STRATA CONDOS | WATERLOO

Starts from: $590,800
Occupancy: Move in 2027
  • Property ID 3646
  • Price $590,800
  • Property Type High Rise
  • Property status Move in 2027
  • Label Now Selling
  • Developed By HIP Developments
  • Type 1 Bed + 1 Bath, 2 Bed + 1 Bath, 2 Bed + 2 Bath
  • Number of Stories 25
  • Number of Units 243
  • SqFt Range 551 to 831
  • Price Range (Subject to change without notice) $590,800 to $782,800
  • Deposit Structure $10,000 upon signing, 5% of the purchase price in 30 days (less $10,000 deposit), 5% of the purchase price in 365 days, 5% of the purchase price in 540 days
  • Occupancy Spring 2027
  • Locker $10,000 (Limited availability)
  • Parking Limited parking available for two beds only. $60,000/stall
  • Maintenance Fees $0.52/ SQFT & $35.00 / Month for Parking
  • Included in Condo Fees Building and condominium management, Building security, Amenity rooms, lobbies -- utilities and maintenance, Common areas, parking and property cleaning and maintenance, Snow removal, landscaping, Garbage and recycling, Building insurance, reserve fund contribution, Free WIFI in all indoor amenities / common areas
  • Assignments Fee Waived
  • Right To Lease During Occupancy
  • Capped Development Charges Capped at $6,000
  • Custom Millwork Included Valued of upto $25,000
  • High-Speed Internet Included

Description

Presenting the captivating and innovative architectural marvel by Martin Simmons Sweers Architects, Strata emerges as the portal to an animated community. This remarkable 25-story tower boasts a fluid, undulating façade, where every balcony contributes to a harmonious cadence, providing a secluded sanctuary for spacious living. Strata’s design underscores the seamless fusion of a chic, contemporary, and streamlined urban lifestyle in Uptown Waterloo’s heart while embracing a healthful, nature-centric approach. Elevated on King Street, Strata pulsates with vitality. It introduces fresh prospects for retail and dining, establishes an elevated urban park for residents to discover, and is poised to be an iconic landmark not only on this bustling, storied avenue but for the entire Uptown Waterloo community.

Suite Features:

  • Select from a choice of three base colors
  • Kitchen equipped with quartz countertops and an undermount sink
  • Modern kitchen cabinetry featuring drawers with a soft-close mechanism
  • Stainless steel appliances (stainless-steel fridge, stove, dishwasher, over-the-range microwave)
  • Tailored cabinetry for the laundry room and linen shelves (according to the specified plan)
  • Laminate floors in the entry, living area, dining space, kitchen, closets, and bedrooms
  • Custom-designed wardrobe closets (according to the selected plan)

Essential Stats:

  • 1.06-acre site area
  • The facades facing King Street, Bridgeport Road, and Regina Street
  • Entrance location leading to Uptown Waterloo
  • There are 146 parking spaces available, providing a ratio of 0.60 spaces per residential unit
  • 146 living spaces
  • There are 11 parking spaces designated for commercial units, making a total of 157 parking units
  • There will be 11 visitor parking spaces designated as common elements
  • More than 100 secured bicycle spaces
  • Entry to the parking garage is through Regina Street
  • Pedestrian entry points from Regina, Bridgeport, and King Street

About Waterloo:

Waterloo is a vibrant city in the heart of Southwestern Ontario, Canada. Situated approximately 100 kilometres (60 miles) west of Toronto, it is part of the Tri-Cities region, including Kitchener and Cambridge. With a rich history, a strong educational presence, and a thriving tech sector, Waterloo has become a dynamic and culturally diverse community.

