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Property Type: TownhouseOwnership: Condominium
D16 - 10 PALACE STREET
Kitchener, ON N2E0J3
MLS® X13855834
$395,000
2 bed2 bath1 parking
Property Details
Property & Lot
- Sub-type
- Row / Townhouse
M2
Ownership & Fees
- Property type
- Townhouse
- Ownership
- Condominium
- Condo / maintenance fee
- $345/mo
- Annual property tax
- $2,994.78
Interior
- Basement
- None
- Heating
- Forced air, Natural gas
- Cooling / A/C
- Central air conditioning
- Fireplace
- None
- Appliances
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| Bathroom | Main level | — |
| Bathroom | Main level | — |
| Bedroom | Main level | — |
| Kitchen | Main level | — |
| Living room | Main level | — |
| Bedroom | Main level | — |
Description
Welcome to 10 Palace. Beautiful modern condo complex conveniently located adjacent to Ottawa St and all it's amenities. Sandwiched between two large parks. Nearby schools, shopping, restaurants and trails. Great location for any lifestyle. Very close to Hwy 8 access. This unit boasts easy access to your private entry and a patio for early morning coffee. A well lit entryway opens up to your open concept main living space and generous kitchen with lots of prep space and very modern finishes and stainless appliances. Modern lighting and 2 large bathrooms round out this two bedroom unit. In suite laundry is easily accessible and the oversize windows and patio give even more natural light. (id:63159)
Listing Information
- MLS®
- X13855834
- Data last synced
- October 7, 2026
SHAW REALTY GROUP INC.
Data source: CREA DDF.
CREA DDF® ListingListing Brokerage: SHAW REALTY GROUP INC.
MLS® Number: X13855834
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 Toronto Regional Real Estate Board.
Values & Trends
This listing
—
Building average
—
No other active listings in this building
Kitchener average
$363/sqft
214 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% ($19,750) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Net mortgage (loan + CMHC insurance)$316,000.00
Periodic payment — Principal & Interest (monthly)$2,038.72
Additional monthly expenses (condo fees, tax, utilities, etc.)$594.94
Total monthly cost$2,633.66
Interest paid over 5-yr term$90,566.51
Balance at end of term$284,243.02
Rates based on Bank of Canada benchmark data.
Financial Summary
Minimum down payment$19,750
Stress test qualifying rate8.19%
Payment you must qualify for$2,909.59
Cash Needed at Closing
Minimum down payment$19,750
Estimated Land Transfer Tax (LTT)$4,400
Legal / closing costs (typical estimate)$1,500
Total cash needed$25,650
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.
