$554,990 - 20 Lomond Lane, Kitchener
Condo for Sale in Kitchener
- MLS Number
- X13188646
- Property Type
- Condo
- Status
- active
- Days on Site
- 17
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 1,400 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- North
- Balcony
- Open
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 20 Lomond Lane: The Beautiful "Emerald" Model by Fusion Homes! Step into modern elegance and exceptional value with this stunning 1,415 sq. ft. "Emerald" model by the renowned Fusion Homes. Thoughtfully designed with 3 spacious bedrooms, 2.5 bathrooms and over $39,163 in premium upgrades, this Never Lived in Before unit is Priced at $603,139, with the opportunity to secure for an effective price of $554,990 after applicable rebate incentives. From the moment you arrive, the charming brick and vinyl exterior creates warm and inviting curb appeal. Inside, you'll immediately appreciate the bright open-concept layout and the seamless flow designed for both everyday living and entertaining. The carpet-free main floor adds a sleek modern touch. The upgraded kitchen is truly the centerpiece of the home, featuring elegant quartz countertops throughout, stylish backsplash, upgraded undermount sink with upgraded faucet, flush breakfast bar, under-cabinet lighting, and soft-close cabinetry in both the kitchen and bathrooms. Additional thoughtful details such as the tilt-front drawer in the kitchen enhance both convenience and functionality. The spacious living and dining areas provide the perfect setting for relaxing or entertaining, filled with natural light. Upstairs, you'll find three generously sized bedrooms, including a stunning primary retreat complete with a spa-inspired ensuite featuring a sleek frameless glass shower door. The additional bathrooms have also been enhanced with extra pot lights for a brighter and more luxurious feel. This move-in-ready home comes complete with a 6-piece stainless steel electric appliance package, air conditioner and water softener. Additional features include 1 Parking Stall. Whether you're purchasing your first family home or adding to your investment portfolio, this property is sure to exceed expectations. Don't miss your chance to own this beautifully upgraded Fusion Homes masterpiece!
Estimate your monthly payments for this property
Estimated Payment
$2,847.39/mo
Includes CMHC insurance ($15,484)
5-yr fixed avg.
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.
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
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.
20 Lomond Lane, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $396/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.
Market Position
At 17 days on site, this property has had reasonable exposure. It hasn't sold immediately (which often indicates overpricing), but isn't languishing either. There's likely room for a 3-5% negotiation from asking price.
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.
Investment Perspective
Looking at this as an investment: Kitchener properties have averaged 5-7% annual appreciation over the past decade. Your estimated monthly carrying costs would be around $2,312 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.
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.