Why Invest in Zen Towns, in Cambridge Ontario

While the average Canadian house price in January 2019 was down 5.5%, comparatively the average house price in Cambridge in January 2019 was up 4.1%, at an average sale price of $470,891. Since 2016, year over year, the sale price median in Cambridge has seen an increase of 43.83%.

Cambridge historical real estate sale prices from 2009 to 2019

The historic and beautiful city of Cambridge is located along Canada’s major highway, Highway 401. Near Toronto Pearson International (YYZ) and about a 20 min drive to the Region of Waterloo International Airport (YKF), this city is conveniently connected to all major roadways.

The city of Cambridge is located along Canada’s major Highway 401

Cambridge is a third-part of ‘Canada’s Tech Triangle’ which also includes Waterloo and Kitchener. In April 2019, Prime Minister Trudeau called the Waterloo Region an ‘extraordinary hub’ for innovation. The federal government is investing $52.4 million in an innovation network that is expected to create 18,000 skilled jobs in Waterloo, Toronto, and Ottawa.

Waterloo Region is a growing ecosystem of more than 1,570 tech-related businesses

The Waterloo region is already home to some of Canada’s top employers and innovators. In the technology sector alone, companies like Google Canada, OpenText Corp., TextNow Inc., eSentire Inc., and Research in Motion have made this area home and power some of the latest technologies and advancements across the country.

MoneySense magazine ranked Kitchener, Cambridge, and Waterloo region (inclusively) #14 as part of the top 35 best cities to buy real estate in Canada for 2019. At an average home value of $490,484, low unemployment rates and 3% one year annual ROI, Cambridge clearly is a great city to invest in.

In 2018, a UK based firm surveyed 25 cities across Canada and compared the availability of tech talent, entrepreneurial spirit, venture capital, internet speeds and cost of living.  It put Kitchener-Waterloo-Cambridge in first place for the best cities and tech hubs to start a business in Canada.  The region also ranked the third most affordable in the study.

Waterloo Region is home to 65,000 post-secondary students, including more than 20,000
co-operative education students

Academic excellence further drives the economy in this region. The University of Waterloo has become one of the country’s leading universities with 30,000 full and part-time students in undergraduate and graduate programs. Wilfred Laurier University also located in Waterloo specializes in arts and social sciences, business and economics. Conestoga College has risen to become one of Canada’s premier polytechnic institutes.

Zen Communities is conveniently located in Cambridge on Hespeler Road. It is tucked away in tranquil seclusion, yet close to every amenity. Here you can escape to nature without escaping the convenience of urban living.

Zen Townhome Communities in Cambridge. Illustration is artist’s concept. E. & O. E

Hespeler Road also described as the ‘Gateway to Cambridge’ is currently poised for growth. There is an exciting opportunity here to make an excellent first impression as the City looks to transform the area. In the next few decades, there will be higher, mixed-use intensification.  With corridor growth comes a future LRT, which will be a major addition to the area, breeding even further intensification.

Zen Townhomes back onto the quiet Dumfries Conservation area.

Conveniently Located. Contemporary Townhomes Backing onto Conservation. Coming Soon to Cambridge.

Register now:  www.zentowns.ca

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