By Condo Culture
In this week's blog we explore some of the top reasons to invest in DUO at Station Park in Kitchener. Coming soon to the heart of Canada's most up and coming city!
Station Park is the largest residential development to ever be launched in Kitchener - Waterloo. Located directly across the street from Google’s Kitchener campus which is ready to accommodate 5000 employees and adjacent to the future GO Station, this location is poised for growth!
DUO at Station Park offers an opportunity to avoid the emotion of current market interest rates and buy into a market 3 to 4 years from now where we expect there won’t be enough housing. Let’s take a closer look.
Source: Region of Waterloo - Demographics
Condo vacancy in Waterloo region 0.8% per CMHC
Source: Government of Canada Statistics - Canadian Mortgage and Housing Corporation
“People will look at the Google campus in downtownKitchener as one of two or three special places in the world for engineering shops,” said La Mantia.
Third phase launching immediately after completion of it’s new building Workforce estimated at 5000 upon completion of announced construction
Source: The Record - Google’s Never Ending Expansion in Downtown Kitchener
“Waterloo is a special place for tech. It has unique tech credentials that places it among North America’s most dynamic tech hubs. It’s home to some of Canada’s fastest- growing tech businesses, a globally renowned top tech university and multinationals like Google and SAP, as well as exciting scale-ups like Faire, ApplyBoard and Arctic Wolf.”
Source: Waterloo EDC - What is the Toronto-Waterloo Corridor
1 Bedroom units in Kitchener sell for $550-600,000 with parking and rent for $2000-2200+
Over 2100 residential units in 5 separate towers (Tower 3 selling now) 50,000 sq,ft. of restaurants, cafes, grocery and coolshops at your doorstep 180,000 square feet of office space
More amenities for residents than any other development offered in Canada right now including: bowling lanes, arcade, music studio, chefs kitchen and private dining, aquatic gym, Peloton studio,childrens indoor play centre and skating rink
Skydeck is a shared amenity on floor 4 offering: outdoorplayground, hot tubs, Olympic running track, outdoorgym, dog park and more over 20,000 square feet