Every month we line up Kitchener condo sales against Kitchener condo leases. Here is how they compared in November 2026. 242 units were listed on November 1, 2026 at a median asking price of $399,900. Over the last 90 days 79 sold, at a median of $350,000. Leased units went for a median of $1,950 a month.
Buy or rent: Kitchener condos by size
The table compares the median asking price, the median sale over the last 90 days and the median monthly rent for each unit size. Gross yield is a year of rent divided by the sale price (or the asking price where there were too few sales), before fees, tax and vacancy. 3 or more bedrooms show the highest gross yield in Kitchener at 7.5%, which means the price equals about 13.4 years of rent. Take the median condo fee off the median rent and the yield across all sizes drops to about 5.0% before property tax.
| Unit size | Asking (median) | Sold, 90 days | Rent / month | Gross yield |
|---|---|---|---|---|
| Studios and 1 bedrooms | $349K | $306K | $1,798 | 7.0% |
| 2 bedrooms | $425K | $344K | $2,100 | 7.3% |
| 3 or more bedrooms | $500K | $425K | $2,650 | 7.5% |
What condo fees run in Kitchener
Half of the 241 listings that state a fee pay less than $498 a month, and half pay more. Per square foot that is about $0.57 a month, which is the fairer way to compare a large unit with a small one. Over a year the median fee adds up to $5,976, or 1.5% of the median asking price. It was $496 in October 2026. What the fee covers matters as much as its size: it pays for building insurance, the common areas, amenities and the reserve fund, and in many buildings heat and water as well.
Are Kitchener condos selling at asking?
Condos that sold in Kitchener over the last 90 days went for a median of 97.1% of their final asking price, and 20% sold for more than asking. The typical sold unit was on the market for 38 days. Sales are down 28% from the same 90 days last year (110), and the median sale is down 19% from $432,450.
Buildings with the most units listed
When one building has several units for sale at once, buyers have more choice and sellers more competition. These are the Kitchener addresses with the most listings right now.
| Address | Units listed | Typical ask |
|---|---|---|
| 60 Frederick Street | 10 | $292K |
| 85 Duke Street | 8 | $354K |
| 1100 Lackner Place | 8 | $394K |
| 55 Duke Street | 8 | $412K |
| 410 King Street | 6 | $287K |
| 741 King Street | 6 | $339K |
| 24 Midland Drive | 5 | $280K |
| 1000 Lackner Place | 5 | $464K |
On the market by unit type in Kitchener: condo apartments: 140 at $359K; condo townhouses: 97 at $475K; lofts: 3 at $339K; penthouses: 2 at $549K.
Compare with nearby condo markets
Condo questions about Kitchener
How much does it cost to rent a condo in Kitchener?
Condos leased in Kitchener over the last 90 days rented for a median of $1,950 a month across 199 leases.
What is a typical condo fee in Kitchener?
The median monthly fee on condos listed for sale on November 1, 2026 was $498. Fees depend on the size of the unit and on what the building includes, such as heat, water or parking.
Are condos in Kitchener selling over asking?
In the last 90 days, 20% of Kitchener condo sales closed above asking. The median sale came in at 97.1% of the asking price.
How many condos are for sale in Kitchener?
242 on November 1, 2026, with a median asking price of $399,900.
Sources: asking prices and fees are from the condos for sale on Condo Connect on November 1, 2026. Sale and rent figures are totals of MLS® sales and leases in Kitchener over the 90 days before that date; individual sold prices are available to signed-in members. Yields are gross and for comparison only.