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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/B394

B394

Available

$572,000

$1,452/sq ft · Resale avg $1,109/sqft

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$28,600May 31, 2026
2.5% - 90 days2.5%$14,300$42,900Jul 30, 2026
2.5% - 180 days2.5%$14,300$57,200Oct 28, 2026
2.5% - 360 days2.5%$14,300$71,500Apr 26, 2027
2.5% - 450 days2.5%$14,300$85,800Jul 25, 2027
5% - Jan 15, 20265%$28,600$114,400Aug 22, 57496
Total Deposit20.0%$114,400

394 sq ft × $0.67/sq ft = $264/mo

Monthly Mortgage (P&I)$2,425
Property Tax (est.)$310
Maintenance Fees$264
Total Monthly Cost$2,999

Down payment: $114,400 (20%) · Mortgage: $457,600

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
84 avg DOM
$980K
Developer
$1,256/sqft
9available
$572K–$846K

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