1100 Lackner Place S 116, Kitchener

$450,000
1100 Lackner Place S 116

$450,000

New
22d
Condo ApartmentApartment

1100 Lackner Place S 116, Kitchener

Total Monthly Obligation $2,389

HausQ Valuation Report
Beds
1
Baths
1
Park
1
Sqft
600-699
DOM
22d
Score
19
Yield
4.6%
Cash on Cash
-5.8%
Cap Rate
3.3%
5Y IRR
11.0%
10Y IRR
11.0%
Property Type-Condo Apartment
MLS® Number-X13849472
Beds-1
Bathrooms-1
Size-600-699 sqft
Listed on site-Oct 1, 2026
Style-Apartment
Building Type-Condo Apartment
Age-New
Maintenance-$374/mo
Locker-Ensuite
Parking-1 - Other
Basement-None
Heating-Forced Air (Gas)
Brokerage-CENTURY 21 PROPERTY ZONE REALTY INC.
Cooling-Central Air
Laundry-Yes
Fireplace-No
Pool-None
Exterior-Brick
Possession-Flexible
Title-Residential Condo & Other

No agent assigned

Modern, convenient, and move-in ready living awaits! Discover Unit 116 at 1100 Lackner Place,ideally located in Grand River South, Kitchener. This well-designed 1-bedroom, 1-bathroom condofeatures an open-concept living area, modern kitchen, ensuite laundry, and bright south-facingexposure. With one parking space and excellent access to shopping, dining, parks, transit,schools, and major highways, this home offers an ideal combination of comfort and conveniencefor homeowners and investors alike.

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(utilities, internet...)
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%
%

Closing Costs

Mortgage Amount
$360,000
Land Transfer Taxes$5,475
Legal Fees (Est.)
$
Total cash required for closing$96,975

Total Monthly Obligation

$2,389/mo
Mortgage $1,815
Monthly Loss $1,912
Principal$478
Interest$1,338
Condo Fees$374
Home Insurance$50
Variable Costs$150
Returns
Weight: 25%
Cap Rate
2.6%16
Cash-on-Cash
-10.4%1
5-Year IRR
7.5%21
10-Year IRR
8.7%
Returns Index
11.6/ 100
Growth Sentiment
Weight: 20%
%/yr
Score+50
%/yr
Score+50
%
%
Growth Index
50.0/ 100
GradeD
19/ 100
Avoid•Pass

Strategy: Buy & Hold — Weights: CFI 35% · RI 25%
RKI 20% · GI 20%

Assumptions & Inputs
$/mo
%
$
yr
%
Cash Flow
Weight: 35%
Gross Rent
$20,712/yr
NOI
$11,753/yr
Net Cash Flow
-$836/mo
Cash Margin
-48.4%0
Cash Flow Index
0.0/ 100
Risk Profile
Weight: 20%
DSCR
0.546
LTV Ratio
80.0%18
Vacancy Buffer
4.0 mo70
Risk Index
31.1/ 100

*This analysis is independently generated NOT provided by TREB or CREA.

Comparables

Properties near 1100 Lackner Place S 116

Time

Comparables are calculated within a 3km radius based on properties sold or leased within the past 6 months. This helps you understand the current market value and potential rental yield with high precision.

Data is provided courtesy of PropTx.

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Listing information is deemed reliable but not guaranteed accurate by PropTx or TRREB.

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Data last updated within the past 24 hours.