- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 1,000–1,199sq ft
- Per sq ft
- $318at the range’s middle
- Tax a year
- $2,1932026 tax year
- Parking
- 11 underground
- Days on market
- Members
The brief
About 506-3227 King St
506-3227 King St is a 2-bedroom, 2-bathroom condo in Kitchener, listed for sale at an asking price of $349,900 (MLS® X12704202).
Welcome to effortless condo living in The Regency! Recently beautifully renovated 2 bedroom 2 full bath unit is the perfect home for first time home buyer or someone looking to downsize. Bright open concept Living Room & Dining Room, large Primary Bedroom with walk-in closet and 3 piece Ensuite, good sized 2nd Bedroom, 4 piece Bathroom, Storage Room. 2025 renovations include: ensuite Bath with glass shower & massage panel, 54" vanity with new sink & faucet, new toilet and LED lights, porcelain floor & shower tiles. The 2nd bathroom with new tap, 30" vanity with faucet, new dual flush toilet, LED lights, porcelain tile floor and tub surround. All new Stainless Steel kitchen appliances, soft close cabinet doors and ceiling fan. New stackable washer/dryer. New click waterproof vinyl planks in Living/Dining/2 Bedrooms and storage. New custom window vertical blinds by Levelor in Living Room. Cordless soft lift blinds in both bedrooms from Blinds To Go. Close to Chicopee Ski Hill, walking trails, Fairview Park Mall, grocery stores, Costco, restaurants, easy access to Highway 8 & 401.
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall35/100−$664/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
- $2,193 / 2026
- MLS® number
- X12704202
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- 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
- 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
- Other
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Carbon monoxide detector, dishwasher, dryer, microwave, range hood, refrigerator, smoke detector, stove, washer, window coverings
- Condo maint.
- $884
Rooms
Room details unavailable
The listing source did not provide room-level measurements or features.
Listing history
Buy/sell history for 506-3227 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 | Ext | X12704202 |
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
53%Monthly carrying cost
$2,664- Rent $2,000
- Shortfall $664
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 land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 3 water-supply wells recorded within 250 mAll were drilled for domestic use; 8 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 10.7 m.250 m
- Groundwater recorded about 14.2 m below ground nearbyThe middle water level in the well records within 500 m (44 records). It changes with the season and from spot to spot.500 m
- Bedrock about 56.4 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity3
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- 2 open development applications within 250 mAn application is a proposal: it may change, be refused or never be built.250 m
- Nearest airport: 4.1 km4.1 km
Province of Ontario open data · Municipal development applications
Around the home2
- Nearest rail line: 110 m110 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
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is KUNTZ ELECTROPLATING INC., 2.1 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet2
- Electricity is distributed here by Enova Power Corp.At the address
- Fibre to the home, Cable, DSL internet listed for this areaFibre 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.At the address
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 – City of Kitchener. Contains information licensed under the Open Government Licence – Ontario.
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
Map and tour
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 |
| Wilson Avenue Public SchoolWaterloo Region DSB | Public · grades JK–6 | 2.3 km | 71%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 | 1.1 km | 70%Grade 9 math |
| Notre Dame Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.9 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.