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Property Type: Condo / ApartmentOwnership: Condominium
507 - 1000 LACKNER BOULEVARD
Kitchener, ON N2A0L9
MLS® X13750986
$369,900
1 bed1 bath1 parking
Amenities
GymVisitor Parking
Also listed: Storage - Locker, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $382/mo
- Annual property tax
- $2,523
Maintenance Fee Includes
Also included: Common Area Maintenance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | — |
| Primary Bedroom | Main level | — |
| Living room | Main level | — |
| Kitchen | Main level | — |
| Utility room | Main level | — |
Description
Welcome to Unit 507 at 1000 Lackner Place in Kitchener-a great unit offering a blend of style, comfort, and an exceptional location. This well-designed suite features a spacious 1-bedroom layout that makes the most of every inch, ideal for first-time buyers, professionals, downsizers, or savvy investors seeking a low-maintenance property. Step inside to find a bright, airy space filled with natural light, enhanced by the privacy and quiet of having no unit above. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a sense of flow that makes the home feel larger than its footprint. The kitchen integrates effortlessly with the main living space-perfect for both entertaining and everyday living-while modern finishes throughout add a polished, move-in-ready appeal. The bedroom provides a comfortable retreat with a great view. Additional conveniences include in-suite laundry and one underground parking space, ensuring year-round comfort and ease. Residents enjoy secure entry, a party room, bicycle storage, playgrounds, and beautifully maintained grounds. Situated in Kitchener's sought-after Grand River South neighbourhood, this location offers unmatched convenience-just steps to schools, parks, trails, shopping, dining, transit, and major highways. You're also only a short drive from Chicopee Ski & Summer Resort, Bingemans, the Kitchener Auditorium, and the airport. (id:63159)
Listing Information
- MLS®
- X13750986
- Data last synced
- September 15, 2026
RE/MAX TWIN CITY REALTY INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX TWIN CITY REALTY INC.
MLS® Number: X13750986
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% ($18,495) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$295,920.00
Periodic payment — Principal & Interest (monthly)$1,909.18
Additional monthly expenses (condo fees, tax, utilities, etc.)$591.83
Total monthly cost$2,501.01
Interest paid over 5-yr term$84,811.52
Balance at end of term$266,181.00
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$18,495
Stress test qualifying rate8.19%
Payment you must qualify for$2,724.70
Cash Needed at Closing
Minimum down payment$18,495
Estimated Land Transfer Tax (LTT)$4,024
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,019
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.
