• Estimated Completion 2025
  • Starting from 500,000s

Strata Condo


Project Information

The Strata Condos project is a modern and sleek new addition to uptown Waterloo that has been created with future inhabitants in mind. Located on the west side of King Street near Bridgeport Road, this mixed-use building includes two condominiums that are ready for buyers now.
At 11 stories high, these condos provide 281 highly luxurious units made for modern living. With both buildings reaching heights of around 81 meters and standing as symbols of what can be done now – these condos are sure to attract locals and visitors alike who want to live life by design.

Reasons to Buy

  • It is conveniently located only 3 minutes from the University of Waterloo, which has been ranked the number one university in Canada for 27 years. The university’s new engineering building, 230,000 square feet, will house approximately 1,500 undergraduates as well as 500 graduates. This will increase the university’s current student population of 40,000.
  • Wilfrid Laurier University is just 8 minutes away from residents. It houses over 20,000 students. Macleans Magazine ranked Wilfrid Laurier University 6th among top Canadian universities in 2018. The new Lazaridis School of Business & Economics, covering 200,000 square feet, will be a magnet for thousands of students, researchers, and collaborators. The school was ranked second in growth in research funding. It is well-known for its excellence in research.
  • It is only 9 minutes walk to Willis Way Station, which is a stop on the ION Light Rail Transit Line connecting Kitchener, Waterloo, and Cambridge. This makes it easy to commute throughout the Tri-Cities.
  • Conestoga Mall is only a 10-minute drive away! Future residents of Strata will be able to enjoy a premier shopping experience, including a wide range of restaurants, specialty shops, and Galaxy Movie Cinemas.
  • Population: 568,500. One of Canada’s fastest-growing communities. It is expected to grow to 742,000 people in 2031. The KW region is home to the fourth largest population in Ontario.
  • Kitchener-Waterloo is Canada’s fastest growing tech talent marketplace. It has added 8,400 jobs to its workforce over the past five years, nearly 66% more than Toronto. This attracts young talent and offers a lower living cost than Toronto. It is the second fastest growing region in NORTH AMERICA for tech jobs, surpassing Silicon Valley. Google, Microsoft, Shopify, Blackberry, Desire2Learn, Communitech all call Kitchener home
  • In 2017, Venture Capital was invested in more than $291 million dollars in tech companies
  • HIP Developments, a well-respected developer who was established in 2010, is developing Strata Condos. They primarily focus their development in the Waterloo Region.

Quick Facts

Developer:HIP developments
Address:70 King St N Waterloo
Nearest Intersection: Bridgeport Rd E & King St N
Pricing: Starting From The 500s
Occupancy: November 2025
Suites: 243 suites
Suite Types: Studio – Two Bedroom Suites
Suite Sizes: 397 sq ft – 831 sq ft
Maintenance Fees $0.52/sq ft. (Includes Building & Condominium Management and Building Security, Amenity Rooms and Lobbies Utilities and Maintenance. Common Areas, Parking and Property Cleaning and Maintenance. Snow Removal, Landscaping, Garbage & Recycling. Building Insurance, Reserve Fund Contribution. Free Wifi in all Indoor Amenities / common Areas.
Deposit Structure$10,000 upon Signing // 5% Minimum $10,000 in 30 Days // 15% in 180 Days //5% in 365 Day // 5% on Occupancy
Incentives* -Platinum VIP Pricing & Flooring, First Access to The Best Availability, Capped Developer Levies. Assignment, Leasing & Property Management Services. Free Lawyer Review of your Purchase Agreement. Free Mortgage Arrangements.
Suite Features: Laminate Flooring, Quartz Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities – Lobby, Co-working Space, Automated Parcel Delivery System, Secure Interior Bike Storage, Fitness Studio with Social Lounge, Party Room and Kitchen, Pet Washing Station. Outdoor Terrace with sauna and lounge area, fire pits and hammock lounge, outdoor kitchen/bar with trellis/shade covers, small dog park, nature walk and exercise area. Storage lockers. Secured Parking Garage with EV parking station(s). Available on a Shared Program.

About Developer

HIP Developments

HIP Developments

HIP Developments was founded in 2010 and has been a pioneer in real estate development. It is our responsibility to do more than just build real estate. It is our responsibility to build cities, especially in the Waterloo Region.

Cities are the home of the human spirit. They can be small enough to feel connected, but large enough to make a difference in the world. Cities are becoming more important as societies struggle with change. Better communities are becoming the new faith as we lose faith and trust in large, national institutions.