Kitchener is a very thriving community with consistent growth in the real estate market, even when most of the rest of the country has been slowing down.
The Kitchener Waterloo “twin cities” are home to two major schools: University of Waterloo, and Conestoga College (Kitchener). Conestoga College has been ranked as the #1 college in Ontario for 9 out of 10 years.
Waterloo is home to some of the biggest name companies such as RIM, Google, OpenText, McAfee, and others, which provides a good base for employment opportunities.
LOCATION OF KITCHENER WATERLOO
Kitchener is about a forty-five minute drive to hwy 407 at Mississauga, and about an hour (and a half with traffic) to Toronto, making it a very easy commute.
With the affordability of the homes in Kitchener Waterloo, many who live in the surrounding areas do commute to Cambridge, Guelph, Mississauga, Downtown Toronto, and the airport areas.
AFFORDABILITY OF REAL ESTATE IN KITCHENER WATERLOO
Kitchener, which sits closest to the 401, has a wide variety of homes for sale that are completely affordable for anyone looking to buy a house in Kitchener or Waterloo. The price ranges from the mid $100,000′s to as much as $500,000 for more luxury homes.
Many new homes are being built as well, however being that the real estate market in Kitchener Waterloo is so in-demand, houses are not staying on the market as long as they usually would in other areas.
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