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DTK News
Wed Feb 19
Just when the housing market needs a firm hand, Ottawa makes it easier to get a mortgageSo much for the adult supervision of our housing market. The federal government was onto a good thing when it introduced a stress test for home buyers a few years ago that demanded they be able to afford mortgage payments if interest rates spiked higher. The stress test was tough, but all in a […]
Read MoreTue Jan 14
Downtown Kitchener college campus expected to give economy a boostKITCHENER — Businesses in downtown Kitchener could see an uptick in sales next week as the new Conestoga College campus at Market Square prepares to welcome students. Over 800 students are enrolled in programs at the campus, with classes set to begin Monday. Another 100 part- and full-time faculty will also work out of the […]
Read MoreSat Sep 14
Kitchener rents appreciating at one of Canada’s fastest ratesKITCHENER – Lots of demand, few options and sky-high prices: this is the reality for local renters. Apartments in Kitchener are appreciating at the second-fastest rate in Canada, causing an affordability crunch in the city. If you want to rent a new condominium downtown, it will likely cost between $1,700 and $2,100 a month. That’s […]
Read MoreThu May 30
PM announces $52M for ‘innovation network’ between Waterloo, Toronto and OttawaThe federal government is investing $52.4 million in an innovation network that is expected to create 18,000 skilled jobs in Waterloo, Toronto and Ottawa. Prime Minister Justin Trudeau announced the funding for the new “Scale-up Platform” program for tech companies at the Communitech technology hub in Kitchener, Ont., on Tuesday. The federal government says the platform will be the […]
Read MoreFri Apr 12
Mass migration helping bolster region’s home pricesA new trend is emerging in the local real estate market that appears to be backed by mass migration. Last month’s real estate numbers show that the number of sales is falling, but prices aren’t. When homes go on the market, there’s increased competition. A lot of that competition is coming from the 416 area […]
Read MoreTue Apr 9
Construction is UnderwayThe base is taking shape at DTK Condos in Downtown Kitchener. We are excited to see the stages in construction as we move along. Excavation and shoring is almost complete. At this point the foundation is also beginning to be poured on site. The photos here show the construction completed to this point. Watch our […]
Read MoreMon Apr 16
Too few houses for sale in Waterloo region spark bidding wars, says realtors groupRealtors association group says multiple offers on properties are increasing prices Bidding wars are breaking out because the number of homes going on the market in Waterloo region is at “historic low levels,” local realtors say. Housing prices continue to rise even though the number of sales has slowed, said Kitchener-Waterloo Association of Realtors president Tony Schmidt. […]
Read MoreMon Apr 16
Manulife plans 25-storey building in downtown Kitchener parking lotManulife Financial has big plans for what’s now a parking lot at the corner of Charles Street and Water Street in downtown Kitchener. The City of Kitchener has received Manulife’s site plan application for a 25-storey building, which details a ground-floor retail space, five storeys of offices and topping off with 20 storeys of residential space, along with […]
Read MoreMon Apr 16
Startup city: The high-tech fever reshaping Kitchener-WaterlooBurgeoning tech companies are on the rise in Canada, attracting funding and IPO buzz in hubs across the country. Our occasional series explores how each locale nurtures its entrepreneurs, the challenges they face and the rising stars we’re watching. Waterloo’s next wave AS BLACKBERRY FADES TO A SHADOW OF ITS FORMER SELF, A NEW GENERATION […]
Read MoreMon Apr 16
New office building the latest sign of downtown Kitchener’s rebirthThe six-storey Class A tower, when complete in 2020, will be steps to transit in the tech-friendly Innovation District A 10-minute walk is all that separates the current law offices of Gowling WLG from its future address in what will be the city’s first new downtown office building in 25 years. But even a short-distance move holds long-term implications for […]
Read MoreMon Apr 16
Raw spaces enable startups to sprout in Canada’s Silicon ValleyNot Moscow on the Hudson, but rather Toronto on Silver Lake? Or the Grand River, perhaps? A few blocks from Silver Lake and the Perimeter Institute for Theoretical Physics in Waterloo, Ont., a former police station at 14 Erb St. W. has been expertly transformed into an “innovation centre” by Toronto talents Raw Design. Completed in May of […]
Read MoreMon Apr 16
Massive innovation complex coming to Kitchener-WaterlooKitchener-Waterloo is set to get a large new innovation complex specifically aimed at new hardware companies and exceeding the size of a pioneer facility in Shenzhen, China. The 475,000-square-foot project, named Catalyst137 after its Kitchener address on Glasgow Street, was announced on Tuesday by Frank Voisin, president of real estate investment firm Voisin Capital, and […]
Read MoreMon Apr 16
2017 A BIG YEAR FOR KITCHENER WATERLOO HOMES SALESTotal residential sales volume surpasses 3 billion KITCHENER-WATERLOO, ON (Jan 5, 2017) –– There were 6,549 homes sold in Kitchener-Waterloo and area last year through the Multiple Listing System (MLS® System) of the Kitchener-Waterloo Association of REALTORS® (KWAR), just one percent behind matching last year’s record smashing results. The year ended strong with 301 home […]
Read MoreMon Apr 16
Two-Way, All-Day GO for Waterloo Region Takes Next Steps ForwardOntario Commits More Than $11 Billion for High Speed Rail and Takes Next Steps to Deliver Two-Way, All-Day GO Regional Express Rail Service to Kitchener Premier Kathleen Wynne was at Vidyard in Kitchener today to announce a series of actions Ontario is taking to dramatically expand regional transit for people in Waterloo Region. As announced […]
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