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Listing data is provided under license from the Toronto Regional Real Estate Board (TRREB). TRREB assumes no responsibility for the accuracy of the information contained herein. Data is updated periodically and may not reflect the most current market activity. Not intended to solicit buyers or sellers currently under contract. MLS®, REALTOR®, and the associated logos are certification marks owned by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA.

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Home/TEK Tower Kitchener Condos/E705

E705

Available

$846,000

$1,200/sq ft · Resale avg $1,109/sqft

2 Bed·2.0 Bath·705 sq ft·South West·$1,200/sq ft

Bedrooms

2 Bed

Bathrooms

2.0

Size

705 sq ft

Exposure

South West

Prev: E6433 / 3
E705 Floor Plan at TEK Tower Kitchener Condos - 705 sq.ft
Click to enlarge

Floor Range: 7-44 | Unit Number: 01

Price History

$745K$770K$796K$821K$846KMar 22Mar 22Feb 24Nov 24Jan 25

Launch Price

$745,000

$1,057/sq ft

Mar 3, 2022

Current Price

$846,000

$1,200/sq ft

▲$101,000 (+13.6%)

Comparable Listings Nearby

Beta

Similar 2 Bed condo units nearby

For Sale4 listings
1 Victoria Street S, Unit 1712For SaleGood Match

$499,989

1 Victoria Street S, Unit 1712

2 Bed1 Bath800-899 sqft
0.1 km·Built 2018·77d on mkt
1 Victoria Street, Unit 901For SaleGood Match

$590,000

1 Victoria Street, Unit 901

2 Bed2 Bath1000-1199 sqft
0.1 km·6d on mkt
1 Victoria Street S, Unit 1001For SaleGood Match

$600,000

1 Victoria Street S, Unit 1001

2 Bed2 Bath1000-1199 sqft
0.1 km·Built 2018·21d on mkt
1 Victoria Street S, Unit 1513For SaleFair Match

$509,900

1 Victoria Street S, Unit 1513

2 Bed2 Bath1000-1199 sqft
0.1 km·224d on mkt
For Rent3 listings
1 Victoria Street S, Unit 813For LeaseStrong Match

$2,400/mo

1 Victoria Street S, Unit 813

2 Bed1 Bath700-799 sqft
0.1 km·25d on mkt
1 Victoria Street S, Unit 1712For LeaseGood Match

$2,300/mo

1 Victoria Street S, Unit 1712

2 Bed1 Bath800-899 sqft
0.1 km·Built 2018·39d on mkt
1 Victoria Street S, Unit 613For LeaseGood Match

$2,750/mo

1 Victoria Street S, Unit 613

2 Bed2 Bath1000-1199 sqft
0.1 km·9d on mkt

Deposit Structure

Deposit breakdown for this unit priced at $846,000

(20%) $5,000.00 On Signing Balance to 5% - 30 days 2.5% - 90 days 2.5% - 180 days 2.5% - 360 days 2.5% - 450 days 5% - Jan 15, 2026

MilestoneRateAmountCumulativeDue Date
$5,000.00 On Signing$5,000.00$5,000$5,000On Signing
Balance to 5% - 30 daysBalance to 5%$37,300$42,300May 9, 2026
2.5% - 90 days2.5%$21,150$63,450Jul 8, 2026
2.5% - 180 days2.5%$21,150$84,600Oct 6, 2026
2.5% - 360 days2.5%$21,150$105,750Apr 4, 2027
2.5% - 450 days2.5%$21,150$126,900Jul 3, 2027
5% - Jan 15, 20265%$42,300$169,200Jul 31, 57496
Total Deposit20.0%$169,200

705 sq ft × $0.67/sq ft = $472/mo

Monthly Mortgage (P&I)$3,587
Property Tax (est.)$458
Maintenance Fees$472
Total Monthly Cost$4,518

Down payment: $169,200 (20%) · Mortgage: $676,800

Estimates only. Property tax rate: 0.65%. Actual rates may vary. Consult a mortgage professional for accurate figures.

Building Market

For Sale
$1,109/sqft
1on MLS
63 avg DOM
$980K
Developer
$1,256/sqft
9available
$572K–$846K

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