$349,000 - 242 Rachel Crescent Unit H, Kitchener
Condo for Sale in Kitchener
New — Listed 4 days agoWant to see this home in person?
Book a private showing with Joe — pick a day and time that works for you.
- MLS Number
- X13858694
- Property Type
- Condo
- Status
- active
- Days on Site
- 4
- Bedrooms
- 2
- Bathrooms
- 1
- Square Feet
- 900 sqft
- Neighbourhood
- Kitchener
- Taxes (2025)
- $2,836
- Maintenance Fees
- $215/mo
- Locker
- None
- Exposure
- North
- Balcony
- None
- Listing Brokerage
- RE/MAX A-B Realty Ltd
Welcome to 242 Rachel Crescent in Kitchener, a bright and stylish 2-bedroom, 1-bathroom condo offering a wonderful opportunity for first-time buyers, empty nesters, or anyone looking for comfortable, low-maintenance living.This thoughtfully designed open-concept layout features a spacious living and dining area that flows seamlessly into the modern kitchen, complete with granite countertops, stainless steel appliances, and a convenient island-perfect for meal preparation and casual dining. Dark laminate flooring runs throughout the main living areas, creating a modern and cohesive feel.The spacious primary bedroom provides a comfortable retreat, while the second bedroom offers excellent flexibility as a guest room, home office, or additional living space. The well-appointed four-piece bathroom features a relaxing soaker tub. Enjoy one premium corner parking space, low condo fees, and the added convenience of an owned water heater and water softener with no rental contracts.The location offers an active and convenient lifestyle, with parks, forests, walking and cycling trails nearby. Shopping, restaurants, public transit, schools, and everyday amenities are all just minutes away. Move-in ready, this condo is ready to welcome you home. Contact your Realtor today to book a private showing!
Estimate your monthly payments for this property
Estimated Payment
$1,790.55/mo
Includes CMHC insurance ($9,737)
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.
242 Rachel Crescent Unit H, Kitchener
Open in Google MapsUse the map controls to zoom, pan, and switch between map and satellite views. Drag to explore the neighbourhood.
Rental income estimator & ROI calculator
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 $388/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. The $215/month fees should cover building insurance, common elements, and reserve contributions.
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.