Detached Homes for Sale in Waterloo
Over $1.5M

Today: 5-yr fixed from 3.95% · 5-yr variable from 3.50%

Fully freehold land + structure. Highest long-term appreciation, full renovation flexibility, and the strongest move-up buyer demand in the Ontario market. Median list price in Waterloo this band: $1.57M · 55 active · avg 41 days on market.

Get the live list

55 active · median $1.57M

Sent within 1 business hour with today's 3.95% 5-yr fixed rate.

Detached Homes in Waterloo Over $1.5M

55 active · median $1.57M

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Median List Price

$1.57M

Active Listings

55

Avg Days on Market

41 days

YoY Change

-5.8%

6-Month Median Price Trend

Dec

$1.56M

Jan

$1.55M

Feb

$1.53M

Mar

$1.57M

Apr

$1.51M

May

$1.60M

What is the average detached price in Waterloo in 2026?

The benchmark price for a detached 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 55 active listings, moving in an average of 41 days on market. Prices are down 5.8% year-over-year.

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

Waterloo is currently a buyer's market for detacheds in this band. Listings are sitting 41 days on average and prices are 5.8% 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.
Ravi & Meena, Newcomers, Waterloo

What $1.57M gets you in Waterloo.

Detacheds in Waterloo priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $774K for the kitchener waterloo area. Within this band the median list comes in near $1575K — down 5.8% year-over-year. Active inventory is moving in roughly 41 days.

Typical Size

1,800–3,500 sqft

Bedroom Range

3–5 bedrooms

Ownership Style

freehold

Sample comparables in this band.

Uptown Waterloo, Waterloo

$1.46M

3 bed3 bath2,220 sqft
Beechwood, Waterloo

$1.66M

5 bed3 bath2,190 sqft
Westmount, Waterloo

$1.54M

4 bed3 bath2,200 sqft

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

Where these detached homes are clustered in Waterloo.

Waterloo Detached FAQ

What is the median price for detached homes in Waterloo over $1.5m?

As of 2026-05-01, the median list price for detached homes in Waterloo priced over $1.5m sits at approximately $1.57M based on active MLS inventory.

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

There are roughly 55 active detached homes for sale in Waterloo priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.

How long do detached homes stay on the market in Waterloo?

Detached Homes in Waterloo priced over $1.5m are averaging 41 days on market. That gives buyers time to compare options and negotiate condition removal periods.

Are Waterloo detached prices going up or down?

Year-over-year median detached prices in Waterloo (this band) are down 5.8%. Six-month trend data is available on this page.

What mortgage do I need to buy a detached 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.

Step 1 · See Inventory

Get the Live List — 55 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.

Detached Homes in Waterloo Over $1.5M

Median $1.57M · 55 active · 3.95% 5-yr fixed

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Step 2 · Lock in financing

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.

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