741 King St W 406
Kitchener, N2G 0E9
FOR SALE
$459,800
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Property Description
Welcome to 406-741 King St. W., Kitchener where modern luxury meets vibrant urban living! This stunning 1-bedroom, 1-bathroom condo offers a chic, contemporary lifestyle. Step inside to discover a sleek European-style kitchen featuring built-in appliances, gleaming quartz countertops, and generous storage space, perfect for culinary enthusiasts. The spacious bedroom provides a serene retreat for relaxation, while the adjacent bathroom boasts high-end fixtures and finishes that elevate your daily routine with a touch of sophistication. Located in the lively Bright Building, you'll enjoy exclusive access to fantastic amenities and a communal lounge fostering a strong sense of community. In the heart of downtown Kitchener, this prime location puts you just steps away from trendy restaurants, charming cafes, boutique shops, and lively entertainment venues. With easy access to public transportation and major highways, your daily commute will be effortless. Don't miss your chance to make 406 your new home and experience the heights of urban living. Schedule your viewing today and immerse yourself in the vibrant lifestyle Kitchener has to offer! **Photos from a different unit**
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Listing History
List Date | End Date | Days Listed | List Price | Sold Price | Status |
---|---|---|---|---|---|
2023-09-15 | 2023-10-18 | 33 | $499,800 | - | Terminated |
2023-06-14 | 2023-09-14 | 92 | $499,800 | - | Expired |
Property Features
Hospital, Library, Public Transit
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Property Details
Street
City
Property Type
Condo Apt, Apartment
Approximate Sq.Ft.
600-699
Basement
None
Exterior
Concrete
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking Spaces
1
Parking 1
Owned
Garage Type
None
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Room Summary
Room | Level | Size | Features |
---|---|---|---|
Living | Main | 12.99' x 11.91' | |
Kitchen | Main | 12.99' x 12.07' | |
Br | Main | 10.40' x 13.75' |
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Kitchener Market Statistics
Kitchener Price Trend
741 King St W 406 is a 1-bedroom 1-bathroom condo listed for sale at $459,800, which is $27,300 (6.3%) higher than the average sold price of $432,500 in the last 30 days (October 30 - November 28). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener increased by $79,500 (22.5%) compared to the previous 30 day period (September 30 - October 29) and up $28,612 (7.1%) from the same time one year ago.Inventory Change
There were 23 1-bedroom condos listed in Kitchener over the last 30 days (October 30 - November 28), which is down 23.3% compared with the previous 30 day period (September 30 - October 29) and up 9.5% compared with the same period last year.Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($7,761) (1.8%) below asking price over the last 30 days (October 30 - November 28), which represents a $861 decrease compared to the previous 30 day period (September 30 - October 29) and $5,200 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 30 - November 28) stood at 26.1%, up from 23.3% over the previous 30 days (September 30 - October 29) and down from 42.9% 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 17 days when successfully sold over the last 30 days (October 30 - November 28), compared to 58 days before being removed from the market upon being suspended or terminated.Listing contracted with Corcoran Horizon Realty
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