Average monthly rental of KW increased by 58% in 4 years, 31.4% Year Over Year
KW avg. 60% of Toronto condo prices while generating 80% of Toronto's average rent
Home to over 1,000 tech companies, including Google, ApplyBoard, NetSuite, VidYard, Magnet Forensics, Faire, Igloo, and Shopify.
Average monthly rental of KW increased by 58% in 4 years, 31.4% Year Over Year
KW avg. 60% of Toronto condo prices while generating 80% of Toronto's average rent
Home to over 1,000 tech companies, including Google, ApplyBoard, NetSuite, VidYard, Magnet Forensics, Faire, Igloo, and Shopify.
In Kitchener-Waterloo, technology is flourishing with significant contributions from industry leaders. Google’s Kitchener office, which is the company’s largest R&D facility in the region and home to its first Canadian accelerator, employs 1,400 people within its expansive 500,000-square-foot office space. This thriving tech hub is further supported by Communitech, a vibrant community backing over 1,200 tech companies, and Velocity, whose companies have successfully raised over $4.2B in funding and incubated more than 400 companies since 2008. Notably, the Accelerator Centre stands as Canada’s top accelerator for tech companies.
Developer
Architect
Number of Storeys
Number of Suites
Completion
Suite Size Range
Starting Price
Sales Agency
Law Firm
Momentum Developments
ABA Architects
34
239
2026
455 – 1290 sq ft
$500’s
There Agency
SorbaraLaw
Developer
Momentum Developments
Architect
ABA Architects
Number of Storeys
34
Total Number of Suites
239
Completion
2026
Suite Size Range
455 – 1290 sq ft
Starting PriceÂ
$500’s
Sales Agency
There Agency
Law Firm
SorbaraLaw
The original 1917 building at the corner of 20 Queen Street and Goudies Lane was inspired by the Beaux-Art architectural era. Q Condos' slender stance will rise high above this original reclaimed brick building with large window wall glazing, coloured concrete panels and perforated metal panel balcony screens.
The main floor of Q Condos will open into a new community space in Goudies Lane, featuring a boutique coffee shop, social space and performance area where patrons will enjoy scheduled art and music events.
Queen Street and Goudies Lane was home to various conservatories of music and dance. To continue the creativity at this corner, a community performance space will be designed and built at the base of Q Condos.
Google’s new office expansion is underway in Downtown Kitchener. This continued growth of the innovation district and expansion of Google’s Presence in Kitchener is expected to attract more talent and investment to the region, further solidifying Kitchener’s status as a hub for tech innovation and entrepreneurship.
The slender design of Q Condos will rise 34 spectacular storeys above Queen Street’s creative vibe. Overlooking Victoria Park, the location is steps to the ION rapid transit and surrounded by tech jobs, restaurants, bars, art galleries and theatres.
Q will sport a state of the art cross-training facility that includes a Peloton studio, Lululemon Mirrors, combat area and a sports simulator.
Soak up spectacular views of the city and Victoria Park. Designer features and finishes bring comfort and style to Q’s spacious suites.
The Waterloo Region is also home to World Class Post Secondary Institutes such as the University of Waterloo, Wilfrid Laurier University and Conestoga College — when combined are home to over 95,000 students.
Put your feet up in Vogelsang Green, or kick them up in Victoria Park. Head to the theatre, the bar, a concert, the library, museum, or art gallery. It’s playtime.
Victoria Park provides a place to walk, jog, cycle, picnic, take the dog for a stroll, bring the kids to the playground or waterpark, and experience many community events.
Waterloo Region is moving forward with construction of a new transit hub located at the corner of King and Victoria Streets in Kitchener, walkable from Q Condos.
For recent updates on the project, visit engagewr.ca/king-victoria-transit-hub.
Waterloo Region invested $868M in the ION LRT, completed in 2019 – the most expensive project in the region’s history. When you talk about convenience in Kitchener, everything ends and starts at Q.
Drive to Google
Drive to Central Station
KW’s landscape has witnessed significant expansion in the realm of Appreciation and Rental.
KW condo prices are growing at a faster rate than the Greater Toronto Area, with a YOY growth of 45% compared to only 25% for the Greater Toronto Area (based on January 2021 vs January 2022).
(Source: TREBB, KW Association of realtors – kwar.ca)
Kitchener has a 2.1% overall vacancy rate, lower than Toronto’s 3.4%. The average rent for a 1-bed in Kitchener is $1,900/month, up from $1,200/month.
(Source: Zumper.com)
As one of Canada’s fastest-growing communities, Kitchener is experiencing a surge in demand, which is driving up both real estate values and rental rates.
Momentum Developments has called Waterloo Region home for nearly two decades. Our experience in real estate development and commitment to customer care gives buyers the confidence to trust the quality they are getting in their condominium home and investment.
By Appointment Only
Kitchener or Etobicoke Office
* Prices, specifications, sizes, floorplans, keyplates & occupancy are subject to change without notice. Maintenance & taxes are estimations only and are finalized on condominium registration. All dimensions are approximate and subject to normal construction variances. Dimensions may exceed the useable floor area. Actual usable floor space may vary from the stated floor area.
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