December 1, 2022  

Zen Towns

Starting at:
$899,999
Builder:
JD Development Group
Building Type:
Low Rise
Total Units:
49
Unit Size:
1,601 sq ft – 1,976 sq ft
Maintenance Fee:
$159/month
Intersection:
Can-Amera Pkwy & Hespeler Rd
Location:
248 Hespeler Rd, Cambridge
Address:
248 Hespeler Rd
Cambridge ON  N1R 3H3
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Features

POPULATION INCREASE & ECONOMICAL OUTLOOK
Home to over 149,000 people, Cambridge is a part of the Waterloo Region which also encompasses Kitchener & Waterloo. The Waterloo Region is expected to grow to nearly 923,000 people by the year 2051 including over 470,000 jobs. The rise in population along with the growth of the Waterloo Region will make Cambridge an even more desirable city to reside in all while increasing the demand for housing.

CONNECTIVITY & EDUCATION
The city is serviced by Highway 401, Highway 8, Highway 24, GO Transit, ION Light Rail Transit and Grand River Transit – connecting you to everywhere you need to go with ease. The Waterloo Region is also home to World Class Post Secondary Institutes such as the University of Waterloo, Wilfrid Laurier University and Conestoga College — when combined are home to over 95,000 students.

HOUSING NEEDS
Cambridge has been experiencing tremendous growth. It is estimated that the region will need over 70,800 new homes by the year 2031, but will only be able to deliver an estimated 54,000 leaving a shortage of nearly 17,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.

REPUTABLE DEVELOPER
JD Development Group is a highly reputable developer who possesses over 10 years of building experience (since 2010) and with partners, investors and residents in mind, they strategically convert desirable locations with high, untapped potential into thriving student, residential, mixed-use and commercial developments.

 

Maintenance Fees: $159/month (Hydro, Heat & Water Separately Metered)
Deposit Structure: $10,000 on Signing // $10,000 in 30 Days // $10,000 in 60 Days // $10,000 in 90 Days // Balance of 5% in 120 Days // 5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($9,500), Free Assignment (Legal Fee applies), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Upgraded features and finishes value up to $100K, 1 year free membership at YMCA Cambridge, Special rate 3.99% Mortgage program*
Features & Finishes: Smooth ceiling finish throughout, Engineered hardwood flooring throughout except wet areas, Stained oak stairs, handrails & spindles, Composite quartz kitchen countertops, Tiled backsplash, 30” Stainless steel refrigerator, 30” Stainless steel slide-in electric smooth-top cooking range & oven, 30” Stainless steel chimney-style exhaust hood fan, 24” Stainless steel dishwasher and more

All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.
*We do not represent the builder
 
 
 
 
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