70 Willowrun Drive Unit E8, Kitchener

Price: $539,000

3 bedrooms, 2 bathrooms

1,600 sqft

Property Type: Condo

MLS#: X13745746

Welcome to Explorer's Walk in the sought-after Lackner Woods community of South Kitchener. This stylish 3-storey end-unit townhouse, built by Quality Fusion, features a spacious open-concept layout and a private rooftop terrace-perfect for entertaining or relaxing outdoors. The upgraded kitchen offers Kitchen Aid black stainless-steel appliances, granite countertops, and plenty of modern appeal. Enjoy convenient access to Highways 7/8 and the 401, the Region of Waterloo International Airport, Sports world Crossing, and shopping along Fairway Road. Nature and recreation are also close by, with Chicopee Ski Hill, the Grand River, and numerous scenic walking and cycling trails just minutes away.

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active

$539,000 - 70 Willowrun Drive Unit E8, Kitchener

Condo for Sale in Kitchener

33 days on market
3Beds
2Baths
1,600Sq Ft
Condo

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Property Details
MLS Number
X13745746
Property Type
Condo
Status
active
Days on Site
33
Bedrooms
3
Bathrooms
2
Square Feet
1,600 sqft
Neighbourhood
Kitchener
Taxes (2025)
$3,950
Maintenance Fees
$500/mo
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTY SPECIALISTS INC.
Description

Welcome to Explorer's Walk in the sought-after Lackner Woods community of South Kitchener. This stylish 3-storey end-unit townhouse, built by Quality Fusion, features a spacious open-concept layout and a private rooftop terrace-perfect for entertaining or relaxing outdoors. The upgraded kitchen offers Kitchen Aid black stainless-steel appliances, granite countertops, and plenty of modern appeal. Enjoy convenient access to Highways 7/8 and the 401, the Region of Waterloo International Airport, Sports world Crossing, and shopping along Fairway Road. Nature and recreation are also close by, with Chicopee Ski Hill, the Grand River, and numerous scenic walking and cycling trails just minutes away.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,765.35/mo

Includes CMHC insurance ($15,038)

$
$
5%10%50%

5-yr fixed avg.

Principal: $485,100Interest: $329,467
Mortgage Amount$500,138
Total Interest$329,467
Est. Property Tax$382/mo
Total Cost$829,605

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.

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Neighbourhood Guide: Kitchener

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

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

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.

70
Walk Score
Varies
Price Range

70 Willowrun Drive Unit E8, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$3,240/mo
Range: $2,754 - $3,726
Cap Rate (ROI)
5.0%
Good

Monthly Cash Flow Breakdown

Rental Income+$3,240
Maintenance Fees-$500
Property Tax (est.)-$382
Insurance (est.)-$112
Net Cash Flow+$2,246

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 Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $337/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 33 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 $500/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.

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 $2,246 (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.

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    70 Willowrun Drive Unit E8, Kitchener | $539,000 | Battaglia Team