PROJECT INTRO

Here. Downtown Kitchener, . A city referred to as the Silicon Valley of the North because tech companies just keep flocking. Something about this place just works. IN8 Developments knows that here, Kitchener, is where the future is happening. A place that has a heart and grit that everywhere doesn’t. Where Canada’s next great city is being built and created by young professionals. So we’re building somewhere for you to live that’s right in the centre of it all. Be here. Here at DTK.

DTK Condo Residences in Downtown Kitchener is here. Design and urban living curate the experience awaiting you here. Within each suite, throughout every common space, and in and around the thriving city core, lies a unique encounter. A fusion of livability and unprecedented technology, a lifestyle of modern convenience is here.

From grand heights, sleek lines and an unmarred lower-level podium, DTK is a visually stunning, high rise tower featuring progressive design. The tallest tower to ever grace the Region, DTK is a mod- ernist sculpture at 33 stories of mathematical precision. A one-of-a-kind work of high-performance architecture, DTK affords residents incredible panoramic cityscape views from almost every suite.

DTK presents a highly livable, affordable residential experience of unparalleled quality, distinctive aesthetic, technical innovation and design excellence. More than 400 one and two bedroom residenc- es reflect minimalist contemporary architectural design exemplifying the modern city savvy socialite.

The building offers attractive amenities unrivaled in the Downtown Core. Situated atop the podium level of retail shops and services, exists a richly layered landscape. Enjoy the perks of a dedicated pet-park for you and your furry friends , or frolic in the fruits of your own sustainable organic garden. Get ready to set a new standard for quality and sophistication in outdoor living here.

DTK is the newest neighbour nestled between Duke and Frederick Streets in the Business District of Downtown Kitchener. This desirable, progressive core is close to office, shopping, and dining. Performing Arts, museums, and every city service are all nearby.

Rockclimbing is here. Adventure is here. Concerts and street festivals and farmers markets are here. Great restaurants, bars and coffee shops, even board game cafés are here. So who says you have to go over there anyway? Work here. Grow here. Explore here. Play here. Love here, Be here. Here at DTK.

FEATURES COPY

Redefine your expectations here. Each residence is delivered fully finished with inspired interiors including XX foot ceilings, exquisite marble and wood flooring, custom cabinetry, and personalized built-in appliances. Buyers have the unique opportunity to customize their suite with choice in exquisite flooring and countertop materials, paint selections, and lighting. Here, everything is exactly as it should be, Here is precisely where you should be, Here is where inspiration is born.

( List Features )

REASONS TO INVEST ... KITCHENER INFO

Waterloo Region is a top-tier entrepreneurial ecosystem and one of the most dynamic economies in North America. Kitchener, part of the greater Waterloo Region is a unique and expanding community built on innovation, education, and collaboration.

Waterloo Region’s diverse and thriving economy is reflected in major industries of advanced manufacturing, information and communications technology, automotive, business and financial services. Located approximately an hour west of Toronto, Waterloo Region is a key partner within the globally recognized Toronto-Waterloo Innovation Corridor.

The , Wilfrid Laurier University and serve as a hub for world-class research and idea generation for industries operating here. These leading edge educational facilities produce some of the highest caliber talent in the world, generating a deep talent pool of professionals who continually regenerate our local economy and labour force.

In 2016 Canadian Real Estate Wealth Magazine conducted two polls asking both which province, and specific market offers the best investment opportunities. An astounding 50% of those surveyed agreed Ontario offers the ultimate investment opportunities. Within the Ontario market an overwhelming, 22% of those polled voiced Kitchener-Waterloo as being the best place to invest. The GTA followed second at 16%.

Kitchener represents a diverse and unique grassroots community with urban amenities and easygoing, relaxed small town feel.

With extensive public transportation, residents in Kitchener enjoy a reasonable16-minute median commute time. Drastically lower than commute times withing larger metropolitan areas such as Toronto. 868 Million was invested into developing KW’s ION Rapid transit system. When ION launches in 2018, users can pay one fare and transfer seamlessly between bus and light rail services. Ion will streamline transit within the Region, operating on a 19-kilometre, 19 station route spanning from Conestoga Mall in Waterloo to Fairway in Kitchener. DTK is located steps from the Frederick Street ION station stop, 10 minute walk from and GO Transit commuter station, and minutes from a future multi-modal transit hub that would complete the Province’s promised high-speed rail link between Toronto and Windsor, by 2025.

