New Condos Kitchener

Kitchener is a lively urban centre with a population exceeding 522,000 in southwestern Ontario, Canada. The city is one of the three Canadian cities (along with Cambridge and Waterloo) that make up the Regional Municipality of Waterloo. 

Known for its top universities, modern amenities and architecture, and lower house costs than the Toronto average, new condos in Kitchener sell out like hotcakes. Whether you’re looking for a beautiful city with great education options or a family-friendly community with access to everyday essentials, you’ll find the answer in new homes in Kitchener. 

Kitchener Pre-Construction Condo Market Trends 2024

As of June 2024, the average sold price for both old and new condos in Kitchener is $413,734. In the past 30 days, the average selling price for existing and new homes in Kitchener has stood at $878,974. This figure represents a 3.2% increase compared to the average selling price of $850,963 recorded over the previous 12 months. During the same period, a townhouse’s average price was $653,761. The average rent for all property types in Kitchener is $2,075. Homes and townhouses in the area typically remain on the market for around 10 days.