404 King Street, Unit 2, Kitchener, ON

$387,500
MLS#:X9309553
1 beds
1 baths
800-899 sqft
1.0 parking
Residential Condo & Other
404 King Street W 404, Kitchener, ON N2G 2L5
⚠️

Property no longer active

This property was sold on October 23, 2024. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable Apartment condo apartment located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick and stucco (plaster) construction, this residence presents an exceptional opportunity offered at $387,500 to acquire a beautiful home in a highly sought-after setting. Designed for both comfortable daily living and elegant entertaining, the layout maximizes natural light, functional flow, and lifestyle utility.

  • 1 Bedroom and 1 Bathroom
  • Generous living space spanning 800-899 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Ventilation System, Intercom
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

Elevate your lifestyle in this exquisitely updated east-facing loft, nestled in one of Kitchener's most recognizable historic buildings at 404 King Street W. This immaculate unit showcases industrial architecture with soaring 14-foot ceilings and expansive windows that flood the space with natural light, offering a bright and inviting atmosphere.The heart of this home is a beautifully appointed kitchen equipped with stainless steel appliances, a granite countertop island with a breakfast bar, and a subway tile backsplash, recently enhanced with a new dishwasher and modern taps. The unit features a new heating and cooling system installed in 2022 . Situated just steps from excellent transit options, this location is a commuters dream. Additionally, the loft is in close proximity to Google offices and world-class coworking spaces, making it ideal for professionals. Residents also enjoy premium building amenities including access to a rooftop patio with sweeping cityscape views and a communal barbecue area perfect for entertaining.Unit 404 at 404 King Street W is a rare opportunity to own a piece of Kitcheners vibrant history, now equipped with all the conveniences of modern urban living. Whether youre a first-time homebuyer or a seasoned investor, this loft promises an unmatched living experience in the heart of downtown Kitchener.

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Property Summary

This condo apartment located at 404 King Street, Kitchener is currently for sale and has been available on SousaSells for 695 days. This property is listed at $387,500 with an estimated mortgage of $1,290* per month. It has 1 bed, 1 bathroom, and is 800-899 square feet. 404 King Street, Kitchener

* Estimated mortgage assumes a 30% down payment, 4.00% interest rate, and 30-year amortization.
Is this a Good Home for Families?

Ideal for small families, couples, or individuals seeking a manageable and comfortable living layout in Kitchener.

Great for Small Household / Couples
What We Love About This Home
  • 1 spacious bedroom layout offering versatile living space
  • 1 well-appointed bathroom
  • 800-899 sqft of generous functional square footage
Standout Features & Layout
Who Should Buy This Home?

Urban professionals, first-time buyers, or investors looking for low-maintenance living in Kitchener.

Target Buyer Match

Key Features

Bedrooms
1
Bathrooms
1
Kitchens
1
Living Area
800-899 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateOctober 23, 2024
Sold price information is available to members only
Listed Date9/10/2024
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Apartment
Architectural StyleApartment
ConstructionBrick, Stucco (Plaster)
BasementNone
CountyWaterloo
Annual Tax$3,090.74

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Hospital
  • Library
  • Public Transit
  • Park
  • School Bus Route
  • School

Interior Features

  • Ventilation System
  • Intercom

Security Features

  • Carbon Monoxide Detectors
  • Smoke Detector
  • Other

Community Features

None listed

Frequently Asked Questions about 404 King Street, Unit 2, Kitchener, ON

Q.What is the asking price for 404 King Street, Unit 2, Kitchener, ON ?

The current listing price for 404 King Street, Unit 2, Kitchener, ON in Kitchener is $387,500.

Q.How many bedrooms and bathrooms does this property have?

This property features 1 bedroom and 1 bathroom across approximately 800-899 sqft.

Q.What property type and architectural style is 404 King Street, Unit 2, Kitchener, ON ?

404 King Street, Unit 2, Kitchener, ON is a Condo Apartment (Apartment) featuring a None basement.

Q.What key property features does 404 King Street, Unit 2, Kitchener, ON offer?

Key property features include: Hospital, Library, Public Transit, Park, School Bus Route, School.

