By: IN8 Developmets
A modern high-rise is headed to Kitchener’s growing downtown core, adding to the flourishing area packed with entertainment. At 33 storeys the building will be the city’s tallest, setting it apart from all of its neighbours.
IN8 Developments’ newest project, DTK Condos is slated for an occupancy date of Summer 2021. The development will be placed in the heart of Kitchener’s downtown, projected to stand at 32 Duke Street East.
Due to its location in the heart of Waterloo’s constantly expanding tech center, investors will be interested in Duke Town Kitchener. In addition to being perfectly located in a city so clearly on the rise in tech development, investors will also appreciate that the business center is also home to many ambitious students.
200,000 - 209,000
32 Duke St E, Kitchener, Ontario, Canada
Location & Neighbourhood
The minimalist, modern building’s aesthetic is perfectly fitting for its neighbourhood of Kitchener’s bustling downtown core. The project is currently in the pre-construction phases. The bustling neighbourhood is packed with options from restaurants and bars, to summer street festivals, to culture packed museums. Residents will also be able to make the most of surrounding parks, grocery stores and the farmers market. Whether you are seeking a cultural experience or just a quick tasty bite, It’s never a dull moment in the city.
Also one of Canada’s leading tech centers packed with startups and established companies alike. Residents will be able to make the most of seamless travel throughout the city with the Frederick Street ION stop so close to home. The expressway and GO station will also be at their fingertips. The cherry on top? DTK Condos boasts an extraordinary walk score of 97 out of 100 thanks to its prime location.
Kitchener is the perfect place for both business professionals and students. The building will be ideal for students, as the city’s well recognized University of Waterloo campus stands mere steps away from the development.
Early and late classes will be no object to students thanks to seamless travel between home and school due to such close proximity. On breaks students will have the option to head home to wind down on otherwise exhausting lengthy breaks between classes.
Located in the center of the Business District, the high-rise is well suited to working professionals. Not unlike students living in the building, working residents will be able to make the most of public transit being steps away from home. The prime location in such a flourishing and always growing tech hub also opens many work opportunities for those in the business, technological and startup fields.
Cyclists will also enjoy being in a city packed with designated bike lanes and BikeKitchener, an initiative to help facilitate a cyclist culture that is sustainable and inclusive to all ages and abilities. BikeCheck is also available at select city events not limited to the Multicultural Festival, Kultrun Festival, and Ribfest. Work is currently being done to help make cycling increasingly fun and safe for Kitchener’s wide variety of residents.
When immersed in the busy city and a hectic work or school schedule, residents will enjoy winding down by taking a scenic stroll in nearby parks, also perfect for outdoor summer activities like parties and picnics. Notable close parks for residents to make the most of include Hibner Park, Sand Hill Park and Victoria Park. Families will also enjoy having open play areas nearby for relaxing, quiet weekends after a busy work week.
Investors will largely be intrigued by the influx of companies being born out of Waterloo. Being a tech center has also helped to exponentially urbanize the area, especially the city’s downtown. They will also want to take note of the development’s location in largely student town, packed with students looking to make roots in the city.
These condos will be part of Concord Park Place, which is being developed by one of the most influential developers in Toronto, Concord Adex. They’re renowned for playing one of the most influential roles in shaping Toronto’s skyline by developing the the CityPlace master-planned community, which was pivotal for fleshing out the cityscape from the waterfront.
We expect the same thing to happen with Park Place. This will be a walkable and integrated new neighbourhood with plenty of shops in the ground level of the buildings.
This trio of buildings will feature an innovative twist on the railing balcony with a curved European flair along its signature stature. Each building will have its own impressive and unique view of the 8 acre parkland surrounding this preconstruction development. Sharing one pavilion-style podium, this project will be the epicentre of this new neighbourhood.
Suites throughout this project will range from junior 1-bedroom units starting at 372 to 455 square feet. 1-bedroom units ranging from 555 to 711 square feet. 1-bedroom plus den units ranging from 727 to 875 square feet. 2-bedroom units will range from 727 to 1172 square feet and 3-bedroom units will range from 1168 to 1698 square feet. There will surely be a layout perfect for any walk of life.
DTK Condos By: IN8 Developmets
|Sales Status:||Building Type:||Suite Sizes:|
|Platinum Pre-Construction||Condo||448 sq.ft to 1,654 sq.ft|
|Starting Price Per Square Foot:||Parking Price:||Maintenance Fees:|
|$ 446.42/sq.ft||$ 120,000||$0.75/sqft.|