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1201 Lackner Place 308, Kitchener, ON N2A 0L4

1 bed · 1 bath · 1 kitchen · 5 rooms · 1 parking space · 600-699 sq ft · Locker · Laundry in unit · Condo Apartment
$379,000

Also includedCommon Elements · Parking · Building Insurance

Maintenance fee
$397 / month
Property tax
$2,564 / year
Included in the fee
Common Elements, Parking, Building Insurance

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.

MLS number
X13660890
Type
Condo Apartment
Status
Active
Bedrooms
1
Bathrooms
1
Postal code
N2A 0L4
Photos
15
Locker
Yes — Owned
Laundry
In the unit — In-Suite Laundry
Included in the fee
Common Elements, Parking, Building Insurance
32days · this listing
Total days on market across every earlier listing of this propertyRegistration and sign-in required

This listing’s own days on market are shown above. How long the property has been for sale across every earlier listing is drawn from records the board releases only to registered users — a free account opens it, along with the sale history below.

Listing history

This address has been listed 6 times.

Sale history is for registered usersSee what this address sold for and when, across all 6 listings. Free account — the board’s rules require one before sold data can be shown.Create a free account

Where this property is

Where this address sits, matched against open government data.

Estimated from the house-number range along this road: the right block of the right street, not the exact building. No address file publishes this house.

Schools

The school boundaries this address is inside, and the schools nearest it. Boards redraw boundaries and cap programs — confirm with the board before this affects a decision.

Other schools nearby

By distance from this address, not school boundary — a school 400 m away can be in another school’s attendance area.

SchoolLevelDistanceRating
Lackner Woods Public School
Waterloo Region DSB
Elementary900 m8.3 / 10
83% met the standard
Grand River Collegiate Institute
Waterloo Region DSB
Secondary822 m7.1 / 10
71% met the standard · 2 of 6 measures
Crestview Public School
Waterloo Region DSB
Elementary1.2 km6.5 / 10
65% met the standard
St Patrick Catholic Elementary School
Waterloo CDSB
Elementary1.5 kmNot reported
Chicopee Hills Public School
Waterloo Region DSB
Elementary1.7 km7.5 / 10
75% met the standard
Saint John Paul II Catholic Elementary School
Waterloo CDSB
Elementary1.6 km7.7 / 10
77% met the standard
How the rating is calculated

EQAO — Ontario’s testing agency — publishes, for each school, the percentage of students meeting the provincial standard in Grade 3 and Grade 6 reading, writing and mathematics. The rating is the average of those percentages divided by ten. A school where 72% of students met the standard rates 7.2 out of 10.

Nothing is weighted or adjusted, and schools are not ranked against each other. Where EQAO withholds a result to protect the privacy of a small group of students, that measure is left out rather than counted as zero — so a rating built on fewer than six measures says so.

What it does not measure. It is one year of standardised testing in three subjects. It says nothing about teaching, programs, or whether a school suits a particular child, and it tracks neighbourhood household income closely enough that it partly measures the neighbourhood rather than the school. Treat it as one figure among many.

Source: Ontario Ministry of Education, School Information and Student Demographics (2024–25), Open Government Licence – Ontario.

H-Value

our estimate of this home is for registered usersWhat comparable homes nearby actually sold for, worked into an estimate for this one — with the range it sits in and how far the method has been off in testing.Create a free accountAlready have one? Sign in.

The market around this home

Condo Apartments in Kitchener361 sales over the last five years. Too few sold in this community to chart it on its own, so this is the whole city.

Median sold priceWhat comparable homes actually sold for
$323k$371k$418k20252026this home’s asking price
$325klatest quarter · hover to read any
Sold vs askingAbove 100% means bidding wars were normal
97%98%100%20252026the asking price
97%latest quarter · hover to read any
Days to sellMedian days on market before the deal closed
-1d26d52d20252026
51dlatest quarter · hover to read any
How these are built, and what they cannot tell you

Each point is the median of the sales that closed in that quarter among condo apartments in kitchener. A quarter with fewer than eight is left out rather than drawn, and the line breaks where that happens — a median over three sales is really one home’s price, and joining across a gap would draw a number nobody measured.

This is not an estimate of what this home is worth. The segment is a property type in an area; it takes no account of this home’s size, condition, renovations, lot, exposure or how it compares to its neighbours, and half the homes in any quarter sold for more than the median and half for less. It is context for a conversation with an agent, not a valuation.

Toronto Regional Real Estate Board closed transactions. Deemed reliable but not guaranteed accurate by PropTx.

This neighbourhood

Statistics Canada 2021 Census, for the surrounding few blocks — about 860 people.

$90,000Median household income
52.8%Own their home
39.4%Detached houses
50Median age
30%Born outside Canada
20.9%University degree

The neighbourhood, by the census

Statistics Canada 2021 Census for dissemination area 35300564 — the few blocks around this address, home to 860 people. It describes the area, not this property.

860Population
47.4Average age
2.4Household size
$106,800Average household income
$90,000Median household income
53%Own their home
47%Rent
0%Condominiums
30%Born outside Canada
21%University degree
$680,000Average home value
6%Low income
77%Not in the labour force
24%Never married
$20,000 to $24,9991%
$25,000 to $29,9992%
$30,000 to $34,9992%
$35,000 to $39,9992%
$40,000 to $44,9994%
$45,000 to $49,9993%
$50,000 to $59,9994%
$60,000 to $69,9997%
$70,000 to $79,9996%
$80,000 to $89,9994%
$90,000 to $99,9995%
$100,000 and over30%
$100,000 to $124,9999%
$125,000 to $149,9998%
$150,000 to $199,9996%
$200,000 and over8%

Percentages are of the 510 responses in this category. Statistics Canada rounds counts and withholds small ones to keep individuals unidentifiable, so categories with too few people to publish are absent rather than shown as zero.

Source: Statistics Canada, 2021 Census of Population. Contains information licensed under the Open Government Licence – Canada.

Work out the numbers

Everything below is calculated in your browser from figures you can change. Nothing is sent anywhere.

$75,800 · minimum here is $18,950
$1,678.13per month
Borrowed before insurance$303,200
Total borrowed$303,200
Interest over 25 years at 4.5%$200,239

If you rented it out

-$2,288.80per month out of pocket
Rent$0.00
Everything it costs to hold$2,288.80
How this is calculated, and what it leaves out

Canadian fixed-rate mortgages compound semi-annually, not monthly, so the monthly rate here is (1 + rate/2)1/6 − 1. Most calculators use rate ÷ 12, which is the American convention and overstates the payment by tens of dollars a month.

Below 20% down, default insurance is mandatory and is added to the loan rather than paid at closing: 2.80% at 85% loan-to-value, 3.10% at 90%, 4.00% at 95%. It is unavailable at or above $1.5M, which is why 20% is a hard floor there.

Not included: vacancy, property management, capital repairs, income tax, and the fact that a lender qualifies you at a stress-test rate rather than the one you are quoted. This is arithmetic on the numbers above, not a mortgage approval or an opinion of what you can afford.

Listed by REALTY WEALTH GROUP INC.. Listing data provided by the Toronto Regional Real Estate Board.