Momentum development is planning the largest condo site ever constructed in the downtown core of Kitchener. We recently reviewed Victoria One, another condominium tower by Momentum that is already 90% sold and rapidly rising towards it’s 17 storey goal downtown in the innovation district. Momentum had such a strong response to Victoria One that they immediately began planning a second site by assembling lots between 98 to 110 Victoria St. Official plans have already been submitted to the city of Kitchener. This land assembly will become Victoria One Hundred.
The ambitious building project will involve a three storey podium housing retail and office space geared towards the technology sector. On top of the podium will be two towers built in separate phases, 15 and 19 storeys respectively. The phase one tower is already 80% sold and estimates are for a 2017 occupancy while the second tower is projected to complete sometime in 2018. The podium design features a curved glass front on the street level while the rooftop will be green-scaped and offer a parklike setting to residents.
Victoria One Hundred offers some exceptional amenities including an on-site car share program, fitness facility, and theatre room. The environmentally friendly design includes the podium green roof and double glazed energy efficient windows. The suites themselves showcase ultra modern finishes with clean designer cabinetry, granite counters and engineered flooring.
Maintenance fees are projected at .42 cents per sq. ft. Parking is billed at $20,000. Contact Benjamins Realty for floor plans and a price list. 1 bedroom suites at 683 square feet can start as low as $249,900.
Benjamins Realty cites a unique investment potential at 100 Victoria, especially for the current pre-construction planning period. Well designed condominium developments gain impetus as the building nears construction. The value of units can actually be higher then the price paid by the time a savvy investor takes possession. The location is excellent and just steps away from the technology hub and future LRT line. Combined with our unique offer at the bottom of this article, interested buyers should not hesitate to contact Benjamins Realty about how to register and capitalize on this exciting development opportunity.
If you’re interested in purchasing a unit at Victoria One Hundred let Benjamins Realty represent your purchase. We’re offering a $1000 rebate off of the builders price for any client who purchases through us. For further information contact us today.