LOCATION, LOCATION, LOCATION! Best deal in the city! With a Walk Score of 98, you can truly leave the car at home! Welcome to authentic loft living at the iconic Kaufman Lofts, one of downtown Kitchener's most recognizable and sought-after warehouse conversions. Designed by renowned architect Albert Kahn, this landmark building beautifully combines historic industrial character with modern urban convenience in the heart of the Innovation District. This freshly painted stylish one-bedroom, one-bathroom loft offers all the features that make true loft living so appealing, including soaring 14-foot exposed ceilings, polished concrete floors, oversized factory-style windows that fill the space with natural light, and an open-concept layout that feels bright, spacious and full of character. In-suite laundry and one owned parking space add everyday convenience. Step outside and enjoy everything downtown Kitchener has to offer. The ION LRT is right at your doorstep, providing easy access throughout the city, while Victoria Park, Google, local tech companies, restaurants, cafés, boutique shops, festivals, entertainment and major commuter routes are all close by. Residents of Kaufman Lofts also enjoy excellent building amenities, including a beautiful rooftop terrace complete with a gas BBQ and fire table - the perfect spot to relax, entertain or take in the city skyline. Whether you're a professional looking for an exciting urban lifestyle, a downsizer wanting low-maintenance living with personality, an investor, or someone making the move from the GTA, this distinctive Kaufman Loft offers a unique combination of history, style, convenience and location.
1 bedroom, 1 bathroom, about 500 sq ft, works out to roughly $500 per square foot, the bed-to-bath ratio is generous. Chat with Zara if you'd like a deeper read on whether this condo fits your budget and timing.Ask Zara a follow-up
Inside 404 King St W #405
Every detail from the listing, in one place.
Type
Condo
Style
1 Storey/Apt
Living space
500-599 sq ftas stated on the listing
Parking
1 space
Basement
None
Features & systems
Parking & garage
Parking spaces
1
Interior
Basement
None
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
1 Storey/Apt
Property class
Condo Apartment
404 King St W #405 Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X13880804$249,900
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 404 King St W #405 Compares to the Kitchener Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$1,228
/mo
based on the purchase price of $249,900
$49,980 cash
$199,920 financed
$168,385 total interest
Principal54%$199,920
Interest46%$168,385
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
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Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
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Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Kitchener
Other 1-bed homes for sale in Kitchener around $250K.
Average days on market29Homes sold in about 29 days on average.
Sale-to-list ratio101.2%On average, homes sold at or above asking.
Active listings759Homes for sale here right now.
Median vs prior 90 days−1.3%Compared with Apr 13 – Jul 12, 2026: prices down.
Based on 798 sales from Jul 12 – Oct 10, 2026 (517 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
More in this building
1 for sale · 1 for rent at 404 King St W — plus its sale and lease history.
404 King St W #405 is listed at $249,900 (MLS® X13880804). Summitly updates the price as soon as the MLS® record changes.
Is $249,900 a good price for 404 King St W #405?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Kitchener. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 404 King St W #405 changed?
No — 404 King St W #405 is still listed at its original asking price of $249,900.
How many bedrooms and bathrooms does 404 King St W #405 have?
404 King St W #405 has 1 bedroom and 1 bathroom, with about 500–599 square feet of living space. It is a condo in Kitchener.
Is 404 King St W #405 close to transit?
The nearest rapid-transit station is Kitchener Market Station (ION), about 130 m (about a 2-minute walk) in a straight line. Frederick Station is about 490 m (about a 6-minute walk), and Queen Station is about 600 m (about a 8-minute walk). Distances are straight-line, not walking routes; check the transit agency for routes and schedules.
How much would the monthly mortgage be on 404 King St W #405?
About $1,228 a month — principal and interest on $249,900 with 20% down ($49,980), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 404 King St W #405 compare with other homes in Kitchener?
Its asking price of $249,900 is about 63% below the median sold price in Kitchener over the last 90 days, $666,500, across 798 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 404 King St W #405 been sold before?
Summitly has no earlier MLS® sale or lease of 404 King St W #405 on record from the last two years. Older records aren't shown under TRREB rules.
Where is 404 King St W #405?
404 King St W #405 is in Kitchener, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 404 King St W #405 been on the market?
1 day — 404 King St W #405 was listed on October 9, 2026.
What is the price per square foot of 404 King St W #405?
About $417 to $500 per square foot: the asking price of $249,900 over the 500–599 sq ft the listing gives as its size range.
