The Waterloo Region in southern Ontario is right there with the fastest growing and most economically stable regions of Canada. People considering relocating to this community will find virtually all the big city opportunities one finds in a more populous city like Toronto without the hyper fast pace of life, extensive time spent commuting and expensive cost of living. For instance, while Kitchener-Waterloo real estate is clearly one of the hottest purchases in Canada, Waterloo Region real estate prices are still considerably lower than in more populous cities such as Toronto, Mississauga or Ottawa.

Waterloo Region is strategically located near the centre of Southwestern Ontario, about 70 miles or 100 kilometers from Toronto, 100 miles or 160 kilometers from Buffalo, New York, and 185 mi or 300 km from the U.S. border between Windsor and Detroit.

The focal point of the Region is the Grand River running through the entire region and its major cities and has played a major part in its historical development.

In the 2006 census, the population of Waterloo Region was just over 450,000 and it was the eleventh largest census metropolitan area 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 largest city in the region and the seat of the Waterloo Regional Municipality. In the census of 2006 the Kitchener's population was 204,6682. The City of Waterloo situated beside Kitchener has has just under 100,000 residents. Waterloo also has more than 20,000 non-resident post-secondary students attending classes at its universities and regional colleges. The two cities actually abut each other and together are often called Kitchener-Waterloo or K-W.

Cambridge, the other major city in the area is located in the southern part of Waterloo Region with a population of just over 120,000. Cambridge was formed in 1973 with the merging of the towns of Galt, Preston, Hespeler and Blair. Many local residents felt the merger was a "shotgun marriage" forced on them by the Province of Ontario.

In the first decade of the new millenium Waterloo Region is one of the most dynamic and fastest growing regions of Canada with some of the best farm land in Canada, two well respected Universities, a very stable financial sector, numerous manufacturing plants and a burgeoning high tech sector anchored in enterprises like Research in Motion and other spinoff businesses from the region's two univeristies.

Families thinking about settling in the Region will find excellent job opportunities, an exciting and varied cultural life, and schools that are second to none. K-W real estate is also considerably cheaper than similar homes in other nearby cities such as Toronto or Ottawa.

Indeed, residents and businesses in Waterloo Region have an enviable combination. They have the more friendly and pleasant atmosphere found in a smaller urban area 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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