Canada’s Technology Triangle, comprised of Kitchener, Waterloo and Cambridge, attracts the best and the brightest to study and work. For over a decade, investors have flocked here to supply much needed housing solutions, and the current time says the supply is sufficient, even overflowing. Not so.
According to the latest CBRE Waterloo Student Residential Market Overview, there is a clear undersupply of A Class buildings. Research has shown that top class accommodations are the preferred option for the majority of international students and their parents who want to provide the best for their child.
CBRE goes on to show that in the walkable areas surrounding University of Waterloo and Wilfrid Laurier University, there are 291 D Class, 300 C Class and 96 B Class buildings. Only 26 buildings are designated as A Class, which includes A-, A and A+ buildings. To qualify for A Class designation, buildings are judged based on location, purpose built design, professional management including 24-hour security, as well as their amenities including elevator, fitness room, theatre, study area, laundry, ensuites, furniture, utilities and internet.
Sunview Suites, coming soon to Waterloo’s prime location, passes the test with flying colours with brand new A+ Class condos, priced from the low $200’s.
A magnificent modern architectural statement, the Sunview Suites condominium community offers the latest in open concept suite design with the appeal of dazzling building amenities for contemporary living. Ideal for young professionals, Sunview Suites offers a choice of fully furnished suites with studios, 1-bedrooms, 1-bedroom+dens, and 2-bedrooms.
Each spacious suite features high level finishes, large balconies, spacious bedrooms, gourmet kitchens with stainless steel appliances, and sleek Euro-inspired bathrooms. Furnishings are selected by interior designers to reflect a lifestyle of urban sophistication.
At Sunview Suites, amenities are all about community. Residents can hold a meeting in the meeting rooms, relax in the games room, catch a film in the movie room, enjoy the city views with friends on the spectacular rooftop terrace, or run to the shops on the ground floor.
Set in the heart of Waterloo’s University District near the Idea Quarter, Sunview Suites delivers unmatched proximity to campuses. Once complete, residents can walk to Wilfrid Laurier University in just 2 minutes and the University of Waterloo in just 8 minutes. In addition, the new $818 million ION LRT rapid transit is slated to begin operating in 2018 and will stop at the new University of Waterloo station, only steps from Sunview Suites. Residents will enjoy having the ION virtually at their door for easy transportation to shopping, restaurants, culture and entertainment.
This exciting real estate property comes from Prica, Waterloo’s leader in student housing for over a decade. Sunview Suites is a hassle-free, fully managed real estate opportunity with a 2-year rental guarantee. Expert property management will be provided by KW4Rent, a wholly owned Prica subsidiary with an enviable track record of excellence in building management over the past decade.
If an A+ condo in Waterloo’s best location seems like a bright idea to you, learn more about Sunview Suites. Demand is high. Visit SunviewSuites.com today.
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