ZEN Townhomes – Cambridge

Overview

About ZEN Townhomes – Cambridge

ZEN, a small, brand-new neighborhood in the center of Cambridge with roomy Townhomes facing onto Dumfries Conservation Area, is now open! Zen, which is close to Can-Amera Pkwy & Hespeler Rd, puts you in close proximity to many highly desirable amenities, including Highways 24, 8, 401, Grand River Transit, the upcoming ION LRT, Cambridge Centre, Big Box Stores, Cambridge Memorial Hospital, and so much more, all while being only a short distance from the city's charming downtown area. • The Price Starting From $899,900 • $10k Deposit On Signing • Estimated Occupancy TBA • 1,601 sq ft – 1,976 sq ft Townhomes • Maintenance Fees: $159/month (Hydro, Heat & Water Separately Metered) Why To Choose ZEN Townhomes? Cambridge, which has a population of about 149,000, is a part of the Waterloo Region, which also includes Kitchener & Waterloo. By 2051, the Waterloo Region is projected to have about 923,000 residents and over 470,000 jobs. The expansion of the Waterloo Region and the increase in population will make Cambridge a more desirable place to live while also raising the demand for housing. Highways 401, 8, 24, GO Transit, ION Light Rail Transit, and Grand River Transit all provide service to the city, making it simple to get anywhere you need to go. World-class postsecondary institutions including the University of Waterloo, Wilfrid Laurier University, and Conestoga College, which together have over 95,000 students as students, are also located in the Waterloo Region. Significant expansion has been occurring in Cambridge. By 2031, it is predicted that the area would need more than 70,800 new dwellings, but will only be able to build about 54,000 of them, leaving a shortage of over 17,000 units. This will result in greater demand, which will drive up real estate prices and rent costs. ✓ By 2031, it's anticipated that the Waterloo Region will have about 923,000 inhabitants and over 470,000 jobs! It is predicted that the area will require over 70,800 new homes, but will only be able to build about 54,000 of them, leaving a shortage of almost 17,000 units. This will result in greater demand, driving up real estate prices and rent costs. ✓ World-class postsecondary institutions, including the University of Waterloo, Wilfrid Laurier University, and Conestoga College, are located in the area and together they are home to nearly 95,000 students. ✓ Close to Grand River Transit, Highways 24, 8, and 401, as well as the future ION LRT ✓ A short distance from the SmartCentres Cambridge and Cambridge Centre Mall ✓ Close proximity to Cambridge Memorial Hospital, Dumfries Conservation Area, Downtown Cambridge Incentive Information: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies ($9,500), Free Assignment (Legal Fee applies), Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Upgraded features and finishes value up to $100K, 1-year free membership at YMCA Cambridge, Special rate 3.99% Mortgage program. Building Features: Smooth ceiling finish throughout, Engineered hardwood flooring throughout except wet areas, Stained oak stairs, handrails & spindles, Composite quartz kitchen countertops, Tiled backsplash, 30” Stainless steel refrigerator, 30” Stainless steel slide-in electric smooth-top cooking range & oven, 30” Stainless steel chimney-style exhaust hood fan, 24” Stainless steel dishwasher. Property Features: Address: 248 Hespeler Rd, Cambridge Nearest Intersection: Can-Amera Pkwy & Hespeler Rd Pricing: Starting From $899,900 Occupancy: TBA Number of Homes: 49 Home Types: Townhomes Square Footage: 1,601 sq ft – 1,976 sq ft Maintenance Fees: $159/month (Hydro, Heat & Water Separately Metered) Deposit Structure: $10,000 on Signing // $10,000 in 30 Days // $10,000 in 60 Days // $10,000 in 90 Days // Balance of 5% in 120 Days // 5% on Occupancy