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The Platform Condo Kitchener

By VanMar Developments

Downtown Kitchener / Innovation District, Kitchener, Ontario
Condo
Occupancy: 2028
1 - 3 Beds
510 - 1,050 sq ft sqft

Starting from

$524,900

TypeCondo
From$524,900
Storeys18 floors
Units220
Beds1 - 3
Baths1 - 2
Size510 - 1,050 sq ft sqft
Completion2028

Overview

Project Details

Architect
ABA Architects Inc.
Building type
Condo
Storeys
18 storeys
Total homes
220
Beds
1 - 3
Baths
1 - 2
SqFt
510 - 1,050 sq ft sqft
Parking cost
$45,000
Storage cost
$5,000
Maint/sqft
$0.62 per sq ft
Avg price/sqft
$750
Estimated completion
2028
Deposit structure
20% tiered deposit structure
Assignment policy
Assignment Friendly
Appreciation forecast
6.5%/yr

The Platform Condo Kitchener is a significant new residential development brought to market by VanMar Developments. Located in the heart of the Innovation District in downtown Kitchener, Ontario, this project represents a strategic addition to the local urban landscape. The 18-storey condominium building is designed to house 220 residential units, offering a diverse floor plan mix ranging from one to three bedrooms. Residents will have access to a comprehensive suite of building amenities, including a professional co-working lounge, a modern fitness centre, and a rooftop terrace. Additional practical features include a dedicated concierge service, a pet wash station, and secure bicycle storage facilities to support the active lifestyle of the downtown core. The building is positioned to cater to a range of residents seeking integrated living in a rapidly evolving tech-centric environment. Opportunities for purchase currently feature a tiered 20% deposit structure with pricing starting from $524,900 CAD. Available floor plans range in size from 510 to 1,050 square feet, with final occupancy projected for 2028. Situated within the city’s primary economic hub, the location provides proximity to major transit corridors and the burgeoning local business sector. Kitchener remains a focal point for institutional investment and regional growth due to its expanding technology sector and consistent population increases. Investing in this location offers exposure to one of Ontario’s most dynamic secondary markets, characterized by stable demand and infrastructure development. The Platform Condo Kitchener provides a measured opportunity to acquire purpose-built residential inventory within a growing metropolitan centre that continues to attract talent and enterprise.

#PreConstruction#NewCondos#KitchenerCondos#KitchenerRealEstate#OntarioRealEstate

Pricing and Fees

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The Station Studio

1 Bed 1 Bath 510-545 sqft

From

Efficient open-concept layout with floor-to-ceiling windows and a private balcony.

The Commuter 1BR

1 Bed 1 Bath 580-630 sqft

From

Functional one-bedroom suite featuring a modern galley kitchen and dedicated workspace nook.

Urban Den 1BR+D

1 Bed 1 Bath 650-690 sqft

From

Features a versatile den perfect for a home office, plus an expanded living area.

Grand Trunk 2BR

2 Bed 2 Bath 750-820 sqft

From

Split-bedroom floor plan for maximum privacy, complete with a primary ensuite bath.

Metropolitan 2BR+D

2 Bed 2 Bath 850-920 sqft

From

Spacious corner unit with wrap-around windows, a formal dining area, and a bonus den.

The Platform Penthouse

3 Bed 2 Bath 980-1050 sqft

From

Expansive three-bedroom residence offering premium finishes and panoramic city views.

AI-generated floor plan estimates. Contact us for official floor plans and pricing.

Amenities

Co-Working Lounge
Fitness Centre
Rooftop Terrace
Concierge
Pet Wash Station
Bicycle Storage

Neighbourhood

85Walk
75Transit
88Bike

About the Neighbourhood

The Innovation District and Breithaupt block is Kitchener's tech and transit core, hosting Google, Communitech, the Ion LRT, and central dining and culture.

Breithaupt Street & Moore Avenue

Contact sales center

Request additional information including price lists and floor plans.

Investment Analysis

Investment Analysis

AI-scored using verified market signals

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91
OUT OF 100
Excellent opportunity

Strong fundamentals across location, rental economics and growth outlook.

Est. monthly rent

$2,100–$2,850

5-yr appreciation

+6.5%

Starting from

$524,900

Price per sq ft

$750

How this score is calculated
Walkability85/100 Walk Score
Transit access75/100 Transit Score
Cycling88/100 Bike Score
Rental yield potential4.80% gross yield
Appreciation outlook+6.5%/yr forecast

The AI Investment Score blends the verified signals above — location scores, rental economics and appreciation outlook — with how strongly the project was corroborated across independent sources. It is a research aid, not financial advice.

Rental Yield Calculator

Estimate cash flow & returns for this unit

Purchase & Financing

Purchase Price$524,900
$300,000$3,000,000
Down Payment35%
5%50%
Mortgage Rate4.5%
2.0%10.0%
Amortization30 yrs
10 yrs30 yrs

Rental Income

Monthly Rent$2,950
$1,000$8,000
Vacancy Rate3%
0%15%

Monthly Summary

Monthly Cash Flow

-$46

Negative cash flow / month

Gross Yield

6.54%

Net Yield

3.85%

Monthly Breakdown

Effective Rent+$2,862
Mortgage Payment-$1,729
Condo / Strata Fee-$600
Property Tax-$350
Mgmt Fee-$229
Net Cash Flow-$46

* Estimates only. Consult a financial advisor before investing. Figures exclude insurance, repairs, and capital improvements.

Mortgage Calculator

Estimate your payment

Loan Details

$524,900
20% ($104,980)
5.25%
25 years

Payment Frequency

Monthly Payment

$2,516

Principal & interest

Mortgage Amount

$419,920

Total Cost

$754,908

* Estimates only, for illustration. Excludes taxes, insurance and fees. Confirm rates with your lender.

Closing Cost Estimator

Taxes calculated for Ontario · Kitchener
$524,900
20%
Land Transfer Tax (Ontario)$6,973

Ontario land transfer tax

Legal Fees$1,500
Title Insurance$400
Home Inspection$500
Total Closing Costs$9,373

Investment Return Estimator

$524,900
20%
6.5%
$2,100
5 yrs
Down Payment$104,980
Property Value in 5 yrs$719,158
Total Rental Income (net)$77,878
Estimated Profit$236,178
ROI on Down Payment225%

Frequently Asked Questions

Units at The Platform Condo Kitchener start from $524,900. Pricing may vary based on floor plans and specific unit configurations.

Still have a question about The Platform Condo Kitchener?

Illustrative estimates only — not financial, tax or investment advice. The investment score, rental yield projections, appreciation forecasts, closing-cost and mortgage figures presented in this section are computer-generated estimates produced for demonstration purposes. They do not constitute an appraisal, a formal opinion of value, a mortgage pre-approval, or any form of financial, tax or legal advice, and they must not be relied upon when making a purchase decision. Actual costs, taxes, financing terms and returns will vary with the applicable jurisdiction, lender criteria, market conditions and individual circumstances. CondoGuru.ca and its affiliates make no representation or warranty as to the accuracy or completeness of these figures and expressly disclaim all liability for any loss or damage arising from reliance upon them. Prospective purchasers should independently verify all amounts with the developer's sales team, a licensed mortgage professional, and a qualified legal or tax advisor.

Developer Profile

Developer Profile

VanMar Developments

Cambridge, Ontario

VanMar Developments is an experienced Canadian developer delivering mid-rise and high-rise mixed-use residential developments across Southwestern Ontario and British Columbia.

Projects

1

View Full Profile

Other Projects by This Developer

No other projects found.

Last updated: September 28, 2026

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From$524,900