HN
1000 Lackner Boulevard 507, Kitchener, ON N2A 0L9, Kitchener, ON
+19 photos
$379,900

1000 Lackner Boulevard 507, Kitchener, ON N2A 0L9, Kitchener, ON

Kitchener, ON N2A 0L9
1 bed 1 bath Condo Apartment

About this home

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.

Property Score

62/ 100
Overall Property Score
good

A blend of both buyer and investor metrics.

Score breakdown
Walkability
60/100good
Score based on neighborhood density, downtown proximity, and walkable amenities.
Transit Access
75/100great
GO Transit, LRT, and bus access from this neighborhood.
Schools
75/100great
Based on local school rankings (Fraser Institute proxy).
Affordability
51% of city avgexcellent
Priced below Kitchener's average of $745,000.
Appreciation Trend
+1.7%/yrgreat
Kitchener has seen +1.7% YoY price change.
Monthly Cash Flow
-$1,012/mopoor
Estimated -$1,012/mo at 20% down, 5% rate, 25-yr amortization.
Cap Rate
2.42%fair
Net operating income divided by purchase price.
Basement Suite Potential
Not viablepoor
This property type typically can't add a basement suite.
Move-In Ready
Avggreat
Estimate. Use the listing description and photos to assess actual condition.
MLS® # X13092154
Listings displayed are for informational purposes only and are believed to be accurate but are not guaranteed. MLS®, REALTOR®, and the associated logos are owned by The Canadian Real Estate Association (CREA). MLS® data is provided courtesy of the Toronto Regional Real Estate Board (TRREB) and is for personal, non-commercial use only. Cityscape Real Estate Ltd., Brokerage.