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The Waterloo Region in southern Ontario is among the fastest growing and most economically advantaged districts in Canada. People looking at moving to this community will find just about all big city opportunities one finds in a bigger city like Toronto minus the very fast pace, extensive time spent commuting and costly cost of living. For example, while Kitchener-Waterloo real estate is thought to be one of the hottest purchases in Canada, Waterloo Region real estate listed prices are still quite a bit less expensive than in more populous cities such as Toronto, Mississauga or Ottawa.

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

The main geographical feature of the Region is the Grand River running through many of the areas towns and cities 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 eleventh most populous census metropolitan area in Canada. The major cities in the Waterloo Region are Kitchener, Waterloo, and Cambridge as well as surrounding towns, villages and rural areas.

Kitchener is the largest city in the Regional municipality and the seat of the Waterloo Regional Municipality. In 2006 the Kitchener's population was was a shade over 200,000. The City of Waterloo situated right beside Kitchener has a population of just under 100,000. Waterloo also has more than 20,000 temporary resident post-secondary students attending its universities and regional colleges. The two cities share a common border and together are almost always called Kitchener-Waterloo or K-W.

The city of Cambridge is located in the southern part of the region with a population of right around 120,000. Cambridge was formed in 1973 by the merging of the towns of Galt, Preston, Hespeler and Blair. Many local people felt the merger was a "shotgun marriage" forced on them by the Ontario provincial government.

In the first decade of the new millenium The Region of Waterloo is one of 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 very stable financial and insurance sector, 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 settling in the Waterloo Region will find excellent 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 Ontario cities such as Toronto or Ottawa.

The fact is, residents and businesses 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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