402 Palamino Pl is a 4-bedroom, 2-bathroom detached home in Waterloo, listed for $1,049,000. It has 2500-3000 sq ft of living space.
1The 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.
2A large laundry room and updated powder room complete the main level.
3Upstairs, the spacious primary suite features a large walk-in closet and a private ensuite.
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.
4 bedrooms, 2 bathrooms, about 2,500 sq ft, works out to roughly $420 per square foot. Chat with Zara if you'd like a deeper read on whether this detached fits your budget and timing.
Inside 402 Palamino Pl
Every detail from the listing, in one place.
Type
Detached
Style
2-Storey
Living space
2500-3000 sq ftas stated on the listing
Parking
6 spacesYes garage
Basement
Unfinished
Features & systems
Parking & garage
Garage
Yes
Parking spaces
6
Interior
Basement
Unfinished
Exterior & construction
Pool
Yes
Lot & land
Lot size (sqft)
0
Listing & possession
Property style
2-Storey
Property class
Detached
402 Palamino Pl Price & Sale History
Earlier listings of this property, list-price changes, and the most recent annual property tax on the listing.
For saleListedThis listingMLS® X14156042$1,049,000
Sourced from MLS®. Includes earlier listings of this property on record.
What's it worth?
How 402 Palamino Pl Compares to the Waterloo Market
Zara compares it with recent sales of similar homes nearby. It's a guide, not an appraisal.
Independent mortgage broker · OAC · rates subject to change and underwritingMortgage Squad →
Referral disclosure: Summitly may refer you to Mortgage Squad Advisors, an affiliated mortgage partner. You are free to choose any lender or mortgage professional.
Monthly cost
Enter a rate to see the monthly cost
An estimate, not a quote. Utilities and insurance are extra.
Affordability calculator
Estimated monthly payment
$5,153
/mo
based on the purchase price of $1,049,000
$209,800 cash
$839,200 financed
$706,827 total interest
Principal54%$839,200
Interest46%$706,827
20% down · 25-yr amortization · 5.50% rate. Principal & interest only — taxes, condo fees, and insurance not included.
Want rate-drop alerts and a saved shortlist?
Figures are Summitly estimates for illustration only — not from TRREB or the MLS® feed, and not a mortgage approval, appraisal, or financial advice.
Rental income potential
Est. monthly rent
low–high
Gross yield
rent × 12 ÷ price
Cap rate (est.)
net of tax + fees
Summitly AI estimate for discussion only — not from TRREB or the MLS® feed, and not an appraisal or investment advice. Yield and cap rate are derived from the estimated rent versus the asking price.
For homeowners nearby
Own a home on Palamino Place? See what yours is worth
Get an instant estimate for your own home, based on recent sales around you. A free account shows the number and emails you the full report.
Free · No obligation · Backed by Coldwell Banker
Book a tour of 402 Palamino Pl with a licensed buyer's agent
Your agent is usually paid from the seller's side. We'll confirm the co-operating commission on this listing before you sign anything.
Zara, any time
Zara · AI virtual agent
Ask about 402 Palamino Pl day or night. Zara reads this listing and answers in plain words. When you want a person, she hands you to a licensed agent.
A licensed local agent
Your agent shows you the home, checks the paperwork and negotiates your offer, on your side, not the seller's.
Mortgage financing is arranged through Mortgage Squad Advisors. Summitly is the technology platform that powers this site. Estimated values, AI insights, calculator results, and rental projections shown on this page are generated by Summitly and are not provided by, reviewed by, or sourced from TRREB, the MLS®, or the listing brokerage; they are not appraisals or opinions of value. The trademarks REALTOR®, REALTORS®, and the REALTOR® logo are controlled by the Canadian Real Estate Association (CREA) and identify real estate professionals who are members of CREA. The Coldwell Banker® name and logo are trademarks of Coldwell Banker Real Estate LLC.
Similar homes for sale nearby in Waterloo
Other 3–4 bed homes for sale in Waterloo around $1.0M.
Average days on market32Homes sold in about 32 days on average.
Sale-to-list ratio100.1%On average, homes sold at or above asking.
Active listings370Homes for sale here right now.
Median vs prior 90 days−0.3%Compared with May 10 – Aug 8, 2026: prices down.
Based on 417 sales from Aug 8 – Nov 6, 2026 (303 in the prior 90 days). Aggregate MLS® figures for closed sales; individual sold prices are shown only to signed-in members.
Questions About 402 Palamino Pl
How much is 402 Palamino Pl listed for?
402 Palamino Pl is listed at $1,049,000 (MLS® X14156042). Summitly updates the price as soon as the MLS® record changes.
Is $1,049,000 a good price for 402 Palamino Pl?
Summitly rates it Excellent Deal: the asking price is 10% or more below Zara's estimate, an estimate built from recent sales in Waterloo. The rating is an automated opinion, not an appraisal; "What's it worth?" on this page shows how it is worked out. See Zara's estimate
Has the price of 402 Palamino Pl changed?
No — 402 Palamino Pl is still listed at its original asking price of $1,049,000.
How many bedrooms and bathrooms does 402 Palamino Pl have?
402 Palamino Pl has 4 bedrooms and 2 bathrooms, with about 2,500–3,000 square feet of living space. It is a detached home in Waterloo.
How much would the monthly mortgage be on 402 Palamino Pl?
About $5,153 a month — principal and interest on $1,049,000 with 20% down ($209,800), a 25-year amortization and an assumed 5.5% interest rate. The mortgage calculator on this page lets you change the down payment, amortization and rate.
How does 402 Palamino Pl compare with other homes in Waterloo?
Its asking price of $1,049,000 is about 49% above the median sold price in Waterloo over the last 90 days, $704,914, across 417 closed sales on the TRREB MLS®. A city median mixes every type and size of home, so the comparable sales on this page are the closer guide.
Has 402 Palamino Pl been sold before?
Summitly has no earlier MLS® sale or lease of 402 Palamino Pl on record from the last two years. Older records aren't shown under TRREB rules.
Where is 402 Palamino Pl?
402 Palamino Pl is in Waterloo, ON. Schools, transit, parks and shops nearby are under Location & lifestyle on this page.
How long has 402 Palamino Pl been on the market?
402 Palamino Pl was listed today (November 6, 2026).
What is the price per square foot of 402 Palamino Pl?
About $350 to $420 per square foot: the asking price of $1,049,000 over the 2,500–3,000 sq ft the listing gives as its size range.
Does 402 Palamino Pl have parking or a garage?
Yes — the listing gives 6 parking spaces. Garage: Yes.
Does 402 Palamino Pl have a basement, and is it finished?
The listing describes the basement as: Unfinished.
