$370,918

For sale

#422 1100 Lackner Place, Kitchener - Single Family for Sale

#422 1100 Lackner Place, Kitchener, Ontario, N2A0M1

1 bed1 bath1 parking650 ft²$333/mo condo feeListed 95 days ago

Overview

This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 650 sq ft of space. Listed at $370,918, it is attractively priced about 7% below the $399,500 median asking price in Kitchener.

Condos for Sale in Kitchener →All real estate in Kitchener →

Description

Experience the ideal combination of modern comfort and everyday convenience in this brand-new 640 sq. ft. one-bedroom suite, offered directly by Reid's Heritage Homes. Perfect for first-time buyers, those looking to simplify with downsizing, or investors seeking a move-in-ready opportunity, this thoughtfully designed home is as functional as it is inviting. Inside, you'll find a bright, open-concept layout featuring elegant quartz countertops, stainless steel appliances, and durable luxury vinyl plank flooring throughout. What truly sets this suite apart is its exceptional setting overlooking a beautiful ravine, it offers peaceful green views, added privacy, and a tranquil atmosphere that's hard to find in an urban environment. 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 suite. Finishes may vary. (id:66096)

Property Details

MLS®: X13628874
Property Type: Single Family
Zoning: Residential
Bedrooms: 1
Beds (above / below): 1 above · 0 below
Bathrooms: 1
Parking: 1
Interior Size: 650 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: No Garage
Condo Fee: $333/mo
Fee Includes: Common Area Maintenance, Insurance, Parking
Ownership: Condo/Strata
Listed: 95 days ago

Rooms

Main level

Kitchen: 3.55 x 2.89 meters
Living room: 3.65 x 3.53 meters
Bedroom: 3.35 x 3.58 meters

Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.

Features

Appliances: Washer, Refrigerator, Water meter, Dishwasher, Stove, Dryer, Microwave, Water Heater
Exterior: Brick
Lot Features: Cul-de-sac, Wooded area, Ravine, Backs on greenbelt, Elevator, Lighting, Balcony, Paved yard, Carpet Free, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

95d

Kitchener listings, avg age

53d

Price / ft²

$571

List price

$371K

Homes here sell faster than most markets

Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.

Homes here sell close to asking price

Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.

Haho

This 1-bed single family in Kitchener is available now. Want me to connect you with the agent or keep you posted on any price updates?

Set a price alert Book a showing

Listed by Eleven Eleven Real Estate Services Inc. · JESSICA E.M FRUTTI

Location

Approximate location — exact address confirmed upon showing

Nearby Places

Area context

Neighbourhood profile (N2A)

This home lists at $370,918, about 3.9× the local median household income of $96,000.

Carrying it typically needs a household income of about $72,453 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.

Median household income: $96,000
Population: 32,454
Median age: 39.2
Owner / renter: 71% / 29%
Avg. household size: 2.7

Source: Statistics Canada, 2021 Census (FSA N2A)

$370,918· $571/ft²

For sale

Book a showing

Pick a time that suits you. A verified local agent confirms within 24h.

Full Cost Breakdown

Loading rates, 30-yr amortization

Current Rates

Loading…

Compare all rates

Down Payment5% · $18,545.90

Min 5%50%

Mortgage payment$1,954/mo

↳ CMHC premium ($14,095 capitalized)

Est. property tax$0/mo

Condo fee$333/mo

Total monthly$2,287

Cash Needed to Close

Down payment (5%)$18,546

Land transfer tax$4,039

Est. closing costs$3,613

Total cash needed$26,198

Get Pre-Approved · Free & Fast

Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice

Rental cashflow calculator