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128 King Street 807, Waterloo, ON N2J 0E9

1+1 beds · 1 bath · 1 kitchen · 8 rooms · 1 parking space · 600-699 sq ft · Locker · Laundry in unit · Condo Apartment
$374,999

Also includedCommon Elements · Parking · Building Insurance

Maintenance fee
$412 / month
Property tax
$3,946 / year
Included in the fee
Common Elements, Parking, Building Insurance

Welcome to ONE28 - A Modern Luxury Condo in the Heart of Uptown Waterloo! Just steps from Wilfrid Laurier University and minutes from the University of Waterloo, this stylish and contemporary residence offers low maintenance fees and an impressive selection of upscale amenities. This bright and spacious 1 Bedroom plus Den, 1 Bathroom unit offers over 650 square feet of open concept living space, complete with a private balcony showcasing beautiful, unobstructed east facing views. The unit includes one parking space and a storage locker, adding to its everyday practicality. Upon entry, you're welcomed by a thoughtfully designed foyer that flows into an upgraded L-shaped kitchen featuring tall cabinetry, quartz countertops and backsplash, full size stainless steel appliances, and a double sink. The kitchen opens seamlessly into an oversized living and dining area that leads directly to the balcony, creating an ideal space for entertaining or relaxing in the sun-filled interior. The primary bedroom is a serene retreat, highlighted by floor to ceiling windows that flood the room with natural light. The den offers versatile functionality and can easily be enclosed to create a second bedroom or used as a dedicated office space. A modern four piece bathroom is complemented by the convenience of in-suite laundry located just steps away. Residents of ONE28 enjoy a host of premium amenities including concierge service, a fully equipped gym and yoga studio, a party and media room, a rooftop terrace with BBQs, electric vehicle charging stations, and secure bike parking. Currently leased at $1,950 per month plus utilities, this unit presents a Prime opportunity for investors or first time home buyers looking to get into the market with a spacious 1+den unit that includes both parking and a locker. Don't miss your chance to own in one of Waterloo's most desirable addresses - book your showing today!

MLS number
X12754444
Type
Condo Apartment
Status
Active
Bedrooms
2
Bathrooms
1
Postal code
N2J 0E9
Photos
23
Locker
Yes — Owned (locker Unit 23, level Level 4)
Laundry
In the unit — In-Suite Laundry
Included in the fee
Common Elements, Parking, Building Insurance
222days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 3 times.

Sale history is for registered usersSee what this address sold for and when, across all 3 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Approximate — placed from the postal code, which can cover a block or more.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
MacGregor Public School
Waterloo Region DSB
Elementary177 mNot reported
Crania SchoolsElementary566 mNot reported
Waterloo High SchoolSecondary819 mNot reported
Waterloo Collegiate Institute
Waterloo Region DSB
Secondary1.1 km7.1 / 10
71% met the standard · 2 of 6 measures
AIM KW SchoolElementary1.0 kmNot reported
Elizabeth Ziegler Public School
Waterloo Region DSB
Elementary1.1 km6.8 / 10
68% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

What an H-Value is and how it is calculated — the method and our measured error, no account needed.

The market around this home

Condo Apartments in Waterloo406 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$373k$417k$462k20252026this home’s asking price
$382klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
96%98%100%20252026the asking price
96%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d25d51d20252026
43dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in waterloo. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 782 people.

$73,000Median household income
38.4%Own their home
20%Detached houses
31.2Median age
18%Born outside Canada
44.8%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300120 — the few blocks around this address, home to 782 people. It describes the area, not this property.

782Population
35.4Average age
2.1Household size
$89,600Average household income
$73,000Median household income
38%Own their home
62%Rent
38%Condominiums
18%Born outside Canada
45%University degree
$540,000Average home value
14%Low income
54%Not in the labour force
49%Never married
Under $5,0001%
$10,000 to $14,9992%
$15,000 to $19,9992%
$20,000 to $24,9991%
$25,000 to $29,9994%
$30,000 to $34,9993%
$35,000 to $39,9995%
$40,000 to $44,9992%
$45,000 to $49,9994%
$50,000 to $59,9997%
$60,000 to $69,9996%
$70,000 to $79,9995%
$80,000 to $89,9995%
$90,000 to $99,9994%
$100,000 and over25%
$100,000 to $124,9998%
$125,000 to $149,9994%
$150,000 to $199,9998%
$200,000 and over6%

Percentages are of the 510 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$75,000 · minimum here is $18,750
$1,660.41per month
Borrowed before insurance$299,999
Total borrowed$299,999
Interest over 25 years at 4.5%$198,125

If you rented it out

-$2,401.25per month out of pocket
Rent$0.00
Everything it costs to hold$2,401.25
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by RE/MAX TWIN CITY REALTY INC.. Listing data provided by the Toronto Regional Real Estate Board.