D16-10 Palace St
Kitchener, Ontario N2E 0J3
- Bedrooms
- 2
- Bathrooms
- 2
- Size
- 0–499sq ft
- Per sq ft
- $792at the range’s middle
- Tax a year
- $2,9952026 tax year
- Parking
- 1none
- Days on market
- Members
The brief
About D16-10 Palace St
D16-10 Palace St is a 2-bedroom, 2-bathroom condo townhouse in Kitchener, listed for sale at an asking price of $395,000 (MLS® X13855834).
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.
Insights
Condition Score
Fair66/1004 condition-related facts documented
Source: Listing age, structured features and disclosed update language; not an inspection.
Cashflow Quality
Near break-even48/100−$298/mo against the cost of owning (20% down, 4.8%, 25 yrs)
Source: Median of 28 condos with 2 bedrooms for lease in Kitchener right now. Cost of owning counts the mortgage, property tax and the condo fee.
Condition uses listing-record signals, not an inspection.
The home
Key facts
- Tax
- $2,995 / 2026
- MLS® number
- X13855834
- Board
- TRREB MLS®
- Property Type
- Condo Townhouse
- Days on market
- Size
- 0-499 sqft
- Listed on
- Parking
- None, 1 Parking
Property details
Property
- Property Type
- Condo Townhouse
- Style
- Stacked Townhouse
- Municipality
- Kitchener
Building
- Size
- 0-499 sqft
- Construction
- Brick
Inside
- Bedrooms
- 2
- Bathrooms
- 2
- Bathroom Details
- 1 × 3pc Main, 1 × 4pc Main
- Basement Type
- None
- Kitchens
- 1
Parking
- Garage Type
- None
- Additional Parking
- 1
- Total Parking
- 1
Utilities
- Cooling
- Central Air
- Heating Type
- Forced Air
Additional
- Roof
- Flat, Tar and Gravel
- Fireplace
- No
- Den
- No
- Family room
- No
- Extras
- Built-in Microwave, Dishwasher, Dryer, Refrigerator, Stove, Washer, Window Coverings
- Condo maint.
- $345
Rooms
| Room | Size | Features | Level |
|---|---|---|---|
| Bathroom | 1.22 × 1.83 m | 3 Pc Bath | Main |
| Bathroom | 1.22 × 2.13 m | 4 Pc Bath | Main |
| Br | 4.88 × 2.44 m | — | Main |
| Kitchen | 4.57 × 1.83 m | — | Main |
| Living | 3.96 × 3.05 m | — | Main |
| Br | 4.88 × 2.74 m | — | Main |
Listing history
Buy/sell history for D16-10 Palace St, Kitchener, Ontario
Sale history on this site covers the last 2 years, the window permitted under the TRREB MLS® VOW agreement.
| Date Start | Date End | List Price | Price | Event | Listing ID |
|---|---|---|---|---|---|
| Date StartN/A | N/A | $395,000 | N/A | For Sale | X13855834 |
Members see the full history. Prices are hidden from signed-out visitors.
The numbers
Mortgage Calculator
Plan with the current asking price
CMHC insurance: not required at 20% down. Payments use Canadian semi-annual compounding.
Mortgage Details
4.8% · 5-year term · 25-year amortization · 20% down
- Total down payment
- $79,000
- Total mortgage amount
- $316,000
- Total interest payment
- $224,900
- Total purchase cost
- $619,900
- Mortgage payment
- $1,803/mo
Cash Flow Analysis
If you rented this home out at 20% down
Break-even down payment
33%Monthly carrying cost
$2,398- Rent $2,100
- Shortfall $298
Rental income opens at $2,100, the median asking rent of 28 comparable homes for lease in Kitchener. Type over it with the rent you expect. This is a planning tool, not advice.