Downtown Kitchener is a City that feels authentic on every level. Boasting an eclectic mix of entrepreneurs, a multi-faceted arts and culture community, and a tightly-knit supportive structure. Everything a thriving community needs is here. Downtown Kitchener has over 90 retail businesses, and 100 food and drink providers. From the internationally-recognized KW Symphony to the Performance Centre, from polka-ing at the world’s second largest Bavarian Festival, Oktoberfest, to crooning at Kitchener’s lively Blues Festival, from taking it all in a the Contemporary Art Forum to taking to the hills at Chicopee Ski Resortl, arts entertainment, recreation and most importantly opportunity are all here.

TECHNOLOGY AND JOB CREATION

Change is happening here. Following a targeted, long term city strategy to attract public and private reinvestment, Kitchener projects employment in the downtown core, including the Innovation District, to rise to 18,500 by 2020, up from 11,600 in 2009. According to CBRE’s 2017 Scoring Canadian Tech Talent Report, Waterloo Region added 8,400 tech jobs from 2011 to 2016, a 65.6% growth rate, Outpacing growth of Silicon Valley. making it the second fastest rate of tech labour pool growth in North America after Charlotte, North Carolina at 77.1%.

Waterloo Region is a hub of tech triumphs. Google is here. Blackberry is here. Microsoft is here. Shopify is here. Communitech is here. Founded in 1997, Communitech is a private innovation hub com- mitted to making Waterloo Region a global innovation leader. Today, they are the reason behind the success of a community of over 1400 companies from small startups to global initiatives. The 80,000 sq ft Communitech facility is a place for congregation, collaboration and realization. Ideas happens here.

WE WILL CONTINUE TO ENGINEER AN OPPORTUNITY-LOADED ECOSYSTEM THAT STRETCHES FROM WATERLOO TO TORONTO AND AROUND THE GLOBE. WE WILL BE KNOWN AS CANADA’S ANSWER TO SILICON VALLEY. THE POLITE ONE. THE ONE RECOGNIZED AS THE DESTINATION OF CHOICE FOR THE WORLD’S SMARTEST PEOPLE. FOR THE NEXT 20 YEARS, WE MAY NOT BE ABLE TO PREDICT WHAT THE TECHNOLOGY TRENDS WILL BE, BUT WE WILL DO EVERYTHING IN OUR POWER TO MAKE SURE THEY ARE DEVELOPED IN WATERLOO REGION.

STEVEN WOODS, CHAIR OF THE BOARD, COMMUNITECH CORPORATION IAIN KLUGMAN, PRESIDENT AND CEO, COMMUNITECH CORPORATION

Development, growth and employment is on the rise. 766 Million dollars were recently invested into the new Regional Courthouse facilities. In combination with the vested interest in light rails, it is clear that DTK is ideally located in the heart of all that is happening in Downtown Kitchener. The City’s recently approved Perimeter Development Corp.’s new 120,000-square foot, six-storey, glass-fronted office on King Street West will house Gowling WLG as lead tennant. Additionally, Deloitte Canada is relocating its regional office into a refurbished 28,000 square foot brick-and-beam former dustrialin warehouse, turned into a collaborative work space for tech-savvy employees. Rezoning approvals, and major tenant acquisitions reinforce Kitchener’s ambitions to transform its former industrial core into a thriving tech-friendly downtown.

DTK is ideally located here, in the Toronto-Waterloo Corridor. This corridor spans from Toronto, Canada’s largest city and financial centre to the Waterloo Region, which has the second highestdensity of startups in the world.

IN 2017 WATERLOO REGION TECH COMPANIES ATTRACTED $291.1M IN VENTURE CAPITAL. A 14% INCREASE FROM FY16. TALENT ATTRACTION AND RETENTION IS AN ONGOING STRATEGIC PRIORITY IN THE REGION. Communitech Annual Report 2017

The 2017 Global Startup Ecosystem Report suggests that the Toronto and Waterloo Regions are increasingly behaving as one ecosystem. To date, an estimated 2,700 startups thrive here thanks to world-class talent, entrepreneurial culture, an affordable rental market, and a global base of customers that all look for inspiration and opportunity here. POPULATION GROWTH

Waterloo Region has the 10th largest population in Canada and the 4th largest in Ontario, making it one of the largest and fastest growing regions in the Province. Waterloo Region’s growth rate was 5.5%, between 2011-2016, a figure which exceeded both provincial and national growth rates of 4.6% and 5% respectively. In 2016, the Census population of Waterloo Region was 535,154. Between 2011 and 2016, the population of Waterloo Region grew by 28,058 individuals, approximately 5,600 people per year. Ontario’s Growth Plan projects that Waterloo Region’s population will grow by Population and Dwelling Census Counts Kitchener-Cambridge Waterloo Waterloo Region Ontario 2011 496,383 507,096 12,851,821 2016 523,894 535,154 13,448,494 % Change 5.5% 5.5% 4.6% Total Dwell- 210,896 214,299 5,598,391 ings Source: Statistics Canada, 2016 Census of Population Programs REGION WIDE INCLUDES WOOLWICH, WELLESLEY AND WILMOT TOWNSHIPS

185,000 people over the next 15 years.

