$369,000
For sale: Apartment

Welcome to Unit 302 at 1000 Lackner Place - a modern 1 bedroom, 1 bathroom condo offering a smart layout and strong investment potential in one of Kitchener's growing communities. This bright, open-concept unit features large windows, a private open balcony, and quality finishes throughout. The contemporary kitchen includes stainless steel appliances (fridge, stove, over-the-range microwave, and dishwasher), along with the convenience of in-suite washer and dryer.Located in a well-managed building with amenities such as a party/multipurpose room, secure entry, and visitor parking, this property offers low-maintenance living ideal for both end-users and tenants. Situated close to shopping, restaurants, parks, and trails, with convenient access to Ottawa Street and Highway 7/8, ensuring excellent connectivity across the Waterloo Region.A great opportunity for investors seeking a turnkey unit in a high-demand rental area, as well as first-time buyers or downsizers looking for modern, hassle-free living.
Sold data
Apartment homes in Kitchener took a median of 54 days to sell over the last 90 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 85, across 57 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.
The median sale price was $329,900.
Homes sold for about 3.3% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 33% of sellers reduced their price before finding a buyer.
Based on 57 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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