New Townhomes Kitchener

Investing In the Kitchener Real Estate Market

Kitchener is a city in Southern Ontario which is a part of the Tri-Cities along with Cambridge and Waterloo as their municipalities are connected intrinsically. Kitchener is located just about at the centre of these three cities with Waterloo taking up the northwest position and Cambridge in the southeast. Kitchener also happens to be the largest of the three cities with a population of 233,700 residents. King Street has an important role to play here as the downtown core of Kitchener is centered around it. This area serves as a hub for several new developments, restaurants and businesses. Kitchener, being a part of the Waterloo region, features several students who belong to two of the best universities in Canada – Wilfrid Laurier and the University of Waterloo. Wilfrid Laurier enrolls over 20,000 students annually and is famous for its courses in business and commerce. The University of Waterloo on the other hand has been ranked as one of the top schools in the country for innovation. Universities across Canada have the habit of retaining the trademarks for innovations that were discovered by either the students or professors; however, the University of Waterloo gives the founder a chance to retain their intellectual property. This feature is one of the reasons why the University is preferred by both students and faculty. It also serves an important role to the city’s tech hub by being a major influencer. When it comes to culture, Kitchener also has some dynamic scenes as well. The city was set by German Mennonites and because of this, it has strong German roots. This in turn has helped in influencing the city from its layout of the streets, right up to its monuments. An annual Kitchener-Waterloo Oktoberfest is held which is influenced by the famous Bavarian festival, which hosts over 700,000 people every year. This city is loaded with opportunities because of the wise investments made and its roots that seem to be thriving.