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Waterloo Region A Great Place To Live
The K-W area in southern Ontario is one of the fastest growing and most economically solid parts of Canada. People thinking of moving to this community will find all the important advantages one finds in a larger city such as Toronto minus the too quick pace, daily time spent in traffic jams and costly living expenses. For example, while Kitchener-Waterloo real estate is currently considered one of the hottest real estate buys in Canada, Waterloo Region real estate going prices are still a significant amount cheaper than in bigger cities such as Toronto, Mississauga or Ottawa.
The Regional Municipality of Waterloo is conveniently located near the centre of Southern Ontario, about 70 mi or100 km from Toronto, 100 mi or 160 km from the U.S. border at Buffalo, and 185 miles or 300 kilometers from the U.S. border between Windsor and Detroit.
The main geographical feature of this part of Ontario is the Grand River running through its heart and has played a major part in the development of the region.
According to the Canadian census of 2006, with 451,235 people, the Wateroo Region was the eleventh most populous CMA in Canada. The major cities in the Waterloo Region are Kitchener, Waterloo, and Cambridge as well as surrounding towns, villages and rural areas.
Kitchener is the largest community in the Regional municipality and where the Regional Municipal government is headquartered. In 2006 the the number of people in Kitchener was was just under 205,000. The City of Waterloo located right beside Kitchener has a population of just under 100,000. Waterloo also has in excess of 20,000 temporary resident college and university students attending its universities and regional colleges. The two cities are located side-by-side and by most local residents are almost always called Kitchener-Waterloo or K-W.
The city of Cambridge is located in the south eastern part of the region and has a population of right around 120,000. Cambridge was formed in 1973 by the amalgamation of the towns of Galt, Preston, Hespeler and Blair. Many local people felt the merger was a "shotgun marriage" foisted upon them by the Ontario provincial government.
Today The Region of Waterloo is right up there with the most vibrant and diverse areas in Canada because it has some of the best farm land in North America, two highly regarded Universities, a strong financial and insurance sector, diversified industrial production and a flourishing high tech sector centered around Research in Motion and numerous spinoff businesses from the University of Waterloo and Wilfrid Laurier University.
People moving into the Waterloo Region will find excellent employment opportunities, a diversified cultural life, and unmatched educational facilities. K-W real estate is also quite a bit cheaper than similar properties in other Ontario cities such as Toronto.
The fact is, residents and businesses in Waterloo Region have the best of both worlds. They have the advantages of living in a smaller urban centre along with the considerable amenities of major urban centres such as Toronto, Mississauga, London and Detroit.
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