Westwood Village

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
Ridgeview Homes is an award-winning home building company, designing, building, and achieving houses for over 25 years (Since 1997). Having local roots planted within the Kitchener-Waterloo Region, Ridgeview Homes has flourished since then to serve the surrounding areas of Kitchener, Waterloo, Cambridge, Komoka, London, and Stratford.

Quick Facts*

Developer: Ridgeview Homes
Address: Blenheim Rd, Cambridge
Nearest Intersection:  Blenheim Rd & George St N
Pricing: Starting From The $700s
Occupancy: Fall 2024 – Spring 2025
Number of Homes: 60
Home Types: 3-Storey Rear Lane Townhomes, 2-Storey 20′ Townhomes, 30′ & 36′ Detached Homes
Square Footage: 1,400 sq ft – 2,983 sq ft
Maintenance Fees: $179.95/Month (Includes Garbage & Recycling Collection, and Winter Road Maintenance)
Deposit Structures:
Townhomes: $5,000 on Signing // $10,000 in 30 Days // $10,000 in 60 Days // $10,000 in 90 Days // $10,000 in 120 Days // $10,000 in 150 Days // $10,000 in 180 Days // $10,000 on February 1st, 2024
30′ Detached Homes: $10,000 on Signing // $10,000 in 30 Days // $15,000 in 60 Days // $15,000 in 90 Days // $15,000 in 120 Days // $15,000 in 150 Days // $10,000 in 180 Days // $10,000 on February 1st, 2024
36′ Detached Homes: $10,000 on Signing // $15,000 in 30 Days // $15,000 in 60 Days // $20,000 in 90 Days // $20,000 in 120 Days // $15,000 in 150 Days // $15,000 in 180 Days // $10,000 on February 1st, 2024
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($5,000), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, One Year of Common Elements Fee Included, Up To $10,000 in Décor Dollars ($5,000 For Townhomes, $7,500 For 30′ Detached Homes & $10,000 For 36′ Detached Homes) OR Appliance Package – Home Comfort Package (Video Doorbell, Garage Door Opener & Smart Thermostat)