The Kitchener-Waterloo area in south central Ontario is right there with the fastest growing and most economically vibrant regions of Canada. People looking at relocating to this area will find all the important big city opportunities you are likely to find in a more populous city such as Toronto without the very fast pace of life, extensive time spent commuting and extravagant overhead. For example, while Kitchener-Waterloo real estate is clearly one of the hottest real estate buys in Canada, Waterloo Region real estate prices are still quite a bit more economical than in more populous cities such as Toronto, Mississauga or Ottawa.

The Regional Municipality of Waterloo is right pretty much in the centre of Southwestern Ontario, about 70 mi or100 km from Toronto, 100 miles or 160 kilometers from Buffalo, New York, and 185 mi or 300 km from Detroit, Michigan.

The main geographical feature of the area is the Grand River that runs through the entire region and its major cities and has played a major part in the way the region has developed.

In the 2006 census, the population of Waterloo Region was just over 450,000 and it was the 11th most populous metro area 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 municipality in the region and the seat of the Waterloo Regional Municipality. In the census of 2006 the Kitchener's population was was just under 205,000. The City of Waterloo situated right next to Kitchener has has just under 100,000 residents. Waterloo also has in excess of 20,000 non-resident post-secondary students attending classes at its two universities. The two cities are located side-by-side and collectively 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 with a population of just over 120,000. Cambridge came into existence in 1973 by the merging of the municipalities of Galt, Preston, Hespeler and Blair. Many local residents felt the merger was a "shotgun marriage" pushed on them by the Province of Ontario.

In the first decade of the new millenium Waterloo Region is one of the most vibrant and fastest growing areas in Canada with some of the best farm land in Ontario, two well respected Universities, a very stable financial industry, diversified industrial production and a rapidly expanding high tech sector centered around Research in Motion and other spinoff businesses from the University of Waterloo and Wilfrid Laurier University.

Families thinking about settling in the Region will find many varied employment opportunities, an exciting and varied cultural life, and unmatched educational facilities. K-W real estate is also considerably cheaper than similar properties in other nearby cities such as Toronto or Ottawa.

Indeed, 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 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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