Details
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BedsStudio - 3
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Year builtSeptember 2024
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Type
Details
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Beds:Studio - 3
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Status:
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Parking Purchase Cost:35000
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Additional Parking Details:Above Ground Parking $35,000 Underground Parking: $40,000Maintenance Fees:Above Ground Parking Unit $40/monthUnderground Parking Unit $40/month
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Storage Cost:N/A
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Locker Cost:N/A
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Occupancy:N/A
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C.C.maint:0.47
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Additional Storage Details:Storage Locker - Waitlist
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Additional locker Details:N/A
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Sale Start:N/A
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clmonthyear:N/A
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Average PPS:$1,167
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Has condo:1
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Area Sqft:346 - 1354
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Celling:8,8
Overview
Flex. is a new condo community by Prime Sky Inc. and Domus Inc currently in preconstruction at 458 Tamarack Drive, Waterloo. The community is scheduled for completion in Sept 2025. Available units range in price from $403,900 to $984,900. Flex. has a total of 73 units. Sizes range from 346 to 1,354 square feet.
Reasons To Buy
Trusted Developer: With a reputation for quality craftsmanship, innovative designs, and prime locations, Domus Developments has established itself as a leading developer. Having delivered over 400 units, the company is recognized for its commitment to excellence and high construction standards.
Housing Demand: By 2031, the Waterloo Region is expected to require more than 70,800 new homes, yet current projections indicate only 54,000 will be built—leaving a shortage of 17,000 homes. This supply gap will intensify demand, leading to rising property values and rental prices.
Connectivity & Education: Waterloo offers exceptional connectivity, with Highway 85 providing direct access to Highways 7, 8, and 401. Public transit options, including GO Transit, ION Light Rail Transit, and Grand River Transit, make commuting seamless. The city is also a hub for higher education, boasting world-renowned institutions like the University of Waterloo, Wilfrid Laurier University, and Conestoga College, collectively educating over 95,000 students.
Population Growth & Economic Outlook: Waterloo, one of the three cities in the Waterloo Region, is home to over 145,000 residents. By 2051, the region’s population is projected to reach nearly 923,000, with more than 470,000 jobs expected. As the region expands, Waterloo will become an even more attractive place to live, driving increased demand for housing.
Marketing Summary
f l e x . boutique condos in the heart of Waterloo Live flex. offers the opportunity of home ownership allowing you to live for the same or less than the cost of renting in KW.* With unique features tailored for real-life living, enjoy life while building your equity. There is no better time to start investing in your future: stop paying rent to someone else and pay yourself instead. Invest With 35 years of experience in the Waterloo rental market, we understand what renters want better than anyone else. flex. was designed to maximize your ROI while providing functional layouts with beautiful finishes. Minimize your maintenance, maximize your revenue, and realize some of the highest returns Waterloo real estate has to offer.* Source: flex.
Features Finishes
Strategically designed floor plans to maximize every inch of space. Studio floor plans – based on our most desired suites from our rental portfolio and offer the best ROI.* One bedroom plus den floor plans – functional living with extra space for work, play, or hosting. Two-bedroom floor plans – unique lock-off layout gives you the ultimate flexibility for your investment. Optional furniture packages make each suite a turnkey investment.
Amenities
Rooftop Terrace
BBQ Area
Underground Parking
Fitness Room
Outdoor Lounge
Pet wash station
Outdoor Dining Areas
Pet Relief Area
Deposit Structure
EXTENDED DEPOSIT STRUCTURE $5,000 on signing Balance to 5% in 30 days 5% in February 2024 5% on Occupancy 2 BEDROOM LOCK-OFF UNITS OR LARGER $5,000 on signing Balance to 5% in 30 days 2.5% in February 2024 7.5% on Occupancy
Incentive Detail
No property fees for the first two years (Q3-2024)
Pre Incentive Details
: Parking Discount* [Above Ground] $35,000 $20,000 (HST included) Available for Bachelor’s only 355 sq ft - 421 sq ft [Underground] $40,000 $25,000 (HST included) Available for 1 Bed+Den or Larger
: Capped Development Fees* ($5,000 For All Units)
: $0 Assignment* (+ legal administrative fee)
: Right To Lease During Occupancy* (+ legal administrative fee)
Pre Nearst Places
Nearst Places
Conestoga Mall
Highway 85!
ION LRT
Mortgage Calculator
$984,900
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Monthly
- Principal & Interest
- Property Tax
- Home Insurance
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