The K-W area in southern Ontario is among the fastest developing and most economically stable areas in Canada. People thinking about moving to this community will find just about all advantages one finds in a bigger community like Toronto without having the overly fast pace, extensive time spent commuting and costly living expenses. For instance, while Kitchener-Waterloo real estate is thought to be one of the most advantageous purchases in Canada, Waterloo Region real estate selling prices are still a fair bit cheaper than in more populous cities such as Toronto, Mississauga or Ottawa.
The Region of Waterloo is conveniently located near the centre of Southwestern Ontario, approximately 70 miles or 100 kilometers from Toronto, 100 miles or 160 kilometers 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 many of the areas towns and cities and has been a major player in its historical development.
In 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 and it also includes numerous smaller towns and villages as well as a large and prosperous rural area.
Kitchener is the most populous city in Waterloo Region and where the Regional Municipal government is headquartered. In 2006 the Kitchener's population was was a shade over 200,000. The City of Waterloo located beside Kitchener has has just under 100,000 residents. This does not include more than 20,000 seasonal college and university students attending its universities and regional colleges. The two cities share a common border and by most local residents are often called Kitchener-Waterloo or K-W.
Cambridge, the other major city in the area is found in the southern part of Waterloo 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 residents resisted this amalgamation, considering it a "shotgun marriage" forced on them by the Province of Ontario.
Today The Region of Waterloo is one of the most vibrant and diverse regions of Canada with some of the best agricultural land in Canada, two well respected Universities, a strong financial and insurance sector, diversified industrial production and a flourishing high tech sector anchored in enterprises like Research in Motion and other spinoff companies from the region's two univeristies.
Families thinking about moving into the Waterloo Region will find excellent employment opportunities, a diversified cultural life, and schools that are second to none. K-W real estate is also considerably less expensive than similar homes in other major 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 area while being ideally situated to take advantage of the amenities of larger cities such as Toronto, Mississauga, London and Detroit.
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