410 King Street W 408, Kitchener

$299,900
410 King Street W 408

$299,900

New
17d
Condo Apartment1 Storey/Apt

410 King Street W 408, Kitchener

Total Monthly Obligation $2,617

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
700-799
DOM
17d
Score
16
Yield
7.4%
Cash on Cash
-11.4%
Cap Rate
2.1%
5Y IRR
6.7%
10Y IRR
7.7%
Property Type-Condo Apartment
MLS® Number-X13866658
Beds-1
Bathrooms-1
Size-700-799 sqft
Listed on site-Oct 6, 2026
Style-1 Storey/Apt
Building Type-Condo Apartment
Taxes-$3,388.46 (2026)
Maintenance-$924.46/mo
Locker-Exclusive
Parking-1 - None
Basement-None
Heating-Forced Air (Gas)
Brokerage-RE/MAX TWIN CITY REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-Yes
Pool-None
Exterior-Brick
Possession-immediate
Title-Residential Condo & Other

No agent assigned

Welcome to Kaufman Lofts, a unique historic building in the heart of Downtown Kitchener. This well-appointed 1 bedroom, 1 bathroom condo offers a stylish urban lifestyle with character throughout. The open-concept layout is complemented by soaring ceilings, large windows, and distinctive loft-inspired details that create a bright and inviting living space. The kitchen offers ample cabinetry and workspace, flowing seamlessly into the living and dining areas. Enjoy the convenience of being steps from downtown restaurants, cafes, shopping, transit, the Innovation District, and Kitchener GO Station. Residents also have access to fantastic building amenities, including a rooftop terrace, party room, bike storage, and private storage lockers. An excellent opportunity for first-time buyers, professionals, investors, or anyone looking to enjoy the convenience and energy of downtown living.

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(utilities, internet...)
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%
%

Closing Costs

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

Total Monthly Obligation

$2,617/mo
Mortgage $1,210
Monthly Loss $2,298
Principal$318
Interest$891
Property Tax$282
Condo Fees$924
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
1.0%8
Cash-on-Cash
-17.8%0
5-Year IRR
2.5%6
10-Year IRR
5.5%
Returns Index
3.8/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
16/ 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
$3,066/yr
Net Cash Flow
-$954/mo
Cash Margin
-51.7%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.212
LTV Ratio
80.0%18
Vacancy Buffer
3.7 mo63
Risk Index
27.8/ 100

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

Comparables

Properties near 410 King Street W 408

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.

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Data last updated within the past 24 hours.