Photo: JFVoll · CC BY-SA 4.0In Central Frederick, 53% of households live in an apartment (Ontario’s towns: 13%)
Census values for 2021: a median of $695,000 and an average of $648,600. No open sale prices are published in Ontario, so for Central Frederick the census value is the measure. Assessors valued the median residential property at $309,000 for 2024. MPAC hasn’t reassessed since its 1 January 2016 values, which is why the figure sits well under the census value; it compares only within Ontario. Figures for assessed values, values by property type and building permits are published for the city of Kitchener as a whole, not for Central Frederick alone.
Central Frederick’s homes, by two sources
Every figure here is compared within the province, against Ontario’s towns, since each province assesses on its own terms. What owners reported in May 2021 is an opinion of value; interest rates and prices have both moved since.
median, owners’ estimate
- Average
- $649K
- Owners
- 1,300
- Ontario’s towns
- $695K
- The typical Canadian town
- $406K
all residential, MPAC 2016 base
- Ontario’s towns
- $232K
Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).
On the assessment roll, Kitchener’s houses sit 37% above Ontario’s towns
Detached houses account for 60% of the 81,065 properties on Kitchener’s 2024 roll; condos for 13%.
Median assessment by type, 2024 the tick is the median of Ontario’s towns
Canadian Housing Statistics Program, table 46-10-0093 (2024): residential properties on the assessment roll, vacant land left out. The ticks are the median of Ontario’s towns with their own figure; assessments compare within a province only.
Before 1961: 63% of the homes in Central Frederick, where Ontario’s towns have 22%
The 2021 census counted 2,855 occupied homes in Central Frederick. A neighbourhood’s counts are summed from small census areas, so its parts can fall a little short of the whole.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Central Frederick | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 11% | 7% | 8% |
| Needing major repairs | 8% | 6% | 6% |
| Too small for the household | 4% | 5% | 3% |
| Households in core housing need | 14% | 9% | 7% |
Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.
Permits in Kitchener ran at 32.5 homes a year per 1,000, where Ontario’s towns ran at 15
Kitchener issued permits for 17,524 new homes from 2018 to 2023, or about 2,921 a year. Multi-unit buildings took most: single-unit ones were just 13%, where Ontario’s towns built 66%.
The busiest year: 2023, with 4,095 new homes
New homes a year per 1,000 homes
Down 10%: 4,795 new homes in the year to August 2026
Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021. · Area behind the monthly permits figures: the Kitchener-Cambridge-Waterloo metro area
Central Frederick sits near the middle of Ontario’s towns ($695,000)
The census values of Ontario’s towns, 871 of them with 2,500+ people, from dearest to cheapest.
Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.
Cheaper next to Central Frederick: Auditorium, City Commercial Core and Cedar Hill
The places around Central Frederick at the 2021 census: median and average value, and how many own.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Central Frederick | $695K | $649K | 45% | |
| Auditorium | $650K | $693K | 60% | 0.8 |
| City Commercial Core | $420K | $440K | 24% | 0.8 |
| Cedar Hill | $572K | $475K | 29% | 1.3 |
| Mt. Hope Huron Park | $600K | $601K | 47% | 1.3 |
| Fairfield | $600K | $611K | 50% | 1.3 |
| Mill Courtland Woodside Park | $576K | $562K | 48% | 1.7 |
Census 2021 values; km.
Questions about property prices in Central Frederick
How many households in Central Frederick are in core housing need?
In Central Frederick, 14% of households are in core housing need, against 9% for Ontario’s towns: their home costs too much, is too small or needs major repairs, and nothing suitable nearby costs under 30% of their income.
Is Central Frederick expensive for Ontario?
About average: Central Frederick’s census median is close to the $695,000 of Ontario’s towns.
Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, Canadian Housing Statistics Program · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292). Under the Statistics Canada Open Licence.
Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).