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Strata Condos | Waterloo

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Strata Condos is a brand new condominium development to be located at 70 King Street North in Waterloo. This project, currently in pre-construction stage, is by HIP Developments. The nearest major intersection is King Street/Bridgeport Road East.

Summary

Project: Strata Condos | Waterloo
Price: TBA
Completion: 2025
Storey: 11 & 24
Units: 367
Developer: HIP Developments
Address: 70 King St N, Waterloo, ON N2J 2X1

Strata Condos | Waterloo

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Strata Condos will consist of two towers — 11 storeys and 24 storeys respectively — accommodating 367 luxury condo units in total that will cater to a modern urban lifestyle. 

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The development’s 4-floor podium will house LAUNCH, a 40,000 square foot public facility devoted to promote Science, Technology, Engineering, Arts, Math (STEAM) culture. 

LAUNCH, which was created after a similar model that is used for minor sports, will be used as a community-focused space meant to nurture creativity, curiosity, as well as innovation. 

With this 4-storey educational facility, this complex is poised to become a significant city destination. 

Registration is ongoing.  Additional details including unit layouts, unit sizes, anticipated occupancy date, VIP Launch and more are still unknown. 

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Strata Condos Highlights

  • Has a Walk Score of 92/100, Transit Score of 60/100, and Bike Score of 92/100
  • Bordered by many shopping, dining, and entertainment options
  • Close to great schools
  • 8-minute bicycle ride to the University of Waterloo
  • 10-minute walk to Wilfrid Laurier University
  • Close to several parks including Waterloo Park, Centennial Park, Veteran’s Garden, Victoria Park and McLennan Park

Amenities 

Strata Condos will feature amenities that will include event rooms, a pool, a fitness centre, outdoor gardens, terraces as well as reflecting pools. 

Transit Options

Strata Condos is located at a transit-friendly spot that offer local transportation options hence allowing for quick travel around town.

Commuting around the city is stress-free as bus lines including 5 Erb, 7 King as well as 19 Hazel are accessible at the doorstep. Strata Condos is also just 5- minute walk to the Waterloo Public Square Station which provides access to the ION rapid transit system.

Commuters will get to the University of Waterloo in only 5 minutes.  Additionally,. Motorists will enjoy being close to Conestoga Parkway, which connects to Highway 401.

Location and Neighbourhood

Strata Condos is conveniently located at the north-end of Waterloo’s central business district and it is surrounded by numerous shops plus services, including a nearby cinema. Uptown Waterloo, which serves as the city’s main urban centre, is a vibrant area with multiple retail stores, eateries, recreational, and entertainment options. 

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This coveted address does not need a car to complete daily errands and the project location’s most important feature is its closeness to the city’s key facilities. 

The area welcomed raised bicycle lanes as well as the construction of LRT tracks just recently, which provide additional value to local residents. 

The project is located just 10-minute walking distance to Wilfrid Laurier University and 8-minute bicycle ride to University of Waterloo, which makes it a perfect off-campus residence for university  students. 

The city of Waterloo is set to welcome new developments as its shift to transforming into a tech and innovation centre.  Strata Condos certainly provides a fantastic real estate investment that homebuyers and smart investors should seriously consider.  

About the Developer

HIP Developments is a Kitchener/Waterloo based top and progressive urban mixed-used real estate developer boasting projects across Toronto, Ontario.

The company has a team of skilled industry professionals who are focused on raising the standard of living for their clients.

At the moment, HIP Developments is as well developing Bright Building, The Gaslight Condos, Barrie Central, and Trio on Belmont.