Real Estate for Sale in City Commercial Core, Kitchener, ON

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Neighbourhood in Kitchener

City Commercial Core

urban community-oriented walkable

City Commercial Core is a vibrant neighbourhood in Kitchener. It offers a mix of residential and commercial spaces, making it a lively area to live and work.

High walkability score of 97 Close to multiple schools Access to parks and green spaces Good public transit options

At a glance

For SaleNew Listing
Listed for:

Listed 1 day ago

$699,000

17 Oak Street

Kitchener (City Commercial Core), ON N2G 1L4

3Bedrooms
2Bathrooms
0Garage
1.5K-2KSq Ft

DetachedFor Sale

Photo of Unit 806, 85 Duke Street
For SaleNew ListingCity View
Listed for:

Listed 2 days ago

$349,000

Unit 806, 85 Duke Street

Kitchener (City Commercial Core), ON N2H 0B7

1Bedroom
1Bathroom
1Parking
600-699Sq Ft

Condo ApartmentFor Sale

Photo of Unit 405, 404 King Street W
For SaleAs-IsRooftop Terrace
Listed for:

Listed 7 days ago

$249,900

Unit 405, 404 King Street W

Kitchener (City Commercial Core), ON N2G 2L5

1Bedroom
1Bathroom
1Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 11, 60 Frederick Street
For SaleRooftop Terrace
Listed for:

Listed 8 days ago

$285,000

Unit 11, 60 Frederick Street

Kitchener (City Commercial Core), ON N2H 0C7

1 + 1Bedrooms
1Bathroom
0Parking
500-599Sq Ft

Condo ApartmentFor Sale

Photo of Unit 408, 410 King Street W
For SaleRooftop Terrace
Listed for:

Listed 10 days ago

$299,900

Unit 408, 410 King Street W

Kitchener (City Commercial Core), ON N2G 1C3

1Bedroom
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Photo of Unit 505, 410 King Street W
For Sale
Listed for:

Listed 15 days ago

$299,900

Unit 505, 410 King Street W

Kitchener (City Commercial Core), ON N2G 1C3

1Bedroom
1Bathroom
1Parking
700-799Sq Ft

Condo ApartmentFor Sale

Day to dayLivability

97

Walkability

out of 100 · averaged over 29 past and present listings

Average walk score reported on listings here

5.5

Schools near listings

out of 10 · averaged over 802 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

$350,390

44% below Kitchener 51% below Ontario

In City Commercial Core

$350,390

In Kitchener

$629,900

In Ontario

$717,000

Median monthly rent

$2,000/mo

9% below Kitchener 20% below Ontario

In City Commercial Core

$2,000

In Kitchener

$2,200

In Ontario

$2,500

≈ 14.6 years

Of rent to match the purchase price

On the marketMarket snapshot

For sale

44

Median $350,390

Condos 42 · Houses 2

For rent

48

Median $2,000

Condos 48

Recently sold

Sign in to see sold data

Recently leased

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Market data as of 2026-10-10. 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

  • Central location with easy access to amenities
  • Strong community feel with a diverse population
  • Affordable housing compared to city median

Keep in mind

  • Higher renter percentage may indicate demand
  • Limited ownership opportunities
  • Some traffic congestion during peak hours

The feel of the placeLifestyle

Residents enjoy a bustling urban lifestyle with many services nearby. The area is well-suited for those who prefer walking and public transit.

Great for young professionals students first-time buyers

Within the boundaryWhat's nearby

The boundary

1.4 km²

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

13

Parks

7

Transit stations

6

Grocery stores

59

Restaurants

24

Cafés

5

Gyms

1

Libraries

5

Pharmacies

Counted across all 1.4 km² of City Commercial Core. From OpenStreetMap, as of 2026-10-12.

The schoolsWhich schools, and how they rate

4

Elementary

8

Secondary

  • Safe Haven Youth Services

    Public · Grades K–12 · Waterloo Region DSB

    Not rated

  • St Don Bosco Catholic Secondary School

    Catholic · Waterloo CDSB

    Not rated

  • St Louis (K/W) Adult School

    Catholic · Grades 9–12 · Waterloo CDSB

    Not rated

  • St Louis Continuing Education Programs School

    Catholic · Grades 9–12 · Waterloo CDSB

    Not rated

  • St Louis Correspondence High School

    Catholic · Grades 9–12 · Waterloo CDSB

    Not rated

  • St Louis Homework Club Catholic Elementary School

    Catholic · Grades JK–8 · Waterloo CDSB

    Not rated

Ontario Ministry of Education school registry; ratings from the Fraser Institute report card. These are the schools that stand inside City Commercial Core, 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

5,438

Population (2021)

1.4 km²

Area

3,974

People per km²

35.3

Median age

$61,717

Median income

26%

Own their home

1.7

People per household

3,150

Households

Every age

  • Children (under 15)9.2%
  • Working age (15–64)78.4%
  • Seniors (65+)12.4%

What is built here

  • Detached houses11.6%
  • Semi-detached1.7%
  • Townhouses1.4%
  • Duplexes5.6%
  • Low-rise apartments32.5%
  • High-rise apartments46.7%

Own or rent

26%Owners

74%Renters

Across 3,150 households

When it was built

Mostly 1960 or earlier

  • 1960 or earlier43%
  • 1961–198015%
  • 1981–19906%
  • 1991–20005%
  • 2001–20055%
  • 2006–20104%
  • 2011–20154%
  • 2016–202116%

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.

