Maintenance Fees
Midtown Lofts vs The KW Hospital Area
for rent
25 Days on Strata
- Est Lease Timeframe:
- 17 Days
506 - 690 King St W
$1,400/mth
Get price change & sold alerts
Studio
1 Bath
0 Parking
500 - 599 SQFT
Price History
- Property Type:
- Condo Apartment
- Possession Date:
- May 1
- Lease Term:
- 1 Year
- Utilities Included:
- Yes
- Furnished:
- No
- Outdoor Space:
- None
- Ensuite Laundry:
- Yes
- Locker:
- None
- Exposure:
- West
Amenities
Gym
Party Room
Rooftop Deck
Visitor Parking
About this Listing
Welcome to Midtown Lofts, a modern new condo with a gym, terrace/party room, and floor to ceiling windows. This west-facing unit gets tons of natural light, and has in-suite laundry, stainless steel appliances, and granite countertops. A TV is mounted on the wall for you - no need to buy your own. The building is steps from buses, Ion, Google, GRH, and the Kitchener Go Station. It also has a video intercom system for 24/7 security. Professional, attentive landlords who ensure that your unit is in excellent condition - it will be deep cleaned and freshened prior to you moving in. Landlord can provide prior tenant references, should you be interested. Rent is $1,400, all-inclusive.690 King St W, Kitchener.Move-in date is May 1. Landlord ask interested parties to share the following to ensuring proper fit:- Who will be staying in the unit- Salary and proof of employment for all parties- Credit scores of all parties. Note: There is no parking included in this unit. The current tenant rents their parking spot for $160/month, and can transfer this spot to the future tenant. *For Additional Property Details Click The Brochure Icon Below*
ExtrasAll-inclusive ,TV
ici source real asset services inc.MLS® #X12885560
Utilities & Inclusions
- Hydro
- Included
- Heat
- Included
- Air Conditioning
- Included
- Water
- Included
- Parking
- Not Included
- Building Maintenance
- Included
- Building Insurance
- Not Included
- Heating Type
- Forced Air
- Heat Source
- Gas
- Air Conditioning Type
- Central Air
Rooms
- Common Rm
- 32.81 x 16.41ft
Renter's Market
Balanced
Landlord's Market
Building Spotlight
Similar Listings
Explore KW Hospital
Building Trends At Midtown Lofts
Days on Strata
Units at Midtown Lofts spend an average of
32
Days on Strata
based on recent sales
List vs Selling Price
On average, these condos sell for
5%
below
the list price.
Offer Competition
Condos in this building have a
LOWchance of receiving
Multiple Offers
compared to other buildings in KW Hospital
Turnover of Units
On average, each unit is owned for
6.4
YEARS before being sold againProperty Value
-13%
Decrease in property value within the past twelve months
Price Ranking
2nd
Highest price per SQFT out of 4 condos in the KW Hospital area
Sold Units
4
Units were Sold over the past twelve months
Rented Units
7
Units were Rented over the past twelve months
Best Value Rank
Midtown Lofts offers the best value out of 4 condos in the KW Hospital neighbourhood
?
N/A
Appreciation Rank
Midtown Lofts has the highest ROI out of 4 condos in the KW Hospital neighbourhood
?
N/A
Rental Yield
Midtown Lofts yields the highest rent prices out of 4 condos in the KW Hospital neighbourhood
?
N/A
High Demand
Midtown Lofts is the most popular building out of 4 condos in the KW Hospital neighbourhood
?
N/A
Market Insights
Transaction Insights at Midtown Lofts
| Studio | 1 Bed | 1 Bed + Den | 2 Bed | |
|---|---|---|---|---|
| Price Range | No Data | $325,000 - $347,500 | $318,000 - $367,500 | No Data |
| Avg. Cost Per Sqft | No Data | $502 | $468 | No Data |
| Price Range | $1,750 | $1,700 - $2,000 | $1,900 - $2,050 | No Data |
| Avg. Wait for Unit Availability | 1149 Days | 153 Days | 132 Days | 436 Days |
| Avg. Wait for Unit Availability | No Data | 279 Days | 92 Days | 1172 Days |
| Ratio of Units in Building | 8% | 39% | 45% | 9% |
Market Inventory
Total number of units listed and leased in KW Hospital
