- Bedrooms
- 1+1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $577at the range’s middle
- Tax a year
- $3,9462025 tax year
- Built
- 0-5
- Parking
- 11 underground
- Days on market
- Members
The brief
About 807-128 King St
807-128 King St is a 1+1-bedroom, 1-bathroom condo in Waterloo, listed for sale at an asking price of $374,999 (MLS® X12754444).
Welcome to ONE28 - A Modern Luxury Condo in the Heart of Uptown Waterloo! Just steps from Wilfrid Laurier University and minutes from the University of Waterloo, this stylish and contemporary residence offers low maintenance fees and an impressive selection of upscale amenities. This bright and spacious 1 Bedroom plus Den, 1 Bathroom unit offers over 650 square feet of open concept living space, complete with a private balcony showcasing beautiful, unobstructed east facing views. The unit includes one parking space and a storage locker, adding to its everyday practicality. Upon entry, you're welcomed by a thoughtfully designed foyer that flows into an upgraded L-shaped kitchen featuring tall cabinetry, quartz countertops and backsplash, full size stainless steel appliances, and a double sink. The kitchen opens seamlessly into an oversized living and dining area that leads directly to the balcony, creating an ideal space for entertaining or relaxing in the sun-filled interior. The primary bedroom is a serene retreat, highlighted by floor to ceiling windows that flood the room with natural light. The den offers versatile functionality and can easily be enclosed to create a second bedroom or used as a dedicated office space. A modern four piece bathroom is complemented by the convenience of in-suite laundry located just steps away. Residents of ONE28 enjoy a host of premium amenities including concierge service, a fully equipped gym and yoga studio, a party and media room, a rooftop terrace with BBQs, electric vehicle charging stations, and secure bike parking. Currently leased at $1,950 per month plus utilities, this unit presents a Prime opportunity for investors or first time home buyers looking to get into the market with a spacious 1+den unit that includes both parking and a locker. Don't miss your chance to own in one of Waterloo's most desirable addresses - book your showing today!
Insights
Condition Score
Good71/1001 documented update signal
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even46/100−$352/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 45 condos with 2 bedrooms for lease in Waterloo 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
- $3,946 / 2025
- MLS® number
- X12754444
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- 1 Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- Apartment
- Municipality
- Waterloo
Building
- Size
- 600-699 sqft
- Building Age
- 0-5
- Construction
- Brick
Inside
- Bedrooms
- 1+1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Flat
- 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
- Foundation
- Poured Concrete
- Roof
- Flat
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- All permanent fixtures attached to the property in "as is" condition.
- Condo maint.
- $412
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Foyer | 2.61 × 1.21 m | — | Flat |
| Kitchen | 2.61 × 2.31 m | — | Flat |
| Den | 2.61 × 2.42 m | — | Flat |
| Dining | 2.74 × 3.43 m | — | Flat |
| Living | 4.22 × 2.9 m | — | Flat |
| Primary | 4.12 × 2.95 m | — | Flat |
| Laundry | 0.95 × 1.1 m | — | Flat |
Listing history
Buy/sell history for 807-128 King St, Waterloo, 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 | $374,999 | N/A | Ext | X12754444 |
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
- $75,000
- Total mortgage amount
- $299,999
- Total interest payment
- $213,301
- Total purchase cost
- $588,300
- Mortgage payment
- $1,711/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
36%Monthly carrying cost
$2,452- Rent $2,100
- Shortfall $352
Rental income opens at $2,100, the median asking rent of 45 comparable homes for lease in Waterloo. 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
- $4,100
- Total land transfer tax
- $4,100
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $100
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 $374,999
- $1,875
- Ontario total
- $4,100
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 Waterloo right now
- For sale now
- 140
- Median asking price
- $393K
- New in 7 days
- 8
- Price cuts
- 22%
Middle half: $324K to $473K
41 in 28 days
31 listings
This home is asking 5% below the median.
See all homes in WaterlooAsking 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 |
|---|---|---|
| Willis Way | GRT light rail: ION light rail | 150 m |
| Waterloo Public Square | GRT light rail: ION light rail | 250 m |
| Allen | GRT light rail: ION light rail | 350 m |
| Grand River Hospital | GRT light rail: ION light rail | 950 m |
| Kitchener GO | GO Transit train: Kitchener | 2.4 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
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Our Lady of Lourdes Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 800 m | 70%Grade 6 average |
| Elizabeth Ziegler Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 800 m | 75%Grade 6 average |
| Empire Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1.3 km | 76%Grade 6 average |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 1.5 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Kitchener Waterloo Collegiate and Vocational SchoolWaterloo Region DSB | Public · grades 9–12 · French Immersion | 1.3 km | 73%Grade 9 math |
| Waterloo Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2 km | 57%Grade 9 math |
| St David Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 · French Immersion | 2.5 km | 67%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 9.3 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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