REAL ESTATE MARKET GROWTH

Never before has Kitchener’s real estate market been more robust. According to The Region of Waterloo 2016 Building Activity and Growth Monitoring, Report, ( PDL-CPL-17-10 ) The total value of building permits issued for new construction in Waterloo Region was 1.4 billion dollars in 2016, a substantial increase of 36% over 2015 values and more than 30% higher than the 10 year average.

People are moving here. New data collected by the Kitchener-Waterloo Association of Realtors in 2017 illustrates that the average sale price for a home in Kitchener Waterloo increased by 20.7 per cent year-over-year. This meant an increase from $387,291 to $467,513.

2017 was the first time average sale prices jumped above $400,000, just six years after exceeding the $300,000 threshold. An increase to $500,000 within one year is foreseeable, as RE/MAX has forecast an average sale price of $499,233 for Waterloo Region in 2018.

ALL HOUSING TYPES REALIZED AN INCREASE OF AT LEAST 20 PER CENT OVER 2016. KITCHENER WATERLOO ASSOCIATION OF REALTORS

Yearly Total Sale Price and Total Units Sold over the last 10 years: KITCHENER-WATERLOO ONLY REGION-WIDE Detached homes sold for an average price of $549,046, an increase of 21.5 per cent compared to 2016. NUMBER AVERAGE MEDIAN NUMBER AVERAGE MEDIAN During this same period, the average sale price for an apartment style condominium was $271,940 for OF SALES PRICE PRICE OF SALES PRICE PRICE an increase of 18.3 per cent. Townhomes and semis sold for an average of $353,692 (up 23.6 per cent) 2008 4,930 $262,051 $240,000 5,477 $267,267 $244,000 and $378,275 (up 25.9 per cent) respectively. 2009 4,908 $262,595 $244,900 5,505 $268,110 $247,000 2010 4,848 $284,071 $259,900 5,455 $290,665 $263,000 2011 4,615 $294,319 $270,000 5,194 $302,281 $275,000 2012 4,583 $303,665 $281,000 5,181 $311,766 $286,000 “WITH THE CONTINUED INFLUENCE OF GTA BUYERS MIGRATING TO WATERLOO REGION LAST YEAR, 2017 WAS A GREAT YEAR IF YOU WERE SELLING YOUR HOME. THE QUALITY OF LIFE 2013 4,613 $315,432 $290,000 5,205 $323,841 $295,000 ENJOYED LIVING IN WATERLOO REGION HAS ALWAYS BEEN AT THE TOP COMPARED TO MANY 2014 4,729 $327,984 $300,000 5,326 $335,496 $305,000 OTHER COMMUNITIES, EVEN THOUGH OUR HISTORICAL HOME PRICES HAVE BEEN RELATIVE- 2015 5,018 $340,614 $315,000 5,634 $349,519 $319,000 LY AFFORDABLE. I THINK THIS SECRET IS OUT NOW, AND THE ACTIVITY OF BUYERS FROM 2016 5,939 $378,575 $350,000 6,613 $387,291 $355,000 THE GTA LAST YEAR CERTAINLY DEMONSTRATES THIS,” 2017 5,860 $457,415 $423,000 6,549 $467,513 $429,900 Source: Kitchener-Waterloo Association of REALTORS® TONY SCHMIDT, PRESIDENT OF KITCHENER WATERLOO ASSOCIATION OF REALTORS REGION WIDE INCLUDES WOOLWICH, WELLESLEY AND WILMOT TOWNSHIPS

RENTAL MARKET DEMAND

The need for both urban and affordable condominium and rental accommodations is evident. Demand for rental accommodations across the Region increased by a record setting 7% while vacancy rates dropped to a very low 1.9%. A number of factors contributed to this spike in demand including strong immigration, a 40% increase in study permit holders and an increasing senior population. Downsizers are attracted to the new luxury rental supply as these units are an alternative to condominium apartment ownership without the associated fees. High employment rates and increased wages Rental Condominium Apartments and Private Apartments have also encouraged more youth to move out of their parent’s homes to form an independent household. Total Vacancy Rate by Building Size Census data indicates 86% of these identifying as renters. Size Rental Condominium Apartments Apartments in the RMS

October 2016 October 2017 October 2016 October 2017 “GROWTH IN DEMAND MATCHED UNPRECEDENTED GROWTH IN SUPPLY. AN IMPROVING JOB MARKET FOR YOUNGER PEOPLE, ERODING AFFORDABILITY AND STRONG IMMIGRATION 3-19 Units 2.5 2.0 RAISED RENTAL DEMAND.”

