$469,900 - 85 Lomond Lane, Kitchener
Condo for Sale in Kitchener
108 days on market- MLS Number
- X12682800
- Property Type
- Condo
- Status
- active
- Days on Site
- 108
- Bedrooms
- 2
- Bathrooms
- 2
- Square Feet
- 900 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- West
- Balcony
- Open
- Listing Brokerage
- HIGHPOINT HOMES REALTY
Step into 85 Lomond Lane, a brand-new bungalow-style townhome offering 975 sq. ft. of thoughtfully planned living space in the heart of Kitchener's Wallaceton community. Built by Fusion Homes, this home blends modern design with smart functionality, showcasing high-quality construction and attention to detail in every corner. Enjoy the ease of single-level living with private entrances at the front and back, an open-concept main floor, and no stairs to navigate-perfect for first-time buyers, downsizers, or anyone seeking a low-maintenance, move-in ready home. Choose your own finishes at the design centre to make the space truly yours. The primary bedroom offers a spacious closet and a sleek ensuite, while the second bedroom provides a flexible space for guests, a home office, or a hobby room. A walkout patio creates an inviting outdoor retreat for morning coffee or evening relaxation. Located steps from parks, trails, schools, shopping, and major highways, this home combines convenience with a vibrant neighbourhood lifestyle. 85 Lomond Lane is an exceptional opportunity to own a brand-new home in Kitchener. Backed by Fusion Homes' home warranty that averages twice the industry standard, homeowners can be confident that their home is protected by exceptional coverage, quality craftsmanship, and long-term peace of mind. Features & Finishes subject to change based on selected floorplan. Photography for visual representation only. Brand new pre-construction home with anticipated September closing. Never lived in, offering buyers the rare opportunity to own a pristine, untouched property. Ideal for those seeking modern finishes, new-home warranties, and a fresh start-setting this home apart from surrounding resale units
Estimate your monthly payments for this property
Estimated Payment
$2,410.83/mo
Includes CMHC insurance ($13,110)
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.
85 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 $522/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 108 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.