10 PALACE Street Unit C11, Kitchener

Price: $351,000

2 bedrooms, 2 bathrooms

1,000 sqft

Property Type: Condo

MLS#: X13451028

**Knock Knock ! Who's There ? Your Dream Home Unit C11 At 10 Palace Street in KITCHENER ! Welcome To This Stylish 3 Story Stacked Townhouse ,Offering Modern Finishes , a Bright Open - Concept Layout With 2 Generous Bedrooms-2 Bathrooms One car parking ,Also Two Private Balconies Offer The Perfect Space To Enjoy for Your Morning Coffee Or Relax And Unwind In The Evening . The Main Level offers A Bright Open-Concept Layout, Anchored By A Contemporary kitchen With Quartz Countertops, Stainless Steel Appliances, And A Functional Island. In-Suite Laundry Adds Everyday Convenience.*This Low-Maintenance Home Is Perfect For First-Time Buyers, Downsize or Investor *Located just minutes from Hwy 7/8 and Hwy 401, you're within walking distance to shopping, dining, public transit, and walking trails. Don't miss this opportunity ! Tenant is Moving out JULY31ST.

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active
New Listing
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$351,000 - 10 PALACE Street Unit C11, Kitchener

Condo for Sale in Kitchener

New — Listed 2 days ago
2Beds
2Baths
1,000Sq Ft
Condo
Property Details
MLS Number
X13451028
Property Type
Condo
Status
active
Days on Site
2
Bedrooms
2
Bathrooms
2
Square Feet
1,000 sqft
Neighbourhood
Kitchener
Locker
None
Exposure
North
Balcony
Open
Listing Brokerage
RE/MAX REALTY SERVICES INC.
Description

**Knock Knock ! Who's There ? Your Dream Home Unit C11 At 10 Palace Street in KITCHENER ! Welcome To This Stylish 3 Story Stacked Townhouse ,Offering Modern Finishes , a Bright Open - Concept Layout With 2 Generous Bedrooms-2 Bathrooms One car parking ,Also Two Private Balconies Offer The Perfect Space To Enjoy for Your Morning Coffee Or Relax And Unwind In The Evening . The Main Level offers A Bright Open-Concept Layout, Anchored By A Contemporary kitchen With Quartz Countertops, Stainless Steel Appliances, And A Functional Island. In-Suite Laundry Adds Everyday Convenience.*This Low-Maintenance Home Is Perfect For First-Time Buyers, Downsize or Investor *Located just minutes from Hwy 7/8 and Hwy 401, you're within walking distance to shopping, dining, public transit, and walking trails. Don't miss this opportunity ! Tenant is Moving out JULY31ST.

Mortgage Calculator

Estimate your monthly payments for this property

Estimated Payment

$1,800.81/mo

Includes CMHC insurance ($9,793)

$
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5-yr fixed avg.

Principal: $315,900Interest: $214,551
Mortgage Amount$325,693
Total Interest$214,551
Est. Property Tax$249/mo
Total Cost$540,244

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 Unit C11, 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)
4.7%
Good

Monthly Cash Flow Breakdown

Rental Income+$2,360
Maintenance Fees-$650
Property Tax (est.)-$249
Insurance (est.)-$73
Net Cash Flow+$1,388

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 $351/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 Unit C11, Kitchener | $351,000 | Battaglia Team