• 2 years ago
  • 1856 views
From $532,900

Description

Verde Living Condos is a new pre-construction condo development by JD Development Group and Downing Street Group. Coming soon to 83 Elmsdale Drive in Kitchener.

JD Development Group and The Downing Street Group announces the acquisition of 2.36 acres of development land. While improved with a residential development of two mid-rise condominium buildings totaling 254 units. These development lands are located in Kitchener, Ontario’s Laurentian Commons community.

Located in Kitchener, which is known for its Germanic origins, performing arts theatre, and a variety of annual festivals give the small city a huge sense of fun. Located just west of Toronto, while offering the community and excitement of a big city while retaining a charming small-town feel. 83 Elmsdale Drive Condos is a wonderful place for families and nature lovers, with a variety of parks and nature, a great school, a central location, as well as various of free festivals and annual events.

  • 1 minute to Larentian Commons & McLennan Park
  • 2 minutes to Elmsdale Park & Grand River Transit
  • 3 minutes to Laurentian Trail
  • 6 minutes to LRT Stop12 minutes to Kitchener GO Station
  • 17 minutes to Region of Waterloo International Airport
  • Easy access to Highway 7, Highway 8 as well as Highway 85
  • Access to Major Highway 401 along Highway 8
  • Big Box stores such as Walmart, Real Canadian Superstore, Sobeys, Costco, Petsmart, Starbucks, and more
  • Market Square Shopping Centre and Shops at Waterloo Town Square
  • Cornestoga College-Cambridge Campus
  • Many golf clubs such as Cornestoga, Grey Silo, Dundee Country Club and more
  • Huron natural Area
  • Bingemans Amusement Centre
  • The Record newspaper announced in August 2019 that rent prices for one-bedroom apartments in Kitchener had risen by a whopping 15.9 percent year on year since 2018
  • McLennan Park and Elmsdale Park
  • Short walk to the community hub, The Commons

Overview

  • ID 6365
  • Type
  • Bedrooms 1
  • Size 488 SqFt
  • Address 83 Elmsdale Drive, Kitchener, ON, Canada
  • Country Canada
  • Province/State
  • City/Town

Details

  • Property ID 6365
  • Price From $532,900
  • Property Type
  • Property Status
  • Property Label
  • Bedrooms 1
  • Size 488 SqFt
  • First Deposit $5.000
  • Deposit Notes

    5K on signing
    Balance to 5% in 30 days
    2.5% at 60 days
    2.5% at 120 days
    2.5% at 365 days
    2.5% at 720 days
    5% on Occupancy

  • VIP Incentives

    WEST TOWER LIMITED TIME VIP INCENTIVES $

    20,000 Parking Discount
    Regular Price $55,000 Underground / $40,000 Above Ground
    (1 Bedroom + Den or Larger)
    Window Coverings
    $0 Assignment Fee (Admin and Legal Fees Apply)
    Capped Development Charges | Capped at $5,000
    Right To Lease During Occupancy Admin and Legal Fees Apply
    2 Year Transit Credit
    $3,000 value, for 1 Bed units
    or $5,000 Credit on Closing for 1 Bedroom +Den
    or $15,000 Credit on Closing for 2 Bedrooms
    10% Deposit Structure in 1 Year
    $5,000 on signing
    Balance to 5% in 30 days
    2.5% in 120 days
    2.5% in 180 days
    5% on occupancy

  • Maintenance $0.60/SF
  • Parking Cost $40,000 - $55,000
  • Notes

    Electricity and Water separately metered. Gas included in the condo fees.

  • Units 254
  • Stories 7
  • Unit Sizes 488 - 772 Sq Ft
  • Price Range $532,900 - $770,900
2025

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