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255 KEATS Way 1207
Waterloo, Ontario
2bed2bath1,588sqft
Ontario
Waterloo Real Estate
Browse homes for sale in Waterloo • Median $599,900
$599,900Median Price
30Avg Days on Market
413Condo263Detached64Commercial12Multi- Unit8Land6Other
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About Waterloo Real Estate
Waterloo, located in the heart of Ontario's Tech Corridor, is a vibrant city known for its rich history and modern innovations. Originally founded in the early 1800s by German settlers, Waterloo has evolved into a hub for education, technology, and culture. The presence of the University of Waterloo and Wilfrid Laurier University not only shapes the city's youthful ambiance but also contributes significantly to its economic landscape. The downtown area, with its historic buildings and contemporary spaces, blends the old with the new, showcasing the city's commitment to preserving its heritage while embracing modern development.
What makes Waterloo particularly unique is its active community life, highlighted by events such as the Waterloo Busker Carnival and the annual Oktoberfest, which celebrates the city's German roots. Residents enjoy a variety of parks and green spaces, including the scenic Laurel Creek Conservation Area, perfect for outdoor activities. The city’s diverse neighborhoods, from the family-friendly Uptown to the bustling student districts near the universities, cater to a wide range of lifestyles and preferences.
Waterloo appeals to various buyer types, including young professionals drawn to its tech industry opportunities, families looking for quality schools and safe neighborhoods, and retirees seeking a vibrant community with plenty of amenities. The city's robust real estate market, with a median listing price of $689,000 and active listings totaling 946, indicates a healthy demand for housing. Whether you're purchasing a modern condo or a historic home, Waterloo offers an array of options that meet different needs and budgets.
946 active listings with a median price of $689,000.
Lifestyle & Community
Living in Waterloo offers a dynamic lifestyle characterized by a strong sense of community and cultural richness. The city buzzes with energy, thanks largely to its student population and tech professionals. Residents often gather at local coffee shops, farmers’ markets, and community events that showcase local artisans and musicians. The community feels interconnected, with numerous clubs and organizations fostering engagement among neighbors. The annual Festivals of Autumn and the Waterloo Arts Festival are just a couple of examples of how the city celebrates its local culture and encourages community spirit.
Local Amenities
- Numerous parks and recreational facilities
- Highly rated public and private schools
- Access to major transit routes and public transport
- Variety of shopping options including local boutiques and major retailers
- Vibrant dining scene with diverse culinary options
- Cultural institutions such as the Canadian Clay and Glass Gallery
- Health and wellness facilities including gyms and community centers
- Proximity to universities and tech incubators
Points of Interest
- Waterloo Park
- Laurel Creek Conservation Area
- The Perimeter Institute for Theoretical Physics
- The Canadian Clay and Glass Gallery
- Uptown Waterloo
- The Waterloo Region Museum
- The St. Jacobs Farmers' Market
- The Boardwalk shopping district
Market Overview
The current real estate market in Waterloo is characterized by a healthy inventory of 946 active listings and a median listing price of $689,000, reflecting a balanced market for both buyers and sellers. Homes are typically spending around 30 days on the market, indicating a steady demand. Buyers can expect a variety of housing options ranging from historic homes to modern condos, appealing to a diverse demographic. Given the city's strong economic fundamentals and cultural offerings, the market is positioned for continued growth.
Investment Outlook
Waterloo presents compelling investment opportunities, particularly for those looking to tap into the rental market, driven by the influx of students and young professionals. With the ongoing development of tech companies and educational institutions, demand for housing is likely to remain strong. Investors can look for properties near the universities or tech hubs, as these locations are expected to yield favorable returns as the area continues to grow.
Ideal For
Waterloo is ideal for a wide range of buyers, including first-time homebuyers seeking affordable entry points, families looking for quality education and community amenities, and retirees wanting a vibrant lifestyle. Investors will find appealing opportunities in the rental market, thanks to the steady influx of students and professionals.
Nearby Cities
Living in Waterloo
Lifestyle
Living in Waterloo offers a dynamic lifestyle characterized by a strong sense of community and cultural richness. The city buzzes with energy, thanks largely to its student population and tech professionals. Residents often gather at local coffee shops, farmers’ markets, and community events that showcase local artisans and musicians. The community feels interconnected, with numerous clubs and organizations fostering engagement among neighbors. The annual Festivals of Autumn and the Waterloo Arts Festival are just a couple of examples of how the city celebrates its local culture and encourages community spirit.
Local Amenities
Numerous parks and recreational facilitiesHighly rated public and private schoolsAccess to major transit routes and public transportVariety of shopping options including local boutiques and major retailersVibrant dining scene with diverse culinary optionsCultural institutions such as the Canadian Clay and Glass GalleryHealth and wellness facilities including gyms and community centersProximity to universities and tech incubators
Market Insights
The current real estate market in Waterloo is characterized by a healthy inventory of 946 active listings and a median listing price of $689,000, reflecting a balanced market for both buyers and sellers. Homes are typically spending around 30 days on the market, indicating a steady demand. Buyers can expect a variety of housing options ranging from historic homes to modern condos, appealing to a diverse demographic. Given the city's strong economic fundamentals and cultural offerings, the market is positioned for continued growth.
Investment Potential
Waterloo presents compelling investment opportunities, particularly for those looking to tap into the rental market, driven by the influx of students and young professionals. With the ongoing development of tech companies and educational institutions, demand for housing is likely to remain strong. Investors can look for properties near the universities or tech hubs, as these locations are expected to yield favorable returns as the area continues to grow.
Written with AI assistance using live MLS data, reviewed by our team.
Price Distribution
$0 – $200K
33
$200K – $400K
117
$400K – $600K
174
$600K – $800K
121
$800K – $1.0M
47
$1.0M – $1.5M
76
$1.5M – $2.0M
23
$2.0M – $3.0M
11
$3.0M+
18
Your Local Expert in Waterloo
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Monty Adeeb
Real Estate Agent · Cambridge
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Frequently Asked Questions About Waterloo
There are currently 770 active residential listings in Waterloo. This includes detached homes, condos, townhouses, and other property types. Listings are updated throughout the day from CREA's DDF®.