$482,212

For sale

#605 1000 LACKNER Place, Kitchener - Single Family for Sale

#605 1000 LACKNER Place, Kitchener, Ontario, N2A0L9

2 beds2 baths1 parking950 ft²$484/mo condo feeListed 9 days ago

Overview

This 2-bedroom, 2-bathroom condo in Kitchener is for sale offering roughly 950 sq ft of space. It has been on the market 9 days, fresher than the Kitchener average of 53 days.

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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:66096)

Property Details

MLS®: X14118388
Property Type: Single Family
Zoning: Residential
Bedrooms: 2
Beds (above / below): 2 above · 0 below
Bathrooms: 2
Parking: 1
Interior Size: 950 ft²
Basement: None
Heating: Forced air, Natural gas
Cooling: Central air conditioning, Ventilation system
Garage: No Garage
Condo Fee: $484/mo
Fee Includes: Insurance
Ownership: Condo/Strata
Listed: 9 days ago

Rooms

Flat

Kitchen: 3.73 x 2.44 meters
Living room: 4.57 x 3.66 meters
Bedroom: 3.66 x 3.2 meters
Bedroom 2: 3.48 x 2.79 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: Balcony, In suite Laundry

Features and services as supplied by the listing brokerage.

Market Timing

Days on market

Kitchener listings, avg age

53d

Price / ft²

$508

List price

$482K

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 2-bed single family in Kitchener has been listed for 9 days, which is 44 days fresher than the city average of 53. Act while there is still low competition.

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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 $482,212, about 5.0× the local median household income of $96,000.

Carrying it typically needs a household income of about $94,193 (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)

$482,212· $508/ft²

For sale

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Full Cost Breakdown

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Down Payment5% · $24,110.60

Min 5%50%

Mortgage payment$2,540/mo

↳ CMHC premium ($18,324 capitalized)

Est. property tax$0/mo

Condo fee$484/mo

Total monthly$3,024

Cash Needed to Close

Down payment (5%)$24,111

Land transfer tax$6,119

Est. closing costs$3,947

Total cash needed$34,177

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