About the project
Introducing Evergreen at Lackner Ridge by Reid’s Heritage Homes, the newest addition to the Lackner Ridge Master-Planned Community in Kitchener! Comprised of 6 mid-rise condominiums, Evergreen promises to become the final building in this community, which is situated near Lackner Blvd & Ottawa St in Kitchener’s east end. This new development is sure to capture the attention of homebuyers and investors alike with its unbeatable location and numerous amenities.
Reasons to Buy
There are many reasons why you should consider investing in Evergreen. Here are some of the most important ones:
Population Increase & Economical Outlook
Kitchener is home to over 256,000 people and is part of the Waterloo Region, which also includes Waterloo & Cambridge. The Waterloo Region is projected to grow to nearly 923,000 people by the year 2051, including over 470,000 jobs. The increase in population, coupled with the growth of the Waterloo Region, will make Kitchener an even more desirable city to live in and work, thereby increasing the demand for housing.
Connectivity & Education
One of the standout features of Kitchener is its excellent connectivity. The city is serviced by several highways, including Highway 401, Highway 8, and Highway 7. Additionally, the city is home to GO Transit, ION Light Rail Transit, and Grand River Transit, all of which connect residents to various locations with ease.
The Waterloo Region is also home to some of the best post-secondary institutions in Canada, such as the University of Waterloo, Wilfrid Laurier University, and Conestoga College. Together, these institutions are home to over 95,000 students. This makes Kitchener an excellent location for students, faculty, and staff members alike.
Housing Needs
Kitchener has been experiencing significant growth, which is expected to continue in the coming years. 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 shortage will inevitably increase demand, putting upwards pressure on real estate values and rent prices.
Development Details
The developer of Evergreen is Reid’s Heritage Homes, a renowned name in the Canadian real estate industry. The address of the development is 1300 Lackner Blvd, Kitchener, and the nearest intersection is Lackner Blvd & Ottawa St. While pricing, occupancy, storeys/suites, suite sizes, and deposit structure are yet to be announced, the development is expected to offer one-bedroom to three-bedroom suites to cater to a variety of buyers.
Suite Finishes
The suite finishes at Evergreen are sure to impress. They include laminate flooring, stone kitchen countertops, stainless steel kitchen appliances, stacked washer & dryer, and more. These features are designed to provide residents with a luxurious and comfortable living experience.
In conclusion, Evergreen at Lackner Ridge is an exciting development that offers numerous benefits to prospective buyers. With its excellent location, top-notch connectivity, and high-quality amenities, it’s an excellent investment opportunity for anyone looking to invest in real estate in Kitchener.
Deposit Structure: 15% Deposit
- Property ID 12577
- Price Price on call
- Property Type Pre Construction Condos
- Property status All, TBD
- Label Coming Soon
- Number of Storeys TBA
- Number of units TBA
Location
Walk Score
-
31
Walk Scores Car-Dependent View more
-
31
Bike Score Somewhat Bikeable View more
Address
- Country: Canada
- Province / State: Ontario
- City / Town: Kitchener
- Neighborhood: City Commercial Core
- Postal code / ZIP: N2A 4A8
About the Builder
Reid’s Heritage Homes is a well-established and reputable home builder with a long history of building quality homes in Ontario, Canada. The company has been in operation since 1978 and has built thousands of homes across the province. Reid's Heritage Homes is known for its commitment to quality craftsmanship, energy efficiency, and customer service. The company uses high-quality materials an ...
Similar Properties
WEST OAK URBAN TOWNS | KITCHENER
Click on a star to rate it! Submit Rating Average rating 0 / 5. Vote count: 0 No votes so far! Be the first to rate this post.
ELEVATE CONDOS PHASE 1 | KITCHENER
The pre-construction condos, Elevate Condos in Kitchener aims to provide 15 stories of luxury accommodation. Elevate Condos in GTA possess smart building technologies with a condominium that is upscale. The confirmation to provide facilities that are recreational welcome entertaining social spaces within the property. Amenities and the Exterior Elevate Condos provide charging stations for elevate […]
ELEVATE CONDOS PHASE 2 | KITCHENER
Luxurious, sleek and mesmerizing would be the right way to define Elevate condos in the beautiful city of Toronto. Elevate condos stand in the Kitchener condo community, exemplifying the urban living standard with a variety of condominiums. This beautiful 15 storey mid-rise condominium development will house a luxurious building with a total of 544 units. […]
Verde Living Condos by JD Development Group in Kitchener
Verde Living Condos is a New Condo development by JD Development Group located at Ottawa St S & Westmount Rd E, Kitchener.Verde living kitchener offers an exceptional opportunity to live in one of Kitchener’s most desirable neighbourhoods, Laurentian Commons. These two brand new mid-rise luxury residences are located within a highly desirable area in the heart of the city. […]
Q Condos by Momentum Developments in Kitchener
Welcome to Q Condos, a stunning new addition coming soon to Downtown Kitchener at Duke St & Queen St N! Rising 34-storeys above the original 1917 Beaux-Arts inspired building at 20 Queen, Q Condos will provide residents an address infused with the evolving Arts District it resides in, surrounded with a fantastic assortment of restaurants, boutiques and entertainment venues. Residents will also be just […]
Clark Avenue by Crescent Homes in Kitchener West
Nestled in the Kingsdale-Vanier community of Kitchener, Crescent Homes is proud to present this exclusive selection of freehold homes that are thoughtfully-designed with spacious interiors and beautifully appointed. Creative architectural designs, modern construction methods, and superior finishes are used throughout the home. Surrounded by an abundance of convenience, you will find Fairview Mall, the LRT, […]
Six Midtown Condos is a new condo development by Zehr Group of Companies currently in preconstruction at 607 King Street East, Kitchener, ON. Sixo Midtown Condos is a new landmark development and are among the pre-construction condos developed by Zehr Group of Companies, located at 607 King Street East, Kitchener, ON. This condominium property will […]
10 Duke Street West Condos is a new condo development by VanMar Developments currently in preconstruction at 10 Duke Street West, Kitchener, ON. 10 Duke St W Condos is a new condo development that is in its pre-construction phase developed by VanMar Developments, located at 10 Duke Street West, Kitchener, ON. Reasons to Buy 1.The […]
