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Spur Line Common
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Condo Project Summary
This new condo development will take advantage of the growing population in this area.
Spur Line Common is a new condominium and townhome development in Waterloo. This new pre-construction project by Reid's Heritage Homes is located at 103 Roger St. just minutes from the University of Waterloo and Google’s newest office expansion It will consist of two mid-rise condominiums and a set of townhomes.
This development will reside at 103-121 Roger Street in Waterloo. This project will have 270 residential units that will come in a wide-range of sizes that will appeal to any lifestyle including young professionals and families.
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Spur Line Common will sit on 5-acres of land and will consist of two mid-rise condos that will each rise 6-storeys high. These condos will have a total of 180 residential units. Additionally, Spur Line Common will come equipped with 90 stacked townhomes creating a grand total of 270 residential units in the complex.
These homes will likely range from one to three bedrooms and will have a wide range of layouts and sizes to accommodate any lifestyle. This development will be divided between two internal streets identified as Street A and B. These streets will connect to Roger Street and Moore Avenue. The north portion of this site will hold the stacked townhomes while the condominiums will sit on the southernmost portion of the complex.
A parkette may be located the north-east corner between Roger Street and Moore Avenue and this open-space could contain elements such as a seated garden, walkways, beautiful landscapes and a children’s playground. This parkette will be used to create a sense of community within the complex.
Connectivity will be an important feature in this development with large pedestrian walkways, open-space and easy accessibility to the buildings within the complex. Stay tuned as we update this page with more information once it becomes available.
Location & Neighbourhood
Spur Line Common will be located in the heart of Waterloo near many landmarks in this city. This development will be just 10 minutes away from the University of Waterloo and 7 minutes from Wilfrid Laurier University, making this complex a great place for student tenants. Families will also find that there are many local schools nearby this development, some of these schools include Kitchener-Waterloo Collegiate, Westmount Public School, MacGregor Public School, Saint Teresa Catholic School and Waterloo Collegiate Institute. Additionally, Grand River Hospital is just 6 minutes away, making this development a great place for medical practitioners and staff to reside.
Waterloo has a growing tech industry that is expected to bring in over 100,000 new jobs by 2041, that’s a 33% increase. There are currently many big corporations and companies that reside in Waterloo including BlackBerry, Sun Life Financial, CTV Kitchener, Manulife Financial, Rogers Communications and Maple Leaf Consumer Foods. The tech sector has many international companies residing here and this industry is only expected to grow bringing in thousands of new jobs and residents in the future.
Some of the companies in this area include Shopify, Intel and Google. Another advantage to investing in this area is that Google will expand its footprint in Waterloo by adding a new office across from its current one and this will serve as Canada’s first Google Startup Accelerator. Google’s office will be just 3 minutes away from this development.
Transit in this area is growing as well with the ION Light Rail that travels through Waterloo and Kitchener, stopping at every landmark throughout both cities. This Light Rail Transit is runned by Grand River Transit and runs every 8 minutes to make public transportation in this area quick and reliable. Central Station that runs on the ION Light Rail is just a 4 minute walk from this development. There is so much growth coming to this area which is why it is becoming a great investment opportunity.
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Spur Line Common Developer
Reids Heritage Homes is a reputable and award-winning developer that has experience building homes for over 40 years. They pride themselves on creating high-quality, sustainable homes while paying close attention to detail and providing their clients with a personal customer service experience. Their knowledge of the industry and unique craftsmanship as well as their commitment to their values has been the underlying foundation of their success year after year.
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