Project Details
Introducing Wallaceton, an exciting Master-Planned Community taking shape in Kitchener’s South End at Huron Rd & Fischer-Hallman Rd! Wallaceton features an exclusive collection of Urban Towns nestled within a burgeoning community featuring green trails, retail shops, restaurants, schools, and a unique park setting. Future residents will find themselves just minutes from Downtown Kitchener, Highway 401, CF Fairview Park Mall, Big Box Stores, Fairway Station, the region’s Top Universities and so much more!
Phase 2 Starting From $597,000!
Phase 3 Starting From $624,900!
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 Highway 401, Highway 8, Highway 7, the GO Transit, ION Light Rail Transit and the 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
Wallaceton is being developed by a highly reputable developer, Fusion Homes, who have received the Tarion Warranty Corporation’s prestigious Award of Excellence an unprecedented six times!
Quick Facts*
Developer: Fusion Homes
Address: 23 Spachman St, Kitchener
Nearest Intersection: Huron Rd & Fischer-Hallman Rd
Pricing: Starting From The $600s
Occupancy: Phase 3: January – September 2024 // Phase 2: Move-in Ready
Number of Homes: 118
Home Types: Stacked Townhomes
Square Footage: 930 sq ft – 1,415 sq ft
Maintenance Fees: $0.14 – $0.17/sq ft (Includes common area maintenance, parking maintenance, garbage and snow removal)
Deposit Structures:
Phase 3: $15,000 on Signing // 1.5% in 30 Days // 1.5% in 60 Days // 1.5% in 90 Days // 1.5% in 120 Days // Balance to 10% on Occupancy
Phase 2: 5% on Firming
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, $0 Capped Development Charges, Free Assignment Fee, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Up to $50,000 Off Purchase Price (Phase 3 Standard Units Only), Up to $34,500 in Décor Upgrades (Phase 2 Units Only), NO Closing Cost (Legal Fees Apply), 5 FREE Appliances, 1 Surface Parking Included, Free Right to lease (plus legal fee), Stainless Steel Appliances, White Washer & Dryer, Air conditioner, Black exterior Railing & Window Package
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