Land transfer tax on this home
- Ontario land transfer tax
- $4,400
- Total land transfer tax
- $4,400
- First-time buyer rebates (Ontario up to $4,000)
- −$4,000
- Total for first-time buyers
- $400
See how this is worked out
- 0.5% on the first $55,000
- $275
- 1.0% from $55,000 to $250,000
- $1,950
- 1.5% from $250,000 to $395,000
- $2,175
- Ontario total
- $4,400
An estimate at the asking price, for a home with one or two single-family residences. Your lawyer confirms the exact amount.
Estimate
Estimated value requires sign in
Market estimates use sold comparables and are available after you sign in and accept MLS® VOW terms.
The estimate is an automated value built from public and MLS® data. It is not an appraisal; ask Kassaundra Dobson, Broker of Record for a full comparative market analysis.
Comparable sales
Comparable sales require sign in
Closing prices and sold comps are available to registered visitors who accept MLS® VOW terms on this site.
The market
Condos for sale in Kitchener right now
- For sale now
- 115
- Median asking price
- $475K
- New in 7 days
- 10
- Price cuts
- 23%
Middle half: $410K to $530K
45 in 28 days
27 listings
This home is asking 17% below the median, lower than three quarters of them.
See all homes in KitchenerAsking prices and counts of the MLS® listings on this site as of today. Asking figures only, never sold or leased prices.
Market area · filters apply to the charts below
The street
Transit nearby
| Station | Lines | Distance |
|---|---|---|
| Mill | GRT light rail: ION light rail | 1.8 km |
| Block Line | GRT light rail: ION light rail | 2.4 km |
| Borden | GRT light rail: ION light rail | 2.6 km |
| Kitchener Market | GRT light rail: ION light rail | 2.8 km |
| Kitchener GO | GO Transit train: Kitchener | 3.7 km |
The nearest subway, light rail, train, bus rapid transit stations 5 km, as the crow flies. Source: GO Transit schedule data (GTFS) from Metrolinx under the Open Government Licence – Ontario – Metrolinx; GRT ION stops map layer from the Region of Waterloo under the Region of Waterloo Open Data Licence, downloaded October 18, 2026. Data used in this product or service is provided with the permission of Metrolinx. Metrolinx makes no representations or warranties of any kind, express or implied, with respect to the Data and assumes no responsibility for the accuracy or currency of the data used in this product or service. Contains information licensed under the Open Government Licence – Ontario – Metrolinx. Contains information provided by the Regional Municipality of Waterloo under licence.
Schools nearby
| Elementary | Type | Distance | EQAO average 2024–25 |
|---|---|---|---|
| Monsignor Haller Catholic Elementary SchoolWaterloo CDSB | Catholic · grades JK–8 | 450 m | 59%Grade 6 average |
| Trillium Public SchoolWaterloo Region DSB | Public · grades JK–6 | 600 m | 67%Grade 6 average |
| Alpine Public SchoolWaterloo Region DSB | Public · grades JK–6 | 1 km | 80%Grade 6 average |
| ÉÉC Cardinal-LégerConseil scolaire catholique MonAvenir | French-language Catholic · grades JK–6 | 1.9 km | 61%Grade 6 average |
| Secondary | Type | Distance | Grade 9 math 2024–25 |
|---|---|---|---|
| St Mary's High SchoolWaterloo CDSB | Catholic · grades 9–12 | 2 km | 48%Grade 9 math |
| Forest Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.4 km | 48%Grade 9 math |
| Cameron Heights Collegiate InstituteWaterloo Region DSB | Public · grades 9–12 | 2.7 km | 74%Grade 9 math |
| École secondaire David Saint-JacquesConseil scolaire Viamonde | French-language public · grades 9–12 | 6.5 km | 70%Grade 9 math |
EQAO: share of students at or above the provincial standard, 2024–25 (Ontario open data). These are the schools nearest this home, not the schools it is assigned to: boundaries change, and some schools take students by application. Confirm with the board before you buy. Contains information licensed under the Open Government Licence – Ontario.
The verdict
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