741 King St E 202
Kitchener, N2G 1E5
FOR SALE
$539,800
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BEDROOMS2
BATHROOMS1
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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 Spaces
1
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 $539,800, which is $109,800 (25.5%) higher 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 2-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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