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Why did you first become interested in buying an income property? Do you want ongoing cash flow or are you planning to use it for your retirement fund? Think in terms of how much income you’re looking to generate and the time frame you want to work with. 

Step 2 – What is your strategy?

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Step 4 – Talk to an investment real estate expert

Your Realtor should be able to help you narrow down some options for potential properties. The information you gathered in the previous steps will help them find an income property for you based on your investment strategy. 

Step 5 – Compare your options!

Look at the numbers on each investment property to compare and make the best choice for you. Take into consideration your mortgage and tax payments, utilities, vacancy allowance, estimated budget for repairs, upgrades and property management. 

Step 6 – Buy your income property

It’s time to invest! You’ve crossed your t’s, dotted your i’s and found the right income property for you. Buying your first income property doesn’t have to be a complicated venture. An experienced Realtor like me will make the process easier by offering insight and guidance. 

Step 1 – Pick a goal

Why did you first become interested in buying an income property? Do you want ongoing cash flow or are you planning to use it for your retirement fund? Think in terms of how much income you’re looking to generate and the time frame you want to work with.

Step 2 – What is your strategy?

What investment strategy are you planning to follow? You could do house flipping, rent-to-own, buy and hold, a mix of flip and hold, or a joint venture with an investor. Your choice of strategy will depend on a bunch of different factors including available funding and risk tolerance. 

Step 3 – What can you afford?

If you are buying a second property you will need to find a lender and a minimum of 20% for the down payment. Make sure you are approved for financing before potentially jeopardizing an offer. 

Step 4- Talk to an investment real estate expert

Your Realtor should be able to help you narrow down some options for potential properties. The information you gathered in the previous steps will help them find an income property for you based on your investment strategy.

Step 5 – Compare your options!

Look at the numbers on each investment property to compare and make the best choice for you. Take into consideration your mortgage and tax payments, utilities, vacancy allowance, estimated budget for repairs, upgrades and property management.

Step 6 – Buy your income property

It’s time to invest! You’ve crossed your t’s, dotted your i’s and found the right income property for you. Buying your first income property doesn’t have to be a complicated venture. An experienced Realtor like me will make the process easier by offering insight and guidance. 

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808 1414 King Street E

212 - Downtown Kitchener/East Ward Kitchener N2G 4T8

$304,900

Residential beds: 1 baths: 1.0 800 sq. ft. built: 1988

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• Details
• Photos
• Videos
• Map

Status:

Active

Prop. Type:

Residential

MLS® Num:

40848571

Bedrooms:

1

Bathrooms:

1

Year Built:

1988

• Photos (47)

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Welcome to Eastwood Community Condo. This lovely unit is located on the eighth floor and offers 800 square feet of living space. Updated and stylish, this beautiful one-bedroom condo features in-suite laundry, lovely 4-piece bathroom with step in tub and upgraded vanity, gorgeous, updated kitchen with appliances including fridge, stove, dishwasher and microwave range hood, full sized kitchen pantry, granite counter tops, tiled floor and backsplash, under counter lighting and updated cabinets. The spacious living room features a cozy carpet under foot with plenty of windows letting in the natural sunlight and offering a view of the city below as well as a large dining room with laminate flooring and lots of room for an oversized table and buffet. The unit also has in-suite laundry that features a new one-piece whirlpool washer/dryer unit. Warm and comfortable bedroom with lots of closet space complete this fabulous unit. There’s also a storage locker on the 8th floor for your convenience. No need to park outside in the snow, this unit comes with its own underground parking spot just steps from the entryway. Enjoy amazing social opportunities with all the amenities featuring bowling, shuffleboard, fitness, billiards, library, games room, quilting room, workshop and gathering rooms. Rockway Community Centre, Rockway Gardens and Rockway Golf Course are also at your doorstep. Just a few minutes away from shopping at Fairview Mall and quick access to the expressway. Building controled entry and outdoor common spaces. Come see this wonderful unit today!

