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Property Type: Condo / ApartmentOwnership: CondominiumRECENTLY LISTED
25 PALACE Street Unit# P10
Kitchener, ON N2E0L3
MLS® 40873041
37
Walk Score
46
Transit
50
Bike
$390,000
2 bed2 bath1 parking906 sqft
37
Walk Score
46
Transit
50
Bike
Property Details
Property & Lot
- Sub-type
- Apartment
- Style
- Other
- Stories
- 2
M2
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Condominium
- Condo / maintenance fee
- $261/mo
- Annual property tax
- $3,060
Interior
- Basement
- None
- Heating
- Forced air
- Cooling / A/C
- Central air conditioning
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bedroom | Second level | 9'1'' x 10'6'' |
| 3pc Ensuite bath | Second level | — |
| Primary Bedroom | Second level | 12'7'' x 9'1'' |
| 4pc Bathroom | Second level | — |
| Laundry room | Second level | — |
| Living room/Dining room | Second level | 13'10'' x 10'6'' |
| Kitchen | Second level | 10'8'' x 10'0'' |
Description
Welcome to this brand new 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 neighborhood are the expanses of McLennan Park and Elmsdale Park, offering a tranquil escape or variety of outdoor activities. Within this main level unit, discover a meticulously crafted single-storey space spanning 920 square feet. Enjoy the expanse of two generously proportioned bedrooms with 2 bathrooms, as well as an ample living room, dining room, & kitchen. The primary bedroom enjoys the privacy of an ensuite bathroom with shower, and 2nd bedroom boasts its own balcony allowing ample natural light. 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. (id:63161)
Listing Information
- MLS®
- 40873041
- Data last synced
- October 27, 2026
Condo Culture Inc. - Brokerage 2
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: Condo Culture Inc. - Brokerage 2
MLS® Number: 40873041
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
$430/sqft
Building average
—
No other active listings in this building
333 - Laurentian Hills/Country Hills W average
$438/sqft
18 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% ($19,500) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$312,000.00
Periodic payment — Principal & Interest (monthly)$2,012.92
Additional monthly expenses (condo fees, tax, utilities, etc.)$561.11
Total monthly cost$2,574.03
Interest paid over 5-yr term$89,420.10
Balance at end of term$280,645.01
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,500
Stress test qualifying rate8.19%
Payment you must qualify for$2,872.76
Cash Needed at Closing
Minimum down payment$19,500
Estimated Land Transfer Tax (LTT)$4,325
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,325
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.
