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Otis In The Park

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Low-Rise Condos and Townhouse in Kitchener 

51 David Street, Kitchener, ON

The most exclusive new residence, Otis in the Park, is nestled in beautiful Victoria Park and thoughtfully designed to be as sophisticated as it is luxurious.

Otis in the Park is a new distinctive condo and townhouse development by power duo builders Vive Development and Zehr Group, currently under construction at 51 David Street in Kitchener, ON. The development is scheduled for completion in 2023.

This intimate 30-suite building is in the heart of downtown Kitchener. Sizes range from 1,083 to 1,408 square feet. With six levels of individual floorplans and thoughtfully designed interior and exterior structures, this distinguished property is something truly special for those looking for an elevated experience. Otis in the Park condos will offer a plethora of amazing hi-tech amenities.

Available units in this Kitchener residence for sale start at $959,900.

Amenities

Pricing & Fees

  • Est. Maintenance $0.38 / sq ft / month
  • Est. Property tax 1% of the price / year

Incentives

  • Limited-time Designer Promotion!
  • “All remaining suites include a designer upgrade finishes package.”
  • *Incentive current as of April 14, 2023

Deposit Structure

  • Total Min. Deposit 15%
  • Deposit Notes
  • $2,000 Paid Upon Signing 3% Due in 30 Days 3% Due in 60 Days 3% Due in 90 Days 3% Due in 120 Days Remaining Due in 180 Days

Get the first access to the floor plans and price list.

Highlights

Floor Plans

Neighborhood


Vive Development and Zehr Group’s Otis In The Park Condos is a new condominium and townhouse complex currently under construction located at 51 David Street, Kitchener, in the Kitchener Victoria Park neighbourhood with a 75/100 walk score and a 66/100 transit score. Otis is located within steps of stores, shopping centres, trendy and more food stops, theatres, cafes, and entertainment located in eclectic and electric Downtown Kitchener. Thus, Otis Residences offers its residents access to all the things they need daily. Market Square Shopping Centre, a must-see destination for shoppers approximately a 4-minute drive away, provides a wonderful shopping experience.

Residents of the Otis Condos will be able to enjoy the serenity of nearby parks and natural green spaces. Among the parks, the beautiful Victoria Park is within walking distance, where residents can enjoy views from their private outdoor spaces. Other nearby parks include Sandhills Park, Lakeside Park, George Lippert Park, and more.

train station image by Felix Büsselmann from Pexels.com

Transportation

The area of 51 David Street, Kitchener, offers a good transit score because public transit options available nearby are easily accessible. Grand River Transit services the area surrounding the Otis Condos, and residents will be able to access routes just steps away from home. Routes will connect riders to the nearby post-secondary institutions in the area and throughout the city. The Kitchener Train Station is also located within walking distance.

Motorists will also have easy access to major thoroughfares in the area, allowing for seamless travel throughout Southern Ontario and easy connections to other highways in the area, including Highway 401.

Education

The University of Waterloo, Wilfrid Laurier University, and Conestoga College are all located nearby, making it one of the best cities for international students in Canada. This makes Otis Condos the perfect off-campus accommodations for post-secondary students.

Moreover, the region has a diverse economy that covers a range of sectors, from manufacturing to high-tech industries, making Otis Condos a good rental space for renters and a smart investment for investors.

Student image by RODNAE Productions from Pexels.com

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Vive Development
Zehr Group

Developer

Vive Development is one of Canada’s most imaginative real estate development firms, committed to bringing thoughtful spaces to life. Since their first property renovation in 2015, they’ve established themselves as one of Canada’s most innovative real estate developers. Today, their team’s passion for historic preservation, architecture, design, and sustainability has allowed them to grow a diverse portfolio of differentiated and innovative housing projects, carefully selected to meet a wide variety of lifestyle needs.
 
Zehr originated as an asset holding firm in the 1970s and has subsequently evolved to include development, construction, and property management services. Zehr Development Corporation, Zehr Levesque Inc., and Zehr Management Inc. are all subsidiaries of Zehr today. Zehr, together with management partners Don Zehr and John MacDonald, has emerged as a rising star in a variety of real estate services.
They provide a wide range of real estate services to their clients. They are well positioned to leverage their company’s property management and development divisions’ depth of experience to provide enormous value to every project. They coordinate the flow of information between owners, consultants, trades, and suppliers using cutting-edge technology to precisely bring their concept to reality.
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