Otis Residences

Address 51 David Street, Kitchener, ON
Prices N/A
Occupancy
Developer
2 Bed Starting
1 Bed Starting
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About Otis Residences Development

Otis Residences is a new condo development that is currently in the pre construction phase by Vive Development and VanMar Developments, located at 51 David St, Kitchener, ON. This project is bringing a wide community featuring 36 residential units in a low rise building of 5 storeys. The estimated completion date for occupancy for this property is 2022.

Situated on beautiful Victoria Park, Otis in the Park is a distinctive boutique condominium, thoughtfully designed to be chic and sophisticated as it is luxurious. This intimate 30 suite building is in the heart of Downtown Kitchener. With six levels of individual floorplans, this distinguished property is something truly special for those looking for an elevated experience.

The prices of condos at Otis Residences will range from $668,900 to $1,311,900. So, get in touch with a realtor to explore all the necessary information about Otis Residences. Find information about prices, sales, and much more!

Features and Amenities

Otis in the Park, an exclusive new residence is in downtown Kitchener. This site will have a low rise building of 5 storeys with a total of 36 suites. These suites will offer generous floor plans ranging from 1 bedroom to 4 bedroom suites. Also, as per the plans, the size of these suites will vary from 954 square feet to 1958 square feet.

Each suite will bring luxurious features and finishes along with beautiful interiors. The open concept kitchens will feature integrated pot lights, high efficiency washer and dryer and others. There will also be caesarstone® or equivalent kitchen countertops, caesarstone® seamless backsplash, European appliances and much more.

Moreover, bathrooms will feature porcelain tiles, walk in glass showers, seamless countertops,  undermount sinks, modern bathroom cabinetry and others. The buildings will also offer ample lifestyle amenities.

Residents will find a basement lounge restaurant with dine in priority, pet washing station, secure bicycle storage, private parking facility with mobile initiated automated parking system and much more.

Location and Neighbourhood

Sitting in the heart of Victoria Park, Otis Residences brings a wealth of dining, shopping, entertainment and service amenities. With a great walk score of 78, the location will be close to many supermarkets, schools, parks, restaurants and others. Such as, The Boathouse, Mi Tienda Latina, Arcuense Store Ltd, Hasty Market and much more.

Accessibility and Highlights

The area of Otis Residences has a good transit score of 66. As a result, Otis Residences is close to several transit options. 301 ION, KI Kitchener and VIA Rail Toronto – Sarnia are just a few minutes away from the site. Several bus lines like 30 Kitchener / Bramalea, 25 Waterloo / Mississauga, 204 iXpress Highland-Victoria and 1 Queen-River are also nearby.

About the Developer

Vive Development is a leading real estate development firm that creates modern homes across major regions of GTA. They strive to develop vibrant and sustainable properties in established neighbourhoods. At present, The Market Flats is another project by them.

VanMar Developments is a well established real estate company since 1972. Offering confidence, pride and that special feeling of home, they have built several condos across Ontario and British Columbia. Currently, Maxx Urban Towns is another project by them.

Stay tuned to Precondo.ca for the latest updates on pre-construction condos in Kitchener.

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Sales Info

Parking Cost: Included
Storage Cost: $7,500
Deposit Structure:
  • $2,000 upon signing
  • 3% due in 30 days
  • 3% due in 60 days
  • 3% due in 90 days
  • 3% due in 120 days
  • Remaining due in 180 days
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