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Property Type: TownhouseOwnership: CondominiumNEW LISTING
8 OAT LANE
Kitchener, ON N2R0T1
MLS® X14123262
$524,990
2 bed3.5 bath1 parking
Open House
Sunday, November 1
2:00 PM – 4:00 PM
Amenities
Visitor Parking
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
RES-6 (257)
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $346/mo
- Annual property tax
- $3,993.04 (2026)
Maintenance Fee Includes
Also included: Common Area Maintenance, Insurance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Description
Welcome to 8 Oat Lane, Kitchener, a beautifully finished new home offered at just $524,990 after rebate. This is the TURQUOISE model by Fusion Homes, with 1,200 sq. ft. of well-planned living space that balances modern style with everyday practicality. With 2 bedrooms and 2.5 bathrooms, it's a turnkey option for first-time buyers, young families, or investors looking to get into one of Kitchener's fastest-growing neighbourhoods.An upgraded tile staircase leads from the ground floor to the main level and sets the tone for the quality finishes throughout. The bright, open main floor is made for both relaxed living and entertaining, flowing into a contemporary kitchen with quartz countertops, soft-close cabinetry, and a 6-piece stainless steel electric appliance package. Step out onto your private balcony and enjoy views over open space, with no neighbours looking back at you.Upstairs, two generously sized bedrooms include a primary retreat with its own private ensuite. A second full bathroom and a main-floor powder room add convenience for family and guests.Additional features include a water softener, central air conditioning, and an efficient air handling unit for year-round comfort. Outside, a classic brick and vinyl exterior offers lasting durability and great curb appeal, and the home comes with one dedicated parking stall.The home sits in Wallaceton, a master-planned community in Kitchener's Huron South area, surrounded by parks, walking trails, and green space. St. Josephine Bakhita Catholic Elementary School is close by, and the new Cowan Recreation Centre at RBJ Schlegel Park is just minutes away, with an aquatic centre, quad gymnasium, and indoor turf field house. Easy access to Highway 401 makes commuting to Cambridge, Guelph, and the GTA simple.Want it move-in ready? All furniture in the home can be purchased through the Agreement of Purchase and Sale for an additional $10,000. Don't miss your chance to call 8 Oat Lane home! (id:63161)
Listing Information
- MLS®
- X14123262
- Tax assessment year
- 2026
- Data last synced
- October 29, 2026
REAL BROKER ONTARIO LTD.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: REAL BROKER ONTARIO LTD.
MLS® Number: X14123262
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: 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: Cambridge
3°C
Fog
Humidity 98%
Wind NE calm km/h
Today
20°
Tonight
5°
Friday
12°
Friday night
-2°
Saturday
14°
Saturday night
3°
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: 5.2% ($27,499) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$419,992.00
Periodic payment — Principal & Interest (monthly)$2,709.65
Additional monthly expenses (condo fees, tax, utilities, etc.)$678.75
Total monthly cost$3,388.40
Interest paid over 5-yr term$120,370.91
Balance at end of term$377,784.16
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$27,499
Stress test qualifying rate8.19%
Payment you must qualify for$3,857.42
Cash Needed at Closing
Minimum down payment$27,499
Estimated Land Transfer Tax (LTT)$6,975
Legal / closing costs (typical estimate)$1,500
Total cash needed$35,974
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.
