Parkside 2 - CondoTrend

Parkside 2

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Townhouse in Kitchener

New condominium construction is coming to the charming city of Kitchener in the next months. This construction will offer pleasant living areas in the midst of breathtaking natural surroundings. Parkside 2 is a townhouse multi-residential condominium complex in Kitchener, Ontario, developed by Downing Street Group and Averton Homes. Located at the intersection of Ottawa Street South and Elmsdale Drive, this pre-construction project is close to the beautiful Grand River and surrounded by natural attractions.

Parkside 2 will consist of a total of 88 structures, with the height of these condominium buildings ranging from three to five stories.

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Highlights

Floor Plan

  • 2 Bed

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Neighborhood

Located in Southern Ontario’s Kitchener region, the booming community is looking to the future. Though traditionally renowned as an industrial hub, it has greatly expanded its economy to become one of the region’s most dynamic cities. Kitchener has risen to prominence as a hub for the IT sector in Southern Ontario. To attract investors, this new IT sector is based in a building with significant historical and symbolic value.

Wildflowers Kitchener-transportation

Transportation

The Conestoga Parkway, which connects travelers to major roads and the Greater Toronto Region, makes commuting throughout the area a breeze. Having a home on two streets that are easily accessible by public transportation will be a huge benefit to residents. Because of this, doing errands and making commutes inside and outside of the city are simple.

Education

It is also the home of prestigious institutions such as the University of Waterloo and Wilfred Laurier University, among others. The development site is strategically located 45 minutes away from the campus of The University of Waterloo, making it a convenient commute. Not only will kids benefit from this chance, but so will adults looking for work in or near the institutions.

Kenollie Public School-min
Victoria Park Kitchener

Outdoor

This construction site will also be ideally located near a variety of urban facilities, such as a broad variety of shops, restaurants, bars, cafés, and grocery stores, among other things. Most of these attractions are within walking distance, and bicycling around the region is also highly recommended. The mayor of Waterloo has proposed a pilot project that would introduce a new network of bike lanes to the city in order to better link cyclists across the city.

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Amenities

2 bedroom floor plans will be standard across the whole development. This makes the homes suitable for both expanding households and groups of students attending the local post secondary institutions. With an increasingly urban feel to it, the community’s façade will be sleek and contemporary, reflecting the neighborhood’s growing urban character. The outside will be a combination of materials, with brick and stucco highlights as the primary architectural elements.

The construction of this large townhouse complex is divided into many stages. Each of the three townhouse blocks, each standing three stories tall and containing 36 apartments, makes up the first portion of the project’s initial phase. The phase is eventually measured in units of three. The current phase consists of three more townhouse blocks, with a third phase in the shape of a townhouse complex expected in the future.

Developer

Downing Street Group logo
Averton Homes logo

The Downing Street Group has acquired, repositioned and developed residential, office, commercial, land, and industrial real estate since 1986. They have also been providing advisory services in addition to both debt and equity financing to third parties across all asset classes. The key to The Downing Street Group’s success is the execution of its four active complementary investment theses by a team with a perfect blend of industry know-how and entrepreneurial skills while providing the firm and its investors with stable and sustained risk weighted returns.

More projects from The Downing Street Group

 

For more than 60 years Averton Homes has built homes – Single Family Homes & TownHomes, created communities and managed construction projects in a wide variety of North American markets. Across three generations, they’ve developed thousands of acres of land, over 10,000 homes, and accrued an unmatched wealth of knowledge and expertise.

More projects from Averton Homes

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