09/09/2023
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TOP REASONS TO INVEST
✓ Population Growth!
The Waterloo Region is expected to grow to nearly 923,000 people by the year 2051 including over 470,000 jobs.
✓ Housing Needs!
It is estimated that the city will need 259,000 new homes from now until 2031 to meet the demands of the growing population but will only be able to provide 157,800 new homes by that time which means that there will be a high demand for existing housing leading to increased real estate values and rental rates!
✓ World Class Post-Secondary Institutes!
It is estimated that the city will need 259,000 new homes from now until 2031 to meet the demands of the growing population but will only be able to provide 157,800 new homes by that time which means that there will be a high demand for existing housing leading to increased real estate values and rental rates! POPULATION & ECONOMICAL OUTLOOK
Home to over 149,000 people, Cambridge is a part of the Waterloo Region which also encompasses Kitchener & Waterloo. The Waterloo Region is expected to grow to nearly 923,000 people by the year 2051 including over 470,000 jobs. The rise in population along with the growth of the Waterloo Region will make Cambridge an even more desirable city to reside in all while increasing the demand for housing. CONNECTIVITY & EDUCATION
The city is serviced by Highway 401, Highway 8, Highway 24, GO Transit, ION Light Rail Transit and Grand River Transit - connecting you to everywhere you need to go with ease. The Waterloo Region is also home to World Class Post Secondary Institutes such as the University of Waterloo, Wilfrid Laurier University and Conestoga College -- when combined are home to over 95,000 students. HOUSING NEEDS
Cambridge has been experiencing tremendous growth. It is estimated that the region will need over 70,800 new homes by the year 2031, but will only be able to deliver an estimated 54,000 leaving a shortage of nearly 17,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.