$584,990 - 43 Lomond Lane, Kitchener
Condo for Sale in Kitchener
36 days on marketWant to see this home in person?
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- MLS Number
- X13734406
- Property Type
- Condo
- Status
- active
- Days on Site
- 36
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Kitchener
- Taxes (2026)
- $4,316
- Maintenance Fees
- $265/mo
- Locker
- None
- Exposure
- North East
- Balcony
- Enclosed
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 43 Lomond Lane, Kitchener, an exceptional opportunity to own a brand-new, never-lived-in townhome offering approximately 1,415 sq. ft. of thoughtfully designed living space. Featuring 3 spacious bedrooms and 2.5 bathrooms, this beautiful Emerald floor plan by Fusion Homes, offers bright, open-concept main level is designed for everyday living and entertaining, with large windows bringing in plenty of natural light. The contemporary kitchen is a standout, featuring quartz countertops, an upgraded backsplash, soft-close cabinet doors, and a convenient flush breakfast bar. A 6-piece stainless steel electric appliance package is also included. Upgraded flooring extends through the Great Room, upper hallway, and primary bedroom, while upgraded floor tile enhances the kitchen, mechanical room, powder room, laundry area, and main-floor hallway. Upstairs, the spacious primary bedroom offers a comfortable private retreat with its own ensuite. An additional pot light in the primary ensuite shower adds both function and style. Two additional generously sized bedrooms provide flexibility for family, guests, or a home office. This home includes an impressive $25,148 in builder upgrades, including quartz countertops throughout, upgraded kitchen backsplash, soft-close cabinet doors in the kitchen and bathrooms, upgraded flooring and tile, an additional pot light in the primary ensuite shower, a water softener with third line, and air conditioning. Additional highlights include a dedicated parking space and a modern, low-maintenance layout designed for comfortable everyday living. Priced at $584,990 after rebate, this brand-new home offers excellent value in a growing Kitchener community. Conveniently located close to schools, parks, shopping, public transit, major highways, and essential amenities, this is an excellent opportunity for homeowners and investors alike. Don't miss your chance to make this beautiful new townhome yours, schedule your private viewing today!
Estimate your monthly payments for this property
Estimated Payment
$3,001.30/mo
Includes CMHC insurance ($16,321)
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.
43 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 $418/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 36 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 $265/month fees should cover building insurance, common elements, and reserve contributions.
Starter Home Potential
3 bedrooms works well for couples planning families or small families with one child. Consider whether you might outgrow the space in 5-7 years. If so, factor in potential moving costs when making your decision. Alternatively, some buyers convert a bedroom to an office and make it work long-term.
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 $2,437 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.