The cities of Kitchener, Waterloo and Cambridge form part of the Regional Municipality of Waterloo, an urban centre of over 553,000, and a centre for innovation and industry. Located close to Highway 401, and within a ninety-minute drive from Toronto, this up-and-coming region boasts two major universities and a large polytechnic college. It is the centre of dozens of high tech companies, including Google, OpenText, Christie Digital and RIM, which together employ over 30,000 people.
Waterloo Region has grown rapidly and expects to continue this trend, planning for a population of 750,000 by 2031. It has also seen the largest growth of privately-built student housing in Canada, with over 9,000 beds built to serve the two universities within the last decade. The future is bright for the Region of Waterloo, and it is an exciting place to be buying or building new apartments.