
M15 - 40 PALACE Street
Kitchener
2 bed • Single Family
Welcome to this brand new 2-bedroom condominium townhome in Kitchener’s desirable Parkside community, where modern convenience meets a welcoming, family-friendly neighbourhood. Ideally situated near McLennan Park and Elmsdale Park, residents can enjoy easy access to green space, walking trails, and outdoor recreation. This single-storey main level unit offers approximately 961 sq. ft. of thoughtfully designed living space, featuring a bright and open-concept living and dining area that seamlessly connects to a modern kitchen—perfect for both everyday living and entertaining. Step out onto your private balcony, extending your living space outdoors. The layout includes two well-sized bedrooms, including a primary suite complete with walk-in closet and private ensuite, along with a second full bathroom for added convenience. Clean lines and efficient design create a comfortable, functional flow throughout the home. Upgraded finishes include quartz countertops, Whirlpool/Blomberg appliance package, soft-close cabinetry, laminate flooring throughout, and contemporary kitchen detailing, offering a stylish and move-in-ready space. Located just two minutes from HWY 7/8, commuting is simple and efficient, while public transit is right outside your door. A short 5-minute walk to Laurentian Power Centre provides access to groceries, dining, retail, and essential services—everything you need within reach. Enjoy the ease of single-level living in a connected and growing community—Parkside living at its finest.
Price History
Schools
Elementary
- Monsignor Haller Catholic Elementary School0.5 km
Catholic · Waterloo CDSB · 400 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Trillium Public School0.8 km
Public · Waterloo Region DSB · 215 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 30% met the provincial standard
- Alpine Public School0.8 km
Public · Waterloo Region DSB · 285 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 59% met the provincial standard
Secondary
- St Mary's High School1.7 km
Catholic · Waterloo CDSB · 2240 students
Grade 10 literacy: 94% met the provincial standard
- Cameron Heights Collegiate Institute2.5 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% met the provincial standard
- Forest Heights Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
Straight-line distance. Nearby schools are not necessarily the assigned schools — confirm catchment with the school board. Scores are EQAO provincial test results for 2024-2025.
Community
Postal area N2E
- Population
- 40,428
- Private dwellings
- 14,544
- Median age
- 36.4
- Average household size
- 2.8
- Median household income
- $93,000
Source: Statistics Canada, 2021 Census of Population, catalogue 98-401-X2021013. Adapted from Statistics Canada. This does not constitute an endorsement by Statistics Canada of this product.
Local market
Single Family in Kitchener · last 12 months
- Median sold price
- $665,000
- Homes sold
- 1,932
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,932 recorded sales of single family properties in Kitchener over the last 12 months.
Location
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