Modal At Main, a fresh townhouse community by Reid’s Heritage Homes, is currently in the preconstruction phase at 345 Franklin Boulevard in Cambridge. This development boasts a total of 829 units.

We’re excited to announce an upcoming project from Reid’s Heritage Homes featuring townhomes in Cambridge with EXCLUSIVE VIP PRICING available through our team.

Located in the central area of south Cambridge, Modal at Main introduces an intriguing new venture that offers residents outstanding proximity to the city’s most sought-after amenities. Consisting of a collection of bungalow townhomes and stacked townhomes, Modal at Main enjoys an ideal position at the intersection of Main Street and Franklin Boulevard. With its close proximity to Downtown Cambridge, Highway 8, the Cambridge GO Bus, and Cambridge Memorial Hospital, this advantageous location ensures that residents will have easy access to all the essential elements for a rewarding urban lifestyle. The prime location & high-end finishes guarantee investors can attract A+ tenants easily!

WHY PURCHASE MODAL ON MAIN

✓ The Waterloo Region is expected to have almost 923,000 people by 2051, along with more than 470,000 jobs! It is anticipated that by 2031, the region need around 70,800 new homes, However, best case scenario is the region will have 54,000 additional new homes. That would leave a shortage of almost 17,000 homes, which will continue to drive up homes prices and rents!

✓ The Highland Shopping Centre is really close by. Allowing people to easily walk to all the amenities they need, including; groceries, restaurants, banks, LCBO, gas stations, gyms, hardware stores, etc.

✓ You can easily get to Highway 8 and the Cambridge GO Bus from here. Making this location extremely commuter-friendly.

✓ It only takes a few minutes to get to downtown Cambridge, where you can find lots of stores, places to eat, cafes, and any amenities imaginable.

WHY INVEST IN CAMBRIDGE

✓ According to Stats Canada, Cambridge is the fastest-growing economic area in Canada!

✓ The region has a robust and diverse economy with a thriving tech sector, manufacturing, finance, education, and insurance sector. Major companies like Toyota, Manulife, and Sunlife are located in Cambridge, which creates tons of job opportunities.

✓ With so many job opportunities, it is also worth noting that income in the region is one of the highest in Ontario. While the cost of living is low compared to big cities like Toronto.

✓ Located right off the 401, Cambridge is only 45 minutes from Pearson International Airport and 1 hour away from downtown Toronto making it the perfect location for commuters.

✓ High rent-to-home value ratio. While condo prices are only 60% of the cost of the GTA, rental amounts are 80% of the rents in Toronto, giving investors a much greater return.

✓ Consistent low vacancy rate of around 1% with common double-digit annual rent increases.