- Bedrooms
- 1
- Bathrooms
- 1
- Size
- 600–699sq ft
- Per sq ft
- $584at the range’s middle
- Tax a year
- $2,5642025 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About 308-1201 Lackner Pl
308-1201 Lackner Pl is a 1-bedroom, 1-bathroom condo in Kitchener, listed for sale at an asking price of $379,000 (MLS® X13660890).
Stylish 1 Bed, 1 Bath SMART HOME Condo (2023) in the heart of Waterloo's thriving tech hub. Fully integrated Google Smart Home system with voice-controlled lighting and window coverings. Year-round views of pine trees from the private balcony. Located close to the University of Waterloo, Laurier University, Conestoga College, Google, BlackBerry, SAP, and Oracle and more tech giants making it an excellent opportunity for students, professionals, or investors. Situated along the Grand River and surrounded by parks, trails, and outdoor recreation, with nearby access to Bingemans Park, skiing, camping, plazas, cinema, international airport, grocery stores. Easy access to Hwy 401 and 7. Perfect as a starter home, a tech professional's residence, or a high-demand rental investment.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Shortfall35/100−$591/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
- $2,564 / 2025
- MLS® number
- X13660890
- Board
- TRREB MLS®
- Property Type
- Condo Apt
- Days on market
- Size
- 600-699 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Apt
- Style
- 1 Storey/Apt
- Municipality
- Kitchener
Building
- Size
- 600-699 sqft
- Construction
- Brick
Inside
- Bedrooms
- 1
- Bathrooms
- 1
- Bathroom Details
- 1 × 3pc
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Google Smart Home System, Voice Controlled Light Fixtures, Voice Controlled Window Coverings, Stove, Fridge, Dishwasher, Microwave Hood, Washer, Dryer, Water Softener. 1 Parking & 1 Locker Included.
- Condo maint.
- $397
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Br | 3.2 × 3.5 m | — | Main |
| Kitchen | 2.7 × 2.7 m | — | Main |
| Living | 3.6 × 5.3 m | Combined W/Dining, Balcony | Main |
| Dining | 3.6 × 5.3 m | Combined W/Living | Main |
| Bathroom | 1.4 × 2.5 m | 3 Pc Bath | Main |
| Laundry | 2.1 × 2.2 m | — | Main |
Listing history
Buy/sell history for 308-1201 Lackner Pl, 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 | $379,000 | N/A | For Sale | X13660890 |
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
- $75,800
- Total mortgage amount
- $303,200
- Total interest payment
- $215,800
- Total purchase cost
- $594,800
- Mortgage payment
- $1,730/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
47%Monthly carrying cost
$2,341- Rent $1,750
- Shortfall $591
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
- $4,160
- Total land transfer tax
- $4,160
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $160
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 $379,000
- $1,935
- Ontario total
- $4,160
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
- 2 water-supply wells recorded within 250 mAll were drilled for domestic use; 22 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 7.5 m.250 m
- Groundwater recorded about 52.8 m below ground nearbyThe middle water level in the well records within 500 m (43 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: 2.2 km2.2 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 780 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, 1.8 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 8% 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
Map and tour
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Fairway | GRT light rail: ION light rail | 4 km |
| Borden | GRT light rail: ION light rail | 4.2 km |
| Kitchener Market | GRT light rail: ION light rail | 4.7 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 | 900 m | 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 | 1.5 km | — |
| École élémentaire L'HarmonieConseil scolaire Viamonde | French-language public · grades JK–8 | 6.7 km | 84%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| Grand River Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 800 m | 58%Grade 9 math |
| Notre Dame Catholic Secondary SchoolWaterloo CDSB | Catholic · grades 9–12 | 2.3 km | — |
| Rosemount - U Turn SchoolWaterloo Region DSB | Public · grades 9–12 | 2.5 km | — |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 3 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
Similar Active Listings
Recently sold nearby
Sold prices in Kitchener are shown to signed-in members.