Condos for Sale in Waterloo
Over $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: $1.57M · 68 active · avg 45 days on market.
68 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Condos in Waterloo Over $1.5M
68 active · median $1.57M
Median List Price
$1.57M
Active Listings
68
Avg Days on Market
45 days
YoY Change
-11.2%
6-Month Median Price Trend
Dec
$1.52M
Jan
$1.59M
Feb
$1.54M
Mar
$1.60M
Apr
$1.52M
May
$1.60M
What is the average condo price in Waterloo in 2026?
The benchmark price for a condo in Waterloo in 2026 is approximately $1.57M based on the latest CREA MLS® HPI release. Within the over $1.5m band there are currently 68 active listings, moving in an average of 45 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 buyer's market for condos in this band. Listings are sitting 45 days on average and prices are 11.2% lower year-over-year. Buyers have negotiating leverage on price, closing date, and condition periods.
Families helped in Waterloo
32+
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 $1.57M gets you in Waterloo.
Condos in Waterloo priced over $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 $1575K — down 11.2% year-over-year. Active inventory is moving in roughly 45 days.
Typical Size
500–1,100 sqft
Bedroom Range
1–3 bedrooms
Ownership Style
condo
Sample comparables in this band.
$1.48M
$1.56M
$1.47M
Sample comparables only — request the live MLS report for current availability and pricing.
Where these condos are clustered in Waterloo.
Keep exploring Waterloo.
Other property types
Waterloo Condo FAQ
What is the median price for condos in Waterloo over $1.5m?
As of 2026-05-01, the median list price for condos in Waterloo priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many condos are currently for sale in Waterloo in this price range?
There are roughly 68 active condos for sale in Waterloo priced over $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 over $1.5m are averaging 45 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 $1.57M purchase with 20% down, you'd carry a mortgage of about $1.26M. At today's qualifying rate (~5.45%) on a 25-year amortization, that's roughly $7,700 / month before taxes and insurance. Use the IndiBrick affordability calculator to model your specific scenario.
Get the Live List — 68 active, median $1.57M.
Live MLS inventory + today's rate (3.95% 5-yr fixed) sent by a licensed Waterloo advisor within 1 business hour.
Condos in Waterloo Over $1.5M
Median $1.57M · 68 active · 3.95% 5-yr fixed
Get pre-approved for a $1.26M mortgage.
Based on $1.57M 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.