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Kitchener New Condos

Preconstruction Condos Kitchener

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Wild Indigo Homes

Completion:
2027
Developer:
Madison Group
Address:
Breslau, ON, Canada, N0B 1M0

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Mattamy Wildflower

Completion:
2025
Developer:
Mattamy Homes
Address:
Histand Trail Kitchener

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Verde Living West Tower

No. of units:
264
Storeys:
8
Developer:
JD Development Group & The Downing Street Group
Address:
83 Elmsdale Drive, Kitchener, ON

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Verde East Tower

No. of units:
266
Storeys:
8
Developer:
JD Development Group and Downing Street Group
Address:
83 Elmsdale Drive, Kitchener, ON

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Duo at Station Park Condos

Completion:
2025
Storeys:
28
Developer:
VanMar Developments and Zehr Group of Companies
Address:
641 King Street West, Kitchener, ON

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Verde Living Condos

No. of units:
254
Storeys:
7
Developer:
JD Development Group and Downing Street Group
Address:
83 Elmsdale Drive, Kitchener, ON

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Q Condos

Storeys:
34
Developer:
Momentum Developments
Address:
20 Queen St N, Kitchener ON N2H 2G8

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Tek Tower

No. of units:
532
Storeys:
44
Developer:
IN8 Developments
Address:
30 Francis Street South, Kitchener, ON

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Viva Townhomes

Developer:
Polocorp
Address:
466 Queen St S, Kitchener

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Six Sixty Belmont

No. of units:
163
Storeys:
13
Developer:
Zehr Group of Companies
Address:
660 Belmont Avenue West, Kitchener, ON

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Elevate Condos 3

Price:
From the $400s
Completion:
2025
Storeys:
15
Developer:
Werner Leuschner
Address:
1333 Weber St East, Kitchener ON N2A 1C2

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Lackner Ridge

No. of units:
350
Storeys:
7
Developer:
Reids Heritage Homes
Address:
Lackner Boulevard & Ottawa Street North, Kitchener, ON

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Grand River Flats Condos

No. of units:
352
Storeys:
5
Developer:
TBD
Address:
239 Eden Oak Trail, Kitchener, ON

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Elevate Condos 2

Price:
From the $300s
Completion:
2023
Storeys:
15
Developer:
Werner Leuschner
Address:
1333 Weber St East, Kitchener ON N2A 1C2

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Elevate Condos

Price:
$300s
Storeys:
15
Developer:
Werner Leuschner
Address:
1333 Weber Street East, Kitchener, Ontario

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West Oak Urban Towns Kitchener

Price:
Low 300s

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Bright Building Condos

Developer:
HIP Developments
Address:
741 King St west Kitchener

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Westend Condos

Price:
From the Mid $200s
Completion:
July 2020
No. of units:
54
Storeys:
3
Developer:
Lanca Contracting Ltd.
Address:
5 Wake Robin Dr, Kitchener, ON

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The Hush Condos

Price:
From $302,400 CAD
Completion:
2021
No. of units:
103
Storeys:
4
Developer:
Urban Legend Developments
Address:
Fergus Avenue, Kitchener ON N2A 2H2

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Otis Residences

Price:
From CAD $368,900 to $1,260,900
Completion:
2020
No. of units:
30
Storeys:
5
Developer:
Vive Developments
Address:
51 David Street, Kitchener, ON

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Union Towers

No. of units:
580
Storeys:
28
Developer:
VanMar Developments
Address:
607 King Street West, Kitchener, ON

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Avenue M Condos

Price:
From $339,900 to over $734,900 CAD
Completion:
2022
No. of units:
234
Storeys:
26
Developer:
Activa
Address:
40 Margaret Avenue, Kitchener ON N2H 4K1

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Charlie West Condos

No. of units:
246
Storeys:
26
Developer:
Momentum Developments
Address:
24 Gaukel Steet, Kitchener ON N2G 1Y7

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DTK Condos

No. of units:
410
Storeys:
33
Developer:
IN8 Developments
Address:
32 Duke St East, Kitchener, ON, N2H 1A3

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Why Should You Invest In Kitchener Real Estate?

Kitchener is one of the hottest real estate markets. 2017 saw a feverish rise in real estate in Kitchener, which has slowed down, but prices are still rising even though not so sharply. According to real estate agents, the present market is more buyer-friendly and healthier.

