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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$42,300Sep 22, 2026
2.5% - 90 days2.5%$21,150$63,450Nov 21, 2026
2.5% - 180 days2.5%$21,150$84,600Feb 19, 2027
2.5% - 360 days2.5%$21,150$105,750Aug 18, 2027
2.5% - 450 days2.5%$21,150$126,900Nov 16, 2027
5% - Jan 15, 20265%$42,300$169,200Dec 14, 57496
Total Deposit20.0%$169,200

705 sq ft × $0.67/sq ft = $472/mo

Monthly Mortgage (P&I)$3,686
Property Tax (est.)$458
Maintenance Fees$472
Total Monthly Cost$4,616

Down payment: $169,200 (20.0%) · Mortgage: $676,800

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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