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$368K · 2 bed Condo Apartment · Kitchener | MyPropertyScout

$367,900

Unit 301

88 DOM

2188d

Map

DOM 88

↓ $42,000Price Reduced

$367,900

B●●○○○DOM88days

Unit 301

The Bright Building · 741 King Street · Kitchener · Ontario N2G 0E9

MLS® X12954546 · N2G 0E9

21Vacant700-799 ft²Condo ApartmentNone88d$491/ft²$3,568 tax/yrBuilt 20233 yrs old

4% below market · regional est. · 88 days on market

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

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…

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Property details

MLS#: X12954546
Status: Buy Now
Beds: 2
Baths: 1 full, 0 half
Size: 700-799
Style: 1 Storey/Apt
Type: Condo Apartment
Year built: —

Property features: Hospital, Library, Park, Place Of Worship, School Bus Route, Public Transit

Building name: The Bright Building
Condo corp #: 783
Balcony: Terrace
Locker: None
Association amenities: Bike Storage, Community BBQ, Elevator, Party Room/Meeting Room, Sauna, Visitor Parking
Fees include: Heat Included, Common Elements Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 0 total
Heating: Heat Pump
Heating fuel: Electric
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Concrete
Fronting on: —
Cross street: Agnes St and Green St
Basement: None
Stories: 3
Utilities: —
Laundry: In-Suite Laundry
Interior: Carpet Free, Countertop Range, On Demand Water Heater, Primary Bedroom - Main Floor, Intercom, Water Heater Owned, Wheelchair Access, Built-In Oven
Parking features: —

Rooms

Level	Room	Dimensions
Main	Kitchen	3.4m × 3.66m
Main	Living Room	3.4m × 3.61m
Main	Bedroom	3.78m × 3.07m
Main	Bedroom 2	3.66m × 3.2m
—	Bathroom	—
—	Other	7.37m × 4.22m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RE/MAX REAL ESTATE CENTRE INC.

Source: TRREB/PROPTX · MLS® X12954546

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$368K

Unit 301 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $367,900✓ $3,568 tax✓ Electric✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,665/mo

incl. closing costs (yr 1)

Annual total

$43,977

year 1

Mortgage only

$1,396/mo

principal + interest

Beyond mortgage

$1,478/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$73,580

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$297/mo

Utilities

Hydro / electricity$75/mo

≈ $0.13/ft² × ~750 ft² · incl. electric heat

Heat$0/mo

Electric heat — no gas service · see hydro

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$3,679/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$47/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$3,994

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)38% $16,748/yr

Property taxes17% $7,562/yr

Utilities6% $2,460/yr

Insurance & security4% $1,600/yr

Maintenance8% $3,679/yr

Condo fees16% $6,828/yr

Closing costs12% $5,100/yr

Mortgage is 38% of your true cost of ownership. The other 62% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$16,748	$1,396/mo
Government & taxes
Property tax	$3,568	$297/mo
Land transfer tax(closing)	$3,994	$333/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$3,679	$307/mo
Condo fees
Condo / HOA fees	$6,828	$569/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$43,977	$3,665/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 301

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs