The Gaslight District

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Home to over 149,000 people, Cambridge is a part of the Waterloo Region which also encompasses Kitchener & Waterloo. 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 Cambridge an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced by Highway 401, Highway 8, Highway 24, GO Transit, ION Light Rail Transit and Grand River Transit – connecting you to everywhere you need to go with ease. 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
Cambridge has been experiencing tremendous growth. 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: 15 Glebe St, Cambridge
Nearest Intersection: St Andrew St & Cedar St
Pricing: Starting From The $600s
Occupancy: 30+ Days
Storeys/Suites: 20 Storeys / 400 Suites
Suite Types: Two Bedroom Suites
Suite Sizes: 968 sq ft – 1,165 sq ft
Maintenance Fees: $0.35/sq ft (Heat ,Building manager, Concierge, Building security, Amenity rooms, lobbies utilities and maintenance, Common areas, parking and property cleaning and maintenance, Building insurance, Reserve fund contribution, Free WIFI in all indoor amenities / common areas)
Deposit Structure: $5,000 on Signing // 5% Minus $5,000 in 30 Days // 15% on Occupancy
Incentives:* Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, No Closing Adjustments for Development Charges, Assignments Permitted ($4,000), Leasing & Property Management Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Parking Included, Right to Lease During Occupancy
Suite Finishes: Quartz countertops with undermount stainless sink and goose neck faucet, Quality Kitchen cabinetry in stained wood or modern painted finish with designer hardware, Kitchen Islands (some with build in dining islands-per plan) Some Islands optional, Smooth finish painted ceilings at 9’ (10’ on Penthouse Level), Appliances – stainless-steel fridge, stove, dishwasher, hood range, washer and dryer, Contemporary 30” Stainless Steel Walk Mount Triangular Range Hood, Modern Pot Lights in Kitchen
Building Amenities: Party room with bar/lounge, large TVs and ping pong table, Residents Lounge with wet bar, pool table and TV’s, Catering Kitchen and Group Dining, Flexible Amenity Room, Large, landscaped outdoor terrace featuring mature trees, plants, flowers, raised walking trail, trellis, seating, grass berm, fire pit, TV’s, dining and lounge areas