
L3 - 40 PALACE Street
Kitchener, Ontario
2 bed • 3 bath • Single Family
Welcome to this brand new 2-Bed, 2.5 Bath condominium townhome in Kitchener's beautiful Parkside community, where convenience and community intertwine to create a haven for everyday living. Nestled next to this family-centric neighbourhood are the expanses of McLennan Park and Elmsdale Park, offering a tranquil escape or variety of outdoor activities. Within this upper unit, discover a meticulously crafted two storey space spanning over 1000 square feet. Enjoy the expanse of two generously proportioned bedrooms with two full bathrooms, a powder room on the main level, as well as an ample living room, dining room, kitchen with bathroom on the main level. Decor package upgrades such as quartz countertops and Whirlpool/Bloomberg appliance package, soft close cabinets, deep fridge upper cabinet with gable, and laminate flooring throughout. Venturing beyond the neighbourhood is effortless, with a two-minute drive to HWY 7/8, granting seamless access for commuters. Should you prefer the convenience of public transit, an onsite stop is just outside your doorstep, ensuring smooth journeys to any destination. Just a 5 minute walk away sits Laurentian Power Centre, boasting an array of amenities to cater to your every need. From a large Zehrs grocery store to home improvement essentials at Lowes, and healthcare services at the walk-in clinic, every convenience is within easy reach.
Price History
Schools
Elementary
- Monsignor Haller Catholic Elementary School0.6 km
Catholic · Waterloo CDSB · 400 students
Grade 3 reading: 79% met the provincial standard · Grade 6 math: 32% met the provincial standard
- Alpine Public School0.7 km
Public · Waterloo Region DSB · 285 students
Grade 3 reading: 73% met the provincial standard · Grade 6 math: 59% met the provincial standard
- Trillium Public School0.9 km
Public · Waterloo Region DSB · 215 students
Grade 3 reading: 75% met the provincial standard · Grade 6 math: 30% met the provincial standard
Secondary
- St Mary's High School1.6 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 Institute2.7 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
- 1,923
- Median days on market
- 20
- Sale-to-list price
- 101.0%
Based on 1,923 recorded sales of single family properties in Kitchener over the last 12 months.
Location
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