Q.What interior features are included in this home?

Interior highlights include: Ventilation System, Intercom.

Q.What security features are installed at 404 King Street, Unit 2, Kitchener, ON ?

Security features include: Carbon Monoxide Detectors, Smoke Detector, Other.

Q.Is parking available at this property?

Yes, this property offers parking space for 1.0 vehicle (None).

Q.What heating and cooling systems are installed?

Heating is provided via Gas and cooling via Central Air.

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Location

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404 King Street, Unit 2, Kitchener, ON

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Property History

No historical data available for this property.

This could be the first listing for this address.

Pricing & Value Insights

Data-driven valuation for 404 King Street W 404, Kitchener, ON N2G 2L5

Estimated Sales Range
$1.2M - $1.4M

Based on 0 recent similar sales in the pocket.

Market Speed
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Properties in this area are selling at a steady pace.

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Mortgage & Affordability Audit

Calculate your monthly payment, minimum downpayment, and land transfer taxes for this home in Kitchener.

Configure Loan Settings

Interest Rate4.00%
Down Payment$116,250 (30.0%)
* Minimum Canadian down payment required for this price is $19,375.
Amortization Period30 Years
Estimated Monthly Payment$1,290Based on a loan of $271,250 over 30 years.
Purchase Price$387,500
Loan Amount$271,250
Provincial Land Transfer Tax:$4,288
Total Estimated Closing Taxes:$4,288

About Purchasing a Home in Kitchener, ON

For a property listed at $387,500 in Kitchener, the legal minimum down payment is $19,375 under current Canadian banking regulations. This calculation applies a 5% requirement on the first $500,000, 10% on the next $499,999, and a flat 20% on any amount exceeding $1,000,000.

Additionally, buyers in Ontario must budget for the Provincial Land Transfer Tax, which is estimated at $4,288 for this transaction. As this listing is in Kitchener (outside the City of Toronto), no additional municipal land transfer tax is levied, resulting in total estimated land transfer taxes of $4,288.

Kitchener Neighborhood Guide

Comprehensive city-wide demographics, local real estate stats, and school rankings for Kitchener.

Verified Local Data
City Population575,847
City Median Age38 Yrs
City Ownership65% Owners
Avg Area List Price$781,951

People & Families

Age Distribution

Household Composition

One-person households
25%
Families with children
45%
Couples without children
28%
Other households
3%

Top Ethnic Origins

English18%
German17%
Scottish15%
Irish15%

Best Schools in Kitchener

Elementary Schools

Our Lady of Grace
Public70 Gracefield Crescent, Alpine, Kitchener, Ontario, N2E 1R9
7.3
Alpine
Public75 Lucerne Drive, Alpine, Kitchener, Ontario, N2E 1B4
5.8
A R Kaufman
PublicCarwood Avenue, Rockway, Kitchener, Ontario, N2G 3C5
2.0
Queen Elizabeth
Public191 Hoffman Street, Southdale, Kitchener, Ontario, N2M 3N2
4.0
Rockway
Public110 Doon Road, Rockway, Kitchener, Ontario, N2G 3C8
3.6

Secondary Schools

St. Mary’s
Catholic1500 Block Line Road, Kitchener, Ontario, N2C 2S2
6.1
Eastwood
Public760 Weber Street East, Eastwood, Kitchener, Ontario, N2H 1H6
5.8
Cameron Heights
Public301 Charles Street East, King East, Kitchener, Ontario, N2G 2P8
7.5

Kitchener Demographic Home information

Structural Home Types

Tenure (Ownership vs Rental)

Owner-Occupied65%
Rented35%

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Notice: Market Insights are generated by analyzing real-time data and should be used for informational purposes only. Consult with a licensed professional for exact valuations.

Disclaimer: AI Insights are generated by an automated system and should be used for informational purposes only. While we strive for accuracy using current market data and deep-learning models, these assessments do not constitute professional real estate, legal, or financial advice. All property values, predictions, and scores are estimates. We strongly recommend verifying all property details and conducting independent due diligence with a licensed professional before making any purchase decisions.