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Property Type: Condo / ApartmentOwnership: Condominium
422 - 1100 LACKNER PLACE
Kitchener, ON N2A0M1
MLS® X13628874
$370,918
1 bed1 bath1 parking
Amenities
Visitor Parking
Also listed: Storage - Locker, Recreation Centre, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $333/mo
- Annual property tax
- $0
Maintenance Fee Includes
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning, Ventilation system
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Bedroom | Main level | — |
Description
Experience the ideal combination of modern comfort and everyday convenience in this brand-new 640 sq. ft. one-bedroom suite, offered directly by Reid's Heritage Homes. Perfect for first-time buyers, those looking to simplify with downsizing, or investors seeking a move-in-ready opportunity, this thoughtfully designed home is as functional as it is inviting. Inside, you'll find a bright, open-concept layout featuring elegant quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout. What truly sets this suite apart is its exceptional setting overlooking a beautiful ravine, it offers peaceful green views, added privacy, and a tranquil atmosphere that's hard to find in an urban environment. The purchase price set out above is net of HST. How HST will be addressed will be determined at the time the Purchaser enters the agreement of purchase and sale, based on the status of the existing HST Rebates announced by the provincial and federal governments. Photos are of model suite. Finishes may vary. (id:63159)
Listing Information
- MLS®
- X13628874
- Data last synced
- October 11, 2026
Eleven Eleven Real Estate Services Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Eleven Eleven Real Estate Services Inc.
MLS® Number: X13628874
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
$454/sqft
380 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% ($18,546) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$296,734.00
Periodic payment — Principal & Interest (monthly)$1,914.43
Additional monthly expenses (condo fees, tax, utilities, etc.)$333.00
Total monthly cost$2,247.43
Interest paid over 5-yr term$85,044.82
Balance at end of term$266,913.19
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$18,546
Stress test qualifying rate8.19%
Payment you must qualify for$2,732.20
Cash Needed at Closing
Minimum down payment$18,546
Estimated Land Transfer Tax (LTT)$4,039
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,085
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.
