The Kitchener-Waterloo area in south central Ontario is right there with the fastest growing and most economically stable parts of Canada. People looking at relocating to this area will find virtually all the big city opportunities you are likely to find in a more populous city like Toronto minus the very fast pace of life, extensive time spent commuting and high overhead. For example, while Kitchener-Waterloo real estate is clearly one of the hottest purchases in Canada, Waterloo Region real estate going prices are still quite a bit lower than in more populous cities such as Toronto, Mississauga or Ottawa.

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

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

According to the 2006 census, the Region's population was a bit more than 450,000 and it was the 11th largest 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 city in the Regional municipality and the seat of the Waterloo Regional Municipality. In the 2006 census the Kitchener's population was 204,6682. The City of Waterloo situated right beside Kitchener has has just under 100,000 residents. Waterloo also has more than 20,000 temporary resident post-secondary students registered at its two universities. The two cities actually abut each other and collectively are almost always called Kitchener-Waterloo or K-W.

Cambridge, the other major city in the area is located in the southern part of the region with a population of just over 120,000. Cambridge came into existence in 1973 with the merging of the municipalities of Galt, Preston, Hespeler and Blair. Many local residents felt the merger was a "shotgun marriage" forced on them by the Ontario provincial government.

In the first decade of the new millenium The Waterloo area is one of the most dynamic and fastest growing areas in Canada with some of the best farm land in Canada, two highly regarded Universities, a very stable financial industry, numerous manufacturing plants and a rapidly expanding high tech sector centered around Research in Motion and other spinoff businesses from the region's two univeristies.

People settling in the Region will find many varied job opportunities, an exciting and varied cultural life, and unmatched educational facilities. K-W real estate is also considerably cheaper than similar homes in other Ontario cities such as Toronto or Ottawa.

Indeed, people living in Waterloo Region have an enviable combination. 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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