The Most and Least Expensive Homes Sold in Waterloo Region

By Kristin Doucet | 4 minute read

Wahi has analyzed Waterloo region listings data to present the most and least expensive homes sold across the region between Jan.1 and Nov. 15 this year.

Wahi’s latest analysis of the Waterloo region’s real estate market uncovers the year’s top-three most and least expensive condos and houses sold. 

Most Expensive Condos Sold

1. Penthouse Perfection

191 King St., Unit #1407, Waterloo

Neighbourhood: Central Waterloo

3 Bedrooms | 2 Bathrooms | ~1957 sq. ft.

This fully renovated upper penthouse suite took first place for most expensive condo sold in the region. With floor-to-ceiling windows overlooking the city of Waterloo, modern kitchen and private rooftop terrace, it’s no surprise this property sold for 43K above ask.

2. Corner Suite with a View

6 Willow St., Unit #905, Waterloo

Neighbourhood: Central Waterloo

2 Bedrooms | 2 Bathrooms | ~1700 sq. ft.

This lovely corner suite with a wrap-around balcony is close to schools, groceries stores and other convenient amenities. Equipped with a custom kitchen with granite counters and all the bells and whistles, the unit’s primary bedroom also includes a walk-in closet and four-piece ensuite.

3. Exclusive Living

181 King St., Unit #1513, Waterloo

Neighbourhood: Central Waterloo
2 Bedrooms | 2 Bathrooms | ~1200-1399 sq. ft.

Just down the street from the most expensive condo sold is this beautifully appointed contemporary condo, which comes with access to the building’s members-only dining and social club. Within walking distance of restaurants, shops, and groceries, this unit also offers unobstructed views of Waterloo. 

Most Expensive Houses Sold

1. Home on the Ranch

1029 Bean Rd., Wilmot

Detached  | 3+3 Bedrooms | 4 Bathrooms | N/A sq. ft.

Neighbourhood: Wilmot

Located 20 minutes outside the City of Waterloo, this priciest home sold in the region sits on a 104-acre property with a private lake. Winner of the 2020 National Association of Home Builders Award, this beauty of a wood and stone home is like something out of Yellowstone (minus the horses).

2. Sensational Stone Manor

370 River Oak. Dr., Waterloo

Neighbourhood: Lexington

Detached  | 6 Bedrooms | 10 Bathrooms |  ~ 14,381 sq. ft.

This luxurious custom-built 6-bedroom/10-bathroom estate on one acre with tennis courts, a pool and private lake, was the second-most expensive home sold in 2023 (despite selling for $650K below asking.) With its Provence-inspired design, this two-storey home with a 25’ ceiling in the Great Room, is situated on the grounds of the coveted Estates of River Oak.

3. Live like Kings and Queens

192 Woolwich St., Kitchener

Neighbourhood: Lexington

Detached  | 4+1 Bedrooms | 7+1 Bathrooms |  ~ 6471 sq. ft.

Close to uptown Waterloo, this French Chateau-inspired home took a close third for most expensive homes sold in the area in 2023. A floating staircase, large windows, butler kitchen, oversized mudroom, and heated saltwater pool with waterfall feature are just some of the many attributes that sets this house apart from others in the same price range.

Least Expensive Condos Sold

1. Good Deal

119 Cedar St., Unit #9, Kitchener

Neighbourhood: Cedar Hill

2 Bedrooms | 1 Bathroom | ~600-699 sq. ft.

This centrally located condo in downtown Kitchener was the cheapest home sold in the region, selling 49K below asking. The unit presented a prime opportunity to break into the housing market at a rock-bottom price.

2. Close to Everything

64 Benton St., Unit  #1002, Kitchener

Neighbourhood: City Commercial Core

1 Bedrooms | 1 Bathroom | ~600-699 sq. ft.

This move-in ready condo in downtown Kitchener is close to everything you could possibly need — shopping, restaurants, schools, parks, the LRT and the Kitchener market.

3. Cozy Space

64 Benton St., Unit  #502, Kitchener

Neighbourhood: City Commercial Core

1 Bedrooms | 1 Bathroom | ~630 sq. ft.

Located in the same building as the second-cheapest condo sold in the Waterloo region is this little gem, which has a balcony, lots of natural light and a generously sized living room.

Least Expensive Houses Sold

1. Ready for Redevelopment

29 Brant Cres., Kitchener

Neighbourhood: Southdale

Detached | 2 Bedrooms | 1 Bathroom |  ~ 900 sq. ft.

This tiny, post-war bungalow was marketed as being ripe for redevelopment or a renovation. Either way, it sold for 32K above asking and has a generously sized pie-shaped lot.

2. Has Potential

152 Graham St., Waterloo

Neighbourhood: Central Waterloo

Detached | N/A Bedrooms | N/A Bathroom |  N/A sq. ft.

This home in Waterloo fetched a low price, likely due to an unfortunate fire that caused extensive damage to the house. The land, however, provides ample space for rebuilding.

3. Close to Community

29 Centre St., Waterloo

Neighbourhood: Woolwich
Detached | 2 Bedrooms | 1 Bathroom |  ~ 768 sq. ft.

Located in the quaint community of Elmira, this post-war bungalow offers the opportunity to purchase an affordable detached home close to schools and surrounded by local history.