741 King St W 406

Kitchener, N2G 0E9
FOR SALE
$459,800
741 King St W 406, Kitchener
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
741 King St W 406
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KITCHENS
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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**
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
Property Details
Street
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
Room Summary
RoomLevelSizeFeatures
LivingMain12.99' x 11.91'
KitchenMain12.99' x 12.07'
BrMain10.40' x 13.75'
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 $106,800 (30.3%) higher than the average sold price of $353,000 in the last 30 days (October 1 - October 30). During the last 30 days the average sold price for a 1 bedroom condo in Kitchener declined by $64,500 (15.4%) compared to the previous 30 day period (September 1 - September 30) and down $74,222 (17.4%) from the same time one year ago.
Inventory Change
There were 30 1-bedroom condos listed in Kitchener over the last 30 days (October 1 - October 30), which is up 50.0% compared with the previous 30 day period (September 1 - September 30) and up 11.1% compared with the same period last year.
Sold Price Above/Below Asking ($)
1-bedroom condos in Kitchener typically sold ($6,900) (2.0%) below asking price over the last 30 days (October 1 - October 30), which represents a $3,000 increase compared to the previous 30 day period (September 1 - September 30) and ($10,183) more 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 1 - October 30) stood at 23.3%, down from 25.0% over the previous 30 days (September 1 - September 30) and down from 66.7% 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 40 days when successfully sold over the last 30 days (October 1 - October 30), compared to 89 days before being removed from the market upon being suspended or terminated.
Listing contracted with Corcoran Horizon Realty
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