Address: 1065 Speedsville Rd

City: Toronto

State/County: Ontario

Zip: N3H 4R6

Country: Canada

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Overview

Updated On:
April 26, 2023

Description

This is new condo project is an excellent investment for those looking to live in the innovative Kitchener-Waterloo region.

1065 Speedsville Road Condos is a new low-rise condo development in Cambridge by New Horizon Development Group. This four-story, 465-unit pre-construction condo is located at 1065 Speedsville Rd, in the River Mill Community, east of Speedsville Rd and south of Equestrian Way.

This development enjoys many conveniences within a 10-minute drive. From job opportunities and shopping centres to spacious parks and distinguished post-secondary schools.

Amenities

1065 Speedsville Road Condos is a low-rise development clad in handsome brown brick with cream-coloured exteriors. An airy lobby joins the two enveloping residential wings. The pleasingly symmetrical layout forms a large rectangle around a central courtyard with attractive landscaping, stone pavers, and ground-level parking for visitors.

There is lush landscaping with many trees, planters, and grassy lawns integrated throughout and around the site. This is also a pedestrian-friendly condo, with easy access to multiple outdoor amenity areas with green space and seating. The total amenity area of this building is 12,615 sq. ft. (4,994 sq. ft. indoor and 7,621 sq. ft. outdoor). Parking for cars (535 spaces) and bikes (163 spaces) is mainly hidden underground.

The building units are in various sizes, ranging from 63 studio, 389 one-bedroom, and 13 two-bedroom suites. All units will be able to enjoy private glass balconies and floor-to-ceiling windows. This is an ideal investment for individuals and couples, especially post-secondary students, of which this region has many.

Location & Neighbourhood

1065 Speedsville Road Condos is part of the newly developed River Mill community. Among the recently built houses, new parks and elementary and high schools will serve the growing community. Directly adjacent to the condo site is a planned commercial plaza that will offer walking-accessible amenities to the community.

It’s easy to get around by car here and access the conveniences of Cambridge and Kitchener. The condo location is a short distance from Hwy 401, with the ramp accessible at Hwy 24/Hespeler Rd, about 6 mins away.

Residents here can take advantage of being a 20-min drive to three excellent universities: the University of Waterloo, the University of Guelph, and Wilfrid Laurier University. It is also near Conestoga College campuses in Kitchener, Cambridge, and Guelph. This provides an excellent opportunity for investors to rent out units to post-secondary students as there is a constant demand for housing.

Although Cambridge is primarily a car-dependent city, one bus route passes Speedsville Rd on Maple Grove Rd north of this site. It goes from Conestoga College to the west to Cambridge Centre mall to the east and back — providing an easy way for students to get to classes and go shopping.