M14 - 40 PALACE STREET, Kitchener

$2,350/mo

For rent: Townhouse

Townhouse at M14 - 40 PALACE STREET, Kitchener
Property type
Condo Townhouse
Bedrooms / bathrooms
3 bedrooms, 3 bathrooms
Living area
1,199 sqft
MLS®
MLS® X14167024

Modern Stacked Corner Unit townhome, only 1 year Almost brand new for Lease in Prime Kitchener location close to many Amenities and the highways! This beautifully and rarely Available 3-bedroom, 3-bathroom townhome offers the perfect blend of modern design and everyday convenience. Featuring 9-ft ceilings, abundant natural sunlight, and two private open balconies, this home is ideal for tenants searching for modern townhomes for rent which is easy on the eyes and lovely to live in! Walking in, your are immediately enchanted by the open concept feel, including the stunning kitchen which includes stainless steel appliances and quartz countertops, modern backsplash and convenient Large island. Further to the Open Concept layout with a large living room with soaring 10 ceilings and plenty of of light, especially from the first of two open balconies! A spacious Dining area as well on the 2nd level as well as a nice bedroom with modern powder room beside it. The Upper level includes 2 spacious rooms, 2 full bathrooms and a laundry area. The primary bedroom boasts a large picture window with an open balcony, a Walk in closet and lovely 3 piece bathroom with a glass shower. The final bedroom is also upstairs with another 4 piece bath with a tub and spacious laundry right by it. Modern Vinyl Flooring throughout! Comes with a very close to the unit parking spot. Located in a highly desirable neighborhood close to transit, shopping, and major routes, this property is perfect for professionals, couples, or small families. Available either January 1 or February 1 2026. This is a great opportunity for those searching 3 bedrooms rental in Kitchener, Ontario, or a modern townhome near GTA commuter routes. Very Close to Highway 8 and 7, and not far from downtown with a short drive. Plenty of schools in the area as well as parks, shopping, transit and more! Show and lease with confidence!

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 39, across 79 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 $564,900.

Homes sold for about 1.3% below asking on average, so there was room to negotiate.

About 38% of sales closed above the list price.

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

Median days to sell
22
Median sale price
$564,900
Sale-to-list ratio
98.7%
Sold above asking
38%

Based on 79 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 M14 - 40 PALACE STREET