Waterloo Region A Great Place To Live
The K-W area in southwestern Ontario is among the fastest growing and most economically vibrant regions of Canada. People considering moving to this area will find all the important advantages found in a bigger city such as Toronto without the hyper fast pace, long daily commutes and extravagant living expenses. For instance, while Kitchener-Waterloo real estate is thought to be one of the hottest real estate buys in Canada, Waterloo Region real estate prices are still considerably cheaper than in larger cities such as Toronto, Mississauga or Ottawa.
The Regional Municipality of Waterloo is conveniently located in the centre of Southern Ontario, about 70 mi or100 km from Toronto, 100 miles or 160 kilometers from Buffalo, New York, and 185 miles or 300 kilometers from Detroit, Michigan.
The main geographical feature of this part of Ontario is the Grand River which runs through many of the areas towns and cities and has played a major part in the way the region has developed.
In the 2006 census, with 451,235 people, the Wateroo Region was the 11th most populous CMA in Canada. The Region includes the cities of Kitchener, Waterloo, and Cambridge as well as surrounding towns, villages and rural areas.
Kitchener is the largest municipality in the region and the seat of the Waterloo Regional Municipality. In 2006 the population of Kitchener was was just under 205,000. The City of Waterloo located adjacent to Kitchener has a population of just under 100,000. Waterloo also has in excess of 20,000 non-resident post-secondary students attending its two universities. The two cities are located side-by-side and by most local residents are usually referred to as Kitchener-Waterloo or K-W.
The city of Cambridge is located in the south eastern part of Waterloo Region with a population of right around 120,000. Cambridge came into existence in 1973 by the amalgamation of the cities of Galt, Preston, Hespeler and Blair. Many local people felt the merger was a "shotgun marriage" pushed on them by the Province of Ontario.
In the first decade of the new millenium The Region of Waterloo is among the most vibrant and diverse regions of Canada because it has some of the best farm land in Ontario, two well respected Universities, a very stable financial and insurance industry, diversified industrial production and a flourishing high tech sector anchored in enterprises like Research in Motion and numerous spinoff businesses from the University of Waterloo and Wilfrid Laurier University.
Families thinking about settling in the Waterloo Region will find many varied employment opportunities, a diversified cultural life, and schools that are second to none. K-W real estate is also quite a bit cheaper than similar properties in other nearby cities such as Toronto or Ottawa.
The fact is, people living in Waterloo Region have the best of both worlds. They have the advantages of living in a smaller urban area along with the considerable amenities of major urban centres such as Toronto, Mississauga, London and Detroit.
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