About the project
An exciting new development is taking shape in the heart of Waterloo! Flex Boutique Condos by Domus Inc in Waterloo features an unbeatable location at Columbia St W & Weber St N where residents will find themselves minutes from the region’s 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! Residents will also find themselves moments from a number of a highly sought after amenities including Conestoga Mall, a stop along the ION LRT and Highway 85
REASONS TO BUY*
POPULATION INCREASE & ECONOMICAL OUTLOOK
Waterloo is one of three cities that make up the Waterloo region and currently has a population of over 145,000 people. 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 Waterloo an even more desirable city to reside in all while increasing the demand for housing.
CONNECTIVITY & EDUCATION
The city is serviced primarily by Highway 85 which offers seamless connection to Highways 7, 8, and the 401 along with GO Transit, ION Light Rail Transit and Grand River Transit – all of which make it incredibly easy to get to where you need to go. 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
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
Domus Developments is an award-winning developer who has achieved an enviable reputation through innovative designs, desirable sites, and a commitment to the highest-quality construction standards having built over 400 Units.
Deposit Structure: 10% Deposit
Incentives
2-Year Lease/Tenant Guarantee
(UP TO $ 3,285/Month!)*
Free Fully Furnished Suites w/ Lease Guarantee
(Valued up to $10,000)
Free Property Management Fees for 2 Years
Parking Discount*
Above Ground
$35,000 $20,000 (HST included)
(Available for Bachelor’s only 355 sq ft – 421 sq ft)
Underground
$40,000 $25,000 (HST included)
(Available for 1 Bed+Den or Larger)
Capped Development Fees
($5,000 For All Units)
Assignment
($0 + legal administrative fee)
Right To Lease During Occupancy
(+ legal administrative fee)
DEPOSIT STRUCTURE
$5,000 on Signing
Balance to 5% in 30 Days
5% February 2024
5% on Occupancy
2 Bedroom Lock off Units or Larger
$5,000 on Signing
Balance to 5% in 30 Days
2.5% February 2024
7.5% on Occupancy
- Property ID 10618
- Price Starting From $400,000
- Property Type Low Rise Condos, Pre Construction Condos
- Property status All, Move in 2024
- Label Coming Soon
- Number of Storeys TBA
- Number Of Units TBA
- Unit Type TBA
Location
Walk Score
-
73
Walk Scores Very Walkable View more
-
72
Bike Score Very Bikeable View more
Address
- Country: Canada
- City / Town: Waterloo
- Neighborhood: Northdale
- Postal code / ZIP: N2L 4H1
About the Builder
Domus Inc. is a Toronto, Canada-based full-service real estate company. Since its founding in 1987, the business has risen to the top of the Toronto real estate market. Domus Inc. has a broad range of real estate services under its belt, including property management, residential and commercial sales and leasing, and real estate consultancy. The skilled agents and brokers on the company's staff ...
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