– The average sale price of all residential properties sold in November 2018 increased 7.6% to $477,526 compared to November 2017.

– Home sales were up 14.2% in November compared to the same month last year, and up 19% compared to the previous 10-year November average of 406 sales, according to Kitchener-Waterloo Association of Realtors (KWAR).

– During this same period, the average sale price for a condominium was $305,334, showing an increase of 10%.

– Detached homes, on the other hand, sold for an average price of $580,551, revealing an increase of 12.8% compared to November 2017.

– Townhomes sold for an average of $361,177 (down 2%).

Soaring prices of condos in Toronto has made homebuyers turn their gaze towards Kitchener, Waterloo and Hamilton. In 2017 and 2018, sales of new condo units in these areas blossomed so much that it has been making headlines for months. Being affordable, close to Toronto, and having amenities that a modern lifestyle requires, Kitchener is seen as a great place to live.

Increase in property prices in Kitchener and with the probability of the upward trend continuing, investors have started to see Kitchener as a profitable investment opportunity. The city is seeing high growth with revitalization projects and condo constructions that are set to transform the city.

Kitchener Real Estate Condo Prices

Kitchener real estate market is skyrocketing with prices rising sharply for all properties. The average selling price of Kitchener real estate is $518,000, a boost of 26.8% from the previous year, as on April, 2020.

KWAR share that the increase is registered in all areas of real estate, including detached homes, condos, townhomes and semis.

As for condos, the average condo price in Kitchener stands at $252,000, a whopping 44% increase year over year.

One-bedroom condo prices in Kitchener is at $265,000, as on April, 2020.
Two-bedroom condo prices in Kitchener stands at $225,000, showing a 29% increase, as on April, 2020.

As in other markets, in Kitchener too, demand is more than the supply. The Kitchener-Waterloo area being in high demand, there are not so many houses on sale.

Kitchener Real Estate Market Trends

Real estate development is happening very fast in Kitchener with the government permitting $1.2 billion in building permits. Condominiums are the most preferred real estate for those who are looking to buy property solely for investment purposes and also by those who are planning to live in the city. This is seen in consistent rise in prices for condominiums.

– The number of condo sales and prices have risen year-over-year in April 2018, according to the Kitchener-Waterloo Association of Realtors

– There were 185 condos sold last month in Kitchener, Waterloo, Wellesley, Wilmot and Woolwich, showing an increase of 13% over April 2017.

High demand for condos was evident on the first day of sales of Garment Street condo where a line of buyers was seen even before the sales office opened. The condo will be a 23-storey condo tower located on Victoria Street, Kitchener. Many of the buyers were real estate agents purchasing a condo unit on behalf of their local customers who wanted to make the purchase for investment.

Kitchener Transit Options

Kitchener enjoys convenient transportation owing to Conestoga Pkwy, which connects to Hwy 7 and Hwy 8 allowing speedy access to areas across the city and beyond. Major arterial streets such as King St connects to Hwy 8 where it meets Conestoga in the south. The Kitchener VIA Rail and bus station is located in the heart of the city, offering convenient travelling to residents at all times.

The rapid development of ION, Waterloo Region’s new LRT service will connect rapid transit with GO Transit, VIA Rail, local train system, and Grand River Transit, iXpres and local bus routes. The LRT will help residents of Kitchener face less traffic congestion, new employment opportunities, and speedy travel.

New development projects in the nearby area are Waterloo Condos and London Condos.

View all new condominiums for sale at 99homes.ca

Kitchener New Condos

Preconstruction Condos Kitchener

Compare Listings

Wild Indigo Homes

Mattamy Wildflower

Verde Living West Tower

Verde East Tower

Duo at Station Park Condos

Verde Living Condos

Q Condos

Tek Tower

Viva Townhomes

Six Sixty Belmont

Elevate Condos 3

Lackner Ridge

Grand River Flats Condos

Elevate Condos 2

Elevate Condos

West Oak Urban Towns Kitchener

Bright Building Condos

Westend Condos

The Hush Condos

Otis Residences

Union Towers

Avenue M Condos

Charlie West Condos

DTK Condos

Why Should You Invest In Kitchener Real Estate?

Kitchener Real Estate Condo Prices

Kitchener Real Estate Market Trends

Kitchener Transit Options

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