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Property Type: TownhouseOwnership: Condominium
53 - 116 WHEAT LANE N
Kitchener, ON N2R1R7
MLS® X14023794
$499,000
2 bed2.5 bath1 parking
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $377/mo
- Annual property tax
- $3,543.11
Maintenance Fee Includes
Also included: Common Area Maintenance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning, Air exchanger
Description
Welcome to Unit 58 at Wallaceton Fusion Homes in Huron Park, Kitchener a beautifully designed, park-facing 2-bedroom, 2.5-bathroom townhome offering over 1,200 sq. ft. of bright, modern living space. Built in 2022 and still feeling brand new, this one-floor condo-townhome features an open-concept layout with 9 ft. ceilings, upgraded lighting, soft-close cabinetry, wide plank laminate flooring, and a stylish chefs kitchen with two-tone cabinets, quartz countertops, stainless steel appliances, hood vent, and breakfast bar. The spacious living area is filled with natural light from large windows and opens onto two private balconies with scenic views.The primary bedroom includes a walk-in closet and a full ensuite bath, while the second bedroom is ideal for guests, a home office, or a growing family, complemented by an additional full bathroom and a convenient powder room. Enjoy in-suite laundry with full-size washer and dryer, plus one dedicated parking space right outside your door. Located just steps from parks, schools, shopping, transit, and the RBJ Schlegel Sports Complex, this move-in ready home offers the perfect blend of nature and city living. (id:63159)
Listing Information
- MLS®
- X14023794
- Data last synced
- October 14, 2026
RE/MAX MILLENNIUM REAL ESTATE
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX MILLENNIUM REAL ESTATE
MLS® Number: X14023794
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$363/sqft
214 active listing(s)
Parking: 1 stall(s) includedStorage locker: Included
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: 5.0% ($24,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$399,200.00
Periodic payment — Principal & Interest (monthly)$2,575.50
Additional monthly expenses (condo fees, tax, utilities, etc.)$672.26
Total monthly cost$3,247.76
Interest paid over 5-yr term$114,411.87
Balance at end of term$359,081.69
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,950
Stress test qualifying rate8.19%
Payment you must qualify for$3,675.66
Cash Needed at Closing
Minimum down payment$24,950
Estimated Land Transfer Tax (LTT)$6,455
Legal / closing costs (typical estimate)$1,500
Total cash needed$32,905
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.
