K1 - 40 PALACE STREET, Kitchener

$2,000/mo

For rent: Townhouse

Townhouse at K1 - 40 PALACE STREET, Kitchener
Property type
Condo Townhouse
Bedrooms / bathrooms
2 bedrooms, 2 bathrooms
Living area
1,199 sqft
MLS®
MLS® X14030528

Available for lease any time, this carpet-free 2-bedroom, 2-bathroom ground level townhome features a bright, open-concept layout with a modern kitchen and a welcoming living space. Both bedrooms are conveniently located on the same level, with the primary bedroom offering its own private ensuite. There is a second bedroom and another full-bathroom. Enjoy the added convenience of in-suite laundry and an exclusive surface parking space. Step outside to your own sunken patio space, an ideal spot for morning coffee, or unwinding at the end of the day. Situated in the desirable Alpine community, this home is within walking distance of McLennan Park, where you'll find walking trails, playgrounds, splash pads, and an off-leash dog park. Shopping, schools, restaurants, and major highways are also nearby, putting everything you need within easy reach. A great place to call home, with the space, features, and location to make everyday living enjoyable!

Sold data

Townhouse homes in Kitchener — recent sold market

Townhouse homes in Kitchener took a median of 22 days to sell over the last 90 days, with the quickest quarter selling within 16 days and the slowest quarter taking more than 40, across 82 recorded sales.

That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 41 days.

The median sale price was $554,990.

Homes sold for about 1.4% below asking on average, so there was room to negotiate.

About 35% of sales closed above the list price.

Around 20% of sellers reduced their price before finding a buyer.

Median days to sell
23
Median sale price
$554,990
Sale-to-list ratio
98.6%
Sold above asking
35%

Based on 82 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.

Schools

Schools in Kitchener

Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.

Rated schools
66
Elementary
57
Secondary
9
Average rating
5.8 / 10

Top-rated schools in Kitchener

  • David Saint-Jacques — secondaryFraser rating 8.4/10
  • St. Josephine Bakhita — elementaryFraser rating 7.9/10
  • J W Gerth — elementaryFraser rating 7.7/10
  • Pope John Paul II — elementaryFraser rating 7.6/10
  • St Teresa — elementaryFraser rating 7.6/10
  • Cameron Heights — secondaryFraser rating 7.5/10

School ratings from the Fraser Institute's Ontario school report cards.

Currently for sale

Homes for sale near K1 - 40 PALACE STREET