Project Details

Welcome to Novo Condos, a new boutique residence coming soon to the heart of Waterloo! Boasting a highly sought-after location near Weber St N & University Ave E, residents of Novo are perfectly placed just minutes from the University of Waterloo, Wilfrid Laurier University, ION LRT Transit, Conestoga Mall and so much more that this thriving city has to offer. Positioned in one  of Canada’s fastest growing communities, renowned as a hub for tech talent, Novo Condos represents a lucrative investment opportunity destined to remain in high demand for years to come!

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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.

Quick Facts*

Developer: Prime Sky Inc.
Address: 58 Marshall St, Waterloo
Nearest Intersection: Weber St N & University Ave E
Pricing: TBA
Occupancy: TBA
Storeys/Suites: TBA
Suite Types: One Bedroom – Three Bedroom Suites
Suite Sizes: TBA
Maintenance Fees: TBA
Deposit Structure: ​TBA
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: TBA

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