• phone: 2262181528
  • mobile: 2262181528

Blog by Nick Carere

<< back to article list

  • +1
Waterloo`s Newest Condo Development 144 Park

Waterloo`s First Upscale condo development is set to break ground April 2010. 144 Park located at the corner of Park and Allen street in Waterloo is being developed by Mady Group in partnership with two local investors. 144 Park will have 144 units consisting of eight brownstone units, 1 bedrooms, 1 bedroom plus dens, 2 bedrooms, 2 bedrooms plus den and eight penthouse units on the top two floors. The brownstone units will front onto Allen and Park and have been designed to mock New Yorks`brownstone town homes.  All of the units will come standard with very high-end finishings including hardwood floors, granite and marble counter tops, stainless steel appliances with gas hookups. The Penthouse units and the brownstones seem to be the most popular with only 4 brownstones left and 4 penthouse units left for purchase. This can only be a good sign as the ultra elite of Waterloo want to live in the 144 park development.  

144 Park is located in a great area with many amenities within walking distance. You can be anywhere in uptown Waterloo within a five minute walk.

The amenities within the building are endless. The building with have a concierge, fully equipped gym with change rooms, Party room with a walkout to a very large terrace with barbeques, benches, and lots of green space. Other amenities include a theater room, guest suite and car wash stall.

I have been by 144 Park multiple times and I have bought myself a unit in the building as I really believe in the project. One really great aspect about the project is you only need 10% down on all of the executive suites, which makes it a great investment will possible high returns for only 10% down. They have recently adjusted the deposit structure to make purchasing the executive units very affordable to get in at the ground level. 10% down on a condo project is rare.

If you are interested in the project please let me know and I can take you by to check it out. I have become very knowledgeable about the project. I have read through an entire purchase agreement and condo documents for the purchase of my own unit. I am a local Realtor in the area and would be glad to represent you to purchase any of these great units within this project.  If you happen to walk in on your own, please mention that you heard about the project by reading Nick Carere`s Real Estate blog.