741 King St 611
Kitchener, N2G 1E5
FOR SALE
$384,800
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Property Description
Discover the perfect fusion of sophistication and convenience at the Bright Building, situated on the border of Downtown Kitchener and Uptown Waterloo! This bright studio apartment offers a luxurious living experience, complete with a built-in Murphy bed that effortlessly transforms the living room space into a bedroom, heated bathroom floors, custom closets, ensuite laundry, and elegant under light accents. Step out onto your expansive terrace each morning to enjoy a coffee and take in the surroundings. Plus, parking is included! Step into the expansive lobby, where elegance and warmth welcome you. Benefit from the cutting-edge automated parcel delivery system, which simplifies your online shopping. For the active lifestyle enthusiast, enjoy the large bike storage and repair station, encouraging both fitness and eco-friendly commuting. Relax in the Hygge lounge, a serene retreat complete with a library, cafe, and cozy fireplace seating. Venture outdoors to the large terrace, where you can unwind in two saunas, gather around the grand communal table, or enjoy the outdoor kitchen/bar, all shaded by trellises for comfort. Experience unmatched luxury at the Bright Building your new home is ready for you!
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Property Features
Hospital, Public Transit
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
0-499
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 15.75' x 17.09' | Open Concept |
Br | Main | 17.09' x 15.75' | |
Kitchen | Main | 15.75' x 17.09' |
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Kitchener Market Statistics
Kitchener Price Trend
741 King St 611 is a 1-bedroom 1-bathroom condo listed for sale at $384,800, which is $45,200 (10.5%) 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 Corcoran Horizon Realty
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