741 King St E 202
Kitchener, N2G 1E5
FOR SALE
$514,800

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Property Description
Introducing 202-741 King St. W., Kitchener! Step into this 1 bedroom, 1.5 bathroom condo with a large 475 sq. ft terrace and experience the epitome of contemporary living. The kitchen is a European design with built-in appliances, quartz countertops, and ample storage space, catering perfectly to culinary enthusiasts. The generously sized bedroom serves as a tranquil retreat for unwinding, while the adjacent bathroom showcases sleek fixtures and upscale finishes, enhancing your daily routines. Located in the Bright Building in the heart of downtown Kitchener, this prime location offers easy strolls to trendy eateries, cafes, boutiques, and entertainment venues. With seamless access to public transportation and major highways, commuting is a breeze. Seize the opportunity to make unit 202 your home. Don't miss this opportunity to be part of Kitchener's newest and most vibrant community!
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Property Features
Hospital, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
900-999
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Elevator
Yes
Parking 1
None
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Kitchen | Main | 14.67' x 12.07' | |
Living | Main | 16.40' x 14.67' | |
Prim Bdrm | Main | 10.99' x 10.50' |
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Kitchener Market Statistics
Kitchener Price Trend
741 King St E 202 is a 1-bedroom 2-bathroom condo listed for sale at $514,800, which is $200 (0.0%) lower than the average sold price of $515,000 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $174,040 (51.0%) compared to the previous 30 day period (December 22 - January 20) and up $268,000 (108.5%) from the same time one year ago.Inventory Change
There were 31 1-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 47.6% compared with the previous 30 day period (December 22 - January 20) and up 47.6% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($14,900) (2.9%) below asking price over the last 30 days (January 21 - February 19), which represents a $3,060 increase compared to the previous 30 day period (December 22 - January 20) and ($400) 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 (January 21 - February 19) stood at 3.2%, down from 23.8% over the previous 30 days (December 22 - January 20) and down from 128.6% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 1-bedroom 2-bathroom condo in Kitchener stood at 22 days when successfully sold over the last 30 days (January 21 - February 19), compared to 72 days before being removed from the market upon being suspended or terminated.Listing contracted with Corcoran Horizon Realty
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Welcome to 201 - 741 King St.W. This beautifully designed 1-bedroom + den and 1.5 bathroom condo boasts 959 sqft of living space. The open-concept kitchen and living room offers modern built in appliances, quartz countertops and ample space, perfect for both entertaining and everyday living. Large windows flood the space with natural light, creating a warm and inviting atmosphere. The bedroom offers a generous amount of space while the den offers versatility, whether you need a home office, or guest space. Situated in the Bright Building, this prime location offers easy strolls to trendy eateries, cafes, boutiques, and entertainment venues. With seamless access to public transportation and major highways, commuting is a breeze. Seize the opportunity to make unit 201 your home. Schedule your viewing today and be a part of Kitchener's newest and most vibrant community! **Photos of exterior and amenities only**
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