It’s no secret- the surge in the Waterloo Region housing market has plenty to do with the increasing value of the area. Buyers fleeing the inflated prices of the Toronto market have found fantastic results in the reasonably close cities of Kitchener, Waterloo, and Cambridge. Plus, the ever expanding Communitech hub in downtown Kitchener has greatly increased job opportunities in the area. Right now, Waterloo Region is the place to be. So what are some of the best reasons to buy property here? (Photo)
1. Easy Access to Toronto for Commuters
○With increased GO train service between Kitchener and Toronto, keeping your job in the city center doesn’t have to mean exorbitant property or rental costs. Plus, with the upcoming LRT, reaching the train station will be faster than ever. If you prefer to bus, greyhound from downtown Kitchener to Union Station in an hour and a half.
2. Increased Tech Jobs
○Toronto and Kitchener Waterloo are positioning themselves as the next tech hub. In fact, they have been referred to as “Silicon Valley North.” With offices for Google, Research in Motion, Communitech, and more, there are roughly 200,000 technology jobs between KW and the Toronto area. Dynamic job opportunities are attracting more buyers to the region.
3. Rising Property Value
○Real estate in Kitchener Waterloo has caught the eye of both professional and amateur property investors. With the surge in technological growth, increasing population, and popularity of KW properties for out of town buyers, property value is only increasing. Even if you don’t consider yourself a real estate investor, you can be assured that your property in KW is very likely to see an increase in value over the next few years.
Do you have any questions about buying property in Waterloo Region? I’d be happy to answer them! Contact me today to learn more about the housing market in Kitchener-Waterloo.