Property Address
Description
Condo Project Summary
This new condo project right is by the Innovation District of Kitchener-Waterloo with easy access to countless urban conveniences.
146 Victoria Street South Condos is a new mixed-use, high-rise condominium development in Kitchener. This pre-construction project is located at 146 Victoria St S, at the northeast corner of Victoria St South and Park St in the Cherry Hill neighbourhood.
This project will feature three residential towers of varying heights between 25 and 38 storeys, with a shared podium that offers commercial and community space at grade.
Amenities
Featuring an eye-catching and attractive colour scheme of vibrant red-orange and warm brown, 146 Victoria Street South Condos presides at the northeast intersection of Victoria St S and Park St.
The complex of 25-, 36-, and 38-storey high towers share a 6-storey podium, which houses mixed-use spaces, including indoor and outdoor residential amenities (totalling over 35,000 sq. ft.), commercial and community space at grade (totalling nearly 19,000 sq. ft.), and a multi-level parking garage.
The residential towers comprise 1,124 spacious one- and two-bedroom suites up to 1,000 sq. ft. in size. The building also includes about 600 car and 600 bike parking spaces split between underground and aboveground parking garages for residents and visitors.
Building amenities include stunning rooftop terraces integrated into the design of the 6-storey podium, a vast indoor space on the second floor overlooking the exterior ground floor plaza that serves the commercial units, and more.
This soaring development enjoys proximity to Kitchener’s exciting downtown area and its eclectic shopping, dining, and entertainment. It also remains public transit accessible, so residents can take a variety of transit options to get around the Tri-Cities or even commute to Toronto. This is a wildly profitable investment opportunity for students, thanks to several nearby post-secondary schools, like the University of Waterloo.
Location & Neighbourhood
146 Victoria Street South Condos is a short distance from Kitchener’s exciting and fun downtown area, which stretches along King St. It’s easy to walk to the excellent amenities there. It also enjoys proximity to multiple transit systems, beautiful parks, and the ever-growing tech sector.
This neighbourhood is a biker’s paradise while also sporting good transit options: Grand River Transit (GRT) buses and light rail transit (LRT), GO Transit, and VIA Rail stations are all within 1 km of the condo. Kitchener, Waterloo, and Cambridge are all serviced by the GRT bus system, which operates along Victoria St S, providing east/west cross-city access.
Ion Rail LRT is part of the same GRT system and operates along nearby King St, offering even more connectivity and rapid transit options. It extends from Fairview Park Mall south of the condo site to Conestoga Mall north. Additionally, the train station is less than 5 mins away by car, offering a simple and direct commute to downtown Toronto through GO Transit or wider access with VIA Rail trains.
Kitchener is still a car-dependent city, so highway access is critical. Fortunately, the condo site is less than 10 mins from Highways 7 and 8, which allow motorists to travel quickly to places like Hamilton and Guelph. And it’s only 20 mins from the Region of Waterloo International Airport, which makes international business trips and vacation getaways a breeze.
This condo development is close to many conveniences in town. It’s a 10-min walk to Kitchener’s downtown area with countless entertainment, shops, restaurants, services, and other businesses. Other shopping centres in the Kitchener-Waterloo area include the Shops at Waterloo Town Square, Fairview Park, and Conestoga Mall, all of which are accessible by transit or car.
For everyday groceries, options in this area include specialty stores like Marché Leo’s, Legacy Greens, and New City Supermarket. Bigger box stores like Sobeys and Food Basics are a short drive away. Diverse restaurants nearby include Taste of Seoul (Korean), Crafty Ramen (Japanese), La Cucina Pizzeria (Italian), The Guanaquita Restaurant (Salvadorean), and Ellison’s Bistro (Caribbean). Other highlights include vegan fare at Cafe Pyrus and craft beer at AOK Craft Beer + Arcade.
Places to have fun on the weekends include THEMUSEUM, a modern exhibition space for art and technology, and the Conrad Centre for the Performing Arts, both located downtown. To take a break from the hustle and bustle of the city centre, take a short walk down the street to beautiful Victoria Park, the oldest park in Kitchener. It features a lake with multiple scenic bridges, a pair of local swans named Otis and Ophelia, a splash pad and playground, seasonal outdoor ice rinks, public parking, and washrooms.
The tech sector drives impressive growth in this region. This location sits on the edge of the Innovation District of Kitchener-Waterloo, an exciting place for start-ups and the tech industry. The immense talent and ideas here generate many opportunities for businesses and jobs. Case in point: Google’s corporate offices are a short 12-min walk away!
Of course, one of the biggest reasons to invest here is the proximity to excellent schools. This pre-construction project is close to three universities: the University of Waterloo, Wilfrid Laurier University, and the University of Guelph. Additionally, Conestoga College and satellite campuses of triOS College and McMaster University are located nearby. This is a prime location for students and young workers in the tech industry, which means that the condos are also an excellent investment for renting out units to students and generating passive income.