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Property Type: TownhouseOwnership: Condominium
43 LOMOND Lane
Kitchener, ON N2R0R4
MLS® 40858813
$584,990
3 bed3.5 bath1 parking1,415 sqftBuilt 2024
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 1
RES-6 (250)
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $256/mo
- Annual property tax
- $4,316.41
Maintenance Fee Includes
Management
Also included: Landscaping, Insurance
Interior
- Basement
- None
- Heating
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Second level | — |
| Bedroom | Second level | 9'0'' x 8'9'' |
| Bedroom | Second level | 10'0'' x 9'8'' |
| 3pc Bathroom | Second level | — |
| Primary Bedroom | Second level | 10'5'' x 15'2'' |
| 2pc Bathroom | Main level | — |
| Kitchen | Main level | 8'6'' x 18'2'' |
Description
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! (id:63159)
Listing Information
- MLS®
- 40858813
- Data last synced
- October 8, 2026
RE/MAX Twin City Realty Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX Twin City Realty Inc.
MLS® Number: 40858813
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
$413/sqft
Building average
—
No other active listings in this building
334 - Huron Park average
$385/sqft
28 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.7% ($33,499) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$467,992.00
Periodic payment — Principal & Interest (monthly)$3,019.33
Additional monthly expenses (condo fees, tax, utilities, etc.)$686.70
Total monthly cost$3,706.03
Interest paid over 5-yr term$134,127.85
Balance at end of term$420,960.32
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$33,499
Stress test qualifying rate8.19%
Payment you must qualify for$4,276.12
Cash Needed at Closing
Minimum down payment$33,499
Estimated Land Transfer Tax (LTT)$8,175
Legal / closing costs (typical estimate)$1,500
Total cash needed$43,174
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.
