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Property Type: Condo / ApartmentOwnership: Condominium
517 - 1100 LACKNER PLACE
Kitchener, ON N2A0L3
MLS® X13874910
$405,071
2 bed1 bath1 parking
Amenities
Visitor Parking
Also listed: Storage - Locker, Party Room
Property Details
Property & Lot
- Sub-type
- Apartment
R7
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $463/mo
- Annual property tax
- $3,079.14
Maintenance Fee Includes
Heat
Also included: Common Area Maintenance, Insurance, Parking
Interior
- Basement
- None
- Heating
- Forced air, Natural gas, Coil Fan
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Living room | Main level | — |
| Den | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Laundry room | Main level | — |
Description
*** Brand-new condo by Reid's Heritage Homes, qualifies for the HST Rebate which could save you thousands *** This bright and stylish "Watson" model is a 751 sq. ft suite offering southern exposure and a private balcony to enjoy beautiful sunrise views. Featuring one bedroom plus den, one bathroom, a spacious balcony and many features including; quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring. Enjoy the added benefits of one underground parking space, a storage locker, secure building entry, elevator access, bicycle storage, a party room with kitchenette, and a playground. Located steps from trails, transit, shopping, and everyday amenities, with quick highway access and a short drive to universities and colleges. A fantastic opportunity for first-time buyers, downsizers, professionals, or investors seeking modern, low-maintenance living in a convenient location. 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 and proposed HST Rebates announced by the provincial and federal governments. ARN# is TBD (id:63159)
Listing Information
- MLS®
- X13874910
- Data last synced
- October 19, 2026
RE/MAX REAL ESTATE CENTRE INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: RE/MAX REAL ESTATE CENTRE INC.
MLS® Number: X13874910
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
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($20,254) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$324,057.00
Periodic payment — Principal & Interest (monthly)$2,090.71
Additional monthly expenses (condo fees, tax, utilities, etc.)$719.17
Total monthly cost$2,809.87
Interest paid over 5-yr term$92,875.67
Balance at end of term$291,490.32
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$20,254
Stress test qualifying rate8.19%
Payment you must qualify for$2,983.77
Cash Needed at Closing
Minimum down payment$20,254
Estimated Land Transfer Tax (LTT)$4,576
Legal / closing costs (typical estimate)$1,500
Total cash needed$26,330
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.
