Waterloo-perfect location
Waterloo is positioned as the third top investment city in Ontario. In order to cope with the increasing demand for students year by year, the University of Waterloo is planning to expand its enrollment plan. With the rapid increase in the population of the university town, coupled with the low vacancy rate of the school district apartments, as well as the rising occupancy rate and school popularity, ONE28 Condos has a unique and excellent location and naturally becomes the first choice for investors. ONE28 Condos meets the three elements of real estate investment: location, location, location!
The ONE28 is very close to the University of Waterloo and Laurel University. It takes 4 minutes to drive to the University of Waterloo; 7 minutes to walk to Laurel University. Coupled with the super high walking index, ONE28 is worth investing in.
Compared with Toronto, Waterloo is a city with a very good human and natural environment. There are many large enterprises and high-tech companies in the Waterloo area.
Canada’s Silicon Valley describes Waterloo the best. Waterloo is known as Canada’s technology triangle. Waterloo is one of the fastest-growing cities in Canada and is rated as one of the five small and medium-sized cities with the most potential for development in the United States and Canada. There are more than 400 high-tech companies located in the region, employing more than 25,000 people. The main business focuses on software development, online application software, e-commerce, artificial intelligence, biochemical technology, and wireless communication technology. The Department of Computer Engineering at the University of Waterloo is world-renowned and has trained a large number of talents in the region. The region’s economic growth is much higher than the national average.
In addition, there are more than 150 large-scale scientific research units in the Waterloo area, and nearly 5 billion funds are spent on research and development each year.
Under the effect of a high-tech city, Waterloo will also become the fastest-growing city in Canada, with an existing population of 543,700 (2016), which is expected to reach 729,000 in 2031.
- Strong population growth rate
- The number of university students increasing year by year
- Housing prices have increased by 40% since 2016, thanks to various emerging industries in Waterloo
- More than 30,000 job opportunities in technology/technology categories
- Three famous Canadian universities are located in Waterloo
- 45 minutes drive to Toronto Pearson International Airport/Toronto City