Moda Condos in Waterloo

The 6-storey Moda Condos will feature 111 units with a mix of one-bedroom and two-bedroom layouts.  Unit sizes will vary from 500 sq. ft. to 715 square feet. 

Completion is anticipated for December 2024, while VIP Launch is slated for 2022. 

Moda Condos Highlights

• Nestled right in the heart of Waterloo in Waterloo Region
• Has a Walk Score of 46/100, Transit Score of 47/100 and Bike Score of 79/100
• Located minutes to downtown Waterloo and downtown Kitchener
• Within a 10-minute drive of the Kitchener GO train station
• Minutes to Conestoga Mall!
• Minutes to the Business Centre and the Entertainment District
• Close to shopping, dining and entertainment options
• Close to schools
• Located within a 3-minute drive of the University of Waterloo
• Within a 5-minute drive of Wilfrid Laurier University
• Close to parks including the expansive Waterloo Park, Centenial Park, Bolingbrooke Park and Crater Park

Amenities

Moda Condos building amenities will include co-working space, mail & parcel, bike maintenance and cleaning, underground parking and EV charging, pet wash station and more. 

Transit Options

The project is located steps to numerous Grand River Transit Bus Stops and close to a stop that is along the ION Light Rail Transit Line. Residents will be just a short distance to Kitchener GO Station, allowing them to commute to Toronto’s Union Station in approximately 2 hours. Motorists can easily access Highway 401 in minutes via Conestoga Parkway. 

Location and Neighbourhood

Moda Condos is located in Westmount District, in Waterloo. This is a sought-after location. The region has, over the last decade, grown exponentially. This has resulted in an increase in new projects, meaning more jobs for residents and many opportunities for investors.  It has attracted people not just from across Canada but around the globe. 

The development site is close to many retailers in the neighbourhood such as Zehrs, Food Basics, Valu-Mart among others and other lifestyle amenities.

Waterloo is home to the University of Waterloo and Wilfrid Laurier University.  The University of Waterloo has for the past 27 years been rated as Canada’s No. 1 most innovative university. Currently, it has a population of 40,000 students and its new 230,000 square feet engineering building is expected to add about 1,500 undergraduates and 500 graduates.

Wilfrid Laurier University, which has 20,000-plus full and part-time students and is renowned for brilliance in research, was in 2018 ranked at No. 6 best Canadian universities by Macleans Magazine.

Its new 200,000 square feet Lazaridis School of Business & Economics will draw thousands of new students, researchers as well as collaborators. This makes Moda Condos location a fantastic option for both students and young professionals and a great investment.

Waterloo is among Canada’s fastest growing communities with a population of 568,500. This is projected to reach 742,000 inhabitants by 2031. 

The Kitchener-Waterloo region, which has the 4th largest population in Ontario, is famous for being the fastest growing tech talent market in Canada.

Its talent pool increased considerably by almost 66% in the past 5 years hence adding 8,400 tech jobs that attract young talents.  Surprisingly, it offers a lower cost of living than Toronto’s. Its tech jobs growth rate makes it the 2nd fastest in North America, beating even Silicon Valley.  Kitchener is home to Google, Microsoft, Blackberry, Shopify, Communitech and Desire2Learn.

The demand for Moda Condos is expected to be high upon release.

About the developer

Urban Legend Developments is a reputable real estate developer ranking among Kitchener-Waterloo Regions leading developers of top-notch condominium communities.  Aspiring to think outside the box, the company operates on 4 important principles that include inclusiveness, accuracy, progressiveness and an efficient organization style.