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