Listed for:Listed Jul 10, 2026
$1,099,000

402 Palamino Place

Waterloo (Lexington), ON N2K 4K5

Detached House For Sale
Kim Karimi
Kim Karimi

Real Estate Broker

416-838-3031
Down Payment AssistanceGet Best Mortgage Rates

Sale & Price History for 402 Palamino Place, Waterloo, Lexington

No listing history available

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*Sold prices and complete sale & price history are regulated data. Under the Trust in Real Estate Services Act, 2002 (TRESA) and the rules of the Real Estate Council of Ontario (RECO), and pursuant to the Multiple Listing Service® rules of the Canadian Real Estate Association (CREA) and the Toronto Regional Real Estate Board (TRREB), this information may be shown only to registered users who have agreed to the applicable terms of use (a Virtual Office Website, or "VOW," arrangement). HOMEH Inc., Brokerage therefore provides it to signed-in members only. Creating an account is free and takes under a minute.

About 402 Palamino Place, Waterloo, Lexington

Summarized Description

  • Located on a rare cul-de-sac in Waterloo.
  • Proximity to Wilfrid Laurier and University of Waterloo.
  • Spacious main floor with 9-foot ceilings.
  • Entertainer's kitchen with large island.
  • Private backyard with walkout from family room.
  • Double-car garage and parking for four vehicles.
  • Updated powder room and large laundry room.
  • Generously sized bedrooms with walk-in closets.

Nestled in Lincoln Village West, one of Waterloo's most sought-after neighbourhoods, this well-cared-for home offers an exceptional blend of comfort, space, and convenience. Built in 2010 and ideally situated on a rare cul-de-sac, the location is truly second to none - just minutes from Wilfrid Laurier University, the University of Waterloo, Conestoga Mall, Grey Silo Golf Course, the Waterloo Recreation Complex, major highways, shopping, restaurants, coffee shops, and more. The main floor features a bright and spacious layout with 9-foot ceilings, beautiful front windows, and a well-appointed living and dining area. The entertainer's kitchen boasts a large island and opens to both the breakfast area and the spacious family room, which stretches across the back of the home and offers a walkout to the private backyard. A large laundry room and updated powder room complete the main level. Upstairs, the spacious primary suite features a large walk-in closet and a private ensuite. Three additional generously sized bedrooms, including two with walk-in closets, and a full bathroom complete the upper level. The home also includes a double-car garage and a double driveway with parking for up to four vehicles, plus the added benefit of no sidewalk to shovel in the winter. This is a wonderful opportunity to live in a thriving community that offers comfort, convenience, and the perfect place to create lasting memories. Pictures are Virtually Enhanced.

Key Facts & Features

Property Costs

Annual Property Tax Amount
$8,207
Land Transfer Tax Fee
$18,455

Rental Items

Rental Equipment
Hot Water Tank and Water Softener

Basement Type
Unfinished

Interior Features

Laundry Level
Main Level
Interior Extras
Auto Garage Door Remote, Sump Pump, Water Softener
Fireplace/Stove
Yes
Elevator
No

Exterior Features

Pool
Community
Property Features
Cul de Sac/Dead End, Park, School, Place Of Worship, Rec./Commun.Centre, Public Transit

Building

Building Type
Detached
Building Style
2-Storey
Approx Age
6-15

Construction

Exterior Finish
Brick, Aluminum Siding
Roof
Asphalt Shingle
Foundation Details
Poured Concrete
Special Designation
Unknown

Lot

Lot Front
55.17 ft
Lot Depth
104.67 ft
Lot Shape
Irregular

Inclusions

Inclusions
Stainless Fridge, Stove, Dishwasher, Washer/Dryer, All Window Coverings and Electric Light Fixtures, Garage Opener

Exclusions

Exclusions
Fridge and Freezer in Dining Room, Microwave in Kitchen, Freezer in Garage

Parking & Garages

Garage Type
Attached
Garage Spaces
2
Parking Spaces
4
Total Garage And Parking Spaces
6

Heating & Cooling

Heat Source
Gas
Heat Type
Forced Air
Air Conditioning
Central Air
Water
Municipal
Sewers
Sewer

Bedrooms
4
Washrooms
3
Kitchens
1
Family / bonus room
Yes

Room sizes

  • Bedroom 3—
    Second level, Walk-In Closet(s), Hardwood Floor
  • Breakfast—
    Main level, W/O To Yard, Eat-in Kitchen
  • Dining Room—
    Main level, Combined w/Living, Hardwood Floor
  • Foyer—
    Main level, Tile Floor
  • Powder Room—
    Main level, Tile Floor, 2 Pc Bath
  • Family Room—
    Main level, Fireplace, Overlooks Backyard, Hardwood Floor
  • Laundry—
    Main level, Tile Floor
  • Living Room—
    Main level, Overlooks Frontyard, Combined w/Dining, Hardwood Floor
  • Primary Bedroom—
    Second level, Walk-In Closet(s), 5 Pc Ensuite, Hardwood Floor
  • Kitchen—
    Main level, Open Concept, Centre Island, Pantry
  • Bedroom 2—
    Second level, Vaulted Ceiling(s), Hardwood Floor
  • Bathroom—
    Second level, 5 Pc Ensuite, Tile Floor
  • Bedroom 4—
    Second level, Walk-In Closet(s), Hardwood Floor
  • Bathroom—
    Second level, 4 Pc Bath, Tile Floor

Washrooms

  • 2-piece, Main
  • 4-piece, Second
  • 5-piece, Second

Municipality
Waterloo
Neighbourhood
Lexington
Main cross streets
University Ave E / Lexington Rd
Directions
SW of University Ave E / Lexington

MLS® number
X13547996
Data source
Toronto Regional Real Estate Board
Listed on
2026-07-10
Updated on
2026-09-29
Days on market
97 days
Possession type
Flexible
Co-op commission
2.0%
Seller
Listed by
ENVOY CAPITOL REALTY INC.

Home Market Value

Current home valuation for 402 Palamino Place, Waterloo, Lexington, Waterloo, ON. Listed for $1,099,000

HOMEH Estimate

?

$1,107,246

Estimated Sales Range

?

$874,724 - $1,339,768

HOMEH Estimate for 402 Palamino Place, Waterloo, Lexington

Calculated with a real agent's CMA method — 45+ years of experience, codified. Not an AI guess.

$1,107,246Medium confidence
Based on 7 comparable properties
− $8,246 (1%) below our estimate — Good deal!
See the full analysisFree Every recent nearby sale behind this number

Mortgage Payment Calculator

Compare up to 4 down payment scenarios

$
Waterloo, ON
Minimum Down Payment Required:7.7%

5% on first $500K + 10% on $599,000 over $500K

Minimum down payment

$84,900

Scenario 1 Scenario 2 Scenario 3 Scenario 4
−Down payment
%
$
%
$
%
$
%
$
+CMHC insurance
$40,531$30,662$26,156$0
=Total mortgage
$1,053,809$1,019,762$960,306$879,200
Amortization
Mortgage rate
%
%
%
%
Payment frequency
=Mortgage payment
$5,145monthly$4,979monthly$4,689monthly$4,293monthly
Are you a first time home buyer?

Land Transfer Tax

Provincial

$18,455

Total Land Transfer Tax

$18,455

Around this home

6/100Almost All Errands Require a Car
0/100Minimal Transit
0/100Not rated
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