128 King St 1203

Kitchener, N2J 0E9
FOR SALE
$470,000
128 King St 1203, Kitchener
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1 + 1
BEDROOMS
1
BATHROOMS
1
KITCHENS
5
ROOMS
X8306846
MLSID
Contact Us
Property Description
Perfect for first-time home buyers, students, and investors, this exquisite unit features one bedroom, one den and one washroom, and a spacious open yet private sprawling balcony in a prestigious building.This unit features One Bedroom plus a Spacious Den, large floor-to-ceiling windows that provide ample light and stunning views of the surrounding area. The rent for this unit was $2100, in 2023/2024 Description: Nestled in the heart of Waterloo, just minutes away from Laurier and Waterloo University, this modern condo offers prime urban living. Enjoy top-notch amenities including a study room, fitness and yoga room, party room, and rooftop terrace with BBQ areas, visitor parking, secure bike parking, and charging stations.Walking distance to a variety of restaurants, cafes, parks, shopping and many more entertainment options. Whether you're a young professional , a couple, or a small family.
Extras
Experience luxury living with amenities such as 24-hour security surveillance, party room, fitness room, yoga studio, green roof, and outside terrace.
Nearby Intersections
Property Features
Park, Place Of Worship, Public Transit, School
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$3,300 (2024)
Basement
None
Exterior
Brick
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
None
Garage Type
Other
Kitchener Market Statistics
Kitchener Price Trend
128 King St 1203 is a 1-bedroom 1-bathroom condo listed for sale at $470,000, which is $56,000 (13.5%) higher than the average sold price of $414,000 in the last 30 days (April 14 - May 13). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $50,748 (14.0%) compared to the previous 30 day period (March 15 - April 13) and down $38,500 (8.5%) from the same time one year ago.
Inventory Change
There were 40 1-bedroom condos listed in Kitchener over the last 30 days (April 14 - May 13), which is up 29.0% compared with the previous 30 day period (March 15 - April 13) and up 135.3% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($10,000) (2.4%) below asking price over the last 30 days (April 14 - May 13), which represents a $1,054 decrease compared to the previous 30 day period (March 15 - April 13) and ($4,930) less than the same period last year.
Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 1-bedroom condos in Kitchener over the last 30 days (April 14 - May 13) stood at 35.0%, down from 61.3% over the previous 30 days (March 15 - April 13) and down from 82.4% one year ago.
Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 1-bathroom condo in Kitchener stood at 42 days when successfully sold over the last 30 days (April 14 - May 13), compared to 31 days before being removed from the market upon being suspended or terminated.
Listing contracted with Homelife/Miracle Realty Ltd
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