Regions
Kitchener-Waterloo
Kitchener and Waterloo are two cities that sit side-by-side in southwestern Ontario. Since they are so close, they are commonly referred to as one joint region, Kitchener-Waterloo.
Located just over an hour from Toronto, these dynamic cities are great places to live, work, and play, with plenty of attractions and activities to enjoy. There are plenty of parks, trails, and green spaces to explore, as well as many cultural activities and events, such as the Kitchener-Waterloo Oktoberfest and the Waterloo Jazz Festival.
Known for its thriving tech industry, Kitchener-Waterloo is home to several research and development centres, such as the University of Waterloo’s Velocity Science Park and the Communitech Hub, which help to foster innovation and entrepreneurship.
Kitchener
- Population (2021): 575,847
- Population growth since 2016: 15.08%
- Density: 1,877.8/km2
Waterloo
- Population (2021): 104,986
- Population growth since 2016: 15.67%
- Density: 1,894.4/km2
Kitchener-Waterloo Real Estate Market
| Average Resale Price (2021) | $842,014.00 |
| Average Resale Price (2016) | $387,404.00 |
| Change | 117.35% |
| Average Resale Price by Property Type (2016) | Average Resale Price by Property Type (2021) | Change | |
|---|---|---|---|
| All Home Types | $387,404 | $842,014 | 117.35% |
| Single-Family Detached | $451,738 | $1,021,353 | 126.09% |
| Semi-Detached | $300,806 | $770,246 | 156.06% |
| Townhouse | $287,386 | $717,475 | 149.66% |
| Apartment/Condo | $229,676 | $500,352 | 117.85% |
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