144 Park
Uptown Waterloo
Website: www.144park.ca
Developer: Mady Development Corporation (www.madycorp.com)
Percentage Sold: 30% (Fall 2009) | 50% (March 2010) | 60% (April 2010) | 70% (July 2010) | 80% (October 2010)
Site Plan: August 14, 2008
Expanded 2-Tower Proposal
Attachment 760
Original 1-Tower Proposal
Attachment 761
I agree. What you get in a 400k condo compared to a single detached home for the same price in Waterloo is just too drastic still. Once the price of homes go up, because of a lack of new development land, I think you'll see more of a shift to these type of properties. HST and the availability of new homes in Waterloo will affect the luxury condo market for at least the next 5 years me thinks... and yes I realize "some" people prefer the luxury condo lifestyle, but it won't be enough locally to see these type of developments increase.Originally Posted by Bauer123
Noticed an ad in the Chronicle today, they're advertising this as "Over 50% Sold". So I think this tells us we're somewhere in the 50%-60% range, I could see reaching 70% by August.
Taylor Byrnes
Great news! What does construction start at? 75%?
Thanks for the tip taylor, this is awesome news! It depends on the project, but usually construction will commence somewhere between the 60-70% range. Off hand I forget the specific target for 144 Park, does anyone else recall exactly?
If units are now being priced from $314,990 it appears as though all the smaller units have sold. I need to pop in there and grab an updated price list soon to find out, unless someone else has one?
Waterloo Chronicle - March 3, 2010 - Page 17
For comparison purposes, Post 2...
September 27, 2009 (Picked-up: No Formal Date on Sheet)
I am assuming all of the cheaper units have been sold.
Most if not all the cheap units are gone. They were gone early because I remember when they opened the sales office my family almost bought one for a investment and quite a bit of them where gone already. The updated price sheet still shows all the units and prices. I was in there last week and they say if you want to inquire about availability you need to book a appointment; Although the lady did say they have been selling a couple of units per week.
From a recent price sheet...Thanks for the tip taylor, this is awesome news! It depends on the project, but usually construction will commence somewhere between the 60-70% range. Off hand I forget the specific target for 144 Park, does anyone else recall exactly?
If units are now being priced from $314,990 it appears as though all the smaller units have sold. I need to pop in there and grab an updated price list soon to find out, unless someone else has one?
Waterloo Chronicle - March 3, 2010 - Page 17
For comparison purposes, Post 2...
September 27, 2009 (Picked-up: No Formal Date on Sheet)
All the one bedrooms are gone.
The following prices have changed:
Model Old Price Current Price Increase
EX1000 $312,990 $329,990 $17,000
EX1058 $339,990 $349,990 $10,000
EX1152 $350,990 $361,990 $11,000
S958 $333,990 $340,990 $7,000
S1032 $358,990 $365,990 $7,000
S1286 $465,990 $494,990 $29,000
Some nice increases if you have already bought. The EX1000 must be popular. And the S1286!!!! I don't have an intro price list, but I thought that model started in the $445,000 range last Spring. That's a $50,000 increase.
Last edited by Floor2012; 03-08-2010 at 08:11 PM.
Ya it is... Makes me laugh that the CEO said the company ate the HST... Doesn't seem that way now.
I'm surprised they increased the price after they had pretty lackluster sales to begin with, but it makes me believe they will build this and are confident it will sell. They are also around the price point of Westmount Grand, and this project is 10x better. That is probably working in their favour.
I wonder how many people buy a extra spot at 30k. It's a aggressive price and makes me think I paid a bargain for the extra spot I bought in the Bauer next door.
[Thanks for the updated figures! Here's the original price list, and you're correct S1286 has gone up by $50K.
May 21, 2009
Definitely hope you're right.
I've been looking at this S1286 floorplan: http://144park.ca/s-1286.html. It seems decent but it's alot of money for 1286 sq.ft., 200 sq. ft. balcony, 14-17th floor with an unobstructed view over west Waterloo. Now that I've said it, maybe not. Is the current or even original price, a fair price? I like the Bauer because it's brick. 144Park is stone and brick. They both seem far superior to the stucco planned for Westmount Grand and the Barrelyards.
I live in Bauer and it's a different project. I love 144 Park but it's not Bauer. Bauer is a industrial loft feel with concrete ceilings and more of a urban look. Where 144 Park is more traditional.
And yes both are superior then Barrel yards and Westmount.
The BarrelYards current renders (if you can call them current, and who knows what is actually going to happen there) show the 25-storey condo towers made of glass which I think would look very sharp. Mind you the photos are not the best, and what actually gets built maybe drastically different, as the plan seems to change, hotel project almost halfed in size but grew one storey, the 18 and 12 storey apartments may no longer exist in the plans, the 6 and 8 storey mixed units maybe two 11 storey buildings etc.
This is not to say that I do not agree with the previous posts as I am a huge fan of both the Bauer and 144 Park projects but I don't want to count out the BarrelYards until I have seen all the projects with my own eyes someday in the future.
Found this on their website. Looks new. Sort of neat! http://144park.ca/your_address.html Use the scroll bars to see the panoramic view from several floors.
Very cool find, thanks for posting!
New Bus Shelter Ads (King & Allen - Waterloo Adult Recreation Centre) - March 29, 2010
Now being advertised as 60% Sold.
www.waterloochronicle.ca
is it just me or is a good chunk of Allen Square cropped out of one of the photos?
I noticed that too. At first I thought it was just an artifact of having stitched a panoramic photo but it seems too deliberate....very strange.
It looks like a stitching artifact to me. It isn't cropped out of any of the other photos, don't know why they'd do it to just one. It is also right on a seam line.
Taylor Byrnes
my bad - didn't notice how wide all those photos were.
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