Overview
- Updated On:
- January 31, 2023
Description
This new exciting condo development is enhancing life in one of Ontario’s fastest-developing urban districts.
The Jake Condos is a new mid-rise condominium by VanMar Developments in Waterloo. This six storey pre-construction project with 106 units is located at 101 Golden Eagle Rd, near the University of Waterloo, Wilfrid Laurier University and Conestoga College.
Located in a thriving university town in the heart of Ontario’s Innovation Corridor, these condominiums with a range of suite sizes, along with comfortable amenities, present a fantastic real estate investment opportunity.
The Jake Condos is designed with a modern exterior of mixed materials, including wood, glass, and brick. A contemporary feel guarantees visual style and curbside appeal.
Residents can enjoy attractive landscaping surrounding the development on all sides. VanMar Developments is known for delivering stunning interiors that reflect residents’ needs, and this development promises to deliver.
A total of 106 units will be designed with leading finishings. Large balconies guarantee private space where residents can relax and enjoy fresh air. With room to move, there’s the freedom to create a miniature vegetable garden, lounge on warm summer days, or welcome friends for coffee around outdoor seating.
Locals will also have access to a comprehensive fitness center onsite. Exercise is made easy and affordable indoors, just steps from home. Residents can stay fit throughout cold winter days and return their focus to wellness. A lounge provides additional space to relax and reflect.
As a contemporary building, this condo development will surely please residents and investors on all fronts.
Location & Neighbourhood
Waterloo presents excellent appeal as a place to own an investment property. The University of Waterloo is known worldwide for its engineering programs. As a result, high-quality graduates and innovative entrepreneurs have helped develop the Tri-City area into a world-class tech hot spot. Ontario’s Innovation Corridor is a 112-kilometre stretch originating in Waterloo and running to Toronto that has evolved into North America’s second-largest technology cluster outside of Silicon Valley. This is exciting news for investors.
As more newcomers immigrate to Canada, particularly those working in the technology sector, Waterloo will increasingly become a sought-after location in which to live. Approximately 15,000 tech companies exist along the Innovation Corridor, providing jobs to over 200,000 tech employees. Multinationals such as Google, Blackberry, and EPAM Systems have roots in Waterloo as well as Arctic Wolf, and eSentire. As an investor, this means growth in this area will likely continue for many years.
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