Condos for Sale in Kitchener
Under $500K
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: $364K · 30 active · avg 13 days on market.
30 active · median $364K
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Kitchener Under $500K
30 active · median $364K
Median List Price
$364K
Active Listings
30
Avg Days on Market
13 days
YoY Change
-11.2%
6-Month Median Price Trend
Dec
$351K
Jan
$358K
Feb
$366K
Mar
$375K
Apr
$363K
May
$353K
What is the average condo price in Kitchener in 2026?
The benchmark price for a condo in Kitchener in 2026 is approximately $364K based on the latest CREA MLS® HPI release. Within the under $500k band there are currently 30 active listings, moving in an average of 13 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 balanced market for condos in this band. Inventory is turning over in 13 days with prices down 11.2% year-over-year. Neither side has decisive leverage right now.
Families helped in Kitchener
36+
Licensed Mortgage Brokerage
Pineapple Financial · LIC #12830
“Two years of Notice of Assessments and they still got me an A-lender rate. Other brokers had pushed me to B-lenders.”
What $364K gets you in Kitchener.
Condos in Kitchener priced under $500k are tracking against a CREA MLS® HPI benchmark of $364K for the kitchener waterloo area. Within this band the median list comes in near $364K — down 11.2% year-over-year. Active inventory is moving in roughly 13 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$340K
$378K
$333K
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Kitchener.
Keep exploring Kitchener.
Other property types
Kitchener Condo FAQ
What is the median price for condos in Kitchener under $500k?
As of 2026-05-01, the median list price for condos in Kitchener priced under $500k sits at approximately $364K based on active MLS inventory.
How many condos are currently for sale in Kitchener in this price range?
There are roughly 30 active condos for sale in Kitchener priced under $500k. Inventory typically refreshes weekly via the local MLS board.
How long do condos stay on the market in Kitchener?
Condos in Kitchener priced under $500k are averaging 13 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
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 $364K purchase with 20% down, you'd carry a mortgage of about $291K. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $1,780 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 30 active, median $364K.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Kitchener advisor within 1 business hour.
Condos in Kitchener Under $500K
Median $364K · 30 active · 3.95% 5-yr fixed
Get pre-approved for a $291K mortgage.
Based on $364K 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.