Kitchener is one of the largest and significant cities of Ontario. Kitchener is also known for its industrial development but recently it is rushing ahead in technology fields with offices of Google Inc. Companies in the region. Central downtown region is an area of significant development and home to many industries or restaurants business. Recently in 2019, it was reinvigorated which makes it more attractive and sustainable for pedestrians. Kitchener is also known as Green street. The climate is humid continental, with cold winters and hot summers.
Kitchener is close to two of the best universities in country; Wilfrid Laurier and University of Waterloo so number of students increases every year that also benefit an intelligent investor. Ion Light Rail Transit System will make the travel between Waterloo and Kitchener speedier in a fast way. It also provides services to other parts of city and surrounding areas.
A Go Transit station is located in the middle of city, allowing riders to connect to GTA and beyond. Oktoberfest is held in Kitchener-Waterloo attracts 700,000 tourists every year. With city’s flourishing real estate market, Kitchener is perfect place to call home with all the facilities and easiness.
ATTRACTIVE FEATURES OF KITCHENER:
Recreational Parks and Natural Parks:
Victoria park is an oldest park with a statue of Queen Victoria that draws attention of many tourists. Huron Natural Area provides spectacular scenery with hiking tracks, streams, meadows and forests. Rockway Gardens is a beautiful spot in city due to convenient access to the Grand River nature-seeking tourists prefer Kitchener city. Any nature lover will love to spent time in this city.
In the downtown area there are many independent shops where money can be spent and Fairview Park Mall is the largest mall in the city where branded things are available in the shops like Walmart, The Bay and Sears, The Gap, Banana Republic, American Eagle Outfitters and The Body Shop etc.
Oktoberfest festival in the Kitchener-Waterloo is the world 2nd largest Oktoberfest festival, which is held for nine days in October every year. It includes beer celebrations and Oktoberfest Thanksgiving parade that is nationally televised.
Kitchener-Waterloo Multicultural Festival is held inVictoria park. This festival features dance, food, music and showcases of several crafts and artifacts around the world
For Music fans.there are many festivals in the city. KOI Music Festival is held for 3 days in the downtown are every year and features 100 rock bands, Protest the Hero, Walk Off the Earth, every time I die etc. Kultrun Music Festival takes place in Victoria Park and has large number of food stands, Music performances etc. The Kitchener Blues Festival is held in the August every year and is dedicate to Blues music.
AVERAGE CONDO PRICES:
In order of Real state listing prices Kitchener is in the Top 20 and its average price is increasing 11.4 % every year. Condos for Sale in Kitchener have an average price of $364,900. Low inventory and modern homes are selling in much higher price ranges that are somehow responsible for increase in average sale price. The average cost of a pre-construction condo in Kitchener in 2017 was $ 369,000, while an increase of 15% happened this year, enticing developers to invest more than $ 1.2 billion in the area. This is very good news for investors.Contact
Realtor at. SKYHUB Canada
905-999-7774 ext. 5055