404 King St W 217
Kitchener, N2G 4Z9
FOR SALE
$349,999
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Property Description
Experience urban living at its finest in this stunning loft condo nestled in the heart of downtown. With a generous 646 square feet of living space, this modern residence seamlessly blends style, comfort, and convenience. Step inside to discover a contemporary loft design featuring high ceilings and expansive windows that flood the space with natural light, creating an inviting atmosphere. The open layout effortlessly transitions between living, dining, and kitchen areas, perfect for entertaining guests or relaxing after a long day. This condo offers versatility with one spacious bedroom plus an additional den, ideal for a home office, guest room, or creative space to suit your lifestyle needs. Convenience is key, with an included assigned parking spot and an owned locker for extra storage. Located in a prime downtown area, this condo is within close proximity to major IT and financial companies, making it an excellent choice for both young professionals and investors seeking a convenient commute and access to urban amenities. Enjoy the vibrant energy of city living with easy access to transportation hubs, trendy restaurants, shopping, and entertainment options. Don't miss out on the opportunity to make this chic condo your own. Schedule a viewing today and discover the epitome of downtown living!
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Taxes
$2,727 (2024)
Basement
None
Exterior
Brick, Concrete
Heat Included
Yes
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned (1)
Garage Type
Surface
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Kitchener Market Statistics
Kitchener Price Trend
404 King St W 217 is a 1-bedroom 1-bathroom condo listed for sale at $349,999, which is $80,001 (18.6%) 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 Royal Lepage Wolle Realty
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