Welcome to Waterloo, together with Kitchener and Cambridge, these municipalities make up Ontario’s Tri-City region.
Waterloo has been known as a University town, as over 50,000 students flock to the area every fall for programs at University of Waterloo and Wilfrid Laurier University. Conestoga College also has a campus in Waterloo, which is home to 20,000 students every year.
Waterloo has become a hub for major companies setting up office and creating many job opportunities in the region. Companies like BlackBerry, Shopify, and Google all see the potential in the city.
Residents of Waterloo and the Tri-City region are serviced by Grand River Transit, transporting riders throughout the community and surrounding cities without even needing a transfer. Waterloo is also building the ION rapid transit network, which will connect riders within the Tri-Cities more efficiently. Waterloo is located north of Highway 401, connecting motorists to all of southern Ontario.
This all makes Waterloo a promising place for investment as the city saw a 18.3% increase in the price of resale condos from 2016-2017 with an average price of $271,940. Pre-construction condos in Waterloo were selling for an average price of $349,000 in 2017, which is a 19% increase over 2016.
Search and compare condos today and let a CondoNow Certified Expert make Waterloo home.