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

Condos for Sale in Waterloo
$1M – $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 Waterloo this band: $1.05M · 20 active · avg 26 days on market.

Median List Price

$1.05M

Active Listings

20

Avg Days on Market

26 days

YoY Change

-11.2%

6-Month Median Price Trend

Dec

$1.05M

Jan

$1.05M

Feb

$1.05M

Mar

$1.05M

Apr

$1.05M

May

$1.05M

What is the average condo price in Waterloo in 2026?

The benchmark price for a condo in Waterloo in 2026 is approximately $1.05M based on the latest CREA MLS® HPI release. Within the $1m – $1.5m band there are currently 20 active listings, moving in an average of 26 days on market. Prices are down 11.2% year-over-year.

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

Waterloo is currently a balanced market for condos in this band. Inventory is turning over in 26 days with prices down 11.2% year-over-year. Neither side has decisive leverage right now.

Families helped in Waterloo

31+

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, Waterloo

What $1.05M gets you in Waterloo.

Condos in Waterloo priced $1m – $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 $1050K — down 11.2% year-over-year. Active inventory is moving in roughly 26 days.

Typical Size

500–1,100 sqft

Bedroom Range

1–3 bedrooms

Ownership Style

condo

Sample comparables in this band.

Uptown Waterloo, Waterloo

$1.08M

2 bed2 bath570 sqft
Beechwood, Waterloo

$1.08M

2 bed2 bath570 sqft
Westmount, Waterloo

$1.07M

2 bed2 bath580 sqft

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

Waterloo Condo FAQ

What is the median price for condos in Waterloo $1m – $1.5m?

As of 2026-05-01, the median list price for condos in Waterloo priced $1m – $1.5m sits at approximately $1.05M based on active MLS inventory.

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

There are roughly 20 active condos for sale in Waterloo priced $1m – $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do condos stay on the market in Waterloo?

Condos in Waterloo priced $1m – $1.5m are averaging 26 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Waterloo condo prices going up or down?

Year-over-year median condo prices in Waterloo (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 Waterloo?

On a $1.05M purchase with 20% down, you'd carry a mortgage of about $840K. 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 Waterloo $1m – $1.5m.

20 active listings · median $1.05M. A licensed Waterloo advisor sends the live list within 1 business hour.

Condos in Waterloo $1M – $1.5M

Median $1.05M · 20 active

256-Bit SSL Secured & Private

Step 2 · Lock in financing

Get pre-approved for a $840K mortgage.

Based on $1.05M 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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