404 King St 316

Kitchener, N2G 2L5
FOR SALE
$339,900
404 King St 316, Kitchener
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
404 King St 316
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1
BEDROOMS
1
BATHROOMS
1
KITCHENS
3
ROOMS
X10424813
MLSID
Contact Us
Property Description
Stylish Downtown Loft Living! Situated just steps from trendy pubs, cafes, and more, this bright, unit boasts views of the historic LANG Tannery. The modern kitchen features stainless steel appliances, an island with a breakfast bar, granite countertops, and a subway tile backsplash. The open-concept living and dining area, complete with a fireplace, is ideal for entertaining. Soaring 14' ceilings and expansive windows create a light-filled, inviting space. Enjoy polished concrete floors throughout, and a bedroom with a spacious closet and upper storage. The unit includes in-suite laundry for added convenience. Building amenities include a rooftop patio with BBQ facilities, a secured bike room, and an owned locker for extra storage. The impressive lobby and social room complete the experience. Some of the pictures are virtually staged. The Buyer shall verify the status certificate to confirm the inclusion of a parking space with the unit.
Property Details
Street
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,775 (2024)
Basement
None
Exterior
Brick
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Other
Air Conditioning
Central Air
Parking 1
None
Garage Type
None
Kitchener Market Statistics
Kitchener Price Trend
404 King St 316 is a 1-bedroom 1-bathroom condo listed for sale at $339,900, which is $90,100 (21.0%) lower than the average sold price of $430,000 in the last 30 days (October 27 - November 25). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $57,000 (15.3%) compared to the previous 30 day period (September 27 - October 26) and up $7,500 (1.8%) from the same time one year ago.
Inventory Change
There were 17 1-bedroom condos listed in Kitchener over the last 30 days (October 27 - November 25), which is down 45.2% compared with the previous 30 day period (September 27 - October 26) and down 15.0% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($7,900) (1.8%) below asking price over the last 30 days (October 27 - November 25), which represents a $4,450 decrease compared to the previous 30 day period (September 27 - October 26) and $5,100 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 (October 27 - November 25) stood at 41.2%, up from 19.4% over the previous 30 days (September 27 - October 26) and down from 50.0% 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 18 days when successfully sold over the last 30 days (October 27 - November 25), compared to 50 days before being removed from the market upon being suspended or terminated.
Listing contracted with Re/Max Real Estate Centre Inc.
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