Project Details

Introducing Strata Condos, a stunning new development coming soon to the heart of Waterloo located at Bridgeport Rd E & King St N! Featuring a highly sought-after address, Strata Condos places future residents just minutes from the University of Waterloo, Wilfrid Laurier University, Willis Way Station, Conestoga Mall and so much more that this burgeoning city has to offer. Located in one of Canada’s fastest growing communities with a reputation of being Canada’s fastest growing tech talent market, Strata Condos is an ideal investment which will be in high demand for many years to come!

Starting From $590,800!

REGISTER TO GET PRICING FOR Strata 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
Founded in 2010, HIP Developments has always approached real estate development with a broad vision. They believe that it is their job to build more than real estate and to help build cities.

Quick Facts*

Developer: HIP Developments
Address: 70 King St N, Waterloo
Nearest Intersection: Bridgeport Rd E & King St N
Pricing: Starting From $590,800
Occupancy: Spring 2027
Storeys/Suites: 25-Storeys
Suite Types: One Bedroom – Two Bedroom Suites
Suite Sizes: 551 sq ft – 831 sq ft
Maintenance Fees: $0.52/sq ft (Includes: Building and condominium management, Building security, Amenity rooms, lobbies — utilities and maintenance, Common areas, parking and property cleaning and maintenance, Snow removal, landscaping, Garbage and recycling, Building insurance, reserve fund contribution, Free WIFI in all indoor amenities / common areas)
Deposit Structure: $10,000 on Signing // 5% Minus $10,000 in 30 Days // 5% in 365 Days // 5% in 540 Days
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies (Capped at $6,000), Assignments Fee Waived, Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Custom Millwork Included (Value of up to $25,000), Right To Lease During Occupancy, High-Speed Internet Included
Suite Features: Laminate Flooring, Quartz Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Lobby with co-working space, Automated parcel delivery system, Secure interior bike storage, Fitness Studio, Social Lounge, Party Room with Kitchen, Pet Washing Station, Outdoor Terrace with sauna, lounge area, fire pits, hammock lounge, outdoor kitchen/bar and trellis/shade coverings, fenced small dog park, nature walk, outdoor gym and exercise area, Storage lockers, Secured parking garage with EV parking station(s) available on a shared program

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