Name: HOMEH Market Pulse — Cherry Hill, Kitchener closed sales and leases
Creator: HOMEH
License: https://homeh.com/terms-of-use

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Neighbourhood in Kitchener

Cherry Hill

family-friendly community-oriented affordable

Cherry Hill is a vibrant neighbourhood in Kitchener, Ontario. It offers a mix of residential options and community amenities for families and individuals.

Median home price is $399,000 65.1% of residents are renters Two elementary schools available Eight parks and playgrounds Diverse community with 26.9% immigrants

Day to dayLivability

5.1

Schools near listings

out of 10 · averaged over 198 past and present listings

Fraser Institute ratings within 2 km of each listing, closer schools weighted more

Each score is an average over this area's own listings and is shown only where at least 5 of them carry one. Scores are reported by listing agents, not measured by HOMEH.

What it costsAffordability

Median asking price

$399,000

37% below Kitchener 44% below Ontario

In Cherry Hill

$399,000

In Kitchener

$629,000

In Ontario

$715,000

Median monthly rent

$1,998/mo

9% below Kitchener 20% below Ontario

In Cherry Hill

$1,998

In Kitchener

$2,200

In Ontario

$2,500

≈ 16.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

Median $399,000

Condos 18 · Houses 8

For rent

Median $1,998

Condos 18 · Houses 4

Recently sold

Recently leased

Market data as of 2026-10-11. Sold and leased figures are neighbourhood medians over the last 12 months, published only where at least 5 homes closed — never a single sale.

The honest readPros & cons

What people love

Affordable housing compared to city median
Strong community feel with parks and schools
Good access to grocery stores and restaurants
Diverse population and friendly atmosphere

Keep in mind

Limited public transit options
Higher renter strain compared to owners

The feel of the placeLifestyle

Daily life in Cherry Hill is relaxed, with a focus on community and family activities. Residents enjoy local parks and nearby amenities.

Great for first-time buyers young families renters

Within the boundaryWhat's nearby

The boundary

2.1 km²

Every count and every census figure on this page was measured inside this line — not within a circle drawn around a centre point.

Parks

Playgrounds

Grocery stores

Restaurants

Cafés

Gyms

Pharmacies

Counted across all 2.1 km² of Cherry Hill. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

4.3/10

Average rating of the 2 rated schools in this area

Elementary

J F Carmichael Public School
Public · Grades JK–6 · Waterloo Region DSB
4.7/104.0 over 5 yrs
2,322nd of 3,045 Ontario elementary schools
485 students · EQAO 2024-2025
St John Catholic Elementary School
Catholic · Grades JK–8 · Waterloo CDSB
3.8/104.7 over 5 yrs
2,642nd of 3,045 Ontario elementary schools
460 students · EQAO 2024-2025

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside Cherry Hill, not a catchment — most Ontario boards do not publish attendance boundaries, and we will not draw a line we cannot source. Confirm enrolment with the school board before you buy.

The peopleWho lives here

6,112

Population (2021)

1.9 km²

Area

3,213

People per km²

35.7

Median age

$70,816

Median income

35%

Own their home

2.1

People per household

2,865

Households

Every age

Children (under 15)14.6%
Working age (15–64)71.1%
Seniors (65+)14.3%

What is built here

Detached houses28.8%
Semi-detached1.4%
Townhouses11.3%
Duplexes5.1%
Low-rise apartments32.9%
High-rise apartments19.3%

Own or rent

35%Owners

65%Renters

Across 2,865 households

When it was built

Mostly 1960 or earlier

1960 or earlier41%
1961–198015%
1981–199010%
1991–20004%
2001–20053%
2006–20102%
2011–20157%
2016–202119%

Share of occupied homes, by the era they were built in. Bars are drawn against the busiest era, not against each other, because the eras are not the same length. The eight shares are unlikely to total exactly 100: Statistics Canada rounds each era's count to the nearest 5 before publishing it, so we print what the census reports rather than adjusting a figure to make the column add up.

26.9%
Born outside Canada: 31%
Hold a degree or higher: 56.6%
Employment rate: 8.1%
Commute by transit: 80.9%
Commute by car: 1.7
Children per family: $62,542
Median income after tax: $84,186
Average household income: 14.6%
Living on a low income: $1,445/mo
Renters pay, per month: $1,243/mo
Owners pay, per month: $521,426
Median home value at census: 38.7%
Renters spending 30%+ of income on housing: 11.9%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 9 census areas inside the boundary. Medians and rates are a population-weighted average of dissemination-area figures.

Sources: HOMEH listings, Statistics Canada, Census of Population 2021, OpenStreetMap, HOMEH school registry

HOMEH Market Pulse Condo apartments only Through September 2026 Thin sales history — read the monthly counts

What condos in Cherry Hill actually rent for

16 condos were leased in Cherry Hill over the 12 months to September 2026. Half leased above $1,900 and half below. A typical condo found its tenant in 34 days.

Median rent: $1,900
Days to lease: 34
Leases closed: 16; last 12 months
Rent per square foot: $3.16/mo; from 16 sized leases

Three years of rents

The line is the median. The band is the middle half of every lease — how wide it runs tells you how much one condo here differs from the next.

$2,280$2,135$1,990$1,845

Aug ’24Jul ’26Jul ’26Aug ’26

Median rent Middle half of leases

What renters actually paid

$3,000/mo

on a $3,000 asking rent — right at the asking rent

−10%Asking rent+10%

Of the asking rent: 100.0%
Leased over asking: 12.5%

From 16 leases that closed here in the last 12 months.

Every month behind these charts — Cherry Hill, rentals

Monthly closed leases in Cherry Hill
Month	Closed	Median	Middle half	Days	% of ask
Aug 2026	9	$1,900	$1,875 – $2,000	38	100.0%
Jul 2026	7	$1,900	$1,875 – $1,945	28	100.0%
Aug 2024	9	$2,175	$1,950 – $2,250	34	100.0%

What people ask about Cherry Hill

How much is rent for a condo in Cherry Hill?

The median condo lease in Cherry Hill closed at $1,900 a month over the 12 months to September 2026, across 16 leases.

Compiled by HOMEH from leases reported closed in Cherry Hill on the Toronto Regional Real Estate Board MLS® System, through September 2026. Medians are taken over closed prices, not asking prices. Per-square-foot figures use the midpoint of the banded floor-area range MLS® carries, so they describe the group and not any one condo. Not an appraisal or an opinion of value.

Condos for Rent in Cherry Hill, Kitchener, ON

At a glance