Property Address
Description
36 Erb St E Condo Project Summary
This is new condo project in the heart of Waterloo with desirable proximity to a busy commercial corridor, multiple post-secondary schools, and ultra-convenient transit.
36 Erb Street East Condos is a new high-rise pre-construction condominium development in Uptown Waterloo. This 22-storey tower with podium and 234 residential units is located on the northwest corner of Erb St E and Peppler St, mere steps from King St N.
This will be a perfect home for students and tech workers in a quickly growing city. Investors can take advantage of the many neighbourhood amenities afforded to residents here. plus a wide selection of shopping, dining, and entertainment, make this part of Waterloo a fantastic place to live.
Amenities
Sporting a contemporary design, 36 Erb Street East Condos will feature a sizable 7-storey podium to accommodate a spacious rooftop terrace. Additional features include private balconies for each unit so residents can enjoy views of the surrounding city from the comfort of their own space.
Homebuyers can pick from 234 units in 192 one-bedroom and 42 two-bedroom sizes — perfect for students and young workers in this buzzy tech metropolis. There will also be 163 parking spaces and 159 bike spaces provided via four levels of aboveground parking.
The condo will include over 6,600 sq. ft. of ground floor retail space, providing additional benefits to residents and the community. A combined total of 24,600 sq. ft. of indoor and outdoor, public and private, amenity space will offer more convenience to homeowners.
More information about suite layouts, features, and amenities is TBA. But looking at other buildings in the area, we can expect high-quality finishes and smart home technology to provide seamless integration and ease of living here.
Location & Neighbourhood
36 Erb St E Condos enjoys an incredibly advantageous spot in Uptown Waterloo. Easy access to transit, shops, restaurants, parks, and universities makes this an ideal location to live, work, and play.
Erb Street is a major road, marking the change in King Street’s north and south sections. Hwy 7 lies less than 3 km from the condo site, providing an easy way for motorists to drive in and out of the city. It takes 30 minutes to drive to Cambridge, less than 40 minutes to Guelph, 1 hour to Hamilton, and less than 2 hours to Toronto.
The condo site is part of a great neighbourhood for getting around by foot or bike, with an excellent walk score of 98 and an even better bike score of 95. Waterloo is served by Grand River Transit, which operates in Kitchener and Cambridge, so riders can easily travel to the rest of the Tri-Cities by light rail or bus. Multiple routes along Erb and King Streets — including the fast ION LRT operating on King Street — and two bus stops within 200 metres of the condo provide plenty of cross-city travelling convenience.
Without going far, residents can revel in the fantastic shopping and dining options nearby. Over 50 bars and restaurants, 18 clothing stores, and 34 salons and spas line King Street in Uptown Waterloo. Enjoy tasty Indian food at Masala Bay, Thai dishes at Thai Sun, fine dining at Trio Restaurant, creative cocktails at The White Rabbit, or classic brunch at Pür & Simple. Or cook up a feast with groceries from the nearby Sobeys, Valu-Mart, or Vincenzo’s.
Stroll among the boutiques of Waterloo Town Square, a quick 5-min walk away. Additionally, the city’s biggest shopping centre, Conestoga Mall, features 130 shops and services, including Hudson’s Bay, H&M, Winners, Old Navy, Indigo, Sport Chek, Apple, and Lululemon. Just 4 km away, it is easily accessible by car or light rail transit. It’s also effortless to get to vibrant Downtown Kitchener, only 3.5 km away, which is also full of great shops, restaurants, and entertainment.
For a reprieve from the hustle and bustle of the city centre, Waterloo Park is an effortless walk west. It boasts a playground, a splash pad, a farmstead with animals, green spaces, walking trails, multiple sports fields, and picnic areas. And adjacent to the condo is Laurel Trail, an 8-km creek-side path that traverses from Uptown Waterloo to Columbia Lake.
Of course, some of the most prominent features of Waterloo are the world-class educational institutes. The University of Waterloo, Wilfrid Laurier University, and Conestoga College are within ultra-convenient distance from 36 Erb St E Condos, providing ample opportunities for investors to rent out units to post-secondary students and generate passive income.
Investors should also consider investing here because this site is part of the Uptown Waterloo Urban Growth Centre, which will see explosive growth in the coming years. Ontario has mandated a density of 200 people and jobs per hectare here by 2031, which equates to about 17,600 people and jobs. The Waterloo Region is also part of Canada’s lively Innovation Corridor, where tech hubs, start-ups, and incubators abound with exciting and forward-thinking ideas to revolutionize the future. Invest today and be part of Waterloo’s thrilling developments!