10 Palace St N D10
Kitchener, N2E 0J3
FOR SALE
$399,000
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BEDROOMS2
BATHROOMS1
KITCHENS5
ROOMSX11960370
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Property Description
Welcome to this beautifully updated 2-bedroom, 2-bathroom townhome, ideal as a starter home or investment property. Just 2 years old, it features upgraded stainless steel appliances and an abundance of natural light. Both bedrooms and the balcony offer open, scenic views. Located in the highly desirable Kitchener community, with easy access to Highway 401 and public transit, providing a convenient connection to downtown Kitchener. Plus, you're close to top-rated schools and beautiful parks, making it perfect for families or those seeking a vibrant neighborhood.The Listing brokerage does not warrant the measurement of the rooms.
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Property Details
Street
City
Property Type
Condo Townhouse, 3-Storey
Approximate Sq.Ft.
700-799
Taxes
$2,507 (2024)
Basement
None
Exterior
Brick, Vinyl Siding
Heat Type
Forced Air
Heat Source
Gas
Air Conditioning
Central Air
Parking 1
Owned (1)
Garage Type
Surface
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Room Summary
| Room | Level | Size | Features |
|---|---|---|---|
| Kitchen | Main | 9.84' x 11.48' | |
| Dining | Main | 8.89' x 18.18' | |
| Living | Main | 8.89' x 18.18' | |
| Prim Bdrm | Main | 9.97' x 9.28' | |
| 2nd Br | Main | 11.98' x 8.30' |
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Kitchener Market Statistics
Kitchener Price Trend
10 Palace St N D10 is a 2-bedroom 2-bathroom townhome listed for sale at $399,000, which is $100,949 (20.2%) lower than the average sold price of $499,949 in the last 30 days (January 21 - February 19). During the last 30 days the average sold price for a 2 bedroom townhome in Kitchener declined by $37,908 (7.0%) compared to the previous 30 day period (December 22 - January 20) and up $45,878 (10.1%) from the same time one year ago.Inventory Change
There were 19 2-bedroom townhomes listed in Kitchener over the last 30 days (January 21 - February 19), which is down 32.1% compared with the previous 30 day period (December 22 - January 20) and up 46.2% compared with the same period last year.Sold Price Above/Below Asking ($)
2-bedroom townhomes in Kitchener typically sold $0 (0.0%) below asking price over the last 30 days (January 21 - February 19), which represents a $10,571 increase compared to the previous 30 day period (December 22 - January 20) and ($4,914) more than the same period last year.Sales to New Listings Ratio
Sold-to-New-Listings ration (SNLR) is a metric that represents the percentage of sold listings to new listings over a given period. The value below 40% is considered Buyer's market whereas above 60% is viewed as Seller's market. SNLR for 2-bedroom townhomes in Kitchener over the last 30 days (January 21 - February 19) stood at 21.1%, down from 25.0% over the previous 30 days (December 22 - January 20) and down from 161.5% one year ago.Average Days on Market when Sold vs Delisted
An average time on the market for a 2-bedroom 2-bathroom townhome in Kitchener stood at 8 days when successfully sold over the last 30 days (January 21 - February 19), compared to 57 days before being removed from the market upon being suspended or terminated.Listing contracted with Royal Lepage Signature Realty
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