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Caledon, King, Toronto, New Tecumseth & Orangeville(437) 228-3434
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MLS® X13841766For SaleCondominium

301-741 King St

Kitchener, Ontario N2G 0E9

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301-741 King St, Kitchener, photo 1
Asking$289,900
Bedrooms
2
Bathrooms
1
Size
700–799sq ft
Per sq ft
$387at the range’s middle
Tax a year
$3,5682025 tax year
Built
0-5
Parking
0underground
Days on market
Members

The brief

About 301-741 King St

301-741 King St is a 2-bedroom, 1-bathroom condo in Kitchener, listed for sale at an asking price of $289,900 (MLS® X13841766).

Welcome to the exceptional ORI+ suite-an uncommon offering that seamlessly blends modern design with intelligent living. Spanning 730 sq ft of thoughtfully designed interior space, this two-bedroom residence features spacious, well-appointed closets that double as efficient storage solutions, keeping your home effortlessly organized. The elegant full bathroom showcases premium finishes, including porcelain tiles with in-floor heating for year-round comfort. Step outside to your expansive 350 sq ft private terrace-an impressive extension of your living space, ideal for hosting guests or enjoying quiet outdoor moments. Inside, floor-to-ceiling windows flood the suite with natural light, enhancing the open and inviting atmosphere. The upgraded kitchen is both stylish and functional, complete with quartz countertops, sleek European-inspired cabinetry, and integrated appliances for a clean, contemporary look. This suite is equipped with advanced smart home features, including keyless entry and a centralized control system for lighting, climate, and security-delivering convenience and peace of mind at your fingertips. Perfectly positioned along the LRT corridor, this location places you between major employment hubs and healthcare facilities, while just steps from the Innovation District and a wide range of urban amenities. Situated within one of Kitchener-Waterloo's most sought-after developments, this building reflects the vision of a highly regarded developer known for shaping vibrant, community-focused spaces.

Insights

  • Condition Score

    Good

    1 documented update signal

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

  • Cashflow Quality

    Near break-even

    −$189/mo against the cost of owning (20% down, 4.8%, 25 yrs)

    Source: Median of 90 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
$3,568 / 2025
MLS® number
X13841766
Board
TRREB MLS®
Property Type
Condo Apt
Building Age
0-5
Days on market
Size
700-799 sqft
Listed on
Parking
Underground, 0 Parking
Listing brokerage: RE/MAX REAL ESTATE CENTRE INC.Data 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
Condo Apt
Style
1 Storey/Apt
Municipality
Kitchener

Building

Size
700-799 sqft
Building Age
0-5
Construction
Concrete

Inside

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

Parking

Garage Type
Underground
Additional Parking
0
Total Parking
0

Utilities

Cooling
Central Air
Heating Type
Heat Pump

Additional

Fireplace
No
Den
No
Family room
No
Condo maint.
$569

Rooms

RoomSizeFeaturesLevel
Br3.78 × 3.07 mB/I ClosetMain
Living3.4 × 3.61 mSliding DoorsMain
Bathroom—3 Pc Bath—
Kitchen3.4 × 3.66 mLaminateMain
2nd Br3.66 × 3.2 m—Main
Other7.37 × 4.22 mBalcony—

Listing history

Buy/sell history for 301-741 King 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$289,900N/AScX13841766

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

The numbers

Mortgage Calculator

Plan with the current asking price

20% · $57,980

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
$57,980
Total mortgage amount
$231,920
Total interest payment
$164,980
Total purchase cost
$454,880
Mortgage payment
$1,323/mo

Cash Flow Analysis

If you rented this home out at 20% down

Break-even down payment

31%

Monthly carrying cost

$2,189
−$189per month
  • Rent $2,000
  • Shortfall $189

Rental income opens at $2,000, the median asking rent of 90 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
$2,824
Total land transfer tax
$2,824
First-time buyer rebates (Ontario up to $4,000)
−$2,824
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 $289,900
$599
Ontario total
$2,824

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

Middle half: $300K to $399K

New in 7 days
15

65 in 28 days

Price cuts
20%

31 listings

This home is asking 17% below the median, lower 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
Grand River HospitalGRT light rail: ION light rail450 m
Central Station - Innovation DistrictGRT light rail: ION light rail700 m
AllenGRT light rail: ION light rail1 km
Kitchener GOGO Transit train: Kitchener1.1 km
Victoria ParkGRT light rail: ION light rail1.2 km

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–6150 m61%Grade 6 average
St John Catholic Elementary SchoolWaterloo CDSBCatholic · grades JK–8700 m56%Grade 6 average
Elizabeth Ziegler Public SchoolWaterloo Region DSBPublic · grades JK–6 · French Immersion1.1 km75%Grade 6 average
École élémentaire L'HarmonieConseil scolaire ViamondeFrench-language public · grades JK–81.8 km84%Grade 6 average
SecondaryTypeDistanceGrade 9 math 2024–25
Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSBPublic · grades 9–12 · French Immersion150 m73%Grade 9 math
Bluevale Collegiate InstituteWaterloo Region DSBPublic · grades 9–122.3 km75%Grade 9 math
Resurrection Catholic Secondary SchoolWaterloo CDSBCatholic · grades 9–123.6 km57%Grade 9 math
École secondaire David Saint-JacquesConseil scolaire ViamondeFrench-language public · grades 9–128 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

Similar Active Listings

Recently sold nearby

Sold prices in Kitchener are shown to signed-in members.

Email Kassaundra Dobson, Broker of Record