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Listed 7 days ago

405 - 404 King Street W

, Kitchener

$249,900

Condo Apartment |
1 | 1 | 1 | 1
About this home

LOCATION, LOCATION, LOCATION! BEST DEAL IN THE CITY! With a Walk Score of 98, you can truly leave the car at home! Welcome to authentic loft living at the iconic Kaufman Lofts, one of downtown Kitchener's most recognizable and sought-after warehouse conversions. Designed by renowned architect Albert Kahn, this landmark building beautifully combines historic industrial character with modern urban convenience in the heart of the Innovation District. This freshly painted stylish one-bedroom, one-bathroom loft offers all the features that make true loft living so appealing, including soaring 14-foot exposed ceilings, polished concrete floors, oversized factory-style windows that fill the space with natural light, and an open-concept layout that feels bright, spacious and full of character. In-suite laundry and one owned parking space add everyday convenience. Step outside and enjoy everything downtown Kitchener has to offer. The ION LRT is right at your doorstep, providing easy access throughout the city, while Victoria Park, Google, local tech companies, restaurants, cafés, boutique shops, festivals, entertainment and major commuter routes are all close by. Residents of Kaufman Lofts also enjoy excellent building amenities, including a beautiful rooftop terrace complete with a gas BBQ and fire table - the perfect spot to relax, entertain or take in the city skyline. Whether you're a professional looking for an exciting urban lifestyle, a downsizer wanting low-maintenance living with personality, an investor, or someone making the move from the GTA, this distinctive Kaufman Loft offers a unique combination of history, style, convenience and location.

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
Style1 Storey/Apt
Approx. Age16-30
Size500-599 sq. ft.
Maintenance Fees$628
LockerOwned
BalconyNone
ExposureEast
Parking TypeNone
Parking Spaces1
Parking FeaturesSurface
Property Tax$2,754
mls© NumberX13880804
Listed ByRE/MAX TWIN CITY REALTY INC.
Heat Included
Water Included
Common Elements Included
Parking Included
Building Insurance Included
CAC Included

Listing History

  • No recent sale history for this listing.
  • No recent lease history for this listing.

Could you afford this home?

What the bank counts

This home's actual carrying costs, payment stress-tested at 6%

Mortgage, tested at 6%
$1,279
Property tax
$230
Heat allowance
$150
Condo fees, half counted
$314
Housing costs
$1,972 / mo

Lenders cap these at 39% of gross income — that sets the number.

Down payment20% · $49,980
25-yr amortization

Income needed

$61,000

gross annual household income

Payment at 4%
$1,052 / mo
Cash down
$49,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

Estimated rent, cap rate and monthly cash flow for this property

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