Waterloo is a dynamic urban centre well known for its rich cultural diversity and high-tech savvy.

Often rated as one of the top 10 cities to live in Canada, Waterloo attracts top business talent and students from around the world, advancing its reputation as one of the country’s smartest communities.

The cities of Waterloo, Kitchener, and Cambridge are known as the tri-cities. Over time, these three cities have grown so that their borders are no longer distinct and now share several services, such as bussing, through the larger Region of Waterloo.

Waterloo at a glance

As of 2021, The population of Waterloo is currently 121,440 (Source: 2021 Census).  The Region of Waterloo, made up of the Cities of Waterloo, Kitchener, Cambridge and four surrounding townships with a population of 587,165 (Source: 2021 Census). The region is the 10th largest community in Canada targeting to reach a population of 742,000 by 2031 (Source: Region of Waterloo).

According to the Kitchener Waterloo Association of Realtors, in April 2022 the following were the average prices for housing in the area:

  • Detached homes $1,060,992 CDN
  • Townhomes $763,422 CDN
  • Semi-detached $785,394 CDN
  • Condominium $600,219 CDN

The 2017 median family income for the region was $83,045 (Source: City of Waterloo), and as of April 2020 the Region's unemployment rate was 5.3% (Source: Region of Waterloo).

Located in Southwestern Ontario, the University of Waterloo with its central location can be a commuter destination from several nearby cities. It takes about 20 to 30 minutes to drive across Kitchener-Waterloo (Source: Google Maps). 

Based on Google Maps, the following is the approximate drive times to nearby points of interest: 

  • Pearson International Airport: 60 Minutes
  • Toronto (capital of Ontario): 90 Minutes
  • Niagara Falls, Ontario: 90 Minutes
  • Buffalo, New York: 2 hours 20 minutes
  • Detroit, Michigan: 3 hours
  • Ottawa (capital of Canada): 6 hours

If you are interested in moving to Waterloo, the following links should give you a good insight into what the city offers. 

Note: Some of the links are associated with relator and/or commercial business sites. We do not endorse or recommend these businesses but have found the information presented to be useful. These resources have been marked with a *.