$489,900 - 53 Lomond Lane, Kitchener
Condo for Sale in Kitchener
New — Listed 5 days ago- MLS Number
- X13412848
- Property Type
- Condo
- Status
- active
- Days on Site
- 5
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- South
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to Wallaceton, where modern living meets community charm. This stylish urban townhome offers over 1,060 sq. ft. of thoughtfully designed space. With open-concept flow and upgraded finishes, it's the perfect blend of comfort and contemporary design. On the main level, sunlight fills the spacious great room with upgraded laminate flooring-ideal for relaxing or entertaining. The sleek kitchen features stainless steel appliances and an oversized breakfast island with upgraded quartz countertops that brings people together. A convenient 2-piece bath and in-suite laundry complete this level. Step outside to a large balcony and enjoy fresh air at any time of day. Upstairs, retreat to the primary bedroom with its own 3-piece ensuite and a private balcony, the perfect spot for morning coffee or evening wine. A second bedroom and a 4piece bath provide flexibility for family, guests, or a home office. Set in the heart of Wallaceton, you'll love being steps from RBJ Schlegel Park one of Kitchener's premier recreation destinations with sports fields, walking trails, and year-round activities. The neighbourhood blends tree lined streets, playgrounds, and community greenspace with the everyday convenience of nearby shops, restaurants, and top-rated schools. With two balconies, a modern design, and a location that offers both lifestyle and convenience, this home is move-in ready for its next chapter. Bedroom images virtually staged. Don't miss this opportunity to own in one of Kitchener's most sought-after communities-book your showing today
Estimate your monthly payments for this property
Estimated Payment
$2,513.44/mo
Includes CMHC insurance ($13,668)
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.
53 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 $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.
Just Listed - Act Strategically
This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.
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.