The Waterloo Region in south central Ontario is one of the fastest growing and most economically stable districts in Canada. People thinking about moving to this region will find all the important big city opportunities you are likely to find in a larger city like Toronto without having the overly fast pace, long daily commutes and extravagant cost of living. For example, while Kitchener-Waterloo real estate is currently considered one of the hottest purchases in Canada, Waterloo Region real estate listed prices are still a fair bit cheaper than in larger cities such as Toronto, Mississauga or Ottawa.
The Regional Municipality of Waterloo is strategically located pretty much in the centre of Southern Ontario, about 70 miles or 100 kilometers from Toronto, 100 mi or 160 km from the U.S. border at Buffalo, and 185 miles or 300 kilometers from Detroit, Michigan.
The main geographical feature of the Region is the Grand River that runs through its heart and has played a major part in its historical development.
According to the census taken in 2006, with 451,235 people, the Wateroo Region was the 11th most populous census metropolitan area in Canada. The largest cities in the Region are Kitchener, Waterloo, and Cambridge as well as surrounding towns, villages and rural areas.
Kitchener is the largest city in Waterloo Region and where the Regional Municipal government is headquartered. In 2006 the population of Kitchener was was just under 205,000. The City of Waterloo situated right next to Kitchener has a population of just under 100,000. Waterloo also has more than 20,000 seasonal college and university students attending its two universities. The two cities are located side-by-side and together are typically called Kitchener-Waterloo or K-W.
The city of Cambridge is located in the southern part of the region and has a population of right around 120,000. Cambridge came into existence in 1973 by the merging of the municipalities of Galt, Preston, Hespeler and Blair. Many local people felt the merger was a "shotgun marriage" forced on them by the Ontario provincial government.
Today The Region of Waterloo is among the most vibrant and fastest growing areas in Canada because it has some of the best farm land in Canada, two highly regarded Universities, a strong financial and insurance industry, diversified industrial production and a burgeoning high tech sector centered around Research in Motion and numerous spinoff businesses from the region's two univeristies.
People moving into the Waterloo Region will find many varied employment opportunities, an exciting and varied cultural life, and unmatched educational facilities. K-W real estate is also quite a bit cheaper than similar homes in other major cities such as Toronto.
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 centre along with the considerable amenities of major urban centres such as Toronto, Mississauga, London and Detroit.
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