About the project
Pioneer Park is a new townhome development by Tofino Builders currently in preconstruction at Kitchener, ON.
Reasons to Buy
- Population Growth: Kitchener is witnessing rapid population growth and is poised to become one of Canada’s fastest-growing communities, projected to reach a population of 742,000 by 2031. Additionally, the KW region boasts the 4th largest population in Ontario!
- Tech Talent Market: Kitchener-Waterloo has garnered recognition as Canada’s swiftest-expanding tech talent market, with its talent pool expanding by nearly 66% over the past five years, resulting in the addition of 8,400 tech jobs. This growth has attracted a surge of young talent while offering a more affordable cost of living compared to Toronto.
- World-Class Post-Secondary Institutions: Situated in close proximity to the region’s world-class post-secondary institutions such as the University of Waterloo, Wilfrid Laurier University, and Conestoga College, the area collectively accommodates over 95,000 students.
Deposit Structure: 10% Deposit
Incentives
● Suites Include A/C
● Suites Include Stainless-Steel Appliance Package
● Suites Include Washer & Dryer
● $0 Assignment Fee (Limited Time Incentive)
● Don’t Pay Maintenance Fee for 1 Year
OR
● Investor Leaseback Program for 12 Months
✓ $2,650 for B-1
✓ $2,250 for M-2
✓ For the Leaseback Program, the Builder will retain a professional property management company to manage the initial lease process to qualify the tenant and collect rent cheques.
✓ A 12 month lease will be entered with the Tenant and Purchaser to ensure the purchaser has full control of the leasing process and fulfils all conditions for the HST Rebate.
CAPPED FEES
1 BEDROOM: $7,500
2 BEDROOMS: $10,000
3 BEDROOMS: $12,500
Limited Deposit Structure – Only 10% until Occupancy
✓ $10,000 on Signing
✓ Balance of 5% in 30 days
✓ 2.5% in 90 days
✓ 2.5% in 180 days
✓ 5% on Occupancy (December 2025)
- Property ID 15063
- Price Starting From $479,900
- Property Type Pre Construction New Townhomes
- Property status All, Move in 2025
- Label Selling Now
Location
Walk Score
- 59 Walk Scores Somewhat Walkable View more
- 45 Bike Score Somewhat Bikeable View more
Address
- Country: Canada
- Province / State: Ontario
- City / Town: Kitchener
- Neighborhood: City Commercial Core
- Postal code / ZIP: N2P 1A3
About the Builder
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