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Property Type: TownhouseOwnership: Condominium
10 PALACE Street Unit# C8
Kitchener, ON N2E0J3
MLS® 40857483
$380,000
2 bed2 bath1 parking0 sqft
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
- Stories
- 0
M2
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $347/mo
- Annual property tax
- $2,994.78
Maintenance Fee Includes
Also included: Insurance, Other, See Remarks
Interior
- Basement
- None
- Heating
- Forced air
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 3pc Bathroom | Basement | — |
| 3pc Bathroom | Basement | — |
| Bedroom | Basement | 11'2'' x 9'10'' |
| Bedroom | Basement | 12'9'' x 8'3'' |
| Kitchen | Basement | 12'0'' x 8'0'' |
Description
This could be your opportunity to get into the market with a home that offers the space, convenience and low maintenance lifestyle to make homeownership feel within reach. Featuring 2 bedrooms, 2 bathrooms, a bright open concept layout, modern finishes, in suite laundry, private outdoor space and 1 parking spot. Enjoy having shopping, dining, transit, trails and everyday essentials close by, while quick access to Highway 7/8 and Highway 401 makes commuting throughout Kitchener-Waterloo and beyond easy. Flexible move in date that is ready and well suited for first time buyers, young professionals or anyone looking to make the transition from renting to building equity in a home of their own. (id:63159)
Listing Information
- MLS®
- 40857483
- Data last synced
- September 15, 2026
ADANA HOMES A CANADIAN REALTY INC., BROKERAGE
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: ADANA HOMES A CANADIAN REALTY INC., BROKERAGE
MLS® Number: 40857483
Listing data is sourced from CREA DDF®, the Canadian Real Estate Association (CREA) Data Distribution Facility. Listing information is deemed reliable but is not guaranteed accurate by CREA or the listing brokerage. Data provided courtesy of Cornerstone Association of REALTORS®.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
333 - Laurentian Hills/Country Hills W average
$356/sqft
38 active listing(s)
Parking: 1 stall(s) includedStorage locker: Not indicated
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Kitchener-Waterloo
4°C
Mist
Humidity 97%
Wind N 4 km/h
Tonight
6°
Thursday
19°
Thursday night
6°
Friday
12°
Friday night
-2°
Saturday
14°
Source: Environment and Climate Change Canada.
Population
256,885
(2021 Census)
+10.1% since 2016
Similar Listings Nearby
Similar active properties nearby based on property type, price, and size.
Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($19,000) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$304,000.00
Periodic payment — Principal & Interest (monthly)$1,961.30
Additional monthly expenses (condo fees, tax, utilities, etc.)$596.57
Total monthly cost$2,557.87
Interest paid over 5-yr term$87,127.27
Balance at end of term$273,448.98
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,000
Stress test qualifying rate8.19%
Payment you must qualify for$2,799.10
Cash Needed at Closing
Minimum down payment$19,000
Estimated Land Transfer Tax (LTT)$4,175
Legal / closing costs (typical estimate)$1,500
Total cash needed$24,675
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Land Transfer Tax is the Ontario provincial schedule, before any first-time buyer refund; only the City of Toronto charges a municipal land transfer tax on top, so none applies in the areas this site covers (Ontario Ministry of Finance, ontario.ca/document/land-transfer-tax, as of October 28, 2026). Verify all figures with a mortgage broker and lawyer before relying on them.