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ONE28 King Street Condos
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Condo Project Summary
This new condo is a pre-construction condominium by CTN Developments in Waterloo, Ontario.
Conveniently located in the city’s university district, this building features 120 luxuriously-finished suites with access to a full range of modern building amenities. ONE28 King Street Condos is scheduled for occupancy in 2021.
This project is a dream for investors, situated in a prime neighbourhood within a region that’s been called one of the fastest-growing cities in Canada. With booming technology and healthcare sectors, not to mention two of the country’s top-ranked universities, it’s a vibrant part of the province that will benefit greatly from developments like this.
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Situated just across from Wilfrid Laurier University, this project brings a modern touch to a bustling neighbourhood that’s currently short on contemporary housing.
Standing 15 storeys, One28 King St North will feature 120 suites, and 2 Commercial Condo Units. Suites will offer a mixture of one-bedroom, one-bedroom plus den and two-bedroom layouts, as well as two live/work units with exterior patio access. One-bedroom units will boast 536+ sq.ft, while two-bedroom units will span 798+ sq. ft.
Residents will have access to a range of amenities that rivals any metropolitan condo building, including a party room, study room, fitness centre with yoga studio and a green rooftop terrace with barbecue stations.
From here, residents can enjoy gorgeous panoramic views of downtown Waterloo. Residents will additionally have access to 24 hr. security surveillance, underground parking, secure bike parking, underground parking, and electric car charging stations.
Semi-private elevators, a sleek lobby with concierge service, and lockers for each units will also be incorporated into this innovative building. Not to mention there will also be electric car charging stations and designated parking for car sharing services. With light-filled units that boast efficient layouts and high-quality finishes, these suites will be in coveted by professionals and students alike.
Location & Neighbourhood
Condos in Waterloo are highly in demand and this project takes full advantage of that. The population of full-time students in the region sits at 56,800 and 98% of those need safe, comfortable off-campus housing and are willing to pay a premium for it. In fact, rental rates for one-bedroom units in the area have increased by ten percent each year between 2015 and 2017.
Just minutes from both Wilfrid Laurier University and the University Waterloo – not to mention the UW Technology Park – this is a great area for both students, faculty and off-campus professionals. It’s close to shopping, dining and just minutes from all downtown Waterloo has to offer. This area scores a high 89/100 on its Walk Score, making it convenient to get to your destination on foot. A rapid transit line is also under construction in the area, which will make connections to other parts of the city even more seamless.
With a long history of reinvention and innovation, Waterloo has long been a fantastic place to live, work and play. It’s been called one of the fastest-growing cities in Canada as well as one of the top 10 regions to live.
Between 2011 and 2016, the city added 8,400 technology jobs, a 65.6 percent growth rate. Both the area’s technology and healthcare sectors are booming and it’s well known for this.
This is a supreme investment opportunity that takes advantage of a need for sophisticated, modern housing and a rapidly-urbanizing area close to employment districts and two of the country’s best universities. Don’t miss your opportunity!
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ONE28 King St North Condo Developer
CTN Developments is a Toronto-based firm with a small but innovative portfolio. With a focus on environmental sustainability and projects that adapt to the GTA’s changing real estate landscape, they think beyond the physical elements. Considering the social, cultural and economic infrastructure of the areas they build in is a core component of their building philosophy.
Read more about this developer.
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