24%
Born outside Canada
38.2%
Hold a degree or higher
61.9%
Employment rate
11.7%
Commute by transit
71.7%
Commute by car
1.6
Children per family
$53,880
Median income after tax
$73,493
Average household income
20%
Living on a low income
$1,259/mo
Renters pay, per month
$1,442/mo
Owners pay, per month
$496,519
Median home value at census
38.3%
Renters spending 30%+ of income on housing
18.8%
Owners spending 30%+ of income on housing

Statistics Canada, Census of Population 2021. Added up from 7 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 Through September 2026 Thin sales history — read the monthly counts

What homes in City Commercial Core actually sell for

27 homes changed hands in City Commercial Core over the 12 months to September 2026. Half sold above $381,444 and half below, 0.4% lower than the 12 months before. A typical home found its buyer in 60 days — 3 days slower than a year ago.

Median sold price
$381K
-0.4% year over year
Days to sell
60
3 days slower
Sales closed
27
last 12 months
Per square foot
$468
from 25 sized sales

Three years of sold prices

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

$525K$447K$368K$290K
Oct ’23Jul ’24Oct ’25Sep ’26
Median sold price Middle half of sales

What buyers actually paid

$968,000

on a $1,000,000 asking price — under ask by $32,000

−10%Asking price+10%
Of the asking price
96.8%
Sold over asking
14.8%

From 27 sales that closed here in the last 12 months.

Rent or buy in City Commercial Core

17.3 years

of rent, at the going rate here, adds up to what a home here costs.

Median sold price

$381,444

27 sales

Median rent

$1,840/mo

151 leases

Gross rental yield

5.79%

before costs

Both figures come from deals that actually closed in City Commercial Core over the last 12 months. Gross yield is annual rent divided by price; it does not account for taxes, fees, maintenance, vacancy or financing.

Every month behind these charts — City Commercial Core, sales
Monthly closed sales in City Commercial Core
MonthClosedMedianMiddle halfDays% of ask
Sep 20264 Not enough sales this month to report a median
Aug 20263 Not enough sales this month to report a median
Jul 20262 Not enough sales this month to report a median
Jun 20263 Not enough sales this month to report a median
May 20261 Not enough sales this month to report a median
Apr 20266$372,500$306K – $395K5996.9%
Mar 20263 Not enough sales this month to report a median
Feb 20263 Not enough sales this month to report a median
Nov 20251 Not enough sales this month to report a median
Oct 20251 Not enough sales this month to report a median
Sep 20251 Not enough sales this month to report a median
Aug 20254 Not enough sales this month to report a median
Jul 20253 Not enough sales this month to report a median
Jun 20253 Not enough sales this month to report a median
May 20251 Not enough sales this month to report a median
Nov 20241 Not enough sales this month to report a median
Oct 20243 Not enough sales this month to report a median
Sep 20241 Not enough sales this month to report a median
Aug 20243 Not enough sales this month to report a median
Jul 20241 Not enough sales this month to report a median
Jun 20242 Not enough sales this month to report a median
May 20241 Not enough sales this month to report a median
Apr 20244 Not enough sales this month to report a median
Mar 20244 Not enough sales this month to report a median
Feb 20246$410,000$388K – $425K17100.0%
Jan 20246$461,500$441K – $481K33100.0%
Dec 20231 Not enough sales this month to report a median
Nov 20234 Not enough sales this month to report a median
Oct 20238$446,500$433K – $509K48100.0%

25 of these months closed fewer than 5 sales. A middle value taken over that few is not a market figure — with one sale it is simply that home's closing price — so the count is shown and the median is not. The sales themselves still count toward the 12-month figures above.

What people ask about City Commercial Core

How much does a home cost in City Commercial Core?

Homes in City Commercial Core sold for a median of $381,444 over the 12 months to September 2026, across 27 closed sales — half sold for more and half for less. That is 0.4% lower than the 12 months before it.

How long does it take to sell a home in City Commercial Core?

A home in City Commercial Core took a median of 60 days on the market over the 12 months to September 2026. Homes there closed at 96.8% of the asking price on average, with 14.8% selling over asking.

How much is rent in City Commercial Core?

The median lease in City Commercial Core closed at $1,840 a month over the 12 months to September 2026, across 151 leases.

Is it cheaper to rent or buy in City Commercial Core?

A home in City Commercial Core costs about 17.3 years of the rent on one — the median price of $381,444 against a median rent of $1,840 a month, a gross yield of 5.79%. The shorter that number, the closer buying is to renting before financing costs.

Compiled by HOMEH from sales reported closed in City Commercial Core 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 home. Not an appraisal or an opinion of value.

Condos in City Commercial Core

A condo here is its own market

86 condo apartments are on the market in City Commercial Core right now. Too few have closed here in the last year for us to publish a median we would stand behind.

Median condo rent
$1,856/mo
145 leases