Starting From: $664,900
Project Details
Introducing Wallaceton, an exciting Master-Planned Community taking shape in Kitchener’s South End at Huron Rd & Fischer-Hallman Rd! Wallaceton features an exclusive collection of Urban Towns nestled within a burgeoning community featuring green trails, retail shops, restaurants, schools, and a unique park setting. Future residents will find themselves just minutes from Downtown Kitchener, Highway 401, CF Fairview Park Mall, Big Box Stores, Fairway Station, the region’s Top Universities and so much more!
Pricing Starting From $664,900!
INTERESTING FACTS
Developer: Fusion Homes
Address: 23 Spachman St, Kitchener
Nearest Intersection: Huron Rd & Fischer-Hallman Rd
Pricing: Starting From $664,900
Occupancy: December 2022 – February 2025
Number of Homes: 118
Home Types: Townhomes
Square Footage: 950 sq ft – 1,415 sq ft
Maintenance Fees: $219/month
Deposit Structure: 5% on Signing // 5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, $0 Capped Development Charges, Reduced Assignment Fee, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, $5,000 in Décor Upgrade Dollars OR Choice of Flooring Package, 1 Year Free Maintenance Fees, Free 5-Pcs Appliances, $0 Meter Installation Charges, ONE Pre-assigned Surface Parking Included Per Unit.
WHY TO BUY?
POPULATION INCREASE & ECONOMICAL OUTLOOK
Home to over 256,000 people, Kitchener is a part of the Waterloo Region which also encompasses Waterloo & Cambridge. The Waterloo Region is expected to grow to nearly 923,000 people by the year 2051 including over 470,000 jobs. The rise in population along with the growth of the Waterloo Region will make Kitchener an even more desirable city to reside in all while increasing the demand for housing.CONNECTIVITY & EDUCATION
The city is serviced by Highway 401, Highway 8, Highway 7, the GO Transit, ION Light Rail Transit and the Grand River Transit – connecting you to everywhere you need to go with ease. The Waterloo Region is also home to World Class Post Secondary Institutes such as the University of Waterloo, Wilfrid Laurier University and Conestoga College — when combined are home to over 95,000 students.HOUSING NEEDS
Kitchener has been experiencing tremendous growth. It is estimated that the region will need over 70,800 new homes by the year 2031, but will only be able to deliver an estimated 54,000 leaving a shortage of nearly 17,000 homes. This will lead to increased demand which will put upwards pressure on real estate values and rent prices.REPUTABLE DEVELOPER
Wallaceton is being developed by a highly reputable developer, Fusion Homes, who have received the Tarion Warranty Corporation’s prestigious Award of Excellence an unprecedented six times!
