The Block on Clair — pre-construction townhome in Waterloo by Reid's Heritage Homes
Selling Now
Townhome
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The Block on Clair Waterloo

New pre-construction townhome by Reid's Heritage Homes in Waterloo.

275 Larch St, Waterloo
by Reid's Heritage Homes
Occupancy TBD
Starting From
$500,000s
Bedrooms
Various
Bathrooms
2 - 3 Baths
Size
2 - 3 SqFt
Occupancy
TBD
Overview

About The Block on Clair

Project highlights

Development
The Block on Clair
Developer
Reid's Heritage Homes
Location
Waterloo — 275 Larch St, Waterloo
Property type
Townhome
Ownership
Condominium / Freehold
Sales status
Selling Now
Starting price
$500,000s
Occupancy
TBD

The Block on Clair is a new townhome by Reid's Heritage Homes in Waterloo. Through PreconFactory you get VIP access 30–60 days before public launch — that means first pick of the best units, the lowest pricing, and full incentive negotiation on your behalf.

Starting at $500,000s, The Block on Clair is a strong choice whether you're buying to live in or as an investment. You lock in today's developer pricing while the property appreciates during the 3–5 year build period — leveraged returns that resale buyers simply can't access.

A fantastic investment opportunity in the heart of Waterloo! Introducing an exciting new addition to a master-planned community located near Here at The Block, residents will find themselves walking distance from and minutes from the , a stop along the and so much more!

Location

Why Waterloo works

Waterloo, Ontario

The Block on Clair sits at 275 Larch St, Waterloo. 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 lines, more jobs, and rising household incomes. That's why pre-construction here makes sense. You're buying into a city on the upswing, at today's prices.

Why Waterloo is growing

  • More Jobs: Companies keep moving here, driving housing demand.
  • Better Transit: New subway, LRT and GO expansions in progress.
  • Strong Migration: Population growth keeps property values rising.
  • Infrastructure Investment: Schools, hospitals and amenities expanding.

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, The Block on Clair 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

Investment

Why pre-construction wins

Investment potential

The Block on Clair is priced below comparable resale homes in Waterloo. You lock in today's developer pricing, and by the time it's built (3–5 years), the market has typically appreciated 15–25% — free equity before you even close.

Buy at today's price, own at tomorrow's value. The playbook that worked for thousands of GTA buyers since 2010.

Developer confidence

Reid's Heritage Homes has been building in the GTA for years — finishing on time and delivering quality homes that hold their value. That track record matters when you're committing this much capital.

View Reid's Heritage Homes profile & projects

Project data sheet

Address275 Larch St, Waterloo Nearest
IntersectionAlbert St & University Ave W
PricingStarting From The $500s
OccupancyImmediately Available Storeys /
Suites6-Storeys / TBA Suite
TypesOne Bedroom + Den Suites (Double Occupancy) Suite
Sizes760 sq ft – 853 sq ft Maintenance
Fees$63.66 / month for parking // Condo fees Vary per Unit ($288-328) // No Rental Items within the Unit (Included in Condo
FeesAssociation Fee, Building Insurance, Building Maintenance, C.A.M., Central Air Conditioning, Common Elements, Heat, High Speed Internet, Parking, Private Garbage Removal, Property Management Fees, Snow Removal, Water) Deposit
Structure$30,000 Incentives*:  Platinum VIP Pricing & Floor Plans, First Access to the Best Availability, Capped Development Levies, Property Management & Leasing Services Available, Free Lawyer Review of Your Purchase Agreement, Free Mortgage Arrangements, Rental Top Up (One Year), Property Management (One Year), Fully Furnished Units, Wifi Included in Condo Fees Suite
FinishesGranite countertops and Tiled Backsplash, Stainless steel appliances- including fridge, stove, dishwasher and hood fan, Plank laminate wood flooring, Fully Furnished units, Wifi included
Amenities

Building features

  • With spacious, 2-bedroom, 1.5-, 2- or 2.5-bathroom floorplans featuring chef’s kitchens with islands and pantries, walk-in closets for ample storage, well-appointed open-concept dining and living rooms for relaxing and entertaining, sunken terraces and dens, main-floor powder rooms, sliding patio doors leading to covered glass balconies off the master bedroom to enjoy your morning coffee, these unique stacked towns are designed to suit your lifestyle and cater to your every need. And with your choice of luxury finishes, rest assured you’ll be living the luxe life for years to come.
Buyer FAQ

The Block on Clair questions answered

What is the deposit structure for The Block on Clair?

The exact deposit schedule for The Block on Clair is set by Reid's Heritage Homes and confirmed in the Agreement of Purchase and Sale. GTA pre-construction projects typically require a total deposit of 15–20% paid in stages over 18–24 months, but the specific milestones vary by builder and project. Contact PreconFactory for The Block on Clair's current deposit structure.

When is the occupancy date for The Block on Clair?

Occupancy for The Block on Clair has not been publicly confirmed by Reid's Heritage Homes yet. Pre-construction projects in Waterloo typically deliver within 3–5 years of launch, but the exact date will be set in the Agreement of Purchase and Sale. Contact PreconFactory for the latest timeline.

Are assignment sales allowed at The Block on Clair?

Assignment policy is set project-by-project by Reid's Heritage Homes. Many GTA pre-construction projects permit assignments (sometimes for a fee, sometimes free as a VIP incentive), but this is confirmed in the purchase agreement. Ask PreconFactory before you sign so we can confirm the current terms for The Block on Clair.

What are the closing costs for The Block on Clair?

Plan for roughly 3–5% of the purchase price in closing costs, including Land Transfer Tax (Ontario and, in Toronto, municipal LTT — first-time buyer rebates may apply), legal fees ($1,500–$2,500), development levies, and Tarion warranty enrolment. The exact levy caps and adjustments vary per project — PreconFactory can walk you through the current numbers for The Block on Clair.

Is The Block on Clair a good investment?

The Block on Clair by Reid's Heritage Homes is priced at $500,000s in Waterloo. Whether it's a fit depends on your budget, timeline, financing, and rental/hold plans — pre-construction returns are leveraged (you commit ~20% over two years) but not guaranteed. Contact PreconFactory for an ROI breakdown specific to your situation.

How do I buy The Block on Clair?

Register with PreconFactory for VIP Platinum access to The Block on Clair. You'll receive available floor plans, current developer incentives, mortgage broker introductions, and lawyer referrals. Our buyer service is free — the builder pays the buying agent's commission.

Who represents buyers at The Block on Clair?

PreconFactory is a licensed Ontario real estate brokerage offering Platinum-access representation on The Block on Clair and other GTA pre-construction projects. We negotiate on price, capped development levies, assignment rights, and upgrades on your behalf.

Limited VIP spots available

Don't miss out on The Block on Clair

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

Best pricing

Floor plans

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