Property Type: Detached HouseOwnership: Freehold

698 KING Street W

Kitchener, BC N2G1E2

$589,900

4 bed2 bath4 parking2,786 sqftBuilt 1900
Get Directions

Property Details

Property & Lot

Sub-type
House
Style
Contemporary
Stories
2
Frontage
28 feet

R2B

Ownership & Fees

Property type
Detached House
Ownership
Freehold
Annual property tax
$3,405

Interior

Basement
Unfinished, Full
Heating
Baseboard heaters, Forced air, Natural gas, Other
Cooling / A/C
None
Fireplace
None

Exterior & Lot

Exterior features
Brick, Vinyl siding

Building

Foundation
Unknown
Water source
Municipal water
Sewer
Municipal sewage system

Parking

Total spaces
4 — uncovered indicated
Features
Open

Room Dimensions

RoomLevelDimensions
4pc BathroomMain level
Dining roomMain level10'9'' x 16'2''
Living roomMain level13'4'' x 16'9''
KitchenSecond level10'9'' x 9'6''
KitchenMain level11'5'' x 11'7''
Primary BedroomThird level13'0'' x 13'1''
Living roomSecond level10'9'' x 10'5''
4pc BathroomSecond level
BedroomThird level12'11'' x 11'7''
BedroomSecond level10'9'' x 9'7''
BedroomMain level12'4'' x 10'9''

Listing Information

MLS®
40858166
Listed
August 25, 2026
Time on market
On the market for 20 days
Data last synced
September 15, 2026

Listing provided by: RE/MAX TWIN CITY REALTY INC. · Data source: CREA DDF.

Description

A Strong Duplex Investment in the Heart of Kitchener. Step into 698 King Street West, a versatile duplex offering two fully self contained units in a prime central location. Ideal for investors or buyers looking to offset living costs, this property delivers exceptional function, reliability, and long-term income potential. Recent updates including a new roof installed in 2024 and a fully renovated upper bathroom in 2025, adding modern style and comfort. Each unit features bright, inviting living spaces with well designed layouts whether for tenants, multi-generational living, or owner-occupancy. The location further elevates the opportunity, set just minutes from downtown Kitchener and within walking distance of transit, restaurants, Victoria Park, and major amenities. Offering two complete rental suites, recent major upgrades, outstanding rental appeal, and the advantage of a highly walkable and in-demand neighbourhood. 698 King Street West presents a smart and rewarding investment in the heart of the city. Book your private showing today. (id:63159)

Values & Trends

This listing

$212/sqft

Building average

No other active listings in this building

212 - Downtown Kitchener/East Ward average

$432/sqft

33 active listing(s)

Parking: 4 stall(s) includedStorage locker: Not indicated

Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.

Location Insights

Weather

Nearest station: Guelph

13°C

Humidity 88%

Wind SE 2 km/h

Today

23°

Tonight

17°

Wednesday

26°

Wednesday night

12°

Thursday

25°

Thursday night

13°

Source: Environment and Climate Change Canada.

Nearby Schools

No schools found within a reasonable distance of this property.

Nearby Transit

No TransLink stops within an ~10-minute walk.

Mortgage & Ownership Cost Calculator

Minimum required: 5.8% ($33,990) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.

Financial Ledger

Net mortgage (loan + CMHC insurance)$471,920.00
Periodic payment — Principal & Interest (monthly)$3,044.67
Additional monthly expenses (strata, tax, utilities, etc.)$422.75
Total monthly cost$3,467.42
Interest paid over 5-yr term$135,253.63
Balance at end of term$424,493.57

Rates based on Bank of Canada benchmark data.

Financial Summary

Minimum down payment$33,990
Stress test qualifying rate8.09%
Payment you must qualify for$4,274.75

Cash Needed at Closing

Minimum down payment$33,990
Estimated BC PTT$9,798
Legal / closing costs (typical estimate)$1,500
Total cash needed$45,288

Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.

Request more information