Townhouses for Sale in Kitchener
Under $500K
Freehold and condo townhouses bridge the gap between condo affordability and detached privacy. Strong investor product with minimal exterior maintenance. Median list price in Kitchener this band: $475K · 16 active · avg 38 days on market.
Median List Price
$475K
Active Listings
16
Avg Days on Market
38 days
YoY Change
-9.0%
6-Month Median Price Trend
Dec
$464K
Jan
$464K
Feb
$464K
Mar
$464K
Apr
$464K
May
$464K
What is the average townhouse price in Kitchener in 2026?
The benchmark price for a townhouse in Kitchener in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 16 active listings, moving in an average of 38 days on market. Prices are down 9.0% year-over-year.
Is Kitchener a buyer's or seller's market right now?
Kitchener is currently a buyer's market for townhouses in this band. Listings are sitting 38 days on average and prices are 9.0% 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.”
What $475K gets you in Kitchener.
Townhouses in Kitchener priced under $500k are tracking against a CREA MLS® HPI benchmark of $518K for the kitchener waterloo area. Within this band the median list comes in near $475K — down 9.0% year-over-year. Active inventory is moving in roughly 38 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$505K
$505K
$506K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these townhouses are clustered in Kitchener.
Keep exploring Kitchener.
Other price ranges
Other property types
Kitchener Townhouse FAQ
What is the median price for townhouses in Kitchener under $500k?
As of 2026-05-01, the median list price for townhouses in Kitchener priced under $500k sits at approximately $475K based on active MLS inventory.
How many townhouses are currently for sale in Kitchener in this price range?
There are roughly 16 active townhouses for sale in Kitchener priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Kitchener?
Townhouses in Kitchener priced under $500k are averaging 38 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Kitchener townhouse prices going up or down?
Year-over-year median townhouse prices in Kitchener (this band) are down 9.0%. Six-month trend data is available on this page.
What mortgage do I need to buy a townhouse at this price in Kitchener?
On a $475K purchase with 20% down, you'd carry a mortgage of about $380K. 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.
See every active townhouse in Kitchener under $500k.
16 active listings · median $475K. A licensed Kitchener advisor sends the live list within 1 business hour.
Townhouses in Kitchener Under $500K
Median $475K · 16 active
Get pre-approved for a $380K mortgage.
Based on $475K 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.