507-1000 Lackner Blvd
Kitchener, Ontario N2A 0L9
- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 500–599sq ft
- Per sq ft
- $673at the range’s middle
- Tax a year
- $2,5232026 tax year
- Built
- 0-5
- Parking
- 1underground
- Days on market
- Members
The brief
About 507-1000 Lackner Blvd
507-1000 Lackner Blvd is a 1-bedroom, 1-bathroom condo in Kitchener, listed for sale at an asking price of $369,900 (MLS® X13750986).
Welcome to Unit 507 at 1000 Lackner Place in Kitchener-a great unit offering a blend of style, comfort, and an exceptional location. This well-designed suite features a spacious 1-bedroom layout that makes the most of every inch, ideal for first-time buyers, professionals, downsizers, or savvy investors seeking a low-maintenance property. Step inside to find a bright, airy space filled with natural light, enhanced by the privacy and quiet of having no unit above. The open-concept layout seamlessly connects the kitchen, dining, and living areas, creating a sense of flow that makes the home feel larger than its footprint. The kitchen integrates effortlessly with the main living space-perfect for both entertaining and everyday living-while modern finishes throughout add a polished, move-in-ready appeal. The bedroom provides a comfortable retreat with a great view. Additional conveniences include in-suite laundry and one underground parking space, ensuring year-round comfort and ease. Residents enjoy secure entry, a party room, bicycle storage, playgrounds, and beautifully maintained grounds. Situated in Kitchener's sought-after Grand River South neighbourhood, this location offers unmatched convenience-just steps to schools, parks, trails, shopping, dining, transit, and major highways. You're also only a short drive from Chicopee Ski & Summer Resort, Bingemans, the Kitchener Auditorium, and the airport.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall37/100−$530/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 71 condos with 1 bedroom for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,523 / 2026
- MLS® number
- X13750986
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Building Age
- 0-5
- Days on market
- Size
- 500-599 sqft
- Listed on
- Parking
- Underground, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Municipality
- Kitchener
Building
- Size
- 500-599 sqft
- Building Age
- 0-5
- Construction
- Concrete
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- Underground
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Foundation
- Concrete
- Roof
- Flat
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Dishwasher, Dryer, Refrigerator, Stove, Washer
- Condo maint.
- $382
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 3.2 × 1.5 m | 4 Pc Bath | Main |
| Primary | 3.2 × 3.5 m | — | Main |
| Living | 3.7 × 3.5 m | — | Main |
| Kitchen | 3.5 × 2.8 m | — | Main |
| Utility | 1.7 × 1.8 m | — | Main |
Listing history
Buy/sell history for 507-1000 Lackner Blvd, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $369,900 | N/A | For Sale | X13750986 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $73,980
- Total mortgage amount
- $295,920
- Total interest payment
- $210,480
- Total purchase cost
- $580,380
- Mortgage payment
- $1,688/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
45%Monthly carrying cost
$2,280- Rent $1,750
- Shortfall $530
Rental income opens at $1,750, the median asking rent of 71 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,024
- Total land transfer tax
- $4,024
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $24
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $369,900
- $1,799
- Ontario total
- $4,024
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The land
Land and environment
Public records about this location. Not part of the MLS® listing and not provided by the listing brokerage.
Water and conservation3
- No mapped wetland within 120 m120 m
- 1 water-supply well recorded within 250 mIt was drilled for domestic use; 12 test or monitoring holes also recorded. From Ontario’s well records; locations can be approximate. The records do not show how this home gets its water. Wells nearby typically go down about 7.2 m.250 m
- Groundwater recorded about 60.4 m below ground nearbyThe middle water level in the well records within 500 m (36 records). It changes with the season and from spot to spot.500 m
Province of Ontario open data
Planning and building activity2
- Outside the Greenbelt, Oak Ridges Moraine and Niagara Escarpment plan areasAt the address
- Nearest airport: 2.3 km2.3 km
Province of Ontario open data
Around the home1
- A trail on the Ontario trail network within 1 km1 km
Province of Ontario open data
Environmental records4
- 1 licensed pit or quarry within 2 kmThe nearest is 820 m away, as mapped.2 km
- No recorded oil, gas or salt well within 250 m250 m
- No facility within 1 km reports pollutant releases to Environment CanadaThe nearest is Safety-Kleen Canada Inc. [principal] — Oil Recovery Division, 1.9 km away. Only facilities above the inventory’s reporting thresholds are listed.1 km
- No federal contaminated site within 1 kmThe federal inventory covers federal land only; it says nothing about provincial or private sites.1 km
Province of Ontario open data · Government of Canada open data
Power and internet3
- Electricity is distributed here by Enova Power Corp.At the address
- Wired internet 50/10 Mbps or faster is listed at a household 110 m awayFixed wireless 50/10 Mbps or faster. LTE mobile coverage listed. ISED’s National Broadband Data at the nearest household point (110 m from the listing); 50/10 Mbps is its top category and includes faster plans. Confirm with a provider for this address.110 m
- Across the surrounding area: fibre to the home, cable, DSL internet listedFibre to the home: Bell, Rogers. Cable: Rogers. DSL: Bell. Fixed wireless: Bell, Netflash Internet Solutions, Rogers, Vianet, Waterloo Wireless, Xplore. Mobile: Bell, Freedom Mobile, Rogers, Telus. Satellite: Xplore. ISED’s list for the surrounding ~25 km² area; check with a provider for this address.Area-wide
Ontario Energy Board · Innovation, Science and Economic Development Canada
Each record is placed at the distance its own line states. None of it is an inspection of the property. Confirm anything that matters to you with the municipality, Grand River Conservation Authorityor the record’s publisher.
Contains information licensed under the Open Government Licence – Canada. Contains information licensed under the Open Government Licence – Ontario.
The market
Condos for sale in Kitchener right now
- For sale now
- 158
- Median asking price
- $350K
- New in 7 days
- 15
- Price cuts
- 20%
Middle half: $300K to $399K
65 in 28 days
31 listings
This home is asking 6% above the median.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Fairway | GRT light rail: ION light rail | 4.1 km |
| Borden | GRT light rail: ION light rail | 4.1 km |
| Kitchener Market | GRT light rail: ION light rail | 4.6 km |
| Block Line | GRT light rail: ION light rail | 4.8 km |
| Mill | GRT light rail: ION light rail | 4.8 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Lackner Woods Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1 km | 91%Grade 6 average |
| Crestview Public SchoolWaterloo Region DSB | Public · grades JK–6 · French Immersion | 1.1 km | 73%Grade 6 average |
| St Patrick Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 1.4 km | — |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 6.6 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Grand River Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 700 m | 58%Grade 9 math |
| Rosemount - U Turn SchoolWaterloo Region DSB | Public · grades 9–12 | 2.4 km | — |
| Notre Dame Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.5 km | — |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 3.2 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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Sold prices in Kitchener are shown to signed-in members.