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The ICON145 investment opportunity is being fueled by a number of substantial factors including Waterloo being ranked 3rd of the top Ontario cities to invest in. The city's low vacancy rates, increasing rental rates and student population of just under one hundred thousand are major contributors to the demand for student living. With annual rates of return estimated between 14-16% in the first year alone, your return on investment is just another added luxury. Take a closer look at why you should choose ICON145.


ICON145 is a turn-key, hands-off investment opportunity. Using only highest quality features and finishes, Rise Real Estate Developments will build, design, and furnish your investment condo so you don't have to think about a thing. Then take the pressure off as VarsityLife Property Management leases, manages and maintains your suite while you sit back and watch your investment grow. Essentially, ICON145 is bird course in investing.


Amenities that SCORE EXTRA MARKS

  • 24/7 monitored security cameras and access controlled
  • State-of-the-art fitness centre, yoga studio and sauna
  • Entertainment/study lounge with complimentary highspeed WIFI
  • Private study rooms and meeting rooms
  • Games Room
  • Business centre
  • Rooftop patio with stone fire pit and lounge seating
  • Plus other conveniences: bike storage, vending, public washrooms and more


Eat Well

Whether you're eating solo or with a group of friends, even KD tastes better in our designer kitchens.

Hang Out

Hanging out with friends will never get dull in your open concept living room while watching movies on your 42" TV included in your suite.

Rest Up

Suites at ICON are equipped with a custom size bed.

Feel Refreshed

Private bathrooms finished with granite countertops and glass showers will have you looking and feeling your best.

Why Invest In Here?

Each suite is fully furnished with a unique, contemporary design.

  • Fully furnished living room
  • 42" flat screen TV
  • High end, designer kitchen
  • Name brand, stainless steel appliances
  • Granite countertops
  • In Suite Washer and Dryer
  • Ensuite washroom with glass shower
  • Fully furnished bedroom with double bed
  • Desk, chair, end table and storage