142 DAYLILY Lane, Kitchener

Price: $489,900

2 bedrooms, 3 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13032350

MODERN TOWNHOME FEATURING 2 ENSUITES! Welcome to 142 Daylily Lane, Kitchener - a beautifully maintained townhouse offering modern comfort, functional living space, and an unbeatable location. This bright and spacious unit features 2 bedrooms, each with its own private ensuite bathroom, plus a convenient 2-piece powder room on the main floor. The main level boasts an open-concept layout designed for everyday living and entertaining, featuring a welcoming dining area, spacious living room, and a stylish kitchen complete with stainless steel appliances, a breakfast bar, and walkout access to the private balcony from the dining area-perfect for enjoying your morning coffee or evening relaxation. Upstairs, you'll find two generously sized bedrooms, including one with a 5-piece ensuite and the second with its own 3-piece ensuite, offering privacy and convenience for family members or guests. The second-floor laundry adds even more practicality to this well-designed home. Ideally located close to schools, restaurants, shopping, parks, walking trails, open green spaces, and public transit, this home offers the perfect blend of comfort and convenience. A fantastic opportunity for first-time buyers, investors, or anyone looking for low-maintenance living in a desirable Kitchener neighbourhood.

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$489,900 - 142 DAYLILY Lane, Kitchener

Condo for Sale in Kitchener

52 days on market
2Beds
3Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13032350
Property Type
Condo
Status
active
Days on Site
52
Bedrooms
2
Bathrooms
3
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
West
Balcony
Open
Listing Brokerage
RE/MAX TWIN CITY REALTY INC.
Description

MODERN TOWNHOME FEATURING 2 ENSUITES! Welcome to 142 Daylily Lane, Kitchener - a beautifully maintained townhouse offering modern comfort, functional living space, and an unbeatable location. This bright and spacious unit features 2 bedrooms, each with its own private ensuite bathroom, plus a convenient 2-piece powder room on the main floor. The main level boasts an open-concept layout designed for everyday living and entertaining, featuring a welcoming dining area, spacious living room, and a stylish kitchen complete with stainless steel appliances, a breakfast bar, and walkout access to the private balcony from the dining area-perfect for enjoying your morning coffee or evening relaxation. Upstairs, you'll find two generously sized bedrooms, including one with a 5-piece ensuite and the second with its own 3-piece ensuite, offering privacy and convenience for family members or guests. The second-floor laundry adds even more practicality to this well-designed home. Ideally located close to schools, restaurants, shopping, parks, walking trails, open green spaces, and public transit, this home offers the perfect blend of comfort and convenience. A fantastic opportunity for first-time buyers, investors, or anyone looking for low-maintenance living in a desirable Kitchener neighbourhood.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,513.44/mo

Includes CMHC insurance ($13,668)

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5-yr fixed avg.

Principal: $440,910Interest: $299,454
Mortgage Amount$454,578
Total Interest$299,454
Est. Property Tax$347/mo
Total Cost$754,032

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

142 DAYLILY Lane, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$347
Insurance (est.)-$102
Net Cash Flow+$1,261

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $490/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 52 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Bathroom Count Matters

With 3 bathrooms, morning routines are much smoother. Multiple bathrooms significantly improve daily livability and are a major selling point for resale. Buyers consistently pay more for adequate bathroom counts - this is a strong feature.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    MLS# X13032350 — 142 DAYLILY Lane, Kitchener | Battaglia Team