$469,900

For sale

102 Wheat Lane, Kitchener - Single Family for Sale

102 Wheat Lane, Kitchener, Ontario, N2R0R6

2 beds3 baths1 parking1,300 ft²$377/mo condo feeListed 20 days ago

Overview

This 2-bedroom, 3-bathroom condo in Kitchener is for sale offering roughly 1,300 sq ft of space. It has been on the market 20 days, fresher than the Kitchener average of 54 days.

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Description

Welcome to 102 Wheat Lane, Kitchener and Discover the perfect blend of comfort and convenience with this exquisite 2-bedroom, 2.5-bath Stack townhome give you1225 sq ft space. As you step inside, you'll be greeted by a spacious great room that seamlessly flows into the open-concept kitchen, creating an inviting space for both relaxation and entertaining an enjoy park view while sitting in Balcony. The upper level features a generously sized master bedroom with a luxurious 3-piece ensuite, providing a private retreat and enjoy great evening with loved ones. The second bedroom includes its own separate bathroom for added convenience. Ideally located within walking distance to a variety of shopping options, schools, and on a bus route for effortless commuting, this home ensures you're never far from the essentials. Additionally, the proximity to beautiful green spaces and scenic trails enhances your outdoor lifestyle. With its high-quality amenities, close to school, parks, and an unbeatable location, this Stacked townhome offers the ideal setting for comfortable and convenient living. Don't miss out and experience this move-in ready home in Kitchener for yourself! (id:66096)

Property Details

MLS®: X14083626
Property Type: Single Family
Zoning: RES-6 (257)
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 3
Half Baths: 1
Parking: 1
Interior Size: 1,300 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning
Garage: No Garage
Condo Fee: $377/mo
Fee Includes: Parking
Ownership: Condo/Strata
Property Tax: $3,543.18/yr
Listed

Rooms

Main level

Great room: 3.96 x 3.45 meters
Kitchen: 4.52 x 2.21 meters
Dining room: 3.96 x 2.16 meters

Second level

Bedroom: 5.36 x 3.25 meters
Bathroom: 2.62 x 1.75 meters
Bedroom 2: 2.87 x 2.87 meters
Bathroom: 3.12 x 1.47 meters
Utility room: 1.04 x 1.57 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: All, Washer, Refrigerator, Water softener, Dishwasher, Stove, Dryer, Microwave
Foundation: Poured Concrete
Exterior: Brick, Brick Facing
Lot Features: Balcony

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

20d

Kitchener listings, avg age

54d

Price / ft²

$362

List price

$470K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 2-bed single family in Kitchener has been listed for 20 days, which is 34 days fresher than the city average of 54. Act while there is still low competition.

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Listed by RE/MAX REAL ESTATE CENTRE INC. · BHUPINDER SINGH

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2R)

This home lists at $469,900, about 4.1× the local median household income of $116,000.

Carrying it typically needs a household income of about $91,788 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $116,000
Population: 18,445
Median age: 32.8
Owner / renter: 80% / 20%
Avg. household size: 3.2

Source: Statistics Canada, 2021 Census (FSA N2R)

$469,900· $362/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $23,495

Min 5%50%

Mortgage payment$2,475/mo

↳ CMHC premium ($17,856 capitalized)

Property tax (est.)$295/mo

Condo fee$377/mo

Total monthly$3,147

Cash Needed to Close

Down payment (5%)$23,495

Land transfer tax$5,873

Est. closing costs$3,910

Total cash needed$33,278

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