3 Reasons to invest in real estate in the Region of Waterloo

The Waterloo region has been ranked as one of the best places in Ontario to live, work and study. It is very close to Toronto (2.5 hours drive), but much more affordable in terms of living expenses, and home prices. Residents in the region have easy access to trails, parks, and conservation areas, while enjoying a nice balance of city life with plenty of restaurants and entertainment activities.

Kitchener-Waterloo has also been known as the tech hub, as it has the highest density of start-ups in Canada, second highest in the World following Silicon Valley. Several world-class universities and colleges, such as University of Waterloo and Laurier University, play an important role in fostering innovations and technological advances. The booming tech scene in town has attracted both local and foreign professionals to come to the region, making it a very employable place in the country.

The Kitchener-Waterloo region has been one of the fastest growing housing markets in Ontario, appreciating over 10% every year since 2017. The recent pandemic further accelerated the growth, as more people chose to work from home, and needed a more spacious and affordable home outside the GTA. You may wonder whether this growth momentum is going to last, especially given that the average property value is already significantly higher than a few years ago. And the good news is yes, it is very much likely to last, as the Waterloo region is backed with a strong economy and solid demand for home ownership.‍

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