Blackstone - Pre-construction in Waterloo
Selling Now

Blackstone

255 Northfield Dr, Waterloo Nearest Intersection:  Northfield Dr E & Bridge St W
by Urban Legend Developments
Price
$400,000s
Bedrooms
Various
Size
Contact for Details
Occupancy
TBD

About Blackstone

Project Highlights

  • Development Name: Blackstone
  • Developer: Urban Legend Developments
  • Location: Waterloo (255 Northfield Dr, Waterloo Nearest Intersection:  Northfield Dr E & Bridge St W)
  • Building Type: Condo/Townhome
  • Ownership: Condominium
  • Status: Selling Now

Blackstone is a new pre-construction property by Urban Legend Developments in Waterloo. Get VIP access 30-60 days before the public launch—that means first pick of the best units and lowest prices.

Starting at $400,000s, Blackstone 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.

On the north end of Waterloo Ontario, city and countryside start to blend. Urban Living and a rural lifestyle are fused together to create something unique for the mindful dweller. Blackstone Modern Condominiums at 255 Northfield Dr provide all the amenities of urban living, while giving you quick access to biking trails and surrounding rural communities to unwind. This is relax city living.

Location & Neighborhood

Why Waterloo Works

Blackstone sits in Waterloo at 255 Northfield Dr, Waterloo Nearest Intersection:  Northfield Dr E & Bridge St W. University town with a booming tech sector. ION LRT, Uptown Waterloo, and strong rental demand from students and tech workers.

Waterloo 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.

Why Waterloo is Growing

  • More Jobs: Companies keep moving here, which means more people need homes
  • Better Transit: New subway lines and bus routes make getting around easier
  • Growing Fast: More people moving in means property values keep rising

Investment Potential

Blackstone is priced better than most resale homes in Waterloo. 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.

Buy at today's price, own at tomorrow's value. It's worked for thousands of GTA buyers.

Developer Confidence

Urban Legend Developments 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 History

Project Data Sheet

DeveloperUrban Legend Developments
Address255 Northfield Dr, Waterloo Nearest
IntersectionNorthfield Dr E & Bridge St W
PricingStarting From The ​$400s
OccupancySpring/Summer 2021 Suite
TypesTwo Bedroom Suites Suite
Sizes840 sq ft – 846 sq ft Maintenance
Fees$0.46/sq ft (Includes Gas and Common Area Maintenance / Hydro & Water Separately Metered)  Deposit
Structure$2,000 on Signing // 5% Minus $2,000 in 30 Days // 5% in 60 Days // 5% in 150 Days
ParkingOne Surface Parking included with all Suites
LockersAvailable Starting From $7,000 Incentives*
Features9ft Ceilings, Vinyl Flooring, Quartz Kitchen Countertops, Stainless Steel Kitchen Appliances, In-Suite Laundry & More Building
AmenitiesParty Room, Rooftop Outdoor Terrace, Private Outdoor Ro Courtyard, Gym, Co-Working Office Area

About Waterloo

Discover why Waterloo is an ideal location for pre-construction investment

About Waterloo: A Growing Community in the GTA

Waterloo is a vibrant community in the Greater Toronto Area, offering excellent opportunities for pre-construction real estate investment. Located in Waterloo, Blackstone offers a perfect blend of urban convenience and suburban comfort.

Transit & Connectivity

Waterloo is well-connected to the rest of the GTA through GO Transit and major highways, providing convenient access to downtown Toronto and other employment centers.

Lifestyle & Amenities

Residents enjoy access to excellent schools, healthcare facilities, shopping centers, and recreational spaces.

Investment Potential & Growth

Waterloo has shown consistent growth in property values, making it an attractive market for real estate investors.

Excellent Transit

Well-connected to downtown Toronto and the GTA

Strong Growth

Consistent property value appreciation

Quality Living

Modern amenities and community infrastructure

Frequently Asked Questions

What is the deposit structure for Blackstone?

Most Urban Legend Developments projects require a 15-20% total deposit paid in stages over 18-24 months. Contact us for the specific structure for this project.

When is the occupancy date?

Occupancy is tentatively scheduled for 2027/2028. Dates are subject to change and will be confirmed in the Agreement of Purchase and Sale.

Are assignment sales allowed?

Yes, most pre-construction projects by Urban Legend Developments allow assignments, typically with a small fee or sometimes free as a VIP incentive. This allows you to sell your contract before closing.

What are the closing costs?

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.

Limited VIP Spots Available

Don't Miss Out on Blackstone

Secure your unit today with VIP Platinum access. Get first pick of floor plans, exclusive pricing, and builder incentives before public launch.

Best Pricing

Floor Plans

VIP Incentives

Starting From

$400,000s

Selling Now
Developer
Urban Legend Developments
Location
Waterloo
Occupancy
TBD

Floor Plans

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