Young Condos At City Centre

By: Andrin

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Platinum Incentives

  • 1 Year free maintainance
  • Capped Development Charges
  • Leasing During Occupancy
  • Free Assignment
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Project Summary

Right at the centre of a diverse and growing city where restaurants, bars, shops, and energy are aplenty is Young Condos at City Centre. The striking architecture of downtown Kitchener will have some competition with the introduction of this new pre-construction condo.

The John Forsyth Building is a remarkable Art Deco heritage building that has been preserved as a part of the proposed residences. This unique collaboration of old and new is an ode to the Victorian structures in the area. Glass and brick-clad exteriors are paired to bring both contemporary and classic elements together. Young Condos At City Centre in Kitchener is a slice of art in the busy city.

Ideally positioned at King West and Young Street in Kitchener, this project makes a fantastic investment opportunity. Easily one of Kitchener’s most desirable neighbourhoods for young professionals, urbanites and students, the district continues to grow and modernize while maintaining its historic charm.

Price Range

495,500 - 691,000

Deposit Structure
  • 7% on signing up
  • 6% in 30 days
  • 3% in 60 days
  • 4
  • 5% on occupancy
Completion

2024-29

Location

120 King St W, Kitchener, Ontario, Canada

Location & Neighbourhood

This new pre-construction condo makes for a great option for young professionals, families and those who love the idea of living in a self-sufficient neighbourhood that’s close to both employment hubs and entertainment. Downtown exemplifies an urban identity with arts, culture, recreation and commercial spaces that contribute to an excellent quality of life for all citizens.

Kitchener condo sales for the first half of 2018 are up by 93% vs last year. In comparison to the soaring downtown Toronto and GTA condo prices, buyers are looking at Kitchener for more bang for their buck. The latest forecast by Real Estate Investment Network (REIN) puts Kitchener – Waterloo – Cambridge among the top places to invest in the next 5 years.

The economy in this region is strong with world-class high-tech companies like Google just a 15-minute walk away from Young Condos. Biotech firms and industry leaders like LABS, KIK, Shopify and much more are also located just minutes from the new development’s address, 120 King Street West. The area surrounding the project is known as “Silicon Valley of the North”. The booming tech industry here saw 8,400 new tech jobs added in a span of 5 years and this number continues to grow monumentally each year. Young professionals and new graduates are looking towards this neighbourhood to lay down roots and for good reason. The unemployment rate is 5.1% which is way below the national average. Powerhouse tech companies are attracting young professionals at a phenomenal rate.

Amenities

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.

Development Details

Young Condos At City Centre By: Andrin

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:
$ 1,106.02sq.ft $ 120,000 $0.75/sqft.

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