VIVA Towns

Reasons to Buy*

POPULATION INCREASE & ECONOMICAL OUTLOOK
Home to over 256,000 people, Kitchener is a part of the Waterloo Region which also encompasses Waterloo & Cambridge. 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 Kitchener an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced by Highways 401, 8  7, 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
Kitchener 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
Polocorp is an integrated land development company focused on building communities. For over 40 years, Polocorp has been a part of the Kitchener-Waterloo community. As a family built company, Polocorp understands how the urban form can impact a community and is committed to building lasting communities for people and their families.

Quick Facts*

Developer: Polocorp
Address: Mill St & Queen St S, Kitchener
Pricing: Sold Out
Occupancy: Fall 2024
Suite Types: Studio – Two Bedroom Condo Townhomes
Square Footage: 500 sq ft – 1,450 sq ft
Maintenance Fees: $0.25/sq ft
Deposit Structure: $10,000 Reservation Deposit // 5% Minus $10,000 on Signing // 5% in 60 Days // 5% in 180 Days // 5% on Occupancy
Parking: Town – Parking included (2 spaces) // Stacked Towns – Surface parking: $25,000
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
Features & Finishes: Private balcony, deck or terrace on select units, 27” front load washer and dryer, Stainless steel appliances: 30” fridge, 30“ electric range, 24” dishwasher, 30” over-the-range microwave, High-grade laminate flooring in the Living room and Bedrooms, Ceramic tile flooring in Kitchen, Bathrooms and Storage Space, High-quality kitchen cabinetry, Quartz or Granite surface countertops with backsplash and more
Building Amenities: Exterior amenity space with seating areas, shaded area and barbecue area, Direct access onto the Iron Horse Trail, Separate secured bicycle storage