Description
Welcome to this newly proposed luxury condominium destined to diversify Waterloo.
Louie Waterloo Residences is a new mixed-use condominium development by Edgemont Homes in Waterloo. This pre-construction project is located at 101 Columbia Street West, at the corner of Albert and Columbia in the heart of this desirable city. This new condo project is an eight-storey boutique-style luxury condo containing 158 new units.
It will be centrally located in this fast-growing university town – presenting excellent opportunities for student renters and investors alike.
Louie Waterloo Residences will feature up to 158 spacious condo units and 425 square metres of commercial space. The unit breakdown includes a mixture of one-bedroom and two-bedroom configurations, some with and without dens.
The interiors will feature contemporary designs and finishes with commodious rooms and cutting-edge technology. Additionally, each dwelling will feature smart security features and energy-saving amenities to keep up with the innovative standard of living in the region.
The amenities found throughout the condominium will include a variety of common areas, co-working spaces and top-of-the-line features. Residents will have full access to a well-resourced party room, a concierge attended lobby, a fully-equipped fitness centre, a rooftop terrace for hosting BBQs, a lounge and think space. These amenities integrate refined living with work-from-home amenities giving residents the opportunity to sit back and relax or sit down and focus.
The condo will offer several terraces and balconies providing its inhabitants with maximum privacy and views of the gorgeous surrounding area. Residents will also have access to 64 vehicular parking spaces and 68 bicycle parking spaces.
The condo’s exterior will feature ruby red brick – perfectly complimenting the charcoal veneer, chestnut and arctic frost accents. The floor level will feature glass dark windows with a modern porte cochere running through the width of the building, elevating the visual appeal.
Once completed, this new building will add vibrancy, density and height to this increasingly coveted region.
Location & Neighbourhood
Louie Waterloo Residences will be located in one of Canada’s smartest and fastest-growing cities. Waterloo has been named one of the top 10 regions to live in and continues to become more livable and desirable year over year. It has a robust economy and is conveniently connected to the GTA making real estate here a hot commodity. This site is an excellent place for students, families, and investors looking for the perfect window of opportunity.
The region glows with a vibrant culture, rich history, award-winning architecture and a plethora of stunningly lush outdoor spaces to explore.
It is also home to premier universities such as the University of Waterloo and Wilfred Laurier accommodating over 50,000 yearly students. This means thousands of students who need comfortable and all-encompassing off-campus housing, are willing to pay a premium for a home in the area. It is also worth mentioning that rental rates for one-bedroom units in the area have increased by ten percent each year between 2015 and 2017.
Active residents will enjoy the neighbouring wildlife found here including the David Johnston Research & Technology Park, Veteran’s Garden, RIM Park, and Waterloo Park – which are great locations for getting out and enjoying nature. In total, the region contains up to 3,000 acres of parks, 6 conservation areas, and over 20 golf courses meaning you don’t have to travel far to partake in fun-filled outdoor activities.
This development site will also sit conveniently close to urban amenities inclusive of a wide range of retailers, restaurants, bars, cafes and grocery stores. These places can be found within walking distance and biking around the area is also highly recommended. In fact, Waterloo has proposed a pilot project which will add a new network of bike lanes to better connect the city for cyclists.
