V105 CITY PROFILE · ON

Kitchener-Waterloo

Slack rental + rising prices · baseline updated February 2026.

Benchmark price$765,000↗ 3.6%

Average 2BR rent$1,8324.1% vacancy

Estimated mortgage$3,977/mobaseline assumption

Population575.8K2021 census baseline

Market scores

Affordability41

Relative purchasing accessibility compared with local incomes.

Rental competition29

Higher scores indicate a tighter rental market.

Investment potential23

Composite yield, growth and market-balance signal.

New construction28

Recent housing construction and permit momentum.

Market activity60

Price movement and buyer-activity conditions.

Buyer demand63

Population, migration and housing-demand pressure.

Housing supply54

How closely housing supply is keeping pace with demand.

Overall score42

Combined market, affordability, supply and demand rating.