128 Waterloo Real Estate is a premium real estate agency located in the heart of Waterloo, Ontario. We specialize in helping clients find their dream homes and investment properties in the local area and beyond.
With our team of experienced real estate professionals, we offer personal attention to every client to ensure that they are completely satisfied with their purchase or sale.
Our services include residential sales & leasing, commercial sales & leasing, investment properties, and property management.
We strive to provide our clients with the best customer experience possible so that they can make an informed decision about their property needs.
Location of Waterloo
128 Waterloo road is a city located in the Canadian province of Ontario. It is situated in the southwestern corner of the province, just west of Toronto. The city is part of the Regional Municipality of Waterloo, which also includes Kitchener, Cambridge, and a number of other nearby towns and villages.
The earliest known inhabitants of what is now Waterloo were Indigenous peoples who lived in the area for thousands of years prior to European contact. The region was first explored by Europeans in 1790 and settlers began to arrive shortly thereafter.
By 1803, there were enough people living in the area that it was declared a village by Lieutenant Governor John Graves Simcoe.
In 1816, Waterloo became an incorporated town and by 1912 it had grown large enough to be granted city status by provincial government legislation.
Today, Waterloo has a population estimated at over 98 thousand people with 48% identifying as belonging to visible minorities or mixed race groups.
The primary language spoken here is English (82%), although German (11%) and French (2%) are also commonly heard languages within this diverse community.
Waterloo’s location provides easy access to several major highways including Highway 401 which runs east-west through Southern Ontario connecting Toronto with Detroit Michigan; Highway 8.
Real Estate
Real estate is one of the most profitable investments in the world and has been a reliable source of income for many people over the years. Real estate investing can be an excellent way to build wealth and provide financial security for generations to come.
Investing in real estate can be intimidating, but with the right knowledge and resources, anyone can get started with little to no money down.
For those just getting started in real estate investing, it’s important to understand all of the options available for building your portfolio.
There are three main types of real estate investments: residential, commercial, and industrial properties. Residential properties are typically single-family homes or multifamily dwellings such as duplexes or apartments.
Commercial properties include office buildings, retail stores, warehouses, and other businesses that generate income from renting out space or services provided onsite.
Industrial properties are usually manufacturing plants or factories that require specialized equipment and large areas of land for operations.
When buying a property there are several factors you should consider before making a purchase decision such as location, price point, maintenance costs, etc… Location is a key factor when deciding where to buy because certain areas tend to appreciate more than others over time due to factors like job growth or access to public amenities like schools.
Types of Properties Available
When it comes to buying property, there are a wide variety of different types of properties available on the market.
Depending on your specific needs and budget, you can choose from single-family homes, multi-family dwellings, condos, and townhouses, as well as a range of commercial properties.
- Single-Family Homes: Single-family homes are the most common type of property in the United States. They provide both privacy and independence with their own front and backyards. These houses also come with added features such as garages or carports for extra storage space or outdoor living areas like patios or decks for entertaining guests.
- Multi-Family Dwellings: Multi-family dwellings include duplexes, triplexes, fourplexes, and larger apartment complexes. These properties offer an affordable way to own multiple units at once while still having some degree of privacy between each unit. Multifamily dwellings also offer great investment opportunities since they can generate rental income from tenants who occupy each unit separately.
- Condos & Townhouses: Condominiums (or “condos”) are much like single family homes since they offer similar amenities such as parking spots and shared recreational facilities like swimming pools or fitness centers.
Benefits of Living in Waterloo Real Estate
Waterloo real estate offers a number of benefits for those who choose to call it home. Located in the heart of Southwestern Ontario, Waterloo is an ideal place for people looking for a safe and affordable place to live.
From its vibrant culture and delicious cuisine to its convenient transportation options and ample job opportunities, living in Waterloo real estate has plenty of perks.
To start with, the cost of living in Waterloo is very affordable compared to other cities in Ontario. With an average property tax rate that is lower than the provincial average, homeowners can expect to pay less on their mortgage payments each month.
Additionally, there are many reasonably priced housing options available throughout the city’s diverse neighborhoods – from condos and townhouses to single-family homes – making it easier for people with different budgets to find a suitable place to live.
In addition to being budget-friendly, Waterloo also offers excellent transportation links that make commuting within the city easy and convenient.
Public transit options include buses as well as two light rail lines that connect riders directly from downtown Kitchener-Waterloo all the way up to Toronto’s Union Station.
This makes getting around town or commuting outside of it hassle-free while avoiding traffic congestion during peak hours or parking fees when driving your own vehicle.
