741 King Street Unit 1811, Kitchener

Price: $298,000

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: X12754092

Welcome to this bright and spacious studio suite in the heart of downtown Kitchener. Featuring floor-to-ceiling windows, this modern unit is filled with natural light and offers an open, airy layout perfect for city living. A smart Murphy bed adds flexibility to the space, easily folding away to create extra room for relaxing or entertaining. The stylish bathroom is a true highlight, complete with heated floors for added comfort year round. Enjoy the convenience of in-suite laundry and one included parking space. Residents also have access to an impressive selection of premium building amenities designed to enhance everyday living. Ideally located just steps from transit, shops, restaurants, and everything downtown Kitchener has to offer, this unit delivers the perfect blend of style, comfort, and unbeatable location!

741 King Street Unit 1811 - Condo photo 1 of 17 in Kitchener, Ontario
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$298,000 - 741 King Street Unit 1811, Kitchener

Condo for Sale in Kitchener

108 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
X12754092
Property Type
Condo
Status
active
Days on Site
108
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North
Balcony
Terrace
Listing Brokerage
CORCORAN HORIZON REALTY
Description

Welcome to this bright and spacious studio suite in the heart of downtown Kitchener. Featuring floor-to-ceiling windows, this modern unit is filled with natural light and offers an open, airy layout perfect for city living. A smart Murphy bed adds flexibility to the space, easily folding away to create extra room for relaxing or entertaining. The stylish bathroom is a true highlight, complete with heated floors for added comfort year round. Enjoy the convenience of in-suite laundry and one included parking space. Residents also have access to an impressive selection of premium building amenities designed to enhance everyday living. Ideally located just steps from transit, shops, restaurants, and everything downtown Kitchener has to offer, this unit delivers the perfect blend of style, comfort, and unbeatable location!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,528.89/mo

Includes CMHC insurance ($8,314)

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5-yr fixed avg.

Principal: $268,200Interest: $182,154
Mortgage Amount$276,514
Total Interest$182,154
Est. Property Tax$211/mo
Total Cost$458,668

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

741 King Street Unit 1811, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,760/mo
Range: $2,346 - $3,174
Cap Rate (ROI)
6.1%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$211
Insurance (est.)-$62
Net Cash Flow+$1,512

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Negotiation Opportunity

At 108 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 0 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    741 King Street Unit 1811, Kitchener | $298,000 | Battaglia Team