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

404 King Street W 405, Kitchener, ON N2G 2L5

1 bed · 1 bath · 1 kitchen · 4 rooms · 1 parking space · 500-599 sq ft · Locker · Laundry in unit · Condo Apartment
$268,000

Utilities includedHeat · Water · Central Air Conditioning

Also includedCommon Elements · Parking · Building Insurance

Maintenance fee
$628 / month
Property tax
$2,754 / year
Included in the fee
Heat, Water, Common Elements, Parking, Building Insurance, CAC

Experience authentic loft living at the iconic Kaufman Lofts, one of downtown Kitchener's most sought-after warehouse conversions. Designed by renowned architect Albert Kahn, this landmark building blends historic industrial character with modern urban living in the heart of the Innovation District. This stylish one-bedroom, one-bathroom loft showcases everything loft enthusiasts love, including soaring 14-foot exposed ceilings, polished concrete floors, oversized factory windows that flood the space with natural light, and an open-concept layout full of character and charm. Plus enjoy the convenience of in-suite laundry and one owned parking space! Step outside and immerse yourself in one of the region's most vibrant neighbourhoods. With the ION LRT right at your doorstep, you'll enjoy effortless access to downtown Kitchener, Victoria Park, Google, local tech companies, boutique shops, cafés, restaurants, festivals, entertainment, and major commuter routes. Residents also enjoy exceptional amenities, including a stunning rooftop terrace featuring a gas BBQ and fire table-an ideal space to relax, entertain, and take in the city skyline. Whether you're a professional seeking an exciting urban lifestyle, a downsizer looking for a low-maintenance home with personality, an investor, or someone hoping to leave the GTA without compromising on convenience or culture, this distinctive Kaufman Loft offers the perfect blend of history, style, and location.

MLS number
X13589086
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
N2G 2L5
Photos
13
Locker
Yes — Owned (level Basement)
Laundry
In the unit — In-Suite Laundry
Included in the fee
Heat, Water, Common Elements, Parking, Building Insurance, CAC
55days · 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

No previous listings found for this address.

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

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
St David Catholic Secondary School
Waterloo CDSB
Secondary178 m8.2 / 10
82% met the standard · 2 of 6 measures
Tayba Elementary SchoolElementary421 mNot reported
Waterloo Collegiate Institute
Waterloo Region DSB
Secondary633 m7.1 / 10
71% met the standard · 2 of 6 measures
Waterloo High SchoolSecondary785 mNot reported
Winston Churchill Public School
Waterloo Region DSB
Elementary614 m7.8 / 10
78% met the standard
MacGregor Public School
Waterloo Region DSB
Elementary1.6 kmNot reported
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 Kitchener361 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
$265k$342k$419k20252026this home’s asking price
$325klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d26d52d20252026
51dlatest 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 kitchener. 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 620 people.

$62,800Median household income
39.3%Own their home
0%Detached houses
30.2Median age
32.8%Born outside Canada
24.3%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300065 — the few blocks around this address, home to 620 people. It describes the area, not this property.

620Population
36.3Average age
2.3Household size
$66,500Average household income
$62,800Median household income
39%Own their home
61%Rent
61%Condominiums
33%Born outside Canada
24%University degree
$300,000Average home value
22%Low income
77%Not in the labour force
43%Never married
$15,000 to $19,9993%
$20,000 to $24,9995%
$25,000 to $29,9995%
$30,000 to $34,9995%
$35,000 to $39,9993%
$40,000 to $44,9995%
$45,000 to $49,9998%
$50,000 to $59,9996%
$60,000 to $69,9999%
$70,000 to $79,9996%
$80,000 to $89,9996%
$90,000 to $99,9996%
$100,000 and over17%
$100,000 to $124,9999%
$125,000 to $149,9995%
$150,000 to $199,9992%

Percentages are of the 320 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.

$53,600 · minimum here is $13,400
$1,186.65per month
Borrowed before insurance$214,400
Total borrowed$214,400
Interest over 25 years at 4.5%$141,594

If you rented it out

-$2,044.15per month out of pocket
Rent$0.00
Everything it costs to hold$2,044.15
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.