Yes, quite a few. Of the 274 bungalows for sale in Waterloo Region, 118 ask under $700,000. That's about 4 in 10. Half of them are in Kitchener, where 59 of the 101 bungalows for sale ask under $700,000.
Source: ITSO MLS® data, active listings as of October 27, 2026. All bungalow styles (Bungalow, Raised Bungalow, Bungaloft), freehold and condo, across the Region of Waterloo.
What's for sale in Waterloo Region, by price
| Asking price | Bungalows for sale |
|---|---|
| Under $700,000 | 118 |
| $700,000 to $899,999 | 68 |
| $900,000 to $1,199,999 | 31 |
| $1.2 million and up | 57 |
| Total | 274 |
Source: ITSO MLS® data, active listings as of October 27, 2026.
City by city
- Kitchener: 59 of 101 ask under $700,000. That includes 9 under $500,000 and 18 from $500,000 to $599,999. Middle asking price: $679,000.
- Cambridge: 29 of 66 ask under $700,000, including 12 under $600,000. Middle asking price: $744,900.
- Waterloo: 20 of 49 ask under $700,000, including 8 under $600,000. Middle asking price: $749,999.
Source: ITSO MLS® data, active listings as of October 27, 2026. The city counts were taken a few hours after the region count, so they don't add up exactly to the region total. The townships (Woolwich, Wilmot, Wellesley, North Dumfries) mostly ask more: their middle asking price for new October listings was $999,700.
What actually sells for under $700,000
From October 1 to 27, 2026, 86 bungalows sold in Waterloo Region at a middle price of $722,500. By city:
| City | Sold Oct 1–27 | Middle sold price | Sold over asking |
|---|---|---|---|
| Kitchener | 31 | $660,000 | 12 of 31 |
| Cambridge | 30 | $717,500 | 7 of 30 |
| Waterloo | 18 | $750,950 | 4 of 18 |
Source: ITSO MLS® data, sales with a firm date from October 1 to 27, 2026.
So a typical Kitchener bungalow sold for under $700,000 in October, and more than a third of Kitchener's sales went over asking.
What's harder to find under $700,000
A double garage. Across the region, 112 bungalows for sale have room for two cars or more, but only 36 of those ask under $900,000. If a garage matters, read Double Car Garage Bungalows in Waterloo Region.
Want one floor and less outside work? There were 14 condo bungalows for sale in the region. The Kitchener-Waterloo condo bungalows post has their prices and fees.
Questions people also ask
Where are the bungalows under $600,000? Kitchener has 27, Cambridge 12 and the City of Waterloo 8. The Waterloo Region bungalows under $600K map shows every one, and Kitchener bungalows under $600K shows only Kitchener.
What about $600,000 to $800,000? That's where much of the market sits. The Waterloo Region bungalows $600K to $800K map shows them all.
Which Kitchener neighbourhoods have the lowest prices? The Best Neighbourhoods for Bungalows in Kitchener post ranks them by the numbers, including the lowest middle asking price.
If I sell my two-storey, how much will I have left? In Kitchener in October, a typical bungalow sold for about $47,000 less than a typical two-storey. Read Downsizing to a Bungalow in Waterloo Region, then check your own numbers.
Find a bungalow under $700,000
See them all on the Kitchener Bungalow Map, the Cambridge Bungalow Map and the Waterloo Bungalow Map.
Selling a house to buy a bungalow? Run your numbers with the downsizing calculator, or book a downsizing consultation and we'll go through them with you. Or call Marcus at (226) 907-4448.
Source: ITSO MLS® data, active listings as of October 27, 2026, and sales with a firm date (list date plus days on market) from October 1 to 27, 2026. All bungalow styles (Bungalow, Raised Bungalow, Bungaloft), freehold and condo, in the Region of Waterloo. Data is deemed reliable but not guaranteed. Numbers are totals and medians only and are not a prediction of future prices.
Marcus Umana, REALTOR®, Real Broker Ontario Ltd., Brokerage. Not intended to solicit buyers or sellers already under contract.
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