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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13574158For SaleComm Element Condo

1903-1 Victoria St

Kitchener, Ontario N2G 0B5

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1903-1 Victoria St, Kitchener, photo 1
Asking$950,000
Bedrooms
3
Bathrooms
2
Size
2,000–2,249sq ft
Per sq ft
$447at the range’s middle
Tax a year
$8,0452025 tax year
Built
6-10
Parking
22 underground
Days on market
Members

The brief

About 1903-1 Victoria St

1903-1 Victoria St is a 3-bedroom, 2-bathroom condo in Kitchener, listed for sale at an asking price of $950,000 (MLS® X13574158).

Welcome to Penthouse Suite 1903 - a 3-bedroom plus den, 2-bathroom penthouse with panoramic views of Victoria Park. At 2,249 square feet of interior living plus a 167-square-foot private terrace with a natural gas line, this is one of the largest and most elevated homes in Downtown Kitchener. The south-facing views reach across the city skyline and beyond - and on the terrace, at any hour, the views captivate. As soon as you walk into your front door you notice the open concept and panoramic views directly ahead! The suite is finished to a standard that reflects its position. Hand-scraped engineered hardwood floors run throughout. Ceilings rise to10 feet. Hunter Douglas smart blinds, Ecobee smart thermostats, and smart switches throughout. The chef's kitchen anchors the main living space with stainless steel appliances, an oversized island, crisp white cabinetry, and a reverse osmosis water filter system. The primary bedroom is a suite unto itself: two large walk-in closets and a five-piece ensuite with double vanity, a separate soaking tub, and a walk-in shower finished with river rock floors. Two additional bedrooms, a versatile den, and a second full bath complete a floor plan that lives more like a house than a condominium. Underground, two large reserved parking spaces - one already wired and ready for an EV charger - plus a spacious locker. Just steps from the ION LRT, GO Transit, Google, the School of Pharmacy, and Communitech. The Regional Transit Hub, currently under construction immediately adjacent to the building, completes by 2031 - integrating GO, ION, and intercity service into a single node one building away. The buyer who purchases Suite 1903today owns the top of the most connected address in the city's near future.

Insights

  • Condition Score

    Fair

    4 condition-related facts documented

    Source: Listing age, structured features and disclosed update language; not an inspection.

  • Cashflow Quality

    Shortfall

    −$4,805/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 95 homes with 3 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.

Condition uses listing-record signals, not an inspection.

The home

Key facts

Tax
$8,045 / 2025
MLS® number
X13574158
Board
TRREB MLS®
Property Type
Comm Element Condo
Building Age
6-10
Days on market
Size
2000-2249 sqft
Listed on
Parking
2 Underground, 2 Parking
Listing brokerage: CORCORAN HORIZON REALTYData source: TRREB MLS®Information deemed reliable but not guaranteed. Contained information is subject to errors, omissions, and changes without notice. Information should be independently verified.

Property details

Property

Property Type
Comm Element Condo
Style
1 Storey/Apt
Municipality
Kitchener

Building

Size
2000-2249 sqft
Building Age
6-10
Construction
Brick

Inside

Bedrooms
3
Bathrooms
2
Bathroom Details
1 × 6pc Main, 1 × 3pc Main
Basement Type
None
Kitchens
1

Parking

Garage Type
Underground
Garage
2
Additional Parking
0
Total Parking
2

Utilities

Cooling
Central Air
Heating Type
Forced Air

Additional

Fireplace
No
Den
No
Family room
No
Extras
Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer and Window Coverings.
Condo maint.
$2,300

Rooms

RoomSizeFeaturesLevel
Primary3.81 × 6.88 m—Main
Bathroom2.62 × 4.8 m6 Pc BathMain
Dining3.81 × 5.44 m—Main
2nd Br3.2 × 5.38 m—Main
Living6.58 × 6.32 m—Main
3rd Br3.61 × 5.49 m—Main
Den3.29 × 3.69 m—Main
Bathroom2.79 × 3.28 m—Main
Den3.58 × 3.58 m—2nd
Laundry0.61 × 1.52 m—Main
Kitchen3.05 × 5.0 m—Main

Listing history

Buy/sell history for 1903-1 Victoria St, Kitchener, Ontario

Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.

Date StartDate EndList PricePriceEventListing ID
Date StartN/AN/A$950,000N/APcX13574158

Members see the full history. Prices are hidden from signed-out visitors.

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $190,000

CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.

