10 Palace Street, Kitchener

Price: $434,900

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13241108

This is the largest one level unit at Parkside Urban Towns! The 'Tanner' was a one-off due to the irregular corner restrictions of the development. The bonus for you? A huge living room/ kitchen area with 9' ceilings as well as the largest master suite and walk-in closet offered. Ideal for individuals or small families seeking urban convenience without sacrificing style. Upon entry, you discover an luminous living and kitchen area featuring upgraded stainless steel appliances and an elegant breakfast island featuring beautiful stone countertops. This cozy living space is large enough to hold a full sized sectional and TV unit fostering a cozy and inviting atmosphere. Down the hall past the in-suite laundry and nicely finished 4 piece bathroom, you'll find the two bedrooms offering even more space then other units with sunlight from the south-western exposure. The primary suite also features its own 3 piece ensuite, and did I mention the walk-in closet?? It is sure to impress! Situated in a vibrant neighborhood with tons of amenities and easy access to public transportation, this condo presents an unparalleled fusion of contemporary lifestyle and urban accessibility. Don't miss this opportunity!

10 Palace Street - Condo photo 1 of 17 in Kitchener, Ontario
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New Listing
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$434,900 - 10 Palace Street, Kitchener

Condo for Sale in Kitchener

New — Listed 5 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13241108
Property Type
Condo
Status
active
Days on Site
5
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
South West
Balcony
Open
Listing Brokerage
ROYAL LEPAGE WOLLE REALTY
Description

This is the largest one level unit at Parkside Urban Towns! The 'Tanner' was a one-off due to the irregular corner restrictions of the development. The bonus for you? A huge living room/ kitchen area with 9' ceilings as well as the largest master suite and walk-in closet offered. Ideal for individuals or small families seeking urban convenience without sacrificing style. Upon entry, you discover an luminous living and kitchen area featuring upgraded stainless steel appliances and an elegant breakfast island featuring beautiful stone countertops. This cozy living space is large enough to hold a full sized sectional and TV unit fostering a cozy and inviting atmosphere. Down the hall past the in-suite laundry and nicely finished 4 piece bathroom, you'll find the two bedrooms offering even more space then other units with sunlight from the south-western exposure. The primary suite also features its own 3 piece ensuite, and did I mention the walk-in closet?? It is sure to impress! Situated in a vibrant neighborhood with tons of amenities and easy access to public transportation, this condo presents an unparalleled fusion of contemporary lifestyle and urban accessibility. Don't miss this opportunity!

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$2,231.26/mo

Includes CMHC insurance ($12,134)

$
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5%10%50%

5-yr fixed avg.

Principal: $391,410Interest: $265,835
Mortgage Amount$403,544
Total Interest$265,835
Est. Property Tax$308/mo
Total Cost$669,379

Rates shown are estimates based on typical Ontario 5-year fixed rates. Canadian mortgages use semi-annual compounding as required by law. CMHC insurance applies to purchases under $1.5M with less than 20% down. Estimated property tax uses an approximate 0.85% rate. Contact us for current rate options and pre-approval.

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Neighbourhood Guide: Kitchener

Discover Kitchener

Kitchener is a vibrant community in the Greater Toronto Area, offering excellent amenities, schools, and transportation options. This area is popular with families and professionals seeking a balanced lifestyle with access to urban conveniences and natural spaces.

Why Live in Kitchener

  • Convenient location in Kitchener
  • Access to local shops and dining
  • Good public transit connections
  • Community parks and green spaces
  • Well-maintained neighbourhoods

Nearby Schools

Local Elementary SchoolPublic Elementary
Local Secondary SchoolPublic High School

Transit & Commuting

  • MiWay bus routes throughout the area
  • GO Transit stations within driving distance
  • Easy highway access to 401/403/QEW
  • Walking distance to local amenities

Parks & Amenities

  • Local parks and recreational facilities
  • Community centres
  • Shopping plazas nearby
  • Restaurants and cafes

Lifestyle & Community

Kitchener offers a wonderful quality of life with a mix of residential charm and urban convenience. Residents enjoy easy access to schools, parks, and shopping, making it an ideal location for families and professionals alike.

70
Walk Score
Varies
Price Range

10 Palace Street, Kitchener

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Investor Analysis

Rental income estimator & ROI calculator

Estimated Monthly Rent
$2,360/mo
Range: $2,006 - $2,714
Cap Rate (ROI)
3.6%
Fair

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$308
Insurance (est.)-$91
Net Cash Flow+$1,311

Note: These are estimates only. Actual figures may vary based on market conditions, property condition, and other factors. Consult with a financial advisor for personalized advice.

Joe Battaglia - Top Real Estate Agent in Mississauga, REMAX Realty Specialists

Joe's Thoughts

Honest perspective from 30+ years of GTA real estate experience

Competitive Pricing

At $435/sqft, this is priced below the area average. This could represent genuine value, but let's investigate why. In my experience, underpriced homes often have deferred maintenance, unfavourable layouts, or motivated sellers. I'll help you determine which it is.

Just Listed - Act Strategically

This property hit the market within the last week. In Kitchener's current market, desirable homes often receive multiple offers within 5-7 days. If you're seriously interested, I recommend booking a showing immediately. However, never let urgency override due diligence - we'll still do proper inspections.

Condo Considerations

For condos, I always review the status certificate thoroughly. Key things I look for: reserve fund health (should be well-funded), any upcoming special assessments, rules that might affect your lifestyle (pets, rentals, renovations), and the corporation's financial statements. We'll want to verify the monthly fees and what they include.

Let's See It Together

Photos only tell part of the story. During our showing, I'll point out things the camera doesn't capture: neighbourhood feel, natural light quality, traffic noise, and overall condition. I'll also share what comparable homes have sold for and help you craft a winning strategy if you decide to move forward.

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    10 Palace Street, Kitchener — $434,900 | Battaglia Team