K-W Homes A Real Bargain
The Waterloo Region in south central Ontario is among the fastest developing and most economically stable regions of Canada. People thinking about relocating to this region will find virtually all the big city opportunities you are likely to find in a bigger community like Toronto without the overly fast pace of life, long daily commutes and expensive cost of living. For example, while Kitchener-Waterloo real estate is thought to be one of the most advantageous purchases in Canada, Waterloo Region real estate prices are still a fair bit more economical than in larger cities such as Toronto, Mississauga or Ottawa.
Waterloo Region is strategically located pretty much in the centre of Southwestern Ontario, approximately 70 miles or 100 kilometers from Toronto, 100 miles or 160 kilometers from the U.S. border at Buffalo, and 185 mi or 300 km from Detroit, Michigan.
The focal point of the Region is the Grand River that runs through many of the areas towns and cities and has been a major player in its historical development.
In the census taken in 2006, the population of Waterloo Region was just over 450,000 and it was the 11th largest census metropolitan area in Canada. The largest cities in the Region are Kitchener, Waterloo, and Cambridge and it also includes numerous smaller towns and villages as well as a large and prosperous rural area.
Kitchener is the most populous city in the region and where the Regional Municipal government is headquartered. In the census of 2006 the population of Kitchener was 204,6682. The City of Waterloo situated right next to Kitchener has has just under 100,000 residents. This does not include more than 20,000 non-resident college and university students attending classes at its two universities. The two cities actually abut each other and together are typically called Kitchener-Waterloo or K-W.
Cambridge, the other major city in the area is found in the southern part of Waterloo Region and has a population of just over 120,000. Cambridge came into existence in 1973 with the merging of the municipalities of Galt, Preston, Hespeler and Blair. Many local residents resisted this amalgamation, considering it a "shotgun marriage" forced on them by the Province of Ontario.
Today Waterloo Region is among the most dynamic and fastest growing areas in Canada with some of the best agricultural land in Canada, two well respected Universities, a strong financial industry, numerous manufacturing plants and a burgeoning high tech sector centered around Research in Motion and other spinoff companies from the region's two univeristies.
Families thinking about moving into the Region will find many varied job opportunities, an exciting and varied cultural life, and unmatched educational facilities. K-W real estate is also considerably less expensive than similar homes in other nearby cities such as Toronto.
Indeed, people living in Waterloo Region have an enviable combination. They have the more friendly and pleasant atmosphere found in a smaller urban centre while being ideally situated to take advantage of the amenities of larger cities such as Toronto, Mississauga, London and Detroit.
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