From $582,800

Overview

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Strata Condos is a new condo development currently in pre-construction by HIP Developments, with 243 units available and sizes ranging from 551 – 831 sq ft. The development is scheduled for completion in 2025. Located at King St & Bridgeport Rd, Waterloo, ON.

Highlights:

  • Strata Condos Waterloo is a new condo development by HIP Developments located at King St & Bridgeport Rd in uptown Waterloo.
  • The location is in high demand and considered one of the fastest-growing communities in the country.
  • It offers proximity to the booming tech market in Waterloo, attracting young professionals and talent.
  • The development is conveniently situated near prestigious post-secondary institutions, including the University of Waterloo and Wilfrid Laurier University.
  • This makes it an ideal option for students looking for off-campus housing.
  • With many high-tech companies establishing headquarters and offices in the area, Waterloo has become Canada’s fastest-growing tech market.
  • Strata Condos Waterloo provides an investment opportunity with a lower price point compared to condos in Toronto.
  • The residents will have easy access to world-class transit options, including the ION LRT, connecting the tri-cities area.
  • The location offers a bustling and vibrant lifestyle, with a variety of dining, shopping, and entertainment options just minutes away.
  • Conestoga Mall, which features specialty stores and a movie theater, is also a short 10-minute drive away.
  • HIP Developments, the developer behind Strata Condos Waterloo, is a reputable company founded in 2010, primarily focusing on developments in the Waterloo Region.
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Details

  • C.C / Maint:
    $0.52/SF sqft
  • Price ($):
    From $582,800
  • Est. Occupancy:
  • Price Range:
    From $582,800 - $781,800
  • Parking:
    $60,000
  • Builder (s):
    HIP Developments
  • Suites:
    243
  • Storeys:
    25
  • Suite Size:
    551 - 831 sq ft
  • Price / sq ft from:
    $918
  • Parking Maint:
    $35 / month
  • Cost of Locker:
    $10,000
  • VIP Launch:
    Apr 22, 2022

Amenities

  • Co-working Space
  • Dining Area
  • Dog Park
  • Dog Wash Area
  • Fitness Centre
  • Hammocks
  • Meeting rooms
  • Sauna
Deposit Structure

$10,000 Upon Signing
5% of the Purchase Price in 30 Days
(Less $10,000 Deposit)
5% of the Purchase Price in 180 Days
5% of the Purchase Price in 365 Days
5% of the Purchase Price Due on Occupancy

Incentives

Assignments Permitted ($10,000 fee)

Capped Development Charges (Capped at$6,000)

Extended Deposit Structure (15% in 365 days)

Right to Lease During Occupancy

Custom Millwork Included (Value of up to $25,000)

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