$369,900
For sale: Apartment

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.
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 Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 92 days.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.
Currently for sale

$365,622
Apartment322 - 1100 LACKNER PLACE, Kitchener

$389,000
Apartment514 - 247 NORTHFIELD DRIVE E, Waterloo

$398,000
Apartment502 - 265 WESTCOURT PLACE, Waterloo

$425,000
Apartment608 - 181 KING STREET S, Kitchener

$409,000
Apartment403 - 1522 KING STREET E, Kitchener

$450,000
Apartment710 - 128 KING STREET N, Waterloo

$479,900
Apartment1302 - 104 GARMENT STREET, Kitchener

$510,000
Apartment2 - 318 SPRUCE STREET, Waterloo