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Property Type: Condo / ApartmentOwnership: CondominiumNEW LISTING
605 - 1000 LACKNER PLACE
Kitchener, ON N2A0L9
MLS® X14118388
21
Walk Score
42
Transit
58
Bike
$482,212
2 bed2 bath1 parking
21
Walk Score
42
Transit
58
Bike
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- Apartment
Residential
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $484/mo
- Annual property tax
- $0
Maintenance Fee Includes
Also included: Insurance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning, Ventilation system
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Flat | — |
| Living room | Flat | — |
| Bedroom | Flat | — |
| Bedroom 2 | Flat | — |
Description
Experience spacious, low-maintenance living in this brand-new 930 sq. ft. two-bedroom 2bathroom suite by Reid's Heritage Homes. Featuring a bright, open-concept layout, this thoughtfully designed home showcases premium quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout. The versatile floor plan offers ample space for comfortable everyday living, guests, or a home office. Enjoy the added privacy and appeal of a top-floor location, complemented by an extra-large balcony - perfect for relaxing and taking in the peaceful surroundings. Complete with in-suite laundry and one dedicated underground parking space, this home offers the ideal blend of modern comfort and natural tranquility, just minutes from Highway 7/8 and the scenic Grand River trail system. 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 Home. Actual finishes may vary. (id:63161)
Listing Information
- MLS®
- X14118388
- Data last synced
- October 28, 2026
Eleven Eleven Real Estate Services Inc.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Eleven Eleven Real Estate Services Inc.
MLS® Number: X14118388
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% ($24,111) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$385,770.00
Periodic payment — Principal & Interest (monthly)$2,488.86
Additional monthly expenses (condo fees, tax, utilities, etc.)$484.00
Total monthly cost$2,972.86
Interest paid over 5-yr term$110,562.79
Balance at end of term$347,001.36
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$24,111
Stress test qualifying rate8.19%
Payment you must qualify for$3,552.00
Cash Needed at Closing
Minimum down payment$24,111
Estimated Land Transfer Tax (LTT)$6,119
Legal / closing costs (typical estimate)$1,500
Total cash needed$31,730
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.
