RED Condominiums in Waterloo releases Floorplans

RED condo rendering RED Condominiums in Waterloo releases Floorplans

RED Condominiums in Waterloo Floorplans Released

Momentum Developments Newest Waterloo Development - RED Condominiums – has released floorplans for the six floor mixed use development (retail on the main floor, residential condo units above), and they look good.

You can view all the RED Condo Floor Plans here.

Momentum Developments is the firm behind the42 and the BPR Lofts two of the hottest projects in Uptown Waterloo.  BPR Lofts recently finished, and the42 is just wrapping up, with the residential condos now registered, and work just finishing up on the exterior grounds & commercial units.

Their new project – the RED Condos in Waterloo at Allen & King, across from the Bauer Lofts - has units ranging from small studio condos (from 528 sq ft) up to a roomy 1931 square foot penthouses on the sixth floor, complete with wrap around terrace.

Sales at RED Condominiums in Waterloo

Momentum Developments held a VIP launch August 31, and they have already sold more than half of the whole building.  

1 bedroom + den, and 2 bedroom units are still available.

Here, for your viewing pleasure, is the smallest floor plan, and the largest.

Which unit at RED Condominiums do you prefer?

Which do you think will be the better investment?

suite 405 at RED RED Condominiums in Waterloo releases Floorplans

and the Penthouse:

suite 602 at RED RED Condominiums in Waterloo releases Floorplans

If you’re interested in the floorplans and more info on the RED Condominiums, send me an email or give me a call.

Keller Williams is not acting for the vendor; this building is building sold directly by the vendor.

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About Benjamin Bach, KW Commercial Director

Benjamin Bach spends his days helping clients buy and sell investment and commercial real estate in Waterloo Region, Canada (where the Blackberry is from). He serves as Director of KW Commercial, the Commercial Real Estate division of Keller Williams Golden Triangle Realty, and specializes in the acquisition and disposition of development land and income producing assets including apartment buildings, student housing & net-leased commercial buildings.

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urban__dreamer
urban__dreamer

benjaminbach in waterloo, i'd go with the smaller unit. rent out to a grad student at pharmacy uw or clarica employee.

benjaminbach
benjaminbach

urban__dreamer me too. There is strong rental demand for smaller units, especially along the King St corridor

benjaminbach
benjaminbach

urban__dreamer Good instincts re: studios at RED. They have all sold.

melle
melle

benjaminbach 528? That's a closet.

benjaminbach
benjaminbach

melle I've seen 570 sq ft units at Kaufman that are usable, the bedroom is separate. Here, its one room - a studio. Small space!

benjaminbach
benjaminbach

melle how much rent do you think someone will pay to live uptown, in that A+ location? Small Kaufman units get ~ $2 / sq ft in rent.

melle
melle

benjaminbach I live at Caroline and Albert with the park as my backyard. I pay a whole lot less than Kaufman renters. :)

benjaminbach
benjaminbach

melle nice. I love Waterloo Park !

benjaminbach
benjaminbach

melle Going back to this, every studio unit at RED (even the 528 sq ft condo) sold on opening night

melle
melle

benjaminbach A lesson for the investor(s) of the aborted development at King/William, I guess. :)

benjaminbach
benjaminbach

melle yes, they had too few units there, and too big! It seems ppl want location & features, not space, on these sites

melle
melle

benjaminbach The million-dollar price tag likely had something to do with it.

benjaminbach
benjaminbach

melle well, the pricing per sq ft wasn't that much higher than RED. It's just that all the units were huge, so the $$ added up

benjaminbach
benjaminbach

melle I knew someone who wanted the top floor. But, that 2nd floor unit - 1mil, and you're 8ft off King? No thank you....

melle
melle

benjaminbach Yeah, and the Allen Square building isn't exactly an inspiring view.

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