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The Verde

15 Palace Street, Kitchener, ON, Canada

VIP SALE

$ 547,900

Property Description

Living in Kitchener-Waterloo

The second-fastest growing community in Canada for 3 years straight, Waterloo Region is expected to reach a population of 742,000 by 2031: an increase of more than 100,000 people in a decade.


Canada’s Tech Corridor

Known as the Creative Capital of Canada, Waterloo Region has created over 30,000 new tech jobs through companies including Google, Shopify, D2L, Opentext, and thousands of startups.


Booming Urban Core

From unparalleled job opportunities to an ever-increasing population, KW hosts a thriving economy of innovators.

 

  • 20% rental rate growth

  • 42% increase in average condo price from 2021 to 2022

  • 106% higher average PPSF value in Toronto than in Kitchener

  • 2% vacancy rate: one of the province’s lowest rates


Amenities at your Fingertips

Verde Living is surrounded by all the amenities you both need and desire. Walk a few minutes down the road for groceries, cross the street for a day at the park, and take a short stroll for a coffee, bank stop, or gym session. And with schools, hospitals & health centres, gas stations, and shopping all nearby, running errands is a breeze.


Building Amenities

Ground floor includes: Lobby lounge, yoga room, fitness studio with cardio equipment & weights, tech lounge (co-working space), guest suite, pet wash station


Second floor includes: Event/community lounge, private dining room with kitchenette


Other amenities: Two-storey outdoor terrace with upper & lower terrace, SmartOne Solutions (wall pad in unit, digital door lock, individual heating and cooling, smart parcel lockers, lobby phone), 8 hours daily front desk concierge


Developer JD Development Group

Address 15 Palace Street (Elmsdale/Palace Street)

Construction Start Date March 2023

Occupancy Date Estimated for March 2025

Property Tax Approx. 1% of the purchase price



Reasons To Buy
.pdf
Download PDF • 7.58MB


Reasons To Buy
.pdf
Download PDF • 7.58MB

Contact Agent

Tyler Tim & Tina Kheav

647-724-3888

Property Details

Property Type

Preconstuction Condo

Bedrooms

1

Bathrooms

1

Size

456

Floors

1

Year Built

2025

Property Location

15 Palace Street, Kitchener, ON, Canada

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