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Property Type: Condo / ApartmentOwnership: Condominium
T5 - 1101 LACKNER PLACE
Kitchener, ON N2A0L3
MLS® X13712294
$385,000
1 bed1 bath1 parking
Amenities
Also listed: Storage - Locker
Property Details
Property & Lot
- Sub-type
- Apartment
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $445/mo
- Annual property tax
- $2,794.72
Maintenance Fee Includes
Heat
Also included: Common Area Maintenance
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Kitchen | Main level | — |
| Dining room | Main level | — |
| Bedroom | Main level | — |
| Bathroom | Main level | — |
| Den | Main level | — |
| Laundry room | Main level | — |
Description
A modern luxurious condo with one bedroom and a den (708 sq. ft) stunning modern finishes, including pot lights, quartz counter top, white kitchen cabinets & backsplash, laminate flooring throughout, stainless-steel appliances, and en-suite laundry with front load Washer and Dryer. This condo offers a spacious den, perfect for an office or a quite relaxing area. The bedroom includes a walk-in closet, large window allowing abundance of natural light into the space. This condo is conveniently located near walking trails, shopping, public transit, public schools, grocery store, pharmacy and so much more. It is also close to many industrial plants (i.e., Toyota), and Hwy-401. One (1) Parking spot and One (1) Locker included. (id:63159)
Listing Information
- MLS®
- X13712294
- Data last synced
- September 15, 2026
HOMELIFE/MIRACLE REALTY LTD
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: HOMELIFE/MIRACLE REALTY LTD
MLS® Number: X13712294
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% ($19,250) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$308,000.00
Periodic payment — Principal & Interest (monthly)$1,987.11
Additional monthly expenses (condo fees, tax, utilities, etc.)$677.60
Total monthly cost$2,664.71
Interest paid over 5-yr term$88,273.69
Balance at end of term$277,047.00
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,250
Stress test qualifying rate8.19%
Payment you must qualify for$2,835.93
Cash Needed at Closing
Minimum down payment$19,250
Estimated Land Transfer Tax (LTT)$4,250
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,000
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.
