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$410K · 1 bed Condo Apartment · Kitchener | MyPropertyScout

$410,000

Unit 103

11Vacant

Map

$410,000

F●●○○○

Unit 103

1101 Lackner Place · Kitchener · Ontario N2A 0L3

MLS® X12826782 · N2A 0L3

11Vacant700-799 ft²Condo Apartment1-car Surface$547/ft²$2,727 tax/yrBuilt 20233 yrs old

14% above market · regional est.

Scoring based on Property Scout Neighbourhood Intelligence — use as guidance only, sometimes it's not so intelligent 👍

About this home

Welcome to 1101 Lackner Place 103 - a modern and spacious, well-appointed 1-bedroom, 1-bathroom condo located in the desirable Lackner Woods / Grand River North community of Kitchener. This thoughtfully designed suite features soaring 10-foot ceilings, a bright open-concept layout, and quality finishes throughout, creating a spacious and inviting living environment. The contemporary kitchen offers sleek cabinetry, granite countertops, and stainless steel appliances seamlessly flowing into the li…

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Property details

MLS#: X12826782
Status: Buy Now
Beds: 1
Baths: 1 full, 0 half
Size: 700-799
Style: Apartment
Type: Condo Apartment
Year built: —

Condo corp #: 767
Balcony: Open
Locker: Owned
Fees include: Common Elements Included, Building Insurance Included
Pets: Yes-with Restrictions

Garage: 1-car Surface
Garage spaces: 1
Parking: 1 total
Heating: Forced Air
Heating fuel: Gas
Cooling: Central Air
Fireplaces: —
Waterfront: No
Exterior: Brick
Fronting on: —
Cross street: Lackner Blvd/Ottawa St N
Basement: None
Stories: 1
Utilities: —
Laundry: Ensuite
Interior: Carpet Free
Parking features: —

Rooms

Level	Room	Dimensions
Main	Living Room	3.31m × 3.66m
Main	Dining Room	3.31m × 3.66m
Main	Kitchen	3.29m × 3.66m
Main	Primary Bedroom	3.92m × 3.31m

Property history

Sales History

NEW

Property sales history

Location details

Comparable sales

Neighbourhood stats

Brokered by: RIGHT AT HOME REALTY

Source: TRREB/PROPTX · MLS® X12826782

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$410K

Unit 103 · Bryon Bertrim

Coach Home Wizard

Annual costs

Monthly carrying costs, utilities, and closing cost estimates.

Pre-filled from listing✓ $410,000✓ $2,727 tax✓ Gas✓ 700-799 ft²✓ Ontario· Listing facts below · Ontario averages for utilities — drag sliders to match your home

Monthly all-in

$3,831/mo

incl. closing costs (yr 1)

Annual total

$45,974

year 1

Mortgage only

$1,555/mo

principal + interest

Beyond mortgage

$1,428/mo

taxes, utilities, upkeep

Financing

Purchase price

Down payment20%$82,000

20%+ down — no CMHC premium

Mortgage rate3.00%

Amortization

Province

Government

Property tax (annual)from listing$227/mo

Utilities

Hydro / electricity$75/mo

≈ $0.07/ft² × ~750 ft² · ON avg ~$75/mo

Gas$125/mo

Typical ON gas-heated home · ~$125/mo

Water / sewer$60/mo

ON municipal avg ~$60/mo

Internet / TV / phone$70/mo

ON internet/TV avg ~$70/mo

Maintenance & upkeep

Maintenance reserve1.0%$4,100/yr

1% of value/yr — standard reserve

Landscaping & snow$0/mo

Landscaping & snow removal · $0 default

Home insurance$100/mo

$100/mo default · adjust for your home

Security system$0/mo

Optional monitoring · $0 default

Condo / HOA fees (mo)$36/mo

From listing or typical fee

Closing costs (one-time, year 1)

Land transfer tax (ON)computed$4,675

Legal / lawyer fees

Home inspection

Title insurance

Moving costs

CMHC premiumNone (20%+ down)

Cost composition

Mortgage (P+I)41% $18,665/yr

Property taxes16% $7,402/yr

Utilities9% $3,960/yr

Insurance & security3% $1,600/yr

Maintenance9% $4,100/yr

Condo fees11% $5,147/yr

Closing costs11% $5,100/yr

Mortgage is 41% of your true cost of ownership. The other 59% surprises most first-time buyers.

Full breakdown

Mortgage & financing
Mortgage (P+I)	$18,665	$1,555/mo
Government & taxes
Property tax	$2,727	$227/mo
Land transfer tax(closing)	$4,675	$390/mo
Insurance & protection
Home insurance	$1,200	$100/mo
Title insurance(closing)	$400	$33/mo
Utilities
Hydro / electricity	$900	$75/mo
Gas	$1,500	$125/mo
Water & sewer	$720	$60/mo
Internet / TV / phone	$840	$70/mo
Maintenance & upkeep
Maintenance reserve (1.0%)	$4,100	$342/mo
Condo fees
Condo / HOA fees	$5,147	$429/mo
Closing costs (one-time)
Legal / lawyer(closing)	$2,500	$208/mo
Home inspection(closing)	$600	$50/mo
Moving costs(closing)	$2,000	$167/mo
Total	$45,974	$3,831/mo

Listing facts below · Ontario averages for utilities — drag sliders to match your home. CMHC added to loan principal only — not double-counted in chart.

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Unit 103

About this home

MyStreetValue™ Analysis

Property details

Rooms

Sales History

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Annual costs