Strata, an iconic 25-story residential project by HIP Developments, is poised to bring a new level of luxury living to Uptown Waterloo. Located at the prominent corner of King Street and Bridgeport Road, this modern development offers a range of studio, one-bedroom, and two-bedroom units, all featuring high-end finishes and $25K worth of custom millwork upgrades. Designed with a focus on lifestyle and wellness, the building boasts a stunning $3.5M rooftop terrace, complete with trees and woodlands, scenic trails, a hammock lounge, firepits, outdoor kitchens, dining areas, and social lounges. Residents will also enjoy indoor/outdoor fitness spaces, a Peloton studio, communal gardens, and pet-friendly amenities such as an off-leash dog park and wash station. The 25th-floor amenity terrace provides breathtaking views and exclusive spaces for relaxation and gatherings. Additional conveniences include covered on-ground parking and lockers, both available for an extra cost. Strata promises to blend upscale design, community, and comfort in one remarkable address.
About
Project Info
- Developer HIP Developments
- Unit Area 397 - 1059 sqft
- OccupancyApr, 2025
- Bedrooms 1 - 2
- Bathrooms 1 - 2
Description
Strata Deposit Structure, Fees, and Occupancy Details
Deposit Structure :-
- Initial Deposit : $10,000 upon signing the agreement.
- 30 Days : 5% of the purchase price, minus the $10,000 initial deposit.
- 180 Days : 5% of the purchase price.
- 365 Days : 5% of the purchase price.
- On Occupancy : Final 5% of the purchase price.
Maintenance Fees :-
- Condominium Fees : $0.52 per square foot.
- Parking Maintenance : $35.00 per month for parking spaces.
Occupancy Date :-
- Scheduled Date : April 2, 2025.
Parking :-
- Cost : $60,000 per parking space.
- Availability : Limited to units with two bedrooms only.
This structured deposit plan and transparent fee breakdown make it easy for buyers to plan their investment, while the premium parking option is exclusively designed for two-bedroom unit owners. Occupancy is slated for spring 2025, marking an excellent opportunity to secure a place in this landmark development.
Features
Features :-
- Trees and Woodlands : Strategically preserved and enhanced wooded areas, creating a serene and sustainable environment.
- Hammock Lounge : A tranquil lounge space with hammocks nestled under shaded trees, ideal for relaxation and unwinding.
- Communal Gardens : Beautifully landscaped communal gardens, featuring seasonal plants and seating areas, designed for peaceful reflection and casual gatherings.
- Trails : Thoughtfully designed trails for walking, jogging, and biking, winding through the natural landscape, encouraging exploration and outdoor activities.
- Firepits : Cozy, community-oriented firepit zones for evening gatherings, storytelling, and socializing under the stars.
- Outdoor Kitchens, Dining, and Cooking Areas : Modern, fully equipped outdoor kitchens with BBQ stations and ample dining spaces, perfect for hosting events and casual get-togethers.
- Social Lounge : A versatile, comfortable indoor/outdoor lounge for residents to meet, relax, or host small gatherings in a warm, welcoming environment.
- Indoor/Outdoor Fitness : State-of-the-art fitness zones combining outdoor yoga decks and indoor gyms for a holistic workout experience.
- Peloton Studio : A dedicated studio with cutting-edge Peloton bikes, offering virtual training sessions and on-demand fitness classes.
- Off-Leash Dog Park/Wash : A secure, open-space dog park designed for pets to roam freely and interact, complemented by a convenient washing station for grooming.
This feature-rich design ensures that Strata offers a balanced lifestyle, combining luxury, wellness, and community interaction.
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