$554,990 - 80 Lomond Lane, Kitchener
Condo for Sale in Kitchener
New — Listed 7 days ago- MLS Number
- X13506558
- Property Type
- Condo
- Status
- active
- Days on Site
- 7
- Bedrooms
- 3
- Bathrooms
- 3
- Square Feet
- 1,400 sqft
- Neighbourhood
- Kitchener
- Locker
- None
- Exposure
- North East
- Balcony
- Open
- Listing Brokerage
- RE/MAX TWIN CITY REALTY INC.
Welcome to 80 Lomond Lane, Kitchener: an exceptional opportunity to own a brand-new, never-lived-in townhome built by the renowned Fusion Homes, a builder celebrated for superior craftsmanship, innovative design and outstanding quality construction. This stunning Emerald floor plan offers approximately 1,415 sq. ft. of thoughtfully designed living space, featuring 3 spacious bedrooms and 2.5 beautifully appointed bathrooms. From the moment you step inside, you'll appreciate the modern open-concept layout. The carpet-free main floor creates an inviting atmosphere, while large windows allow natural light to flow throughout the home. The contemporary kitchen features elegant quartz countertops, designer backsplash, soft-close cabinetry, a convenient flush breakfast bar with under-cabinet lighting, upgraded brushed chrome hardware and a complete 6pc stainless steel appliance package. Upstairs, the spacious primary bedroom serves as your private retreat, complete with a luxurious ensuite showcasing a 30-inch frameless glass shower and premium finishes. 2 additional generously sized bedrooms provide flexibility for children, guests or a home office. This home comes loaded with over $36,000 in premium builder upgrades, including: Quartz countertops throughout the home, additional pot lights, Privacy locks on all bedrooms, Water softener with third water line, AC. Additional features include: 1 dedicated parking, Efficient Air Handling heating system. Priced at $554,990 (Price before rebate: $603,139, unless First-Time Home Buyer),this home presents incredible value in one of Kitchener's growing communities. Plus, with Fusion Homes' warranty that averages twice the industry standard, you can enjoy added peace of mind. Conveniently located close to schools, parks, shopping, major highways, public transit and all essential amenities, 80 Lomond Lane offers everyday convenience and long-term investment potential. Don't miss this opportunity, Schedule your private viewing today!
Estimate your monthly payments for this property
Estimated Payment
$2,847.39/mo
Includes CMHC insurance ($15,484)
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.
80 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 $396/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. We'll want to verify the monthly fees and what they include.
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 $2,312 (mortgage, taxes, insurance). Consider whether you're comfortable with this as both a home and a financial commitment.