$395,000 - 1000 Lackner Place Unit 302, Kitchener
Condo for Sale in Kitchener
88 days on market- MLS Number
- X12912722
- Property Type
- Condo
- Status
- active
- Days on Site
- 88
- Bedrooms
- 1
- Bathrooms
- 1
- Square Feet
- 600 sqft
- Neighbourhood
- Kitchener
- Locker
- Exclusive
- Exposure
- East
- Balcony
- Open
- Listing Brokerage
- RIGHT AT HOME REALTY
Welcome to Unit 302 at 1000 Lackner Place - a modern 1 bedroom, 1 bathroom condo offering a smart layout and strong investment potential in one of Kitchener's growing communities. This bright, open-concept unit features large windows, a private open balcony, and quality finishes throughout. The contemporary kitchen includes stainless steel appliances (fridge, stove, overthe-range microwave, and dishwasher), along with the convenience of in-suite washer and dryer.Located in a well-managed building with amenities such as a party/multipurpose room, secureentry, and visitor parking, this property offers low-maintenance living ideal for both endusers and tenants. Situated close to shopping, restaurants, parks, and trails, with convenientaccess to Ottawa Street and Highway 7/8, ensuring excellent connectivity across the WaterlooRegion.A great opportunity for investors seeking a turnkey unit in a high-demand rental area, as wellas first-time buyers or downsizers looking for modern, hassle-free living.
Estimate your monthly payments for this property
Estimated Payment
$2,026.55/mo
Includes CMHC insurance ($11,021)
5-yr fixed avg.
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.
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
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.
1000 Lackner Place Unit 302, Kitchener
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Monthly Cash Flow Breakdown
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's Thoughts
Honest perspective from 30+ years of GTA real estate experience
Competitive Pricing
At $658/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 88 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.