741 King St W 401
Kitchener, N2G 0E9
FOR SALE
$499,990
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BEDROOMS1
BATHROOMS1
KITCHENS6
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Property Description
Unit 401 at 741 King St West is a stylish urban lifestyle nestled in the heart of downtown Kitchener and uptown Waterloo! This condo features 2 bedrooms and 1 bathroom, includes huge balcony facing king st w and offers privacy with no neighbors facing the living area, bedrooms and balcony. This unit includes a surface parking space and a storage locker. Offers walking distance to amenities like LRT, Grand River Hospital, King Edward school and grocery stores. Convenient access to Google, KPMG, Sun Life Financial, Victoria Park and Go station. This less than a year old condo offers a harmonious blend of contemporary comfort and practicality.
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Property Features
Clear View, Hospital, Library, Park, Public Transit, School
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
700-799
Basement
None
Exterior
Brick, Concrete
Heat Type
Forced Air
Heat Source
Electric
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Prim Bdrm | Main | 10.60' x 12.01' | |
| 2nd Br | Main | 10.10' x 12.50' | |
| Living | Main | 11.19' x 11.09' | |
| Kitchen | Main | 11.19' x 12.01' |
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Kitchener Market Statistics
Kitchener Price Trend
741 King St W 401 is a 2-bedroom 1-bathroom condo listed for sale at $499,990, which is $81,490 (19.5%) higher than the average sold price of $418,500 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom condo in Kitchener declined by $14,000 (3.2%) compared to the previous 30 day period (December 22 - January 20) and up $282,750 (208.3%) from the same time one year ago.Inventory Change
There were 31 2-bedroom condos listed in Kitchener over the last 30 days (January 21 - February 19), which is up 40.9% compared with the previous 30 day period (December 22 - January 20) and up 210.0% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom condos in Kitchener typically sold ($3,450) (0.8%) below asking price over the last 30 days (January 21 - February 19), which represents a $2,501 decrease compared to the previous 30 day period (December 22 - January 20) and ($1,900) 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 2-bedroom condos in Kitchener over the last 30 days (January 21 - February 19) stood at 12.9%, down from 18.2% over the previous 30 days (December 22 - January 20) and down from 540.0% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 1-bathroom condo in Kitchener stood at 44 days when successfully sold over the last 30 days (January 21 - February 19), compared to 56 days before being removed from the market upon being suspended or terminated.Listing contracted with Homelife/Miracle Realty Ltd
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