Kitchener, Ontario:
Modernized, business hub, perfect location and vibrant community are the some words that perfectly defined the city. The jobs and the population of the city in growing with the time. To compensate with the needs of the residents city is building new structures.
The unemployment rate of the city is very low. This makes it a good choice to live in. at the end of the 2017, the unemployment rate in the waterloo region was on its lowest mark in the 13 years. Many companies are looking to the waterloo region to base their business. With this it seems that the number of jobs will increase in the future.
When we talk about arts and culture Kitchener is the center of everything. There is always something in the city that entertain, amuse and inform. Informal outdoor storytelling, finest theatre and musical entertainment, annual festivals there are many things for the people of the Kitchener.
One can find a home of its dream in the city. You can have a gorgeous old home on a street with tree lines, a comfortable modern condo, and a family home with the friendly kid neighborhoods or a large loft. There is something for everyone from the young professionals to the old retirees and the families.
There is a wide range of public, private and religious elementary and secondary schools in the Kitchener. The University of Waterloo and Wilfrid Laurier University are two outstanding universities having maintained downtown Kitchener campuses just on a few minutes’ drive from the city. The ministry of college training and universities has titled the Conestoga College Institute of Technology and Advanced Learning number one college of its type in the province. There is plenty of great care for the people of the Kitchener when talk about the health.
The price of a 2 bedroom detached house with 2 bathrooms is $463K, a 3 bedroom house with 3 bathrooms is of $573K and a 4 bedroom house with 3 bathrooms is of $681K. The average price of a single bedroom town house with one bathroom is $256K, and of a 3 bedroom town house with 3 bathrooms is of $424K. The prices of condominium houses are even very less and easily affordable in Kitchener. The average price of a single bedroom condo is $225K and a 2 bedroom condo with 1 bathroom is of $265K.
The average days taken by a property to sale in the range of $250K-$500K are 14, while an average of 10 days are taken by a property to sale in the range of $500K-$750K.
Out of the 4 cities of Greater Kitchener it is the 3rd most expensive, 3rd fastest-growing, 3rd fastest-selling and with the 2nd highest turnover.
Right now there are 38 new home developments in the Kitchener that are either under construction or recently completed. Out of these 15 are condominium developments in which 1795 units are under construction. While from the remaining 16 are the single family home developments and the 7 are townhouse developments.
