409-3227 KING St
Kitchener, Ontario N2A 3Z9
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $318at the range’s middle
- Tax a year
- $2,1572025 tax year
- Built
- 31-50
- Parking
- 11 underground
- Days on market
- Members
The brief
About 409-3227 KING St
409-3227 KING St is a 2-bedroom, 2-bathroom condo in Kitchener, listed for sale at an asking price of $349,900 (MLS® X14117864).
ONE COVERED GARAGE SPACE. THE BEST PRICED CONDO IN KITCHENER WITH TWO GARAGE SPACES. Welcome to Suite #409-3227 King Street East, nestled in the desirable Chicopee neighbourhood. This beautifully updated 2-bedroom, 2-bathroom condo offers a modern, move-in-ready living space with an open and inviting layout. The bright and spacious living room is filled with natural light, while the renovated kitchen features crisp white cabinetry, a stylish tiled backsplash, stainless steel appliances, and plenty of storage. The adjoining dining area provides the perfect space for everyday meals and entertaining. Convenient in-suite laundry adds to the home's functionality. The generous primary bedroom boasts a large closet and a private 3-piece ensuite, while the second bedroom offers flexibility for guests, a home office, or family. A well-appointed 4-piece main bathroom completes the suite. Enjoy the convenience of underground parking for two vehicles, along with a dedicated storage locker for your seasonal items and extras. Ideally located just minutes from Fairview Park Mall, shopping, restaurants, public transit, Highway 8 and everyday amenities, this home also offers quick access to Chicopee Ski & Summer Resort, making it an excellent choice for year-round recreation. Whether you're a first-time buyer, downsizer, or investor, this exceptional condo combines comfort, convenience, and a fantastic location.
Insights
Condition Score
Good76/1002 documented update signals
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall34/100−$695/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 92 condos with 2 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
- $2,157 / 2025
- MLS® number
- X14117864
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 31-50
- Days on market
- Size
- 1000-1199 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Municipality
- Kitchener
Building
- Size
- 1000-1199 sqft
- Building Age
- 31-50
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Built-in Microwave, Dryer, Refrigerator, Stove, Washer, TV on the wall
- Condo maint.
- $918
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 409-3227 KING St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $349,900 | N/A | Sce | X14117864 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
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
- $69,980
- Total mortgage amount
- $279,920
- Total interest payment
- $199,180
- Total purchase cost
- $549,080
- Mortgage payment
- $1,597/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
55%Monthly carrying cost
$2,695- Rent $2,000
- Shortfall $695
Rental income opens at $2,000, the median asking rent of 92 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
- $3,724
- Total land transfer tax
- $3,724
- First-time buyer rebates (Ontario up to $4,000)
- −$3,724
- Total for first-time buyers
- $0
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 $349,900
- $1,499
- Ontario total
- $3,724
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 market
Condos for sale in Kitchener right now
- For sale now
- 158
- Median asking price
- $350K
- New in 7 days
- 15
- Price cuts
- 20%
Middle half: $300K to $399K
65 in 28 days
31 listings
This home is asking at the median.
See all homes in KitchenerAsking 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
| Station | Lines | Distance |
|---|---|---|
| Fairway | GRT light rail: ION light rail | 1.4 km |
| Block Line | GRT light rail: ION light rail | 3.1 km |
| Mill | GRT light rail: ION light rail | 4.3 km |
| Borden | GRT light rail: ION light rail | 4.4 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Howard Robertson Public SchoolWaterloo Region DSB | Public · grades JK–6 | 550 m | 67%Grade 6 average |
| St Aloysius Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.6 km | 63%Grade 6 average |
| Chicopee Hills Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 2.3 km | 74%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 5.1 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 1 km | 70%Grade 9 math |
| Notre Dame Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.8 km | — |
| Eastwood Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 3.3 km | 42%Grade 9 math |
| ÉSC Père-René-de-GalinéeConseil scolaire catholique MonAvenir | French-language Catholic · grades 9–12 | 3.5 km | 70%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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Sold prices in Kitchener are shown to signed-in members.