61 Ainslie Street South Condos

Description

Condo Project Summary

This stunning new condo development is bringing new life to one of Ontario’s most economically prosperous areas.

61 Ainslie Street South Condos is a new high-rise condominium development in Cambridge by Atlantic Development Group. This pre-construction project with with 392 residential units is located at 61 Ainslie St S, steps from the Grand River and directly across from the Ainslie Street Transit Terminal.

These condos provide the perfect opportunity to embrace walkable urban living in a widely historical setting.

Amenities

61 Ainslie Street South Condos bring a strikingly modern exterior that breathes new life and vitality into a transforming neighbourhood.

On the development’s exterior, undulating white balconies circulate around two glass towers rising 15 and 20 storeys into the sky above a common brick-clad podium. For a modern lifestyle in one of Ontario’s top scenic downtown areas, look no further.

Residents and investors in these condos can choose from a total of 392 stylish suites with the following distribution

• One bedroom units (202)
• One bedroom + den units (12)
• Two bedroom units (131)
• Two bedroom + den units (23)
• Three bedroom units (24)
• Two retail spaces will be present on the main floor, providing residents and locals with various goods and services to be accessed on the northwest and southwest corners of the building. Residents can enjoy a spacious lobby with concierge service upon entering. A large indoor amenity area will also be present in the podium, which is likely to bring the benefits of a communal gathering space such as a party room or a complete fitness centre. Today’s condos are home to leading exercise technology that helps residents enjoy a balanced lifestyle just steps from their front door.
• Development plans also indicate an outdoor amenity space is likely to be present on the sixth floor. A rooftop terrace with spaces that invite intimate conversations in calming lounge areas can add depth to daily interactions. Small and large group dining areas can also provide the perfect location for an outdoor barbecue with family and friends to celebrate birthdays, Fridays, and everything in between.
• Residents will also have access to 74 underground parking spaces and 132 internal bicycle parkings spaces. Set to bring leading finishings and the best in modern condominium living, investors are encouraged to register below to follow this condo project’s latest developments.
• Location & Neighbourhood
• Residents of 61 Ainslie Street South Condos will enjoy a prime location just steps from a flourishing local transit hub in the heart of boutique-filled downtown Cambridge. With a WalkScore of 81/100, this spot provides all of life’s daily needs and more within a short distance for a balanced lifestyle.
• The Ainslie Street Transit Terminal is immediately across the street from these condos, providing residents with access to numerous transportation options. Riders can board Grand River surface bus routes running throughout Cambridge and beyond, as well as Cambridge GO Bus services. Connections are also available to the ION light rail line that travels for 19 stops between Conestoga Station in Waterloo and Fairway Station in Kitchener in its own dedicated laneway seperated from traffic. This system can carry up to 200 passengers per vehicle and is expected to transport up to 25,000 riders per day by 2032.
• This development is also located in the heart of an Ontario Urban Growth Centre (UCG). Galt City Centre, also known as downtown Cambridge, is a planned focal point for intensification and will be home to a significant concentration of population growth.

Investors can expect several other condo developments in the immediate vicinity in the coming years. The Region of Waterloo expects to grow to over 890,000 people by 2041, adding hundreds of thousands of new residents. With a healthy average resale appreciation rate and a solid rental appreciation rate over the past decade, real estate investors in Cambridge can expect to benefit.

Residents at this address can enjoy stunning views of the river and the downtown landscape. Conestoga college is a thirty-minute bus ride away, and many amenities are nearby. A short stroll across the Grand River Pedestrian Bridge brings locals to the picturesque Cambridge Sculpture Garden. The Hamilton Family Theatre Cambridge, a 500-seat performing arts centre with world-class acoustics and a full roster of shows year round, is just steps away, along with the Fire Hall Museum and Education Centre.

For fresh local food year round, shoppers need look no further than the Cambridge Farmer’s Market on Dickson Street. Annual events in the area include the Mayor’s Celebration of the Arts, and the Cambridge Arts Ripple Festival.

With major banks, leading retailers, restaurants, and cultural destinations all within a ten-minute walk, this development offers the best in the Waterloo Region for condo living, since it sits in the heart of all the action. Cambridge will continue to blossom in the coming decades, and investing in property now can place you ahead.

Register to speak with one of our platinum agents today and get started.