The Canal District at the V&A Waterfront in Cape Town is an outstanding attraction known for its water canals. ADVERTISEMENTExplore The Canal DistrictWhile the Canal District is a prime location for commercial and residential development, it equally holds substantial historic, cultural, and recreational significance. It’s a hotspot for locals and tourists alike, and a prime location to get a feel for Cape Town, its natural landscape and urban spark all in one place. Canal CruiseThe Canal Cruise is almost like the Hop-on-Hop-Off red buses you see driving around Cape Town, except they are in boats. Have you explored the Canal District?