741 King Street Unit 301, Kitchener

Price: $367,900

2 bedrooms, 1 bathrooms

700 - 1,099 sqft

Property Type: Condo

MLS#: X12954546

Welcome to the exceptional ORI+ suite-an uncommon offering that seamlessly blends modern design with intelligent living. Spanning 730 sq ft of thoughtfully designed interior space, this two-bedroom residence features spacious, well-appointed closets that double as efficient storage solutions, keeping your home effortlessly organized. The elegant full bathroom showcases premium finishes, including porcelain tiles with in-floor heating for year-round comfort. Step outside to your expansive 350 sq ft private terrace-an impressive extension of your living space, ideal for hosting guests or enjoying quiet outdoor moments. Inside, floor-to-ceiling windows flood the suite with natural light, enhancing the open and inviting atmosphere. The upgraded kitchen is both stylish and functional, complete with quartz countertops, sleek European-inspired cabinetry, and integrated appliances for a clean, contemporary look. This suite is equipped with advanced smart home features, including keyless entry and a centralized control system for lighting, climate, and security-delivering convenience and peace of mind at your fingertips. Perfectly positioned along the LRT corridor, this location places you between major employment hubs and healthcare facilities, while just steps from the Innovation District and a wide range of urban amenities. Situated within one of Kitchener-Waterloo's most sought-after developments, this building reflects the vision of a highly regarded developer known for shaping vibrant, community-focused spaces.

741 King Street Unit 301 - Condo photo 1 of 18 in Kitchener, Ontario
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$367,900 - 741 King Street Unit 301, Kitchener

Condo for Sale in Kitchener

78 days on market
2Beds
1Baths
700 - 1,099Sq Ft
Condo
Property Details
MLS Number
X12954546
Property Type
Condo
Status
active
Days on Site
78
Bedrooms
2
Bathrooms
1
Square Feet
700 - 1,099 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North East
Balcony
Terrace
Listing Brokerage
RE/MAX REAL ESTATE CENTRE INC.
Description

Welcome to the exceptional ORI+ suite-an uncommon offering that seamlessly blends modern design with intelligent living. Spanning 730 sq ft of thoughtfully designed interior space, this two-bedroom residence features spacious, well-appointed closets that double as efficient storage solutions, keeping your home effortlessly organized. The elegant full bathroom showcases premium finishes, including porcelain tiles with in-floor heating for year-round comfort. Step outside to your expansive 350 sq ft private terrace-an impressive extension of your living space, ideal for hosting guests or enjoying quiet outdoor moments. Inside, floor-to-ceiling windows flood the suite with natural light, enhancing the open and inviting atmosphere. The upgraded kitchen is both stylish and functional, complete with quartz countertops, sleek European-inspired cabinetry, and integrated appliances for a clean, contemporary look. This suite is equipped with advanced smart home features, including keyless entry and a centralized control system for lighting, climate, and security-delivering convenience and peace of mind at your fingertips. Perfectly positioned along the LRT corridor, this location places you between major employment hubs and healthcare facilities, while just steps from the Innovation District and a wide range of urban amenities. Situated within one of Kitchener-Waterloo's most sought-after developments, this building reflects the vision of a highly regarded developer known for shaping vibrant, community-focused spaces.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,887.52/mo

Includes CMHC insurance ($10,264)

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5-yr fixed avg.

Principal: $331,110Interest: $224,881
Mortgage Amount$341,374
Total Interest$224,881
Est. Property Tax$261/mo
Total Cost$566,255

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 301, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,200/mo
Range: $1,870 - $2,530
Cap Rate (ROI)
4.6%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,200
Maintenance Fees-$455
Property Tax (est.)-$261
Insurance (est.)-$77
Net Cash Flow+$1,407

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

Competitive Pricing

At $526/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 78 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 700 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 301, Kitchener | $367,900 | Battaglia Team