Townhouses for Sale in Waterloo
Over $1.5M
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: $1.57M · 40 active · avg 12 days on market.
40 active · median $1.57M
Sent within 1 business hour with today's 3.95% 5-yr fixed rate.
Townhouses in Waterloo Over $1.5M
40 active · median $1.57M
Median List Price
$1.57M
Active Listings
40
Avg Days on Market
12 days
YoY Change
-9.0%
6-Month Median Price Trend
Dec
$1.61M
Jan
$1.61M
Feb
$1.54M
Mar
$1.52M
Apr
$1.55M
May
$1.60M
What is the average townhouse price in Waterloo in 2026?
The benchmark price for a townhouse 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 40 active listings, moving in an average of 12 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 12 days with prices down 9.0% year-over-year. Neither side has decisive leverage right now.
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.
Townhouses in Waterloo priced over $1.5m are tracking against a CREA MLS® HPI benchmark of $518K for the kitchener waterloo area. Within this band the median list comes in near $1575K — down 9.0% year-over-year. Active inventory is moving in roughly 12 days.
Typical Size
1,200–2,000 sqft
Bedroom Range
2–4 bedrooms
Ownership Style
Freehold or condo
Sample comparables in this band.
$1.45M
$1.56M
$1.69M
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 over $1.5m?
As of 2026-05-01, the median list price for townhouses in Waterloo priced over $1.5m sits at approximately $1.57M based on active MLS inventory.
How many townhouses are currently for sale in Waterloo in this price range?
There are roughly 40 active townhouses for sale in Waterloo priced over $1.5m. Inventory typically refreshes weekly via the local MLS board.
How long do townhouses stay on the market in Waterloo?
Townhouses in Waterloo priced over $1.5m are averaging 12 days on market. That signals a seller-leaning market — buyers should expect competition and pre-approved offers.
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 $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 — 40 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.
Townhouses in Waterloo Over $1.5M
Median $1.57M · 40 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.