741 King Street Unit 709, Kitchener

Price: $244,900

0 bedrooms, 1 bathrooms

Property Type: Condo

MLS#: X13007178

Welcome to this thoughtfully designed studio at 741 King St W, one of Kitchener's newest condominium addresses and a genuinely exciting place to call home. From the moment you walk in, the oversized windows make an impression, filling the space with natural light and creating an open airy feel that's hard not to love. The modern kitchen is laid out for real functionality, and in suite laundry adds the everyday convenience you actually want. The heated bathroom floor is a standout touch, and your own large private terrace gives you outdoor space that most studios simply don't offer. The building runs on the InCHARGE system platform, a high tech smart building infrastructure that puts control and efficiency at your fingertips. When it comes to amenities, this one is hard to beat. Residents enjoy the Hygge lounge, complete with a library, café, cozy fireplaces, and relaxed seating areas, a space designed for unwinding. The outdoor terrace takes things further with two saunas, a communal dining table, lounge seating, an outdoor kitchen and bar, and trellis shade coverings. Bike storage and a dedicated repair station are on site, and visitor parking is available. Every parking space is EV ready through a partnership with ChargePoint, with separate metering. Situated directly along the LRT route, getting around the city is a breeze. Whether you are a first time buyer looking to enter the market, an investor seeking a strong rental opportunity, or a parent looking for a smart housing option for a student attending the University of Waterloo or Wilfrid Laurier, this one checks a lot of boxes. Parking options are available.

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$244,900 - 741 King Street Unit 709, Kitchener

Condo for Sale in Kitchener

64 days on market
0Beds
1Baths
N/ASq Ft
Condo
Property Details
MLS Number
X13007178
Property Type
Condo
Status
active
Days on Site
64
Bedrooms
0
Bathrooms
1
Square Feet
N/A sqft
Neighbourhood
Kitchener
Locker
Owned
Exposure
North
Balcony
Open
Listing Brokerage
CORCORAN HORIZON REALTY
Description

Welcome to this thoughtfully designed studio at 741 King St W, one of Kitchener's newest condominium addresses and a genuinely exciting place to call home. From the moment you walk in, the oversized windows make an impression, filling the space with natural light and creating an open airy feel that's hard not to love. The modern kitchen is laid out for real functionality, and in suite laundry adds the everyday convenience you actually want. The heated bathroom floor is a standout touch, and your own large private terrace gives you outdoor space that most studios simply don't offer. The building runs on the InCHARGE system platform, a high tech smart building infrastructure that puts control and efficiency at your fingertips. When it comes to amenities, this one is hard to beat. Residents enjoy the Hygge lounge, complete with a library, café, cozy fireplaces, and relaxed seating areas, a space designed for unwinding. The outdoor terrace takes things further with two saunas, a communal dining table, lounge seating, an outdoor kitchen and bar, and trellis shade coverings. Bike storage and a dedicated repair station are on site, and visitor parking is available. Every parking space is EV ready through a partnership with ChargePoint, with separate metering. Situated directly along the LRT route, getting around the city is a breeze. Whether you are a first time buyer looking to enter the market, an investor seeking a strong rental opportunity, or a parent looking for a smart housing option for a student attending the University of Waterloo or Wilfrid Laurier, this one checks a lot of boxes. Parking options are available.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,256.46/mo

Includes CMHC insurance ($6,833)

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5-yr fixed avg.

Principal: $220,410Interest: $149,696
Mortgage Amount$227,243
Total Interest$149,696
Est. Property Tax$173/mo
Total Cost$376,939

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 709, 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)
7.6%
Excellent

Monthly Cash Flow Breakdown

Rental Income+$2,760
Maintenance Fees-$975
Property Tax (est.)-$173
Insurance (est.)-$51
Net Cash Flow+$1,561

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 64 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 709, Kitchener | $244,900 | Battaglia Team