This morning we brought you anecdotal sales figures from Waterloo?s RED Condominium launch last night (RED Condos in Waterloo Starts Sales with a BANG) and after meeting with one of the developers this afternoon, I have more details.
Momentum Developments, the firm behind RED Condominiums in Uptown Waterloo, had their VIP party last night ? and what a night it was.
When all the dust settled this morning:
Momentum sold more than half the units at RED.
Every unit under $300,000 sold.
Every Studio unit sold. (Pricing was between 218,900 and 241,900)
Every 1 bedroom condo sold.?(Pricing was between 257,900 and 344,900)
All but one of the Sub Penthouse residences (fifth floor) sold.
One Penthouse residence sold.
There is a great selection of 1 bedroom + den units, and two bedroom units left ? everything else has been sold.
Big congratulations to the team at Momentum Developments ? you?ve brought another exciting project to Waterloo, and the market has responded with a resounding ?Thanks!?
If you?re interested in floorplans, we have them available here: ?RED Condo Floor Plans. ?If the floorplan you?re looking for hasn?t been added to our site yet, just send me an email & I will send it directly to you.
For pricing information, call me at 519-772-4376 or email me directly at Benjamin AT BenjaminBach DOT com.
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About Benjamin Bach, KW Commercial Director
Benjamin Bach spends his days helping clients buy and sell investment and commercial real estate in Waterloo Region, Canada (where the Blackberry is from). He serves as Director of KW Commercial, the Commercial Real Estate division of Keller Williams Golden Triangle Realty, and specializes in the acquisition and disposition of development land and income producing assets including apartment buildings, student housing & net-leased commercial buildings.Source: http://www.benjaminbach.com/featured/red-condominiums-in-waterloo-are-over-half-sold-out-already/
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