Parkside Urban Towns

About Parkside Urban Towns

• Address: 20 Palace St, Kitchener
• Neighbourhood: Laurentian Hills
• Developer: Averton Homes
• Year Built: 2022–2025
• Building Type: Stacked Townhouse
• Storeys: 3 storeys
• Units: 116–314 units
• Suite Sizes: Approximately 1,130 sq. ft.
• Average Price: $412 / sq. ft.

Overview of Parkside Urban Towns

Parkside Urban Towns is a multi-phase residential development in Kitchener's Laurentian Hills area. The project consists of stacked townhouses across at least three phases, and this is ground-up construction rather than an industrial conversion.

The design focuses on contemporary urban aesthetics with functional layouts. These three-storey buildings provide a lower-profile alternative to high-rise structures, while still integrating with the existing residential fabric of the area.

Each phase contributes to a master-planned community. The development provides 116 to 314 units designed for practical suburban living within a defined geographic footprint.

Suite Sizes & Value

Suites average approximately 1,130 sq. ft., offering more interior space than typical high-rise condominium apartments. The larger footprint suits buyers who need more room without the maintenance demands of a detached home.

The project carries an Average Price: $412 / sq. ft., providing a strategic entry point into the Kitchener-Waterloo region. The value reflects the stacked townhouse configuration relative to central high-rise developments.

Building Amenities & Features

• Integration with the Laurentian Commons community.
• Proximity to external local services and retail.

Location Highlights

• Green Spaces: Access to Borden Wetlands, The Laurentian Trail, Meinzinger Park, and Lakeside Park.
• Transit and Access: Immediate access to Highway 7/8 and city transit routes.
• Education: Located 7.9 kilometres from Wilfrid Laurier University, with the University of Waterloo and University of Guelph nearby.
• Shopping: Situated off Ottawa St S near the retail and dining options of Laurentian Commons.

Lifestyle Near Parkside Urban Towns

The Laurentian Hills neighbourhood is a family-oriented area near major post-secondary institutions. Residents have access to local wetlands and trails alongside the Ottawa Street commercial corridor.

The location appeals to families and investors focused on the Kitchener-Waterloo region. It provides an established residential environment with direct proximity to transit and educational hubs.

About the Developer

Averton Homes, in partnership with the Downing Street Group, has decades of experience in the residential and commercial sectors across Southern Ontario. Their portfolio includes Kitchener projects such as Trussler West and Urban Towns at Wallaceton.