237 KING Street W Unit# 1308, Cambridge, N3H5L2
237 KING Street, Cambridge, Ontario N3H5L2
51 DAVID Street Unit# 103, Kitchener, N2G1K1
51 DAVID Street, Kitchener, Ontario N2G1K1
255 KEATS Way Unit# 1305, Waterloo, N2L6N6
255 KEATS Way, Waterloo, Ontario N2L6N6
#2 -101 WESTMOUNT RD N, Waterloo, N2L5G5
101 Westmount Road, Waterloo, Ontario N2L5G5
60 CHARLES Street W, Kitchener, N2G0C9
60 CHARLES Street, Kitchener, Ontario N2G0C9
#41 -52 BLUE SPRINGS DR, Waterloo, N2J4M4
52 Blue Springs Drive, Waterloo, Ontario N2J4M4
Luxury Condos for Sale in Kitchener-Waterloo
Condo living is more popular than ever and new developments are popping up quicker than ever. Condo living can be highly desirable with the convenience it has to offer, especially luxury condos. They offer all kinds of amenities and extra perks.
The Kitchener-Waterloo area in Ontario is also highly desirable. There are many luxury condos offered and there could be one waiting for you. This article is going to show you why luxury condo living is right for you.
What do Luxury Condos Offer?
Some of the higher priced condos offer more and that is why it might be worth spending the extra money. They can be expected to be larger, more modern, newer, higher up, and in a more desirable area.
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With higher priced luxury condos, you can expect the condo fees to be higher, but depending on your lifestyle, it might be worth it to you. In this instance, you get what you pay for.
So what can you expect to receive from luxury condo living?
Amenities: The amenities offered are the top reason people choose to reside in luxury condominiums. Depending on the complex, there is a list of different perks.
Fitness centre: With luxury condo living it goes beyond a simple workout room. They offer modern workout machines, along with yoga, spin, rumba, and other fitness and wellness classes.
Lounging pool: Depending on the building there may be an indoor or outdoor pool, hot tub, or even steam room.
Recreation facilities: Some luxury condos offer indoor or outdoor basketball or tennis courts.
Lounge/game room: If you want to get out of your suite or desire a change of scenery once in a while, it is nice to have a lounge or game room. It is also a good way to socialize and meet other residents in the building. This could include a pool table, kitchen area, lending library, and more.
Snow removal/landscaping: Many luxury condos offer a large greenspace with lots of trees and shrubs, even an area to gather with comfortable benches. You don’t have to worry about mowing the lawn or shovelling the snow in the winter. That will always be taken care of and included in the price of your condo fees.
Parking: Luxury condo buildings will offer underground parking and with the increased environmental awareness, most have electric charging stations nowadays.
In-unit features: This is more than your basic set of appliances. In a luxury condo, the appliances are top of the line, including in-suite laundry. This could also include a walk-in closet, hardwood flooring, upgraded fixtures, trim, or backsplash, and a private balcony.
Pets: Many condominiums today are more accepting of those residents who are also pet parents. There might be an additional cost if you are renting, but there is often designated space for taking your pet outside or dog parks within close proximity.
Location: Another convenient reason to choose condo living, is most of the buildings are developed in mindfulness of the many amenities within the surrounding area. That means they are usually close to shopping, dining, schools, parks and other important landmarks and amenities.
Concierge service: Some luxury condos offer this and it is a very nice added touch. They are the first people seen when entering a condominium and along with offering some security, they get to know each resident by name and offer excellent customer service.
There are some reasons condo living might be a good choice for you. If you are looking to live in Kitchener’s beautiful downtown amidst tree lined streets and historical sites, there are luxury condos available.
As always, real estate living is not a one size fits all deal. There are certain demographics and individuals who have lifestyles that simply don’t suit condo living. To give some more bread and butter, here are some of the pros and cons of luxury condo living:
Pros of Luxury Condos
Condos have a distinct design and luxury condos go even further with unique styles and upgraded finishes.
The views are amazing, especially the higher up you live. Luxury condos are often in high-rise buildings. Being higher up also offers more security, which is why the cost is also higher.
Better chance of being close to the centre of the city, not the outskirts. If you work or commute to the city or downtown frequently, then a condo close to that area will be beneficial to you. They are often close to other important landmarks or amenities.
They are well maintained which takes some of the burdens of maintenance off of you.
Cons of Luxury Condos
They might not have enough space for you.
Lack of privacy: A drawback of condo living might be the fact that you are closer to your neighbour than in a detached home. There is someone living next to you, below you, above you, and even across the hall. The amenities are also shared and that could be a reason for some to choose other real estate options.
Some condos do not allow pets and if they do they don’t have a big backyard. If you are not looking forward to the elevator or staircase to find a spot for your pet to use to take a bathroom break it might be another drawback.
Condo fees: Don’t be shocked by “hidden” fees. Every condo development has its own cost that includes upkeep, amenities, and other luxuries that accompany the condo lifestyle.
Property taxes: The higher the property value, the higher taxes you will have to pay.
Emergencies: Any type of emergency maintenance is the responsibility of the owner. This means any unexpected occurrences.
Insurance: At times, insurance can be more costly for more luxury living. The more extravagant living is higher than normal condo living. Keep in mind you can also shop around and find the best deal for your lifestyle.
Making the choice to move is a big decision, whether you chose condo living or not. That is why you should take the time you need, weigh the pros and cons, and talk to someone on the WRX team of realtors. We have years of experience to ease some of the stress of looking for the perfect place to call home.
There is a long list of desirable luxury condominiums in the Kitchener- Waterloo area. If you have any more questions about luxury condo living and the area contact us today!