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Open House. Open House on Sunday, July 26, 2026 2:00PM - 4:00PM

Please visit our Open House at 102 Brookmead Street in Elmira. See details here

Open House on Sunday, July 26, 2026 2:00PM - 4:00PM

Welcome to this well maintained family home in one of Elmira's most sought-after neighbourhoods, just steps from the Woolwich Memorial Centre, parks, schools, and walking trails. Offering 4+1 bedrooms, 4 bathrooms, and a finished basement, this move-in-ready home has plenty of space for the whole family. Freshly painted with neutral decor and hardwood floors throughout the main level, the home features a bright living room with a vaulted ceiling and cozy gas fireplace. The spacious kitchen offers an abundance of cabinetry, a pantry, large island with breakfast bar, and is open to the dining area, perfect for everyday living and entertaining. Just off the dining area, the added sunroom provides the perfect spot to relax and enjoy views of the backyard. Convenient main floor laundry and an attached double garage add to the home's functionality. Upstairs, the generous primary suite features a walk-in closet, second closet, and private 4-piece ensuite, while three additional bedrooms provide plenty of room for family or flexibility for a home office. The finished basement includes a large recreation room, fifth bedroom, and an additional bathroom as well as lots of storage and a cold room. This home combines generous living space with an unbeatable family-friendly location, this beautiful home is one you won't want to miss.

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New property listed in 550 - Elmira, 5 - Woolwich and Wellesley Township

We have listed a new property at 102 Brookmead Street in Elmira. See details here

Welcome to this well maintained family home in one of Elmira's most sought-after neighbourhoods, just steps from the Woolwich Memorial Centre, parks, schools, and walking trails. Offering 4+1 bedrooms, 4 bathrooms, and a finished basement, this move-in-ready home has plenty of space for the whole family. Freshly painted with neutral decor and hardwood floors throughout the main level, the home features a bright living room with a vaulted ceiling and cozy gas fireplace. The spacious kitchen offers an abundance of cabinetry, a pantry, large island with breakfast bar, and is open to the dining area, perfect for everyday living and entertaining. Just off the dining area, the added sunroom provides the perfect spot to relax and enjoy views of the backyard. Convenient main floor laundry and an attached double garage add to the home's functionality. Upstairs, the generous primary suite features a walk-in closet, second closet, and private 4-piece ensuite, while three additional bedrooms provide plenty of room for family or flexibility for a home office. The finished basement includes a large recreation room, fifth bedroom, and an additional bathroom as well as lots of storage and a cold room. This home combines generous living space with an unbeatable family-friendly location, this beautiful home is one you won't want to miss.

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📊 Waterloo Region Real Estate Update – June 2026

As of July 6, 2026: June sales were up 4.3% from May, and while the market continues to adjust year over year, the steady month-over-month progress tells us buyers are coming back. Waterloo Region also holds the tightest market conditions of all Cornerstone regions right now. There is opportunity on both sides -- buyers are getting into properties they may not have been able to afford a year ago, while sellers who price and present strategically are still achieving strong results. Here is a quick look at what stood out this month:

  • 🏠 662 homes sold (up 4.3% from May)
  • 📋 1,407 new listings came to market
  • 💰 Average price for all residential real estate: $729,650 (down 6.4% year over year)
  • ⏱️ Average days on market: 27 -- unchanged year over year, but two strategies behind that number: homes priced below market with held offers often sell in under two weeks, while traditionally priced homes are taking 45 to 60 days

Single-family homes saw 441 sales in June, with an average price of $834,730, down 7.4% compared to last year. Months of inventory sits at 3.3 months. Keep in mind that is the average -- there are plenty of homes selling above and below that number depending on location and condition.

Looking at other property types, 48 semi-detached homes sold with an average price of $591,692 and just 1.7 months of inventory -- down 37% from last year -- making it the tightest segment in the market right now. Condominiums recorded 68 sales with an average price of $395,391 and 8.8 months of inventory -- the most saturated segment in the market with the most competition among sellers. Meanwhile 105 townhomes sold at an average price of $567,854 with 4.9 months of inventory, continuing to offer solid value for buyers looking for more space.

The market rewards the right strategy -- the right price, the right presentation, and a realistic plan. Homes that are well priced and well presented are still selling across all segments.

If you would like a deeper breakdown by Kitchener, Waterloo, Cambridge, or by your specific property type, reach out to us -- we are always happy to walk through the numbers with you and help you understand what they mean for your next move.

https://cornerstone.inc/waterloo-region-housing-stats/

Waterloo Region
Melanie & Warren McNeil, REALTORS®
Peak Realty Ltd., Brokerage
hello@teammcneil.com
519-590-3767 ~ 519-498-8118

Waterloo Region Real Estate
Market Update -- June 2026
Prices adjusting -- well-priced homes still sell
Avg Sale Price
$729,650
▼ 6.4% year over year
Days on Market
27
Unchanged year over year
Hold-offer: <2 wks  |  Traditional: 45-60 days
New Listings
1,407
▼ 7.6% year over year
MLS Sales
662
▼ 2.9% year over year
▲ 4.3% vs May
Months of Inventory
4.1
▼ 2.4% year over year
Market Context
Balanced
Priced right, homes sell
Sales by Property Type -- June 2026
Single Detached
441
homes sold
$834,730
▼ 7.4% YoY
3.3 months of inventory  ▼ 5.7%
Semi-Detached
48
homes sold
$591,692
▼ 8.8% YoY
1.7 months of inventory  ▼ 37.0%
Townhome
105
homes sold
$567,854
▼ 9.2% YoY
4.9 months of inventory  ▲ 14.0%
Condo
68
units sold
$395,391
▼ 9.0% YoY
8.8 months of inventory  ▲ 7.3%
Summary
Type Sold Avg Price YoY Mths Inv.
Single Detached 441 $834,730 -7.4% 3.3
Semi-Detached 48 $591,692 -8.8% 1.7
Townhome 105 $567,854 -9.2% 4.9
Condo 68 $395,391 -9.0% 8.8
Melanie & Warren McNeil, REALTORS®
Peak Realty Ltd., Brokerage
519-590-3767  |  teammcneil.com
Source: Cornerstone Association of REALTORS. As of June 2, 2026.

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