Kitchener Real Estate

Kitchener/Waterloo, also known as the Region of Waterloo, is the 10th largest metropolitan area in Canada and the fourth-largest metropolitan area in Ontario. Kitchener and Waterloo are often referred to as the “twin cities”. Kitchener/Waterloo offers a unique blend of urban and rural living with a growing tech and innovation hub, top learning institutions, and business parks. Waterloo is known as the birthplace of BlackBerry, which paved the way for a growing sector of more than 1,570 tech-related businesses. It’s proximity to Toronto (100 km away) also makes the region an attractive place to settle.

Kitchener is home to the largest celebration of all things Bavarian outside of Germany. The region hosts an annual nine-day Oktoberfest that attracts over 700,000 people. Kitchener/Waterloo is also home to several museums, the famous St. Jacobs Farmers’ Market, Chicopee ski hill and tube park, and Bingaman’s big splash water park. Kitchener/Waterloo is a great place for young professionals and families to live, work and play.

Kitchener - Town vs. Region Stats

Avg Price in Kitchener: $697,300 / Region Avg $776,200

90%

Avg Taxes in Kitchener: $4,500 / Region Avg $5,300

84%

Avg Sq. Ft. in Kitchener: 1,404 / Region Avg 1,500

94%

Avg Price per/sqft in Kitchener:$497 / Region Avg $517

96%

Avg Year Built in Kitchener: 1991 / Region Avg 1990

100%

Avg Days on Website in Kitchener: 53 / Region Avg 53

100%

Kitchener Real Estate Market Health

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