$509,900 - 102 Wheat Lane, Kitchener
Condo for Sale in Kitchener
42 days on marketWant to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13716306
- Property Type
- Condo
- Status
- active
- Days on Site
- 42
- Bedrooms
- 2
- Bathrooms
- 3
- Square Feet
- 1,000 sqft
- Neighbourhood
- Kitchener
- Taxes (2025)
- $3,543
- Maintenance Fees
- $377/mo
- Locker
- None
- Exposure
- North
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX REAL ESTATE CENTRE INC.
Welcome to 102 Wheat Lane, Kitchener and Discover the perfect blend of comfort and convenience with this exquisite 2-bedroom, 2.5-bath Stack townhome give you 1153 sq ft space. As you step inside, you'll be greeted by a spacious great room that seamlessly flows into the open-concept kitchen, creating an inviting space for both relaxation and entertaining an enjoy park view while sitting in Balcony. The upper level features a generously sized master bedroom with a luxurious 3-piece ensuite, providing a private retreat and enjoy great evening with loved ones. The second bedroom includes its own separate bathroom for added convenience. Ideally located within walking distance to a variety of shopping options, schools, and on a bus route for effortless commuting, this home ensures you're never far from the essentials. Additionally, the proximity to beautiful green spaces and scenic trails enhances your outdoor lifestyle. With its high-quality amenities, close to school, parks, and an unbeatable location, this Stacked townhome offers the ideal setting for comfortable and convenient living.
Estimate your monthly payments for this property
Estimated Payment
$2,616.05/mo
Includes CMHC insurance ($14,226)
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.
102 Wheat 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 $510/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 42 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. The $377/month fees should cover building insurance, common elements, and reserve contributions.
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.
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 $2,125 (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.