Cost of Living in Waterloo Real Estate
Waterloo is the fourth-largest city in Southwestern Ontario, Canada. It is located approximately 100 km west of Toronto and is considered one of the best cities in Ontario to live and work.
With a population of just over 140,000 people, Waterloo has grown exponentially since its foundation as a small agricultural village in 1807 to become an economic hub for technology companies like Research In Motion (RIM), Google, OpenText, and Agfa-Gevaert.
As such, real estate prices have increased significantly over the past several years; however, Waterloo remains relatively affordable when compared to other major cities in Canada.
The average cost of buying a home in Waterloo is around $532,600 according to The Canadian Real Estate Association (CREA).
This price reflects a 5% increase from 2019 and includes both detached single family homes as well as condominiums. The average price for two-story houses has seen an even larger jump with prices going up by 11% from 2019 levels ($519K) to $575K as of 2021.
Condo prices have also increased 6%, now averaging around $365K compared to last year’s $344K; this upward trend can be attributed largely due to new developments that are offering modern amenities such as fitness.
The Local Economy and Job Market
The local economy and job market are intertwined. When one is affected, so too is the other. As unemployment rises, businesses suffer and the local economy may be negatively impacted. Likewise, when businesses thrive and new jobs are created, it can have a positive effect on the local economy as well.
In today’s turbulent economic climate, it’s important to keep an eye on both the local job market and the overall health of your area’s economy in order to stay ahead of any potential problems or opportunities that may arise.
Here are some tips for monitoring your area’s job market and economic conditions:
1) Find out what industries are thriving in your area – Knowing which industries are performing well in your region can help you determine which types of jobs might be more plentiful or desirable when seeking employment.
It can also give you insight into whether certain areas may need more workers or if there is an abundance of available positions elsewhere. Additionally, knowing which industries offer higher salaries can help inform career decisions as well as budgeting decisions for those already employed in a given field.
2) Stay up-to-date with changes to employment regulations – Employers must follow state laws regarding minimum wages and benefits requirements for their employees.
Cultural Attractions and Local Amenities
The city of Atlanta is a vibrant metropolis with an abundance of cultural attractions and local amenities. From its music festivals to its world-class restaurants, the city has something for everyone.
Here’s a quick look at some of the best cultural attractions and local amenities that can be found in Atlanta:
Music: Music is an essential part of life in Atlanta and the city boasts some truly spectacular live music venues. The Fox Theatre is one of the most iconic spots in town, offering a variety of musical acts from classical orchestras to jazz ensembles.
Other popular venues include Variety Playhouse, Terminal West, and Eddie’s Attic – all great spots to catch up-and-coming artists as well as established acts from around the world.
Food: Foodies will love exploring all that Atlanta has to offer when it comes to culinary experiences. From southern comfort food like fried chicken and collard greens to modern takes on classic dishes like shrimp & grits or pimento cheese sandwiches, there’s something for everyone here.
The city also features numerous award-winning restaurants such as JCT Kitchen & Bar or The Optimist where you can indulge in fine dining creations crafted by renowned chefs.
Education Opportunities in the Area
Education is one of the most important investments an individual can make in themselves and their future. With so many opportunities for educational advancement, it’s easy to get overwhelmed. Fortunately, there are plenty of educational opportunities in the area to help students find success.
For those looking to earn a college degree, there are a variety of nearby universities and colleges that offer a broad range of majors and specializations.
Large universities such as The University of Texas at Austin or Texas A&M provide extensive research capabilities and cutting-edge technology while smaller institutions such as St.
Edward’s University or Huston-Tillotson University offers more personalized attention from faculty members plus competitive tuition rates.
Many community colleges also provide two-year associate degrees that can be completed on campus or online depending on the student’s preference.
Plus, these schools often partner with four-year institutions to ensure transferability should the student decide to pursue a bachelor’s degree later on down the road.
For those wishing to pursue technical training or certification, there are also several options available in the area including trade schools and vocational institutes offering diplomas for specific career paths like automotive repair or cosmetology as well as continuing education courses for professionals already working in their field who wish to improve upon their skill.
Conclusion
128 Waterloo Real Estate is an excellent choice for anyone looking to purchase a property in the area. It offers a variety of options, from residential single family homes to luxury condominiums and townhomes.
The prices are reasonable and the location is ideal for those who want to be close to all the amenities and attractions of Waterloo.
With its experienced staff, comprehensive services, and commitment to customer satisfaction, 128 Waterloo Real Estate provides an unbeatable real estate experience.
