$2,200/mo
For rent: Apartment

Enjoy city views from this 42nd-floor CORNER SUITE at TEK Tower in Downtown Kitchener's Innovation District. Two bedrooms, two full bathrooms and southwest and northwest exposures complement a bright, open-concept layout. Step onto the balcony to take in the skyline or enjoy the contemporary kitchen with sleek cabinetry, stone countertops and stainless steel appliances. Carpet-free flooring, in-suite laundry and smart-home features add everyday convenience. One underground parking space with an EV charger is included. Residents currently enjoy in-house concierge service, a fitness centre and yoga studio. Additional planned amenities include a sauna, co-working space, party room, indoor walking track, outdoor terrace with BBQs and a firepit lounge, parcel lockers and bike storage. Close to ION transit, Google, Communitech, restaurants, shopping and entertainment. Heat, water and high-speed internet included; tenant pays hydro separately. (Some photos have been virtually staged)
Sold data
Apartment homes in Kitchener took a median of 45 days to sell over the last 90 days, with the quickest quarter selling within 26 days and the slowest quarter taking more than 87, across 50 recorded sales.
That clock counts only the listing each home finally sold on. Measured from the first time these properties came to market, including any earlier listings that were withdrawn and re-entered, the median is 96 days.
The median sale price was $349,900.
Homes sold for about 3.5% below asking on average, so there was room to negotiate.
About 12% of sales closed above the list price.
Around 32% of sellers reduced their price before finding a buyer.
Based on 50 recorded sales in the last 90 days — a small sample, so treat these figures as indicative. Aggregate statistics only; individual sale prices are not shown.
Schools
Kitchener has 66 Fraser Institute–rated schools (57 elementary and 9 secondary), averaging 5.8/10.
School ratings from the Fraser Institute's Ontario school report cards.
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