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Neighbourhood in Kitchener
Homes for rent in City Commercial Core
City Commercial Core is a vibrant neighbourhood in Kitchener. It offers a mix of residential and commercial spaces, making it lively and accessible.
At a glance
Unit 307, 410 King Street W
Kitchener (City Commercial Core)
Listed 8 days ago
- 1Bedroom
- 1Bathroom
- 1Parking
- 800~899Sq.Ft.
Condo ApartmentFor Rent
Unit 415, 55 Duke Street W
Kitchener (City Commercial Core)
Listed 8 days ago
- 1Bedroom
- 1Bathroom
- 0Parking
- 600~699Sq.Ft.
Condo ApartmentFor Rent
Unit 2513, 30 Francis Street S
Kitchener (City Commercial Core)
Listed 9 days ago
- 1+1Bedrooms
- 1Bathroom
- 0Parking
- 500~599Sq.Ft.
Condo ApartmentFor Rent
Unit 1404, 30 Francis Street S
Kitchener (City Commercial Core)
Listed 9 days ago
- 1Bedroom
- 1Bathroom
- 0Parking
- 0~499Sq.Ft.
Condo ApartmentFor Rent
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 809 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
$349,900
In City Commercial Core
$349,900
In Kitchener
$627,000
In Ontario
$709,900
Median monthly rent
$1,900/mo
In City Commercial Core
$1,900
In Kitchener
$2,156
In Ontario
$2,500
≈ 15.3 years
Of rent to match the purchase price
On the marketMarket snapshot
For sale
45
Median $349,900
Condos 43 · Houses 2
For rent
62
Median $1,900
Condos 62
Recently sold
Sign in to see sold data
Recently leased
Sign in to see leased data
Market data as of 2026-10-25. 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 with diverse residents
- Convenient access to amenities
Keep in mind
- Higher renter percentage
- Some areas may be busy due to commercial activity
The feel of the placeLifestyle
Daily life here is active and convenient, with easy access to shops and services. The area is suited for those who enjoy a bustling environment.
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 2026-10-26.
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
What homes in City Commercial Core actually rent for
151 homes were leased in City Commercial Core over the 12 months to September 2026. Half leased above $1,840 and half below, 4.0% lower than the 12 months before. A typical home found its tenant in 30 days — 2 days quicker than a year ago.
- Median rent
- $1,840
- -4.0% year over year
- Days to lease
- 30
- 2 days quicker
- Leases closed
- 151
- last 12 months
- Rent per square foot
- $2.70/mo
- from 148 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 home here differs from the next.
What renters actually paid
$2,985/mo
on a $3,000 asking rent — under ask by $15
- Of the asking rent
- 99.5%
- Leased over asking
- 6.6%
From 151 leases 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.
What actually rents in City Commercial Core
A single median hides this: the mix of homes behind it, and what each kind costs.
- Condo apartment$1,85696.0%
- Other kinds, too few of each —4.0%
How fast it moves
Median days on market, month by month. Taller means slower.
Terracotta marks the last 12 months.
Every month behind these charts — City Commercial Core, rentals
| Month | Closed | Median | Middle half | Days | % of ask |
|---|---|---|---|---|---|
| Sep 2026 | 17 | $2,000 | $1,850 – $2,450 | 20 | 97.8% |
| Aug 2026 | 16 | $1,825 | $1,661 – $2,300 | 47 | 100.0% |
| Jul 2026 | 24 | $1,870 | $1,750 – $2,413 | 28 | 100.0% |
| Jun 2026 | 22 | $1,800 | $1,663 – $1,900 | 22 | 100.0% |
| May 2026 | 6 | $2,025 | $1,763 – $2,288 | 29 | 98.0% |
| Apr 2026 | 9 | $1,795 | $1,700 – $1,850 | 25 | 100.0% |
| Mar 2026 | 17 | $1,700 | $1,700 – $1,800 | 33 | 100.0% |
| Feb 2026 | 10 | $1,775 | $1,700 – $1,913 | 37 | 100.0% |
| Jan 2026 | 5 | $1,800 | $1,700 – $1,850 | 45 | 97.1% |
| Dec 2025 | 7 | $1,900 | $1,850 – $2,350 | 31 | 98.1% |
| Nov 2025 | 9 | $1,800 | $1,700 – $2,150 | 25 | 100.0% |
| Oct 2025 | 9 | $1,850 | $1,800 – $1,900 | 32 | 100.0% |
| Sep 2025 | 11 | $1,925 | $1,863 – $2,050 | 24 | 100.0% |
| Aug 2025 | 14 | $2,000 | $1,850 – $2,188 | 30 | 100.0% |
| Jul 2025 | 20 | $1,900 | $1,837 – $2,200 | 29 | 100.0% |
| Jun 2025 | 15 | $1,800 | $1,685 – $2,050 | 39 | 98.6% |
| May 2025 | 13 | $1,850 | $1,799 – $2,450 | 28 | 100.0% |
| Apr 2025 | 9 | $1,850 | $1,795 – $1,900 | 27 | 100.0% |
| Mar 2025 | 12 | $1,800 | $1,715 – $1,950 | 49 | 98.1% |
| Feb 2025 | 9 | $1,900 | $1,850 – $2,400 | 22 | 100.0% |
| Jan 2025 | 7 | $2,100 | $1,975 – $2,325 | 55 | 100.0% |
| Dec 2024 | 5 | $1,950 | $1,900 – $2,050 | 19 | 97.6% |
| Nov 2024 | 10 | $2,075 | $1,963 – $2,188 | 35 | 100.0% |
| Oct 2024 | 8 | $2,000 | $1,894 – $2,250 | 28 | 100.0% |
| Sep 2024 | 17 | $2,200 | $2,000 – $2,500 | 59 | 100.0% |
| Aug 2024 | 28 | $2,000 | $1,850 – $2,200 | 43 | 100.0% |
| Jul 2024 | 23 | $1,950 | $1,900 – $2,200 | 49 | 100.0% |
| Jun 2024 | 14 | $2,050 | $2,000 – $2,400 | 56 | 100.0% |
| May 2024 | 8 | $1,925 | $1,838 – $2,000 | 42 | 100.0% |
| Apr 2024 | 12 | $2,038 | $1,856 – $2,350 | 52 | 100.0% |
| Mar 2024 | 2 | Not enough leases this month to report a median | |||
| Feb 2024 | 7 | $2,250 | $2,150 – $2,450 | 41 | 100.0% |
| Jan 2024 | 3 | Not enough leases this month to report a median | |||
| Dec 2023 | 7 | $2,500 | $2,400 – $2,638 | 28 | 100.0% |
| Nov 2023 | 15 | $2,300 | $2,173 – $2,500 | 15 | 100.0% |
| Oct 2023 | 7 | $2,250 | $2,125 – $2,650 | 16 | 100.0% |
2 of these months closed fewer than 5 leases. A middle value taken over that few is not a market figure — with one lease it is simply that lease — so the count is shown and the median is not. The leases 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 leases 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.
A condo here is its own market
101 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