General Info:

Property Type:

Residential

Property SubType:

Condo/Apt Unit

Year built:

1988 (Age: 38)

Listing General Location:

212 - Downtown Kitchener/East Ward, 2 - Kitchener East

Bedrooms:

1

Bathrooms:

1.0 (Full:1/Half:0)

Lot Details:

129.98 x

Lot Frontage:

129'11¾"39.6 m

Frontage Type:

West

Kitchens:

1

Home Style:

Apartment

County Or Parish:

Waterloo

Taxes:

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Additional Info:

Property Attached:

Attached

Features:

Attached Garage: Yes, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No

Building Name:

Eastwood Community Condo

Construction:

Brick

Basement:

None

Foundation:

Concrete Perimeter

Roof:

Flat

Entry Level:

1

Number of Buildings:

0

Other Structures:

Shed(s)

Total Floor Area:

800 sq. ft.74.3 m2

# Main Level Bedrooms:

1

# Main Level Bathrooms:

1

Finished Area Above Grade:

800 sq. ft.74.3 m2

Fireplace:

false

Laundry Features:

In-Suite

Water Supply:

Municipal

Water Treatment:

Water Softener

Sewer:

Sewer (Municipal)

Cooling:

Central Air

Heating:

Electric

Features Included:

Dishwasher,Dryer,Microwave,Refrigerator,Stove,Washer

Appliances Included:

Dishwasher, Dryer, Microwave, Refrigerator, Stove, Washer

Interior Features:

Elevator

Exterior Features:

Controlled Entry, Landscaped, Lighting, Private Entrance

Association Amenities:

Elevator(s), Fitness Center, Game Room, Library, Party Room, Parking, Workshop Area, Other

Waterfront:

false

Docking:

No

Senior Community:

No

Pets Allowed:

Restricted

Room Information:

Floor

Type

Size

Other

Main Floor

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Main Floor

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Main Floor

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Main Floor

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Bathrooms:

Floor

Ensuite

Pieces

Other

Main Floor

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Financial Info:

HST Applicable To Sale Price:

Included

Association Fee:

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Association Fee Frequency:

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Association Fee 2:

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Association Fee 2 Frequency:

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Association Fee Includes:

Insurance,Building Maintenance,Central Air Conditioning,Common Elements,Maintenance Grounds,Heat,Hydro,Parking,Trash,Property Management Fees,Roof,Snow Removal,Utilities,Water,Windows

Administrative Fee:

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Features:

Attached Garage: Yes, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No

Road Access Fee:

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Condo Corporation Number:

WNCC 113

Condo Corporation:

Yes

Legal Info:

Zoning:

C5

Land Info:

Fencing:

Full

Exposure / Faces:

West

Lot Site Features:

Urban, Ample Parking, Near Golf Course, Highway Access, Landscaped, Open Spaces, Park, Place of Worship, Playground Nearby, Public Transit, Regional Mall, Shopping Nearby

Features:

Attached Garage: Yes, Crops Included: No, Garage: Yes, Common Elements Fee: No, New Construction: No

Garage Description:

27

Garage Spaces:

1.0

Parking Places Covered:

1.0

Parking:

Attached Garage, Concrete, Exclusive, Inside Entry

# Of Total Parking Spaces:

1.0

# Of Open Parking Spaces:

1.0

Driveway Parking:

Private Drive Double Wide

Residential Revenue Info:

Total Units:

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Listing Info:

Listed Date:

Jul 16, 2026

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  One piece washer/dryer unit
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  Bowling Lanes
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  Shuffle Board
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Listed by RE/MAX SOLID GOLD REALTY (II) LTD.

Data was last updated September 5, 2026 at 05:50 AM (UTC)

Area Statistics

Listings on market:

57

Avg list price:

$439,000

Min list price:

$265,000

Max list price:

$2,490,000

Avg days on market:

50

Min days on market:

2

Max days on market:

534

Avg price per sq.ft.:

$444.52

These statistics are generated based on the current listing's property type and located in 212 - Downtown Kitchener/East Ward. Average values are derived using median calculations. This data is not produced by the MLS® system.

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• BIANCA MARIJAN
• CITY BROKERAGE
• 1 (905) 9201926
• Contact by Email

The data relating to real estate on this web site comes in part from the Internet Data Exchange (IDX) program of the London and St. Thomas Association of REALTORS®. The information herein is believed to be accurate and timely, but no warranty as such is expressed or implied.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. Used under license.

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