Waterloo Region A Great Place To Live
The Kitchener-Waterloo area in southwestern Ontario is among the fastest growing and most economically vibrant districts in Canada. People looking at moving to this region will find just about all big city opportunities found in a bigger city such as Toronto minus the very fast pace, long daily commutes and costly overhead. For instance, while Kitchener-Waterloo real estate is thought to be one of the hottest real estate buys in Canada, Waterloo Region real estate listed prices are still quite a bit cheaper than in larger cities such as Toronto, Mississauga or Ottawa.
The Region of Waterloo is right in the centre of Southern Ontario, about 70 mi or100 km from Toronto, 100 mi or 160 km from Buffalo, New York, and 185 miles or 300 kilometers from Detroit, Michigan.
The main geographical feature of the area 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.
According to the 2006 census, with 451,235 people, the Wateroo Region was the 11th most populous metro area 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 Regional municipality and the seat of the Waterloo Regional Municipality. In 2006 the population of Kitchener was was a shade over 200,000. The City of Waterloo situated adjacent to Kitchener has a population of just under 100,000. Waterloo also has in excess of 20,000 temporary resident post-secondary students attending its two universities. The two cities share a common border and collectively are usually referred to as Kitchener-Waterloo or K-W.
The city of Cambridge is located in the south eastern part of the region with a population of right around 120,000. Cambridge came into existence in 1973 by the merging of the cities of Galt, Preston, Hespeler and Blair. Many local people felt the merger was a "shotgun marriage" pushed on them by the Ontario provincial government.
In the first decade of the new millenium The Region of Waterloo is among the most vibrant and fastest growing regions of Canada because it has some of the best farm land in Ontario, two highly regarded Universities, a very stable financial and insurance industry, diversified industrial production and a rapidly expanding high tech sector anchored in enterprises like Research in Motion and numerous spinoff businesses from the University of Waterloo and Wilfrid Laurier University.
People settling in the Waterloo Region will find many varied employment opportunities, an exciting and varied cultural life, and schools that are second to none. K-W real estate is also quite a bit cheaper than similar properties in other Ontario cities such as Toronto or Ottawa.
The fact is, people living in Waterloo Region have the best of both worlds. They have the more friendly and pleasant atmosphere found 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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