1000 Lackner Place Unit 215, Kitchener

Price: $364,000

1 bedrooms, 1 bathrooms

600 sqft

Property Type: Condo

MLS#: X13074402

Discover this beautifully maintained, carpet-free unit offering a bright and functional layout with stylish finishes throughout. Featuring durable laminate flooring across the entire home, upgraded doors throughout, six pot lights, lower light switches for added accessibility, and a desirable west-facing view perfect for enjoying spectacular sunsets, this space is ideal for easy living and low maintenance. The contemporary kitchen is thoughtfully designed with upgraded tall cabinetry, sleek quartz countertops, a classic subway tile backsplash, matte black fixtures, and undermount lighting-perfect for both everyday cooking and entertaining. The spacious bathroom boasts an oversized vanity countertop, providing ample space and storage, while the bedroom offers a generous closet with wide double doors for added convenience and organization. Enjoy abundant natural light and seamless indoor-outdoor living with access to a private balcony, an inviting space to relax, unwind, and take in beautiful sunset views. On-site amenities include a bike storage room, party room, visitor parking, and a small park. This unit also includes one locker conveniently located on the second floor and one parking space. Situated in a highly desirable and family-friendly neighbourhood, this home is close to parks, walking trails, shopping centers, restaurants, and everyday essentials. Easy access to public transit and major roadways makes commuting simple and efficient. Families will appreciate proximity to well-rated public and Catholic schools, as well as nearby childcare centers and community facilities. This move-in-ready home is perfect for first-time buyers, professionals, or investors looking for quality, comfort, and location. Don't miss this opportunity to own in one of the area's most convenient communities.

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$364,000 - 1000 Lackner Place Unit 215, Kitchener

Condo for Sale in Kitchener

47 days on market
1Beds
1Baths
600Sq Ft
Condo
Property Details
MLS Number
X13074402
Property Type
Condo
Status
active
Days on Site
47
Bedrooms
1
Bathrooms
1
Square Feet
600 sqft
Neighbourhood
Kitchener
Locker
Owned
Exposure
South
Balcony
Open
Listing Brokerage
RE/MAX PREMIER INC.
Description

Discover this beautifully maintained, carpet-free unit offering a bright and functional layout with stylish finishes throughout. Featuring durable laminate flooring across the entire home, upgraded doors throughout, six pot lights, lower light switches for added accessibility, and a desirable west-facing view perfect for enjoying spectacular sunsets, this space is ideal for easy living and low maintenance. The contemporary kitchen is thoughtfully designed with upgraded tall cabinetry, sleek quartz countertops, a classic subway tile backsplash, matte black fixtures, and undermount lighting-perfect for both everyday cooking and entertaining. The spacious bathroom boasts an oversized vanity countertop, providing ample space and storage, while the bedroom offers a generous closet with wide double doors for added convenience and organization. Enjoy abundant natural light and seamless indoor-outdoor living with access to a private balcony, an inviting space to relax, unwind, and take in beautiful sunset views. On-site amenities include a bike storage room, party room, visitor parking, and a small park. This unit also includes one locker conveniently located on the second floor and one parking space. Situated in a highly desirable and family-friendly neighbourhood, this home is close to parks, walking trails, shopping centers, restaurants, and everyday essentials. Easy access to public transit and major roadways makes commuting simple and efficient. Families will appreciate proximity to well-rated public and Catholic schools, as well as nearby childcare centers and community facilities. This move-in-ready home is perfect for first-time buyers, professionals, or investors looking for quality, comfort, and location. Don't miss this opportunity to own in one of the area's most convenient communities.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,867.51/mo

Includes CMHC insurance ($10,156)

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5-yr fixed avg.

Principal: $327,600Interest: $222,497
Mortgage Amount$337,756
Total Interest$222,497
Est. Property Tax$258/mo
Total Cost$560,253

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

1000 Lackner Place Unit 215, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$1,800/mo
Range: $1,530 - $2,070
Cap Rate (ROI)
3.5%
Fair

Monthly Cash Flow Breakdown

Rental Income+$1,800
Maintenance Fees-$390
Property Tax (est.)-$258
Insurance (est.)-$76
Net Cash Flow+$1,076

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $607/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Negotiation Opportunity

At 47 days on site, this property has exceeded the typical selling timeline for Kitchener. This creates leverage for buyers. The seller may be motivated by carrying costs, life circumstances, or previous deals falling through. I'd recommend a strategic offer below asking with terms that favour you.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Efficient Living

At 600 sqft, this is a more compact space. The upside: lower utility bills, less maintenance, and easier cleaning. Consider how you'll use the space - built-in storage, multi-functional furniture, and good organization become important. Great for singles, couples, or those who prefer a low-maintenance lifestyle.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    1000 Lackner Place Unit 215, Kitchener | $364,000 | Battaglia Team