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Society 145 Condos

Society 145 Condos is a new condo in Waterloo developed by Rise Developments currently in pre-construction at 145 Columbia Street West, Waterloo, ON.

Address 145 Columbia St West, Waterloo
Developer Rise Developments Occupancy TBA
Area Waterloo Deposit TBA
Storeys 15 / 20 Maint. Fees TBA
Units TBA Prices TBA

About Society 145 Condos

Welcome to Society 145 Condos. Composed of two towers rising 15 and 20 storeys high, Society 145 provides modern elegance, first class amenities and beautifully designed suites. Each space has been carefully planned to create an exceptional living experience for everyone.

Society 145 Condos Interior Living Room True Condos

Society 145 Condos Location

Perfectly situated in uptown Waterloo, just minutes from the business centre and entertainment district is Society Condos, the newest landmark for young professionals to call home.

ALL AT YOUR FINGERTIPS

– 2 km to shopping, groceries, restaurants & more.

– Located on a main transit corridor with a bus stop outside the front doors of Society.

– 5 minute walk to the main gates of University of Waterloo.

– Less than 7 minute drive to Waterloo’s vibrant downtown.

– 10 minute drive to St. Jacobs Farmers’ Market

THE CENTRE OF IT ALL ENTERTAINMENT

Residents have a wide variety of entertainment options to choose from, all within 10 minutes of Society 145. Venues include shops at Waterloo Town Square, Galaxy Cinemas, Bad Axe Throwing, and Adventure Rooms Canada.

WATERLOO NIGHTLIFE

Waterloo has developed a reputation for signature stops. Some of Waterloo’s best restaurants, bars and nightlife are conveniently located down the street from Society along King Street.

THE GREAT OUTDOORS

Waterloo is surrounded by a plethora of green spaces and outdoor attractions. There are many sites to visit and stay active all season long including Iron Horse Trail, Laurel Creek Look-Out Tower, and Waterloo Park.

ST. JACOBS VILLAGE

Bustling year round, the community of St. Jacobs is located just north of Waterloo. It is a popular location for tourism, shopping, and getaways due to its quaint village appearance, retail focus and Mennonite heritage.

145 Columbia Street West

Car-Dependent

Explore Waterloo on Walk Score

Society 145 Condos Amenities

Experience the luxuries and convenience that Society Condos has to offer, which include the state-of-the-art fitness centre, business lounge, multi-media theatre, and rooftop patio with panoramic views of Waterloo. All mere steps from your suite.

FITNESS CLUB

The Fitness Centre, open 24/7, allows residents to stay on track with their goals. Experience top of the line workouts with state-of-the-art cardio and weight training equipment.

Society 145 Condos Fitness Gym Amenities True Condos

BUSINESS LOUNGE

The carefully planned Business Lounge supports the different work styles of each individual. From collaborative work stations to private board rooms, each space offers the perfect environment to foster creativity and strategic thinking.

Society 145 Condos Business Lounge True Condos Amenities

YOGA STUDIO

Located within the Fitness Centre is the glassed in Yoga Studio. Outfitted with complimentary yoga mats and Bosu Balls for your convenience, this amenity is the perfect space to find their Zen.

Society 145 Condos Yoga Studio Amenities True Condos

SAUNA

Custom designed with ultimate relaxation in mind, residents can enjoy a spa-like experience right at home in the two cedar saunas located in the women’s and men’s change rooms.

Society 145 Condos Sauna Amenities True Condos

BILLIARDS ROOM

Fully outfitted with pool tables, ping pong, multiple TV’s, and lounge seating, the Billiard’s room is an excellent place to gather with friends to relax and enjoy some down time.

Society 145 Condos Billiards Room Amenities True Condos

BASKETBALL COURT

The Basketball Court at Society 145 is the perfect opportunity to work off the stresses of the day! The indoor court offers residents the chance to dribble and dunk their cares away.

Society 145 Condos Basket

Society 145 Condos FAQs

How do I reserve a unit in this project?

