Photo: Municipal Affairs and Housing · CC BY 2.0In Kitchener, 31% of households live in an apartment (Ontario’s towns: 13%)
By the 2021 census, half of owned homes were worth more than $680,000; the average was $701,000. For Kitchener there is no published sale price, as for every town in Ontario. The 2024 property assessment puts the median residential property at $309,000. Ontario still assesses at 2016 values (MPAC’s 1 January 2016 base): a figure to set against other Ontario towns, not against prices.
What Kitchener’s homes are worth, two ways
Each source sits beside its own median for Ontario’s towns; none compares across provinces, which value homes in their own ways. An owner’s figure, not a sale: the census of May 2021 asked what each home would fetch.
median, owners’ estimate
- Average
- $701K
- Owners
- 59,580
- 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).
A detached house in Kitchener is assessed 37% higher than across Ontario’s towns
Of Kitchener’s 81,065 residential properties on the 2024 roll, 60% are detached houses and 13% are condos.
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.
Kitchener’s homes: when they went up and what they are
At the 2021 census, Kitchener had 99,815 homes with someone living in them. At least half predate 2001.
Homes by period of construction the tick is the median of Ontario’s towns
Homes by kind
| Kitchener | Ontario | Canada | |
|---|---|---|---|
| Condominiums | 14% | 7% | 8% |
| Needing major repairs | 5% | 6% | 6% |
| Too small for the household | 7% | 5% | 3% |
| Households in core housing need | 10% | 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.
Building ahead of Ontario’s towns: 32.5 new homes a year per 1,000 in Kitchener, against 15
Kitchener issued permits for 17,524 new homes from 2018 to 2023, or about 2,921 a year. Very few were houses: 13% in single-unit buildings (Ontario’s towns: 66%).
Most in 2023: 4,095 new homes
New homes a year per 1,000 homes
Down 10%: 4,795 new homes in the year to August 2026
Measured across the Kitchener-Cambridge-Waterloo metro area: monthly permits
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.
Kitchener 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 Kitchener: Southdale, Alpine and Mill Courtland Woodside Park
Next to Kitchener: 2021 census values and the share of owners.
| Town | Median home value | Average | Owners | km |
|---|---|---|---|---|
| Kitchener | $680K | $701K | 60% | |
| Southdale | $500K | $519K | 36% | 0.4 |
| Alpine | $552K | $518K | 53% | 1.2 |
| Mill Courtland Woodside Park | $576K | $562K | 48% | 1.5 |
| Cedar Hill | $572K | $475K | 29% | 1.6 |
| Laurentian Hills | $600K | $572K | 56% | 1.8 |
| Meinzinger Park-Lakeside | $600K | $616K | 60% | 1.8 |
Census 2021 values; km.
Questions about property prices in Kitchener
How many households in Kitchener are in core housing need?
About as many as elsewhere: 10% of households in Kitchener, where Ontario’s towns sit at 9%.
Is Kitchener expensive for Ontario?
In the middle: Ontario’s towns come to $695,000, and so, near enough, does Kitchener.
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).