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$289,900
Kitchener
#M11 40 PALACE Street, Kitchener, Ontario, N2E0J3
This 1-bedroom, 1-bathroom condo in Kitchener is for sale offering roughly 560 sq ft of space. Listed at $289,900, it is attractively priced about 27% below the $399,500 median asking price in Kitchener. It has been on the market 20 days, fresher than the Kitchener average of 53 days.
Introducing a newly built condominium townhome in Kitchener’s sought-after Parkside community—a neighbourhood where thoughtful urban design meets the quiet charm of suburban living. Set against the backdrop of McLennan and Elmsdale Parks, this location offers both a serene escape into nature and an abundance of recreational options just moments from your doorstep. This lower-level residence presents a well appointed single-storey layout encompassing 560 square feet of carefully considered space. The open-concept living and dining area invites effortless flow and natural light, complemented by a spacious bedroom and a functional, modern kitchen. Step outside to a large private terrace —ideal for open air dining or quiet reflection in a peaceful, outdoor setting. Positioned for effortless connectivity, the home is just a two-minute drive from HWY 7/8, offering direct access to regional and intercity travel. For those relying on public transit, a convenient stop is located immediately outside, making your daily commute smooth and accessible. Only a short five-minute walk away lies Laurentian Power Centre, where everyday essentials and lifestyle amenities converge. Whether picking up groceries at Zehrs, tackling home projects with supplies from Lowe’s, or accessing health services at the local walk-in clinic, this address places every convenience within easy reach. (id:66096)
Room details as supplied by the listing brokerage. Dimensions are shown in the unit the listing states, and are approximate.
Features and services as supplied by the listing brokerage.
Active: 20 days on market, against an average age of 53 days across the listings currently for sale in this city
Homes here sell faster than most markets
Sold homes in this market spent an average of 31 days on the market over the past year, against a median of 48 days across the markets we publish.
Homes here sell close to asking price
Homes in this market sold for an average of 100.7 percent of their asking price over the past year, above the 96.4 percent median across the markets we publish.
This 1-bed single family in Kitchener has been listed for 20 days, which is 33 days fresher than the city average of 53. Act while there is still low competition.
Approximate location — exact address confirmed upon showing
This home lists at $289,900, about 3.1× the local median household income of $93,000.
Carrying it typically needs a household income of about $56,628 (20% down, 25-yr amortization, stress-tested) — within reach of the area median.
Source: Statistics Canada, 2021 Census (FSA N2E)
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Loading rates, 30-yr amortization
Cash Needed to Close
Rates via our partner mortgage brokers at iShopRates · Estimates only, not financial advice