Flex Condos

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Waterloo is one of three cities that make up the Waterloo region and currently has a population of over 145,000 people. The Waterloo Region is expected to grow to nearly 923,000 people by the year 2051 including over 470,000 jobs. The rise in population along with the growth of the Waterloo Region will make Waterloo an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced primarily by Highway 85 which offers seamless connection to Highways 7, 8, and the 401 along with GO Transit, ION Light Rail Transit and Grand River Transit – all of which make it incredibly easy to get to where you need to go. The Waterloo Region is also home to World Class Post-Secondary Institutes such as the University of Waterloo, Wilfrid Laurier University and Conestoga College, when combined are home to over 95,000 students.

HOUSING NEEDS
It is estimated that the region will need over 70,800 new homes by the year 2031, but will only be able to deliver an estimated 54,000 leaving a shortage of nearly 17,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

REPUTABLE DEVELOPER
Domus Developments is an award-winning developer who has achieved an enviable reputation through innovative designs, desirable sites, and a commitment to the highest-quality construction standards having built over 400 Units.

Quick Facts*

Developer: Domus Developments & Prime Sky Inc
Address: 458 Tamarack Dr, Waterloo
Nearest Intersection: Columbia St W & Weber St N
Pricing: Starting From The $400s
Occupancy: Fall 2024
Storeys/Suites: 7-Storeys / 73 Suites
Suite Types: Studio – Three Bedroom Suites
Suite Sizes: 346 sq ft – 1,354 sq ft
Maintenance Fees: $0.47 sq ft (Water & Electricity Separately Metered)
Extended Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 5% in February 2024 // 5% on Occupancy
2 Bedroom Lock Off Units or Larger Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 2.5% in February 2024 // 7.5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($5,000 For All Units), $0 Assignment (+ legal administrative fee), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, 2 Year Lease/Tenant Guarantee, FREE Fully Furnished Suites with Lease Guarantee (Valued at up to $10,000), FREE Property Management Fees for 2 Years, Parking Discount (Above Ground $35,000 $20,000 (HST included) Available for Bachelor’s only 355 sq ft – 421 sq ft // Underground $40,000 $25,000 (HST included) Available for 1 Bed+Den or Larger, Right To Lease During Occupancy (+ legal administrative fee)
Suite Finishes: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Rooftop Terrace, Fitness Room, Pet Washing Station