Live Market Snapshot · 2026-05-01Data source · CREA MLS® HPI · May 2026

Condos for Sale in Kitchener
Over $1.5M

Low-maintenance vertical living with amenity-rich buildings and walkable transit-friendly addresses. Ideal for first-time buyers, investors, and downsizers. Median list price in Kitchener this band: $1.57M · 45 active · avg 48 days on market.

Median List Price

$1.57M

Active Listings

45

Avg Days on Market

48 days

YoY Change

-11.2%

6-Month Median Price Trend

Dec

$1.61M

Jan

$1.61M

Feb

$1.61M

Mar

$1.61M

Apr

$1.61M

May

$1.61M

What is the average condo price in Kitchener in 2026?

The benchmark price for a condo in Kitchener in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 45 active listings, moving in an average of 48 days on market. Prices are down 11.2% year-over-year.

Is Kitchener a buyer's or seller's market right now?

Kitchener is currently a buyer's market for condos in this band. Listings are sitting 48 days on average and prices are 11.2% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.

Families helped in Kitchener

35+

Licensed Mortgage Brokerage

Pineapple Financial · LIC #12830

Six months in Canada and they got us approved with 10% down. Could not believe how fast it moved.
Ravi & Meena, Newcomers, Kitchener

What $1.57M gets you in Kitchener.

Condos in Kitchener priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $364K for the kitchener waterloo area. Within this band the median list comes in near $1575K — down 11.2% year-over-year. Active inventory is moving in roughly 48 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Downtown Kitchener, Kitchener

$1.67M

2 bed2 bath700 sqft
Doon, Kitchener

$1.67M

2 bed2 bath700 sqft
Forest Heights, Kitchener

$1.67M

2 bed2 bath700 sqft

Sample comparables only — request the live MLS report for current availability and pricing.

Kitchener Condo FAQ

What is the median price for condos in Kitchener over $1.5m?

As of 2026-05-01, the median list price for condos in Kitchener priced over $1.5m sits at approximately $1.57M based on active MLS inventory.

How many condos are currently for sale in Kitchener in this price range?

There are roughly 45 active condos for sale in Kitchener priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Kitchener?

Condos in Kitchener priced over $1.5m are averaging 48 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Kitchener condo prices going up or down?

Year-over-year median condo prices in Kitchener (this band) are down 11.2%. Six-month trend data is available on this page.

What mortgage do I need to buy a condo at this price in Kitchener?

On a $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's variable rates (~5.45% qualifying), that's roughly $NaN / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.

Step 1 · See Inventory

See every active condo in Kitchener over $1.5m.

45 active listings · median $1.57M. A licensed Kitchener advisor sends the live list within 1 business hour.

Condos in Kitchener Over $1.5M

Median $1.57M · 45 active

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Step 2 · Lock in financing

Get pre-approved for a $1.26M mortgage.

Based on $1.57M median list × 20% down. Compare offers from 50+ Canadian lenders. No hard credit check. Pre-approval letter within 1 business hour — same letter sellers see in multi-offers.

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