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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

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%)

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$42,300Jun 21, 2026
2.5% - 90 days2.5%$21,150$63,450Aug 20, 2026
2.5% - 180 days2.5%$21,150$84,600Nov 18, 2026
2.5% - 360 days2.5%$21,150$105,750May 17, 2027
2.5% - 450 days2.5%$21,150$126,900Aug 15, 2027
5% - Jan 15, 20265%$42,300$169,200Sep 12, 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.

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Building Market

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