• Estimated Completion 2024
  • Starting from $400,000

The Jake


Project Information

The Jake is a warm welcome the world of the Jake, an exciting new luxury mid-rise condo set to open soon in Waterloo! It is located close to Weber St N & Northfield Dr W, residents of The Jake will find themselves in close proximity to a variety of sought-after amenities , such as Waterloo’s University of Waterloo, Wilfrid Laurier University Northfield ION LRT Station, Conestoga Mall, Big Box Stores and many more!

Reasons to Buy

  • It is located in a perfect location, just a five minute drive away from just a 5 minute drive from the University of Waterloo which has been ranked the top leading university of innovation within Canada over the last 27 years! The new 230,000 sq feet engineering building will accommodate about 1,500 undergraduates as well as 500 graduate students to the school’s present student body of 40,000.
  • Residents will also be 7 minutes away within a 7-minute drive of Wilfrid Laurier University which is home to more than 20000 full and part time students! Wilfrid Laurier is listed as at the 6th spot in the the top Canadian schools according to Macleans Magazine in 2018. The new 200, 000 sq ft Lazaridis School of Business & Economics will draw thousands of researchers, students and other collaborators. Ranking second for growth in research funding, the school is known for its excellence in research.
  • It’s only a two-minute drive (or 11 minutes of walking) only a short distance away is The Northfield ION LRT Station where within a single stop, passengers will be on Conestoga Mall, 2 stops from the University of Waterloo, and six stations from Grand River Hospital! Not only that, it is also the ION LRT seamlessly connects passengers via Kitchener, Waterloo and Cambridge which makes commuting through the Tri-Cities extremely easy.
  • The Jake is located in a convenient five-minute drive away from Conestoga Mall! The future residents of The Jake will be able to get a top shopping experience that includes a large range of shops, restaurants, Galaxy Movie Cinemas and exclusive specialty stores only a few minutes away
  • 568,500 residents and one of Canada’s fastest-growing communities, which is expected to grow to 7422,000 people by the year 2031. The KW region is home to the fourth largest population in Ontario
  • Kitchener-Waterloo is known as for being Canada’s fastest-growing tech talent market. It has increased its pool of talent by 66% over the past five years, adding over 8400 tech jobs that attract new talent, while providing an affordable costs for living, compared to Toronto! The rapid growth of jobs in the field of technology makes it the second most booming in NORTH AMERICA surpassing the rate of Silicon Valley. Google, Microsoft, Shopify, Blackberry, Desire2Learn, Communitech all call Kitchener home
  • Tech companies attracted more than $291 million dollars to Venture Capital in 2017
  • Jake Jake is being designed by a highly respected designer, VanMar Developments, who have more than 40 years of experience building!

Quick Facts

Developer: VanMar Developments
Address: 101 Golden Eagle Rd, Waterloo
Nearest Intersection: Weber St N & Northfield Dr W
Pricing: Starting From The $400s
Occupancy: Fall 2023
Storeys / Suites: 6 Storeys / 106 Suites
Suite Types: One Bedroom – One Bedroom + Den Suites
Suite Sizes: 521 sq ft – 680 sq ft
Condo Fees: Approx. $0.59/sq ft
Parking: Underground Parking – $45,000 (on eligible units) // Surface Parking – $30,000 (on eligible units)
Deposit Structure: ​5% on Signing // 5% in 60 Days // 5% in 180 Days // 5% on Occupancy
Incentives*: Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Assignment, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements
Suite Features: Laminate Flooring, Stone Kitchen Countertops, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer and more
Building Amenities: Lobby, Mailroom, Fitness Studio, Bike Room, Lounge and more

About Developer

VanMar Developments

VanMar Developments

VanMar Developments was founded in 1972 by the brothers Van Maren and is still an owned by the family. Under the direction by Art Van Maren, the company has been able to position its name as a prolific construction company across Ontario. The team at VanMar is dedicated to establishing and maintain relationships with long-term business partners that benefit both the parties. This has enabled them to build trust with customers and industry partners as well, an aspect that VanMar counts as one of the primary advantages to their the company’s success. In addition, VanMar has a long experience of delivering projects.