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Home/TEK Tower Kitchener Condos/B394

B394

Available

$572,000

$1,452/sq ft

1 Bed·1.0 Bath·394 sq ft·South·$1,452/sq ft

Bedrooms

1 Bed

Bathrooms

1.0

Size

394 sq ft

Exposure

South

1 / 3Next: E643
B394 Floor Plan at TEK Tower Kitchener Condos - 394 sq.ft
Click to enlarge

Floor Range: 7-39 | Unit Number: 02

Price History

$561K$574K$586K$599K$611KMar 22Mar 22Feb 24Nov 24Jan 25

Launch Price

$561,000

$1,424/sq ft

Mar 3, 2022

Current Price

$572,000

$1,452/sq ft

$11,000 (+2.0%)

Deposit Structure

Deposit breakdown for this unit priced at $572,000

(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%$23,600$28,600Sep 22, 2026
2.5% - 90 days2.5%$14,300$42,900Nov 21, 2026
2.5% - 180 days2.5%$14,300$57,200Feb 19, 2027
2.5% - 360 days2.5%$14,300$71,500Aug 18, 2027
2.5% - 450 days2.5%$14,300$85,800Nov 16, 2027
5% - Jan 15, 20265%$28,600$114,400Dec 14, 57496
Total Deposit20.0%$114,400

394 sq ft × $0.67/sq ft = $264/mo

Monthly Mortgage (P&I)$2,492
Property Tax (est.)$310
Maintenance Fees$264
Total Monthly Cost$3,066

Down payment: $114,400 (20.0%) · Mortgage: $457,600

Property tax rate: 0.65%. Uses the standard Canadian semi-annual compounding convention. Estimates only—not a pre-approval or offer of credit. Actual rates and eligibility may vary. Provincial sales tax on mortgage insurance, when applicable, is not included. Consult a mortgage professional for accurate figures.

Land transfer tax on this homeRent vs ownView more calculators →

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Building Market

For Sale
$467/sqft
3on MLS
15 avg DOM
$250K–$995K
Developer
$1,256/sqft
9available
$572K–$846K
For Rent
$3.06/sqft
4on MLS
14 avg DOM
$2K–$2K

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