Modal at Main is a new pre-construction property by Reid’s Heritage Homes in Cambridge. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.
Starting at $500,000s, Modal at Main is a solid choice whether you're buying to live in or as an investment. You'll lock in today's developer pricing while the property value grows during the 3-5 year build period.
Coming soon to the heart of is an exciting new community that offers residents unparalleled access to the best of the best that Cambridge has to offer! Comprised of near Modal at Main is perfectly situated just moments from and so much more that ensures the best of city living!
Modal at Main sits in Cambridge at Main St & Franklin Blvd, Cambridge. Heritage city in Waterloo Region. Affordable prices, ION Stage 2 transit plans, and a growing community along the Grand River.
Cambridge keeps growing—new transit, more jobs, better infrastructure. That's why pre-construction here makes sense. You're buying into a city on the upswing.
Modal at Main is priced better than most resale homes in Cambridge. You lock in today's developer price, and by the time it's built (usually 3-5 years), the market's usually gone up. That's free equity before you even move in.
Reid’s Heritage Homes has been building in the GTA for years. They know what they're doing, finish on time, and build quality homes that hold their value. That matters when you're investing this much money.
Get Developer HistoryDiscover why Cambridge is an ideal location for pre-construction investment
Cambridge is home to 138,000+, and steady growth with manufacturing base. Historic downtown (Galt, Hespeler, Preston) Additionally, grand river waterfront. Located in Cambridge, Modal at Main offers residents a perfect blend of urban convenience and suburban comfort.
Manufacturing and tech employment University proximity
Cambridge is well-connected to the GTA through excellent transit options. GO Train stations including Cambridge GO (planned) provide 60-75 minutes to downtown toronto. Major highways including Highway 401, Highway 8 ensure easy access throughout the region.
Residents of Cambridge enjoy access to excellent educational institutions including University of Waterloo (nearby) and Conestoga College, healthcare facilities like Cambridge Memorial Hospital, and major shopping destinations such as Cambridge Centre and Pinebush Road. Popular parks include Riverside Park and Chicopee Ski & Summer Resort.
Average condo prices: $500,000-$750,000. Annual appreciation: 4-7% Average rental yield: 4.5-5.5%. Strong demand from students and workers Future developments include GO Train service expansion and Transit improvements, which will further enhance the area's appeal. Major employment centers include Manufacturing and Automotive, driving demand for housing.
Affordable entry point in Waterloo Region Strong employment base University proximity drives rental demand Historic charm with modern amenities GO Train expansion planned Investing in pre-construction in Cambridge allows you to secure a property at today's prices while the area continues to develop and appreciate in value.
Well-connected to downtown Toronto and the GTA
Consistent property value appreciation
Modern amenities and community infrastructure
Most Reid’s Heritage Homes projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.
Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.
Yes, most pre-construction projects by Reid’s Heritage Homes allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.
Closing costs generally range from 3-5% of the purchase price, covering Land Transfer Tax, legal fees, and development levies. We negotiate capped levies to protect your bottom line.
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