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New3 days ago

1807 - 741 King Street W

, Kitchener

$329,900

Condo Apartment |
1 | 1 | 1 | 0
About this home

Welcome to Unit 1807 at 741 King Street West, a modern one-bedroom suite on the 18th floor of downtown Kitchener's sought-after Bright Building. It comes with a rare bonus: a transferable short-term rental licence. That's a standout opportunity for investors, and it gives end-users the flexibility to earn income when they're away. The suite offers 593 sq ft of well-planned space, and large windows fill the living area with natural light and frame sweeping city views. The European-style kitchen has built-in appliances, marble countertops and generous storage, so it's easy to cook and entertain. The bedroom is a quiet retreat, and the bathroom has sleek, contemporary finishes. Covered parking and a storage locker are included. Residents can use the building's amenities, including a stylish communal lounge. Outside your door, downtown Kitchener's cafes, restaurants, boutiques and entertainment are all within walking distance, with transit and major routes close by. Suites with a transferable STR licence rarely come to market, so don't miss this one!

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agent
Jonathan Lee
(647) 983-0770
TypeCondo Apartment
StyleApartment
Approx. Age0-5
Size500-599 sq. ft.
Maintenance Fees$495
LockerNone
BalconyOpen
ExposureWest
Parking TypeBuilt-In
Parking Spaces1
Parking FeaturesNone
Property Tax$3,310
mls© NumberX14027526
Listed ByCORCORAN HORIZON REALTY
Building Insurance Included
Common Elements 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%
$1,689
Property tax
$276
Heat allowance
$150
Condo fees, half counted
$248
Housing costs
$2,362 / mo

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

Down payment20% · $65,980
25-yr amortization

Income needed

$73,000

gross annual household income

Payment at 4%
$1,388 / mo
Cash down
$65,980

Assumes no other monthly debts · 25-yr amortization

Full affordability check

Investment Analysis

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

Values and trends

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