555 King Street, Unit 7, Kitchener, ON

$319,000
MLS#:X12086687
1 beds
1 baths
700-799 sqft
1.0 parking
Residential Condo & Other
555 King Street E 207, Kitchener, ON N2G 2L9
⚠️

Property no longer active

This property was sold on May 21, 2025. This listing is for reference purposes only. to view the sold price.

Property Highlights

Welcome to this remarkable 1 Storey/Apt condo townhouse located in the coveted neighborhood of Kitchener. Expertly crafted featuring premium brick construction, this residence presents an exceptional opportunity offered at $319,000 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 700-799 sqft
  • 1.0 total parking spaces available
  • Notable attributes: Storage, Water Heater, Primary Bedroom - Main Floor
  • equipped with central air central cooling and highly efficient forced air heating via gas

Description

It's inviting, warm, relaxing, and the perfect place for you to call home! With 786 square feet and high ceilings, it's spacious and bright. It's in a great location whether you crave a bite to eat, some recreation and leisure, or access to the city. Visit the Kitchener Market, fresh bakeries, cafes, grocery, sushi, bubble tea, and so much more just 2-3 blocks away from home in this vibrant section of Downtown Kitchener. Access great nearby amenities like the Cameron Heights Pool, running track, sports fields, and tennis courts to meet like-minded others and get your heart rate up! Ride LRT across the city with stops just 2 blocks away, or GRT bus with a stop on this block. Inside, notice thoughtful finishes like hardwood floors, maple cabinets in the kitchen and bath, gas stovetop, transom windows, and a custom paint job throughout. The primary bedroom is complemented with a spacious walk-in closet and secondary storage closet to help you keep things organized and presentable. No shortage of storage here with additional storage closet and kitchen pantry. Make use of the den as dedicated dining room, work-from-home office, hobby space, or guest bedroom. This is truly a must see for buyers looking for a great place to call their own with great finishes across a unique and spacious floorplan! One parking space is included. You'll be impressed. Book a viewing today!

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Property Summary

This townhouse located at 555 King Street, Kitchener is currently for sale and has been available on SousaSells for 478 days. This property is listed at $319,000 with an estimated mortgage of $1,062* per month. It has 1 bed, 1 bathroom, and is 700-799 square feet. 555 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
  • 700-799 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
700-799 sqft
Property Type
Residential Condo & Other

Additional Details

StatusSold
Sold DateMay 21, 2025
Sold price information is available to members only
Listed Date4/15/2025
Transaction TypeFor Sale

Property Details

Property Sub-TypeCondo Townhouse
Architectural Style1 Storey/Apt
ConstructionBrick
BasementNone
CountyWaterloo
Annual Tax$2,444

Parking & Garage

Parking Total1.0
Parking Space1
Garage TypeNone

Heating & Cooling

Heat SourceGas
Heat TypeForced Air
CoolingCentral Air

Features

Property Features

  • Golf
  • Library
  • Park
  • Public Transit
  • Place Of Worship
  • Rec./Commun.Centre

Interior Features

  • Storage
  • Water Heater
  • Primary Bedroom - Main Floor

Security Features

None listed

Community Features

None listed

Frequently Asked Questions about 555 King Street, Unit 7, Kitchener, ON

Q.What is the asking price for 555 King Street, Unit 7, Kitchener, ON ?

The current listing price for 555 King Street, Unit 7, Kitchener, ON in Kitchener is $319,000.

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

This property features 1 bedroom and 1 bathroom across approximately 700-799 sqft.

Q.What property type and architectural style is 555 King Street, Unit 7, Kitchener, ON ?

555 King Street, Unit 7, Kitchener, ON is a Condo Townhouse (1 Storey/Apt) featuring a None basement.

Q.What key property features does 555 King Street, Unit 7, Kitchener, ON offer?

Key property features include: Golf, Library, Park, Public Transit, Place Of Worship, Rec./Commun.Centre.

Q.What interior features are included in this home?

Interior highlights include: Storage, Water Heater, Primary Bedroom - Main Floor.

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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555 King Street, Unit 7, 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 555 King Street E 207, Kitchener, ON N2G 2L9

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$95,700 (30.0%)
* Minimum Canadian down payment required for this price is $15,950.
Amortization Period30 Years
Estimated Monthly Payment$1,062Based on a loan of $223,300 over 30 years.
Purchase Price$319,000
Loan Amount$223,300
Provincial Land Transfer Tax:$3,260
Total Estimated Closing Taxes:$3,260

About Purchasing a Home in Kitchener, ON

For a property listed at $319,000 in Kitchener, the legal minimum down payment is $15,950 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 $3,260 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 $3,260.

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.