Townhouses for Sale in Waterloo
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 Waterloo this band: $475K · 77 active · avg 27 days on market.
Median List Price
$475K
Active Listings
77
Avg Days on Market
27 days
YoY Change
-9.0%
6-Month Median Price Trend
Dec
$477K
Jan
$477K
Feb
$477K
Mar
$477K
Apr
$477K
May
$477K
What is the average townhouse price in Waterloo in 2026?
The benchmark price for a townhouse in Waterloo in 2026 is approximately $475K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 77 active listings, moving in an average of 27 days on market. Prices are down 9.0% year-over-year.
Is Waterloo a buyer's or seller's market right now?
Waterloo is currently a balanced market for townhouses in this band. Inventory is turning over in 27 days with prices down 9.0% 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.”
What $475K gets you in Waterloo.
Townhouses in Waterloo 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 27 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$479K
$479K
$478K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these townhouses are clustered in Waterloo.
Keep exploring Waterloo.
Other price ranges
Other property types
Waterloo Townhouse FAQ
What is the median price for townhouses in Waterloo under $500k?
As of 2026-05-01, the median list price for townhouses in Waterloo priced under $500k sits at approximately $475K based on active MLS inventory.
How many townhouses are currently for sale in Waterloo in this price range?
There are roughly 77 active townhouses for sale in Waterloo priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Waterloo?
Townhouses in Waterloo priced under $500k are averaging 27 days on market. That gives buyers time to compare options and negotiate condition removal periods.
Are Waterloo townhouse prices going up or down?
Year-over-year median townhouse prices in Waterloo (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 Waterloo?
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 Waterloo under $500k.
77 active listings · median $475K. A licensed Waterloo advisor sends the live list within 1 business hour.
Townhouses in Waterloo Under $500K
Median $475K · 77 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.