H-242 Rachel Cres
Kitchener, Ontario N2R 0E1
- Bedrooms
- 2
- Bathrooms
- 1
- Size
- 900–999sq ft
- Per sq ft
- $405at the range’s middle
- Tax a year
- $2,8362025 tax year
- Built
- 11-15
- Parking
- 11 none
- Days on market
- Members
The brief
About H-242 Rachel Cres
H-242 Rachel Cres is a 2-bedroom, 1-bathroom condo townhouse in Kitchener, listed for sale at an asking price of $385,000 (MLS® X13858694).
Welcome to 242 Rachel Crescent in Kitchener, a bright and stylish 2-bedroom, 1-bathroom condo offering a wonderful opportunity for first-time buyers, empty nesters, or anyone looking for comfortable, low-maintenance living.This thoughtfully designed open-concept layout features a spacious living and dining area that flows seamlessly into the modern kitchen, complete with granite countertops, stainless steel appliances, and a convenient island-perfect for meal preparation and casual dining. Dark laminate flooring runs throughout the main living areas, creating a modern and cohesive feel.The spacious primary bedroom provides a comfortable retreat, while the second bedroom offers excellent flexibility as a guest room, home office, or additional living space. The well-appointed four-piece bathroom features a relaxing soaker tub. Enjoy one premium corner parking space, low condo fees, and the added convenience of an owned water heater and water softener with no rental contracts.The location offers an active and convenient lifestyle, with parks, forests, walking and cycling trails nearby. Shopping, restaurants, public transit, schools, and everyday amenities are all just minutes away. Move-in ready, this condo is ready to welcome you home. Contact your Realtor today to book a private showing!
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even55/100−$108/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 28 condos with 2 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,836 / 2025
- MLS® number
- X13858694
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Building Age
- 11-15
- Days on market
- Size
- 900-999 sqft
- Listed on
- Parking
- 1 None, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Municipality
- Kitchener
Building
- Size
- 900-999 sqft
- Building Age
- 11-15
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Garage
- 1
- Additional Parking
- 0
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Dishwasher, dryer, microwave, refrigerator, stove, washer, smart carbon monoxide sensor, smart lock doorbell.
- Condo maint.
- $215
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 4.67 × 3.15 m | — | Main |
| 2nd Br | 3.35 × 2.71 m | — | Main |
| Kitchen | 3.53 × 3.31 m | — | Main |
| Dining | 2.93 × 2.76 m | — | Main |
| Living | 3.8 × 4.97 m | — | Main |
| Laundry | 2.37 × 1.61 m | — | Main |
| Bathroom | 1.49 × 3.15 m | — | Main |
Listing history
Buy/sell history for H-242 Rachel Cres, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $385,000 | N/A | Pc | X13858694 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $77,000
- Total mortgage amount
- $308,000
- Total interest payment
- $219,100
- Total purchase cost
- $604,100
- Mortgage payment
- $1,757/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
25%Monthly carrying cost
$2,208- Rent $2,100
- Shortfall $108
Rental income opens at $2,100, the median asking rent of 28 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,250
- Total land transfer tax
- $4,250
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $250
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $385,000
- $2,025
- Ontario total
- $4,250
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation4
- No mapped wetland within 120 m120 m
- 7 water-supply wells recorded within 250 mAll were drilled for domestic use; 10 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 34.7 m.250 m
- Groundwater recorded about 27.6 m below ground nearbyThe middle water level in the well records within 500 m (50 records). It changes with the season and from spot to spot.500 m
- Bedrock about 105.2 m down nearbyThe middle depth to bedrock in the well records within 500 m.500 m
Province of Ontario open data
Planning and building activity1
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- 2 licensed pits or quarries within 2 kmThe nearest is 560 m away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Tigercat Industries Inc. — Tigercat Industries - Plant #7, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 30 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (30 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.30 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Netflash Internet Solutions, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in Kitchener right now
- For sale now
- 115
- Median asking price
- $475K
- New in 7 days
- 10
- Price cuts
- 23%
Middle half: $410K to $530K
45 in 28 days
27 listings
This home is asking 19% below the median, lower than three quarters of them.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Block Line | GRT light rail: ION light rail | 4.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| St Josephine Bakhita Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 550 m | 76%Grade 6 average |
| Jean Steckle Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 550 m | 72%Grade 6 average |
| Janet Metcalfe Public SchoolWaterloo Region DSB | Public · grades JK–8 · French Immersion | 700 m | 79%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 2.7 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Huron Heights Secondary SchoolWaterloo Region DSB | Public · grades 9–12 | 2.2 km | 61%Grade 9 math |
| St Mary's High SchoolWaterloo CDSB | Catholic · grades 9–12 | 4.2 km | 48%Grade 9 math |
| Forest Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 5.4 km | 48%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 8 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Kitchener are shown to signed-in members.