Seagram Lofts in Waterloo Ontario

Seagram Lofts in Waterloo Ontario

Seagram Loft in Uptown WaterlooBy Warren McNeil,

I get many requests from people wanting to know more information about the Seagram Lofts. This building is located in uptown Waterloo at 3 & 5 Father David Bauer Drive. The buildings were built in 2001 and there are 40 units in the seven story building and 63 units in the 10 storey building. The style of these units is a more modern loft style apartment with 20 foot ceilings,  floor-to-ceiling windows, hardwood floors, juliette balconies and much more. To the best of my knowledge, all the units except the penthouses are multilevel with the master bedroom and ensuite bath in the upper loft. The buildings are close to dining, shopping, and the “University of Waterloo’s  Balsillie school of Internation Affairs“.

Seagram Lofts Recent sales for the past 12 months:

7 Sold Listings

High: 390,000 (3 bedrooms)
Low:  290,000 (1 bedroom)
Average: 338,500 (2 bedrooms)

Average days on market for list date to sale date is 48 days and the average sale price to list price ratio is 96%.

 “Seagram Lofts, the redevelopment of two, former whisky-barrel warehouses in downtown Waterloo”

Seagram LoftsSeagram Lofts is adaptive reuse of a brownfield site, which created residential property in the heart of Waterloo’s downtown core from two, heritage, whisky-barrel warehouses. As part of downtown Waterloo’s revitalization, the project was the subject of much public interest.The project created 103 loft-style condominium units with high ceilings and large windows. Complementing these features are original brick walls and barrel-wood, evoking the old warehouse feel.”

If you would like more detailed information about this development, please check out this “Residential Instensification Case Study of the Seagram Lofts” Case Study by CMHC

 If you would like to know more about the Seagram lofts or any other condominium or loft in Kitchener-Waterloo area, please send us an email or give us a call…

Thanks for reading!

Warren & Melanie McNeil | Sales Representatives, Team McNeil
RE/MAX Twin City Realty, Brokerage ( 519.579.4110 | 519-498-8118