Project Details

Introducing Moda Condos, a stunning new development coming soon to Waterloo! Featuring a highly desirable location near Erb St W & University Ave W, residents at Moda will find themselves surrounded with a number of sought after amenities including the University of Waterloo & Wilfrid Laurier University, Grand River Transit, the ION LRT, Shopping and so much more that burgeoning Waterloo has to offer!

CONDOS ON SALE NOW FROM $499,900!

REGISTER TO GET PRICING FOR Moda 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
Moda Condos is being developed by a highly reputable developer, VanMar, who possesses 50 years of building experience!

Quick Facts*

Developer: VanMar
Address: 310 Erb Street W, Waterloo
Nearest Intersection: Erb St W & University Ave W
Pricing: Starting From $499,900
Occupancy: September 2024
Suite Types: One Bedroom Bedroom Suites
Suite Sizes: 501 sq ft – 600 sq ft
Maintenance Fees: $0.62/sq ft
Deposit Structure: $5,000 on Signing // Balance to 5% in 30 Days // 5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, $0 Development Fees, Free Assignment, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, 2-Years of Mortgage Buydown ($1000/month), Free Condo Fees for 2 Years, Head Start Rental Placement Program (Free Tenant Placement 5 Months Before Closing), Right to Lease During Occupancy
Suite Features: Contemporary quartz countertops, Modern stainless steel appliances, including refrigerator, stove, and dishwasher, Contemporary, stainless steel kitchen undermount sink, High-efficiency stacked front-load washer and dryer, Terrace or balcony options with every suite, Premium-quality vinyl-plank flooring
Loft Suite Features: 15-ft Concrete ceilings and feature wall, Large full-height black framed loft-style windows, Glass railings with wooden stair treads, Contemporary quartz countertops with stainless steel kitchen undermount sink, In-suite high-efficiency stacked front-load washer and dryer, Modern stainless steel appliances including refrigerator, stove, and dishwasher, Premium-quality vinyl-plank flooring, BBQ gas line on terraces
Building Amenities: Co-Working Space, Mail & Parcel, Underground Parking & EV Charging, Bike Maintenance & Cleaning, Pet Wash Station

MIB Incentives*

Developer Approved Platinum VIP Brokers
Absolute First Access to Pricing and Floorplans
The Very Best Incentives & Promotions
Extended Deposit Structure
Capped Development Levies
Right of Assignment
Free Lawyer Review of your Purchase Agreement
Free Mortgage Arrangements