Mortgage Details

4.8% · 5-year term · 25-year amortization · 20% down

Total down payment
$190,000
Total mortgage amount
$760,000
Total interest payment
$540,500
Total purchase cost
$1,490,500
Mortgage payment
$4,335/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

—

Monthly carrying cost

$7,305
−$4,805per month
  • Rent $2,500
  • Shortfall $4,805

Rental income opens at $2,500, the median asking rent of 95 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.

Land transfer tax on this home

Ontario land transfer tax
$15,475
Total land transfer tax
$15,475
First-time buyer rebates (Ontario up to $4,000)
−$4,000
Total for first-time buyers
$11,475
See how this is worked out
0.5% on the first $55,000
$275
1.0% from $55,000 to $250,000
$1,950
1.5% from $250,000 to $400,000
$2,250
2.0% from $400,000 to $950,000
$11,000
Ontario total
$15,475

An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.

Estimate

Estimated value requires sign in

Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.

The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.

Comparable sales

Comparable sales require sign in

Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.

The land

Land and environment

Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.

15 records · 11 on fileRead 2026-11-05
250 m500 m1 km2 kmBeyond · area-wideNo mapped wetland within 120 m2 water-supply wells recorded within 250 mGroundwater recorded about 7 m below ground nearbyBedrock about 50.3 m down nearbyOutside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasNearest airport: 7.9 kmNearest rail line: 170 mA trail on the Ontario trail network within 1 kmNo licensed pit or quarry within 2 kmNo recorded oil, gas or salt well within 250 m1 facility within 1 km reports pollutant releases to Environment Canada1 federal contaminated site within 1 kmElectricity is distributed here by Enova Power Corp.Wired internet 50/10 Mbps or faster is listed at this locationAcross the surrounding area: fibre to the home, cable, DSL internet listed
On record Checked, none on record

Water and conservation4

  • No mapped wetland within 120 m120 m
  • 2 water-supply wells recorded within 250 m141 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 6.1 m.250 m
  • Groundwater recorded about 7 m below ground nearbyThe middle water level in the well records within 500 m (580 records). It changes with the season and from spot to spot.500 m
  • Bedrock about 50.3 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m

Province of Ontario open data

Planning and building activity2

  • Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
  • Nearest airport: 7.9 km7.9 km

Province of Ontario open data

Around the home2

  • Nearest rail line: 170 m170 m
  • A trail on the Ontario trail network within 1 km1 km

Province of Ontario open data

Environmental records4

  • No licensed pit or quarry within 2 km2 km
  • No recorded oil, gas or salt well within 250 m250 m
  • 1 facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Krug Furniture Inc. — Seating, 600 m away. Facilities report to the National Pollutant Release Inventory above set thresholds; reporting a release is not a finding of harm.1 km
  • 1 federal contaminated site within 1 kmAll of them are closed. The federal inventory covers federal land only, not provincial or private sites.1 km

Province of Ontario open data · Government of Canada open data

Power and internet3

  • Electricity is distributed here by Enova Power Corp.At the address
  • Wired internet 50/10 Mbps or faster is listed at this locationFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (20 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.At the address
  • Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide

Ontario Energy Board · Innovation, Science and Economic Development Canada

Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.

Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.

The market

Condos for sale in Kitchener right now

For sale now
7
Median asking price
$480K

Middle half: $412K to $532K

New in 7 days
1

1 in 28 days

Price cuts
29%

2 listings

This home is asking 98% above the median, higher than three quarters of them.

See all homes in Kitchener

Asking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.

Market area · filters apply to the charts below

The street

Transit nearby

StationLinesDistance
Central Station - Innovation DistrictGRT light rail: ION light rail150 m
Victoria ParkGRT light rail: ION light rail400 m
Kitchener GOGO Transit train: Kitchener550 m
Kitchener City HallGRT light rail: ION light rail550 m
QueenGRT light rail: ION light rail800 m

The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.

Schools nearby

ElementaryTypeDistanceEQAO average 2024–25
King Edward Public SchoolWaterloo Region DSBPublic · grades JK–6700 m61%Grade 6 average
St John Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–81 km56%Grade 6 average
Suddaby Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion1.2 km79%Grade 6 average
École élémentaire L'HarmonieConseil scolaire ViamondeFrench-language public · grades JK–82.3 km84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion1 km73%Grade 9 math
Cameron Heights Collegiate InstituteWaterloo Region DSBPublic · grades 9–121.6 km74%Grade 9 math
Resurrection Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–124.2 km57%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–127.1 km70%Grade 9 math

EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.

The verdict

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Email Kassaundra Dobson, Broker of Record