182 Oat Lane Unit 6, Kitchener

Price: $479,000

2 bedrooms, 2 bathrooms

900 sqft

Property Type: Condo

MLS#: X12657030

This modern, single-level townhome offers true stair-free living-ideal for comfort, convenience, and accessibility. Featuring 2 bedrooms and 2 bathrooms within 930 square feet, the thoughtfully designed open-concept layout is enhanced by 9-foot ceilings, a bright living area with a large window, and a well-appointed eat-in kitchen with stainless steel appliances, centre island, and pantry. The primary bedroom offers a walk-in closet, 4-piece ensuite, and direct walk-out to a private backyard with its own entrance. The second bedroom is generously sized with excellent natural light, complemented by in-unit laundry. One parking space is included, located directly outside the front door. Ideally situated near top-rated schools, RBJ Schlegel Park, scenic trails, shopping, and quick access to Highway 401. Move-in ready, with maintenance fees covering snow removal, landscaping, and common area upkeep forlow-maintenance, stress-free living.

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$479,000 - 182 Oat Lane Unit 6, Kitchener

Condo for Sale in Kitchener

109 days on market
2Beds
2Baths
900Sq Ft
Condo
Property Details
MLS Number
X12657030
Property Type
Condo
Status
active
Days on Site
109
Bedrooms
2
Bathrooms
2
Square Feet
900 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North West
Balcony
None
Listing Brokerage
ROYAL LEPAGE MEADOWTOWNE REALTY
Description

This modern, single-level townhome offers true stair-free living-ideal for comfort, convenience, and accessibility. Featuring 2 bedrooms and 2 bathrooms within 930 square feet, the thoughtfully designed open-concept layout is enhanced by 9-foot ceilings, a bright living area with a large window, and a well-appointed eat-in kitchen with stainless steel appliances, centre island, and pantry. The primary bedroom offers a walk-in closet, 4-piece ensuite, and direct walk-out to a private backyard with its own entrance. The second bedroom is generously sized with excellent natural light, complemented by in-unit laundry. One parking space is included, located directly outside the front door. Ideally situated near top-rated schools, RBJ Schlegel Park, scenic trails, shopping, and quick access to Highway 401. Move-in ready, with maintenance fees covering snow removal, landscaping, and common area upkeep forlow-maintenance, stress-free living.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,457.52/mo

Includes CMHC insurance ($13,364)

$
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5-yr fixed avg.

Principal: $431,100Interest: $292,791
Mortgage Amount$444,464
Total Interest$292,791
Est. Property Tax$339/mo
Total Cost$737,255

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

182 Oat Lane Unit 6, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,280/mo
Range: $1,938 - $2,622
Cap Rate (ROI)
3.1%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,280
Maintenance Fees-$585
Property Tax (est.)-$339
Insurance (est.)-$100
Net Cash Flow+$1,256

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 $532/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 109 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.

Efficient Living

At 900 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

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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    182 Oat Lane Unit 6, Kitchener | $479,000 | Battaglia Team