The growing city of Kitchener in the Waterloo Region has a lot to offer its residents. Although the average home price in Kitchener-Waterloo is currently $719,500 according to CREA, affordable options are available for under $500,000. Given its proximity to post-secondary institutions, information technology companies, and the Grand River, the area is excellent for singles and families.
To inform their judgments, prospective buyers should perform more research and pricing analysis for the houses and neighbourhoods that meet their financial situation and lifestyle needs.
It’s helpful for prospective buyers to understand the buying stages to set themselves up for success. There are many moving parts when buying a home, so it’s a good idea to get familiar with the different stages of buying a property before you start. You can download our Home Buyer’s Guide for a more in-depth guide on purchasing a property from start to finish.
1. 405 – 35 Green Valley Drive, $469,900




Property details:
- Attached
- 2 beds, 1 bath, 2 parking
- Walking score 7/Transit score 26
This stunning two-bedroom condo in a popular neighbourhood is excellent for downsizers, investors and first-time buyers! This apartment features a brand-new, contemporary kitchen with plenty of cabinets, a chic backsplash, quartz counters, and a spacious peninsula ideal for any home chef. You’ll find luxury vinyl plank, trendy paint colours, and extensive trim throughout the open-concept main floor. You’ll adore this condo’s amenities, which include a party room, a library, and an exercise room with a sauna.
View the listing here.
2. d1 – 70 Willowrun Dr, $559,000




Property details:
- Condo townhouse
- 2 beds, 3 baths, 2 parking
- Walking score 7/Transit score 26
Check out this beautiful modern townhouse with many renovations in Lackner Woods, one of the most exclusive neighbourhoods! With a roomy open-concept plan, this property is elegant and practical. Your future primary bedroom has two walk-in closets to match the primary suite! Enjoy the chef’s pleasure kitchen with stainless steel equipment.
View the listing here.
3. 54 Green Valley Drive, $609,900




Property details:
- Attached
- 4 beds, 2 baths, 0 parking
- Walking score 51/Transit score 45
This end-unit townhome immediately makes you feel welcome as you walk in the door. The open-concept living and dining room area provides ample space for you and any guests, and this feeling extends out onto the deck, perfect for barbecuing in the summer. The bedrooms are spread out across two separate floors.
View the listing here.
4. 98 Brubacher Stret, $650,000




Property details:
- Detached
- 3 beds, 2 baths, 2 parking
- Walking score 77/Transit score 61
This home is split into two units each with separate entrances, making it the perfect opportunity to have live-in inlaws, or even rent out the second unit for additional income. It’s also close to any amenities you could ever want, close to Centre in the Square, the Aud, and a multitude of shops.
View the listing here.
5. 126 Overlea Drive, $659,900




Property details:
- 3 beds, 2 baths, 2 parking
- Attached
- Walking score 27/Transit score 50
This home has a spacious and unique floorplan, offering natural decor, vaulted ceilings, and an abundance of natural light. There’s a wonderful flow from the living area to the kitchen. The primary bedroom comes with its very own second floor with easy access to a two-piece bathroom for added convenience.
View the listing here.
6. 60 Cartier Drive, $689,999




Property details:
- Detached
- 3 beds, 2 baths, 2 parking
- Walking score 22/Transit score 49
This beautiful little home is perfect for families, first time buyers or investors. The main floor has a spacious living room that opens up to a fully equipped kitchen and a dining room. Upstairs are three spacious bedrooms, while the fully-furnished basement provides ample living space for a rec room or an office.
View the listing here.
7. 94 Colton Circle, $699,000




Property details:
- Attached
- 3 beds, 2 baths, 2 parking
- Walking score 0/Transit score 26
This two-story freehold townhouse has a bright living room with sliders leading to a patio and a big garden. Enjoy the stunning views of the pond and woodland from your terrace. From the entrance to the kitchen and eating room with a stylish breakfast bar, there are laminate floors. There is laundry on the second level. The master includes a walk-in closet and an ensuite.
View the listing here.
More Homes Available in Kitchener Now
If you want to join in on the growth in Kitchener and the Waterloo Region, we’re here to help! Affordable options are available, even under $700,000. Contact us today to speak to a real estate agent in your area. Enjoying our content? Subscribe to our free weekly newsletter to get Canadian real estate market insights, news, and reports straight to your inbox.