After you review the floor plans and prices, if you know what suites you are interested in, you may reserve a suite online using our online reservation worksheet form at https://truecondos.com/worksheet.

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Does filling out the worksheet form mean I’m committing to buy a suite?

No it is not a formal commitment, it is an expression of interest and the first step you must take if you are thinking about getting a unit in this project.

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What does it mean that Andrew la Fleur is a “Platinum Agent”?

Platinum agents are the top selling agents who get preferred status with developers and first access to new projects before regular agents and the public.

Andrew la Fleur has been a top-selling pre-construction agent since 2007, and during this time he has achieved platinum status with many of the top builders and sales companies in the Greater Toronto Area.

For more information on about Platinum agents see this article: https://truecondos.com/5-things-to-know-about-buying-a-condo-with-a-platinum-vip-realtor-real-estate-agent/

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How does it benefit me as a buyer to work with Andrew la Fleur as my Platinum Agent?

Working with me as your Platinum agent gives you several benefits

  1. You get the highest level of access in the building
  2. You pay the lowest possible price for the unit (prices are typically increased significantly after the Platinum sales event)
  3. The best possible incentives
  4. I do not represent the builder. I represent you. You benefit from my expertise of being a top selling pre-construction agent and investor myself since 2007.
  5. Access to my personal network of mortgage brokers, lawyers, property management, HST rebate services, handymen and much more.
  6. My services to you as a buyer are free

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Do I get a cooling off period? What is it for?

Yes, after you sign the contract to purchase a suite you will have a standard 10-day cooling off period. It’s 10 calendar days, not business days from the time you sign.

The 10 days are primarily for 2 things: 1) to have a lawyer review your contract with you if you wish and 2) to get a mortgage pre-approval letter

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Do I need to have a lawyer?

You don’t need to have a lawyer at the moment that you sign the agreement, however I always recommend that you have a qualified lawyer review your agreement of purchase and sale after you sign and during your 10-day cooling off period.

Not sure who to talk to? Don’t worry – getting a lawyer is something I can help you with. Contact me for more details.

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Do I need to have a mortgage pre-approval to buy?

95% of all builders will require you to provide them with proof of financing capability in order to purchase. This is not required before you sign a contract, but it is usually required within 60 days of signing.

Not sure where to begin? Don’t worry – getting a mortgage pre-approval is something that I can help you with. Contact me for more details.

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Do the prices include HST?

If you are purchasing for yourself and plan to move in, then yes, prices include the HST and there is nothing you will have to pay at final closing.

If you are purchasing as an investment rental property, then you will have to pay approximately 7.8% of the purchase price as HST on final closing.

This money is remitted to the CRA and as an investor renting out your property you can apply to the CRA immediately to get this money back. It usually takes about 1 month to get your rebate back.

For more information on the HST, see here:

https://truecondos.com/tag/hst-rebates/

Contact me for more details.

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What are my closing costs on a pre-construction condo?

Closing costs on a pre-construction condo will vary greatly depending on the actual purchase price of the unit you are buying, but it also depends on the builder, the city that you are buying in, and the type of unit that you are buying.

 

Roughly speaking in Toronto you can expect to pay approximately 3-5% of the purchase price in closing costs when purchasing a brand new condo.

 

Check out this article for more info on closing costs:

https://truecondos.com/5-things-to-know-about-closing-costs-when-investing-in-a-pre-construction-condo/

 

Contact me for more details

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Are there any ‘hidden’ costs when buying a pre-construction condo?

No, there are no hidden fees when buying pre-construction condos because all fees must be disclosed in the agreement of purchase and sale. All purchasers have 10 days to review the agreement and have a lawyer advise them on the exact closing cost amounts. If you need a lawyer to help you we can suggest to you to several expert law firms that will review your agreement in detail.

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Is it possible to assign my condo? How much is the assignment fee?

Most condo builders do allow you to sell your unit before the building is complete. This projcess is called selling by “assignment”.

There is usually an assignment fee and a legal fee associated with selling. Costs can range from $1000-7000. Contact me for more details.

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(416) 371-2333

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