741 King Street 1302, Kitchener

$349,000
741 King Street 1302

$349,000

New
3d
Condo Apartment1 Storey/Apt

741 King Street 1302, Kitchener

Total Monthly Obligation $2,309

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
3d
Score
19
Yield
6.2%
Cash on Cash
-5.6%
Cap Rate
3.4%
5Y IRR
11.2%
10Y IRR
11.1%
Property Type-Condo Apartment
MLS® Number-X14099608
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 20, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,316 (2025)
Maintenance-$424.65/mo
Locker-None
Parking-1 - Underground
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX GOLD REALTY INC.
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Other
Possession-TBD
Title-Residential Condo & Other

No agent assigned

Less than two years old and the lowest-priced unit in the building on a per-square-foot basis.This modern 1 bedroom, 1 bathroom condo features a spacious open-concept layout with floor-to-ceiling windows and a massive approximately 200 sq. ft. private balcony with two walk-outs and unobstructed King Street views, offering excellent privacy. The European-inspired kitchen includes built-in appliances, quartz countertops, and in-suite washer and dryer. Smarthome technology is integrated throughout the unit. The spa-like bathroom offers a glass shower and in-floor heating. Includes one underground parking space and one storage locker. Enjoy access to premium amenities including sauna, rooftop deck, BBQ area, party room, lounge, bike storage, and ample visitor parking. Ideally located in the heart of Kitchener along the ION LRT line with easy access to University of Waterloo, Wilfrid Laurier University, major highways,and all amenities. Immediate possession available.

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$
$
(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$279,200
Land Transfer Taxes$3,710
Legal Fees (Est.)
$
Total cash required for closing$75,010

Total Monthly Obligation

$2,309/mo
Mortgage $1,408
Monthly Loss $1,938
Principal$370
Interest$1,037
Property Tax$276
Condo Fees$425
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.4%14
Cash-on-Cash
-11.2%0
5-Year IRR
7.2%19
10-Year IRR
8.6%
Returns Index
10.7/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$21,468/yr
NOI
$8,509/yr
Net Cash Flow
-$699/mo
Cash Margin
-39.1%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.505
LTV Ratio
80.0%18
Vacancy Buffer
4.2 mo72
Risk Index
31.6/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 741 King Street 1302

Time

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Data last updated within the past 24 hours.