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Kitchener-Waterloo A Vibrant And Diverse Area
The K-W area in south central Ontario is among the fastest growing and most economically solid regions of Canada. People thinking of relocating to this community will find all the important advantages you are likely to find in a bigger city such as Toronto without the too quick pace of life, extensive time spent commuting and costly living expenses. For example, 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 a significant amount lower than in more populous cities such as Toronto, Mississauga or Ottawa.
The Regional Municipality of Waterloo is found pretty much in the centre of Southwestern Ontario, about 70 mi or100 km from Toronto, 100 miles or 160 kilometers from the U.S. border at Buffalo, and 185 mi or 300 km from the U.S. border between Windsor and Detroit.
The main geographical feature of the Waterloo Region is the Grand River that runs through many of the areas towns and cities and has played a major part in the development of the region.
In the Canadian census of 2006, the population of Waterloo Region was just over 450,000 and it was the eleventh most populous CMA 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 largest community in the region and where the Regional Municipal government is headquartered. In the census of 2006 the Kitchener's population was was just under 205,000. The City of Waterloo located right next to Kitchener has has just under 100,000 residents. Waterloo also has in excess of 20,000 non-resident college and university students attending classes at its universities and regional colleges. The two cities are located side-by-side and as a unit are typically called Kitchener-Waterloo or K-W.
Cambridge, the other major city in the area is located in the south eastern part of Waterloo Region and has a population of just over 120,000. Cambridge was formed in 1973 by the amalgamation of the municipalities of Galt, Preston, Hespeler and Blair. Many local residents felt the merger was a "shotgun marriage" foisted upon them by the Province of Ontario.
Today Waterloo Region is one of the most vibrant and diverse areas in Canada with some of the best farm land in North America, two well respected Universities, a strong financial sector, diversified industrial production and a flourishing high tech sector centered around Research in Motion and other spinoff businesses from the University of Waterloo and Wilfrid Laurier University.
Families thinking about moving into the Region will find excellent employment opportunities, a diversified cultural life, and unmatched educational facilities. K-W real estate is also considerably cheaper than similar properties in other nearby cities such as Toronto.
Indeed, residents and businesses in Waterloo Region have the best of both worlds. They have the advantages of living in a smaller urban centre while being ideally situated to take advantage of the amenities of major urban centres such as Toronto, Mississauga, London and Detroit.
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