Mid-Rise Condo

ONE28 Condos

by CTN Developments

128 King St N, Waterloo, ON N2J 0E9

Year Built

2022

Total Units

120

Storeys

Overview

ONE28 Condos is a Waterloo condo located at 128 King St N in the Downtown Waterloo neighbourhood. The condo was completed in 2022 and features 120 units over 15 storeys. Waterloo condo for sale here range from 504 square feet, up to 1000 square feet.

Maintenance fees are $0.53 per-square-foot, which is lower than the neighbourhood average of $0.58 per-square-foot.

Developer

CTN Developments

Year Built

2022

Property Type

Mid-Rise Condo

Storeys

Total Units

120

Management

C.I.E Property Management And Consulting Inc.

Amenities

Games Room

Fitness Centre

Sauna

Rooftop Garden

Party Room

24/7 Concierge

Price History

124 records

Loading history…

Market Stats

Prices in ONE28 Condos are down 15.8% compared to last year.

—

Avg $/sqft

-15.8%

YoY change

Avg days on market

Location & Walkability

Walk Score

—/100

Daily errands on foot

Transit Score

—/100

TTC, GO, subway access

Bike Score

—/100

Bike lanes & infrastructure

Neighbourhood in Waterloo

Downtown Waterloo

vibrant community-oriented active urban

Downtown Waterloo is a vibrant neighbourhood with a mix of residential and commercial spaces. It offers a lively atmosphere with many amenities and services.

Close to schools and parks Diverse dining options available High percentage of renters Good public transit access Community events throughout the year

Day to dayLivability

6.2

Schools near listings

out of 10 · averaged over 346 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$443,950

23% below Waterloo 38% below Ontario

In Downtown Waterloo

$443,950

In Waterloo

$579,900

In Ontario

$717,000

Median monthly rent

$1,925/mo

12% below Waterloo 23% below Ontario

In Downtown Waterloo

$1,925

In Waterloo

$2,200

In Ontario

$2,500

≈ 19.2 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $443,950

Condos 55 · Houses 1

For rent

Median $1,925

Recently sold

Recently leased

Market data as of 2026-10-10. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable housing compared to city median
Strong community feel with many amenities
Good schools and educational facilities
Walkable area with local shops and cafes

Keep in mind

Higher renter percentage may lead to competition
Some areas may feel crowded

The feel of the placeLifestyle

Daily life in Downtown Waterloo is active and social, with plenty of opportunities for dining and recreation. Residents enjoy a mix of urban living and community engagement.

Great for young professionals students first-time buyers

Within the boundaryWhat's nearby

The boundary

12.4 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Transit stations

Grocery stores

115

Restaurants

Cafés

Gyms

Libraries

Pharmacies

Counted across all 12.4 km² of Downtown Waterloo. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

6.4/10

Average rating of the 9 rated schools in this area

Elementary

Secondary

St Agnes Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
8.1/107.3 over 5 yrs
299th of 3,045 Ontario elementary schools
595 students · EQAO 2024-2025
St David Catholic Secondary School
Catholic · Grades 9–12 · Waterloo CDSB
8.0/107.5 over 5 yrs
86th of 742 Ontario secondary schools
1,080 students · EQAO 2024-2025
ÉÉC Mère-Élisabeth-Bruyère
Independent · French · Grades JK–6 · CSC MonAvenir
6.6/107.0 over 5 yrs
1,165th of 3,045 Ontario elementary schools
220 students · EQAO 2024-2025
Our Lady of Lourdes Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
6.5/107.1 over 5 yrs
1,231st of 3,045 Ontario elementary schools
385 students · EQAO 2024-2025
Waterloo Collegiate Institute
Public · Grades 9–12 · Waterloo Region DSB
6.2/106.6 over 5 yrs
349th of 742 Ontario secondary schools
1,480 students · EQAO 2024-2025
École élémentaire L'Harmonie
Public · French · Grades JK–8 · Conseil scolaire Viamonde
6.2/106.6 over 5 yrs
1,444th of 3,045 Ontario elementary schools
290 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Downtown Waterloo, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

36,947

Population (2021)

11.7 km²

Area

3,154

People per km²

Median age

$68,527

Median income

33%

Own their home

2.1

People per household

16,935

Households

Every age

Children (under 15)8.8%
Working age (15–64)74.9%
Seniors (65+)16.4%

What is built here

Detached houses21.4%
Semi-detached1.7%
Townhouses5.1%
Duplexes3%
Low-rise apartments16.8%
High-rise apartments52.1%

Own or rent

33%Owners

67%Renters

Across 16,935 households

When it was built

Mostly 1961–1980

1960 or earlier17%
1961–198023%
1981–199012%
1991–20008%
2001–20055%
2006–20105%
2011–201511%
2016–202120%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

23.2%
Born outside Canada: 43.1%
Hold a degree or higher: 52.3%
Employment rate: 12.6%
Commute by transit: 71.7%
Commute by car: 1.6
Children per family: $61,031
Median income after tax: $83,289
Average household income: 20.8%
Living on a low income: $1,389/mo
Renters pay, per month: $1,291/mo
Owners pay, per month: $544,928
Median home value at census: 41.9%
Renters spending 30%+ of income on housing: 26.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 41 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry