What $700K Buys You in Waterloo Region Right Now
$700,000. It’s a big number — and in 2025’s Waterloo Region market, it can mean very different things depending on location, style, and condition.
If you’re house hunting with this budget, here’s a look at what you can expect to find across Kitchener, Waterloo, and Cambridge.
In Kitchener: Newer Suburban Comfort
Think modern townhomes or single-detached homes in family-friendly neighbourhoods like Doon South or Huron Park.
3–4 bedrooms
2–3 bathrooms
Open-concept layouts with attached garages
Proximity to schools, trails, and commuter routes
💡 Tip: At this budget, you might even snag a property with a finished basement or a backyard big enough for summer BBQs.
In Waterloo: Smaller Footprint, Prime Location
In sought-after areas like Beechwood or Uptown-adjacent streets, $700K might get you:
A semi-detached or smaller detached home
2–3 bedrooms
Updated kitchens and bathrooms
Walkability to shops, restaurants, and transit
💡 Tip: You’re paying for location here, so expect less square footage than in Kitchener — but more lifestyle perks.
In Cambridge: Space + Character
Cambridge delivers some of the best value for $700K right now.
Larger detached homes, often with 4+ bedrooms
Charming century properties with character features
Bigger lots, sometimes backing onto green space
Easy 401 access for GTA commuters
💡 Tip: Factor in potential renovation costs if you fall for an older home that needs updates.
Condo Options Across the Region
Prefer low-maintenance living? $700K can get you:
Luxury condos in Uptown Waterloo or Downtown Kitchener
2-bedroom units with high-end finishes and building amenities (gyms, rooftop terraces)
Underground parking and storage lockers
💡 Tip: Don’t forget to budget for monthly condo fees, which can range from $300–$800+.
Stretching Your $700K Budget
Getting the most for your money comes down to:
Neighbourhood flexibility — consider just-outside hotspots for better value.
Mortgage strategy — a custom mortgage plan can make higher-priced homes more affordable.
Negotiation — in the right conditions, we can work to get you more upgrades or closing cost help.
For mortgage strategies that fit your budget, connect with Charlotte Ferguson at www.charlottemortgages.ca — she’ll shop rates, run scenarios, and help you find your sweet spot.
📲 Want to see what $700K can buy you today? Let’s book a showing tour tailored to your wish list. Call Charlotte at 519-575-1804 or Nathan at 226-929-6369.