
K9 - 40 PALACE Street
Kitchener, Ontario
2 bed • 2 bath • Single Family
Newly built and move-in ready, this beautifully maintained 2-bedroom, 2-bathroom lower-level suite at Parkside Urban Towns offers 1,046 sq. ft. of stylish, functional living directly across from McLennan Park. The bright open-concept layout features 9-foot ceilings, laminate flooring, and a modern kitchen with quartz countertops, subway tile backsplash, and stainless steel appliances. The living area opens to a private sunken patio, perfect for relaxing or outdoor dining. The spacious primary bedroom includes generous closet space and a 3-piece ensuite with a tiled glass shower, while the second bedroom is ideal for guests or a home office. Complete with a 4-piece main bathroom, in-suite laundry, and one surface parking space. Perfect for professionals, couples, downsizers, or anyone seeking a stylish, low-maintenance home. Conveniently located near trails, schools, shopping, restaurants, transit, and Highway 7/8. **Available from 1st September!**
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
- Forest Heights Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1555 students
Grade 10 literacy: 86% met the provincial standard
- Cameron Heights Collegiate Institute2.6 km
Public · Waterloo Region DSB · 1765 students
Grade 10 literacy: 90% 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
- 1,928
- Median days on market
- 20
- Sale-to-list price
- 100.9%
Based on 1,928 recorded sales of single family properties in Kitchener over the last 12 months.