741 King Street Unit 304, Kitchener

Price: $364,888

1 bedrooms, 1 bathrooms

500 sqft

Property Type: Condo

MLS#: X13133850

Welcome to 741 King Street West, this modern one-bedroom, one-bathroom condo is situated within close proximity to Canada's fastest-growing tech hub. Ideally located within the heart of Downtown Kitchener and POSITIONED PERFECTLY near offices like Google, KPMG, Sun Life not to mention a close walk to the Waterloo Regional Health Unit (formerly Grand River Hospital). It offers unmatched convenience with easy access to many academic institutions like Wilfrid Laurier University, the University of Waterloo, & Conestoga College. Located steps from Kitchener-Waterloo's best restaurants, shopping, and entertainment, and directly along the ION LRT rapid transit line, YOU'RE SEAMLESSLY CONNECTED across Waterloo, Kitchener, and Cambridge. You are greeted into the building with a SLEEK SCANDINAVIAN DESIGN that features cutting-edge smart home technology with the "InCharge Smart Home System," giving you full control of lighting, temperature, security, and hydro usage from a touch panel or smartphone app. Enjoy high-speed internet, a DIGITAL KEYLESS LOCK, PACKAGE DELIVERY NOTIFICATIONS, AND A PRIVATE TERRACE. The European-style kitchen features quartz countertops, built-in appliances, and generous storage options. Premium building amenities include the cozy "Hygee" LOUNGE COMPLETE WITH MODERN FURNISHINGS, A LIBRARY, CAFÉ, AND FIREPLACE SEATING AREA, TWO SAUNAS, A FIREPIT, A COMMUNAL TABLE, a kitchen and bar, and lounge areas. This unit comes complete with its OWN DEDICATED PARKING SPACE; also equipped with electric vehicle charging stations, ample visitor parking, large bike storage and repair station. This is your chance to live in one of Kitchener's most connected and innovative buildings.

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$364,888 - 741 King Street Unit 304, Kitchener

Condo for Sale in Kitchener

35 days on market
1Beds
1Baths
500Sq Ft
Condo
Property Details
MLS Number
X13133850
Property Type
Condo
Status
active
Days on Site
35
Bedrooms
1
Bathrooms
1
Square Feet
500 sqft
Neighbourhood
Kitchener
Locker
Ensuite
Exposure
South
Balcony
None
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

Welcome to 741 King Street West, this modern one-bedroom, one-bathroom condo is situated within close proximity to Canada's fastest-growing tech hub. Ideally located within the heart of Downtown Kitchener and POSITIONED PERFECTLY near offices like Google, KPMG, Sun Life not to mention a close walk to the Waterloo Regional Health Unit (formerly Grand River Hospital). It offers unmatched convenience with easy access to many academic institutions like Wilfrid Laurier University, the University of Waterloo, & Conestoga College. Located steps from Kitchener-Waterloo's best restaurants, shopping, and entertainment, and directly along the ION LRT rapid transit line, YOU'RE SEAMLESSLY CONNECTED across Waterloo, Kitchener, and Cambridge. You are greeted into the building with a SLEEK SCANDINAVIAN DESIGN that features cutting-edge smart home technology with the "InCharge Smart Home System," giving you full control of lighting, temperature, security, and hydro usage from a touch panel or smartphone app. Enjoy high-speed internet, a DIGITAL KEYLESS LOCK, PACKAGE DELIVERY NOTIFICATIONS, AND A PRIVATE TERRACE. The European-style kitchen features quartz countertops, built-in appliances, and generous storage options. Premium building amenities include the cozy "Hygee" LOUNGE COMPLETE WITH MODERN FURNISHINGS, A LIBRARY, CAFÉ, AND FIREPLACE SEATING AREA, TWO SAUNAS, A FIREPIT, A COMMUNAL TABLE, a kitchen and bar, and lounge areas. This unit comes complete with its OWN DEDICATED PARKING SPACE; also equipped with electric vehicle charging stations, ample visitor parking, large bike storage and repair station. This is your chance to live in one of Kitchener's most connected and innovative buildings.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,872.06/mo

Includes CMHC insurance ($10,180)

$
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5-yr fixed avg.

Principal: $328,399Interest: $223,040
Mortgage Amount$338,579
Total Interest$223,040
Est. Property Tax$258/mo
Total Cost$561,619

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 304, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.8%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$325
Property Tax (est.)-$258
Insurance (est.)-$76
Net Cash Flow+$1,141

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 $730/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.

Market Position

At 35 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.

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 500 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 304, Kitchener | $364,888 | Battaglia Team