Why investors are targeting separate-apartment townhomes
Two living spaces, one mortgage
The main home and the legal secondary suite are financed together, but only one carries a mortgage payment. The suite's rent applies directly against it.
Kitchener-Waterloo rental demand
Students, health-care and tech workers keep suite vacancy low across the region year-round, supported by the University of Waterloo, Conestoga College and a large tech employer base.
New-build cost certainty
A builder-permitted suite avoids retrofit costs, permit delays and code risk that come with converting an existing basement into a legal rental.
Wider exit market
At resale a separate-apartment townhome appeals to investors, multi-generational families and end users who want a mortgage helper — three buyer pools instead of one.
Building your ROI model
A realistic model for a Lackner Ridge separate-apartment townhome starts with the purchase price, your down payment and current rates, then subtracts the suite's monthly rent from the total carrying cost (mortgage, taxes, insurance, utilities and any condo/POTL fees). What's left is your true net monthly cost — typically far below a comparable townhome with no suite.
Layer in principal paydown and long-term appreciation in the Kitchener-Waterloo corridor, and the separate apartment usually produces a materially better return than a single-occupancy townhome at the same price point.
Get the rental income ROI package. Register below for current suite rent comparables, a carrying-cost worksheet and the list of Lackner Ridge plans and lots released with the separate finished apartment.
Illustrative only. Rents, rates, lender treatment and suite availability vary and are not guaranteed. Confirm all details on your agreement of purchase and sale. E. & O.E.
Register for VIP Pricing & Floor Plans
Get VIP pricing and floor plans for Lackner Ridge Townhomes delivered to your inbox.
Call Us
289.400.0110
Info@condocircle.ca
Location
1400 Lackner Place
Kitchener, Ontario
Get VIP Access
Complete the form below and we'll send your floor plans and pricing information to your email and text shortly.