410 King Street W 505, Kitchener

$299,900
410 King Street W 505

$299,900

New
22d
Condo ApartmentApartment

410 King Street W 505, Kitchener

Total Monthly Obligation $2,508

Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
22d
Score
17
Yield
7.4%
Cash on Cash
-9.3%
Cap Rate
2.6%
5Y IRR
8.2%
10Y IRR
8.9%
Property Type-Condo Apartment
MLS® Number-X13848524
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Taxes-$2,699.67 (2026)
Maintenance-$873.4/mo
Locker-Owned
Parking-1 - None
Basement-None
Heating-Heat Pump (Gas)
Brokerage-ROYAL LEPAGE TERREQUITY BHAVSAR REALTY
Cooling-Central Air
Laundry-No
Fireplace-No
Pool-None
Exterior-Brick
Possession-90+ days
Title-Residential Condo & Other

No agent assigned

Authentic loft living meets modern downtown convenience at the iconic Kaufman Lofts. Set within one of Kitchener's most recognizable heritage buildings, this exceptional 1 bedroom loft offers approximately 745 sq. ft. of open-concept living, soaring 12+ ft ceilings, expansive wall-to-wall windows and an abundance of natural light. Originally home to the historic Kaufman Rubber Company, the building was constructed in stages between 1908 and 1925 and designed by renowned industrial architect Albert Kahn, preserving its distinctive industrial character while being thoughtfully transformed into a sought-after loft residence. Inside, the wide and exceptionally bright layout creates a true loft experience with generous living and dining areas, an open-concept kitchen featuring stainless steel appliances, centre island, granite countertops and ceramic backsplash, plus a private balcony for enjoying the outdoors. The dramatic ceiling height and oversized windows bring an impressive sense of volume and light rarely found in newer condominium buildings. Located in the heart of Kitchener's downtown Innovation District, you are steps from shopping, restaurants, transit and everyday amenities, with easy access to major highways and Waterloo's universities. Includes one storage locker and one surface parking space. A unique opportunity to own an authentic piece of Kitchener history while enjoying contemporary urban living. A truly special loft residence in a double award-winning project.

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

Closing Costs

Mortgage Amount
$239,920
Land Transfer Taxes$2,974
Legal Fees (Est.)
$
Total cash required for closing$64,454

Total Monthly Obligation

$2,508/mo
Mortgage $1,210
Monthly Loss $2,190
Principal$318
Interest$891
Property Tax$225
Condo Fees$873
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.5%9
Cash-on-Cash
-15.7%0
5-Year IRR
4.0%8
10-Year IRR
6.5%
Returns Index
5.3/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
17/ 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
$22,164/yr
NOI
$4,367/yr
Net Cash Flow
-$846/mo
Cash Margin
-45.8%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.302
LTV Ratio
80.0%18
Vacancy Buffer
3.8 mo66
Risk Index
28.9/ 100

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

Comparables

Properties near 410 King Street W 505

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

The information provided herein must only be used by consumers who have a bona fide interest in the purchase, sale, or lease of real estate and may not be used for any commercial or other purpose.

Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

REALTOR®, REALTORS®, and the REALTOR® logo are certification marks owned by REALTOR® Canada Inc. and licensed exclusively to the Canadian Real Estate Association (CREA).

The MLS® trademark and MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.

Data last updated within the past 24 hours.