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$490K · 2 bed Condo Townhouse · 53 Lomond Lane, Kitchener, Ontario N2R 0T6 | HomeSearchCanada

$489,900

53 Lomond Lane

45 DOM

2345d

Map

DOM 45

$489,900

DOM45days

53 Lomond Lane

Kitchener · Ontario N2R 0T6

MLS® X13412848 · N2R 0T6

23OwnerOccupied1000-1199 ft²Condo TownhouseNoneNo basement45d$446/ft²$3,663 tax/yrBuilt 20233 yrs oldNo basement

45 days on market

About this home

Welcome to Wallaceton, where modern living meets community charm. This stylish urban townhome offers over 1,060 sq. ft. of thoughtfully designed space. With open-concept flow and upgraded finishes, it's the perfect blend of comfort and contemporary design. On the main level, sunlight fills the spacious great room with upgraded laminate flooring-ideal for relaxing or entertaining. The sleek kitchen features stainless steel appliances and an oversized breakfast island with upgraded quartz countert…

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Property details

MLS#: X13412848
Status: Buy Now
Property class: Residential Condo & Other
Beds: 2
Baths: 3 full, 0 half
Rooms: 4
Kitchens: 1
Size: 1000-1199Exact finished sqft not on MLS feed (often MPAC-only on broker systems)
Basement: None
Style: Stacked Townhouse
Type: Condo Townhouse
Year built: 2023

Occupancy: Owner Occupied
Washrooms: 2 pc · Second; 3 pc · Third; 4 pc · Third
Family room: No
Central vacuum: No
Ensuite laundry: Ensuite laundry

Roof: Asphalt Shingle

Condo corp #: 788
Balcony: Enclosed
Locker: None
Fees include: Common Elements Included, Parking Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: None
Garage spaces: 0
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick, Vinyl Siding
Fronting on: —
Cross street: Tartan Street
Stories: 1
Utilities: —
Laundry: Laundry Closet, In-Suite Laundry
Interior: Water Heater, Water Softener
Parking features: —

Additional listing data

ListAOR: Toronto Regional Real Estate Board

Rooms

Room details

Seller signals

Price movement & seller pressure

No price-drop or motivated-seller signals detected from MLS data we track on this listing.

Property history

Sales History

NEW

Location details

Comparable sales

Neighbourhood SOLDs

Neighbourhood stats

Brokered by: RE/MAX REAL ESTATE CENTRE INC.

Source: TRREB/PROPTX · MLS® X13412848

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$490K

53 Lomond Lane · Bryon Bertrim

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Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $489,900✓ $3,663 tax✓ Gas✓ 1000-1199 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$4,233/mo

incl. closing costs (yr 1)

Annual total

$50,797

year 1

Mortgage only

$1,859/mo

principal + interest

Beyond mortgage

$1,394/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$97,980

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$305/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~1,100 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,899/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$21/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$6,273

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)44% $22,302/yr

Property taxes20% $9,936/yr

Utilities8% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance10% $4,899/yr

Condo fees6% $3,000/yr

Closing costs10% $5,100/yr

Mortgage is 44% of your true cost of ownership. The other 56% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$22,302	$1,859/mo
Government & taxes
Property tax	$3,663	$305/mo
Land transfer tax(closing)	$6,273	$523/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,899	$408/mo
Condo fees
Condo / HOA fees	$3,000	$250/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$50,797	$4,233/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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53 Lomond Lane

About this home

MyStreetValue™ Analysis

Property details

Additional listing data

Rooms

Price movement & seller pressure

Sales History

Neighbourhood SOLDs

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Annual costs