  • Historical Significance: Waterloo’s history dates back to the early 19th century when Mennonite settlers established the first farms in the area. The city’s name is a nod to the famous Battle of Waterloo, a significant event in European history. In the mid-19th century, the area experienced rapid growth with the arrival of the Grand Trunk Railway, transforming it into a bustling hub of commerce and industry.
  • Educational Hub: Waterloo is renowned for its prestigious universities and institutions. The University of Waterloo, founded in 1957, is internationally recognized for its cooperative education programs and its contributions to technological innovation. Wilfrid Laurier University, established in 1911, is known for its strong business, arts, and social sciences programs. These establishments have been instrumental in influencing the intellectual and cultural panorama of the city.
  • Tech Hub: Waterloo has earned the nickname “Silicon Valley North” due to its thriving tech sector. The city has a high concentration of technology companies, startups, and research centers. This is largely attributed to the presence of the University of Waterloo, which has fostered a culture of innovation and entrepreneurship. BlackBerry, once a global leader in mobile communications, was founded in Waterloo and catalyzed the city’s tech boom.
  • Cultural Diversity: Waterloo boasts a diverse and inclusive community with residents from around the globe. This cultural richness is reflected in the city’s culinary scene, festivals, and events, which celebrate various traditions and cuisines.
    Natural Beauty: The city of Waterloo is nestled in a picturesque region characterized by lush parks, scenic trails, and the beautiful Grand River. Both locals and tourists can partake in outdoor pursuits like hiking, biking, and kayaking. The Laurel Creek Conservation Area and RIM Park are popular destinations for those seeking a connection with nature.
  • Arts and Culture: Waterloo is home to a thriving arts community, with galleries, theaters, and cultural events adding to its vibrant atmosphere. The Waterloo Region Museum and the Perimeter Institute for Theoretical Physics are just a few venues contributing to the city’s cultural fabric.
  • Innovation District: The University of Waterloo and the Perimeter Institute area have been designated the Innovation District. This hub fosters collaboration between academia, industry, and startups, further cementing Waterloo’s reputation as a leader in technology and innovation.
  • Highways and Road Networks: Waterloo boasts a well-planned and efficiently managed road network, which serves as the lifeblood of the city’s transportation system. Key highways and roads in the region include:
    • Highway 401: Often referred to as the “Macdonald-Cartier Freeway,” Highway 401 is a vital artery connecting Waterloo to Toronto, the Greater Toronto Area (GTA), and other major cities in Ontario. This extensive highway facilitates the movement of people and goods, fostering economic growth and development in the region.
    • Highway 85: Also known as the Conestoga Parkway, this expressway links Waterloo with the nearby city of Kitchener and provides essential connectivity to other major routes, including Highway 401. It serves as a crucial conduit for commuters and businesses alike.
    • King Street and University Avenue: These arterial roads traverse the heart of Waterloo, serving as key commercial corridors. King Street, in particular, is a bustling hub lined with shops, restaurants, and cultural establishments. These roads facilitate local movement and connect to broader transportation networks.
  • Public Transit:  Waterloo enjoys a well-regarded public transit system operated primarily by Grand River Transit (GRT). The GRT network encompasses a comprehensive bus service that extends throughout the city, ensuring accessibility for residents and visitors. Additionally, the ION Light Rail Transit (LRT) system, introduced in recent years, has revolutionized public transportation in the region. The ION LRT runs along a dedicated track, providing a fast and efficient means of traversing Waterloo, Kitchener, and beyond.
  • Cycling Infrastructure: Waterloo strongly emphasises sustainable transportation, and as such, it boasts an extensive network of cycling paths and lanes. These paths encourage eco-friendly commuting and are a popular choice for recreation and daily transportation for many residents.
  • Connectivity via Waterways: Waterloo is further distinguished by its proximity to the Grand River, which has played a historic role in the development and transportation of the region. While not a primary mode of transportation in contemporary times, the Grand River still serves as a picturesque backdrop. It offers opportunities for recreational activities like kayaking, canoeing, and hiking along its banks.

 

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    Address

    Address: 70 King St N, Waterloo
    • Country: Canada
    • City / Town: Waterloo
    • Postal code / ZIP: N2J 2X1
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