20-49 Units 0.4 0.6 1.6 1.0 ERICA MCLERIE, SENIOR MARKET ANALYST, CMHC. 50-99 Units 2.5 1.3 1.8 1.2

100+ Units 0.6 0.4 2.5 2.6 Between July 2016 and June 2017 1,293 condominium apartments were completed with 30.3% of those being rentals. The rental condominium apartment vacancy rate was a mere 0.7% in September 2017, in- Total 1.4 0.7 2.2 1.9 dicating a lack of supply and a high demand for luxury rental options in new building with more amenities. These statistics also verify that the rental demographic is willing and wanting to pay a premium for a more Apartments surveyed in the Rental Market Survey (RMS) include only those units in luxurious condominium rental rather than opting for traditional purpose-built rental accommodations. purpose built rental buildings with at least three rental units. Source: CMHC Rental Market Report 2017 Source: RENTAL MARKET REPORT KITCHENER-WATERLOO-CAMBRIDGE CMA CMHC

Number of Rental Households in Kitchener CMA by Income

Income Range 2011 2016 Increase

Since 2011 the increase in number of rental households by income has been staggering. $20,000-$39,999 16,455 17,590 6.9% Propensity to rent can be attributed to aging populations and market changes. Resale data shows that sales are down in the lower price ranges, indicating of fewer first-time $40,000-$59,999 11,870 14,300 20.5% buyers entering the market. The gap between owning and renting widened significantly due to the strong resale price growth. There appears to be an increasing preference to $60,000-$79,999 6,530 9,255 41.7% rental accommodations, even in the highest income earners. $80,000-$99,999 3,215 5,535 72.2%

$100,000 + 3,665 6,055 65.2%

Source: Statistics Canada 2016 Census Google Adwords Keyword Planner Average Monthly Search Kitchener Area Keyword Search February 2014 January 2018 Increase Downtown Kitchener is trending. Google it!. People are looking to Kitchener more than ever for rental and real estate opportunities, investments and places to live. Traffic in online searches has increased at “condo” 50 130 160% unprecedented rates. People are looking here. People want to be here. We tallied search results from “condo rental” 30 100 233% Google Adwords Keyword Planner and the results were clear. The demand is here.

“apartment rental” 320 1000 212% 4/5/2018

HOUSING MARKET STATS February home sales release

CREA > Housing Market Stats > Kitchener-Waterloo Association of REALTORS® Kitchener-Waterloo Association of ® REALTORS

February home sales release

In February, the 377 residential properties sold through the Multiple Listing System (MLS® System) of the Kitchener- Waterloo Association of REALTORS® (KWAR), were an increase of 40 per cent compared to last month and a decrease of 20.5 per cent compared to home sales a year ago.

“When we consider market activity we have to acknowledge that sales from the previous year or two were an anomaly”, says Tony Schmidt, KWAR President. “If you compare last February against the ten-year average of sales, it was a pretty typical February.&rdquo

Residential sales in February included 212 detached (down 29.3 per cent), and 118 condominium units (up 11.3 per cent) which includes any property regardless of style (i.e. semis, townhomes, apartment, detached etc.). Sales also included

http://creastats.crea.ca/kitc/ 1/4 4/5/2018 Kitchener-Waterloo Association of REALTORS® – Housing Market Stats

25 semi-detached homes (down 21.9 per cent) and 17 freehold townhouses (down 45.2 per cent).

The average sale price of all residential properties sold in February increased 3.1 per cent to $478,801 compared to February 2017. Detached homes sold for an average price of $577,609 an increase of 5 per cent compared to February of last year. During this same period, the average sale price for an apartment style condominium was $265,144 for an increase of 6.8 per cent. Townhomes and semis sold for an average of $386,515 (up 14.1 per cent) and $391,628 (up 6 per cent) respectively.

The median price of all residential properties sold last month was practically on par with February of last year at $436,143, and the median price of a detached home during the same period increased 4.8 per cent to $524,000.

“The market has certainly cooled from this time last year, which is to be expected with the government’s efforts to make home ownership more difficult for home buyers,” says Schmidt.

REALTORS® listed 551 residential properties in K-W and area last month, an increase of 0.5 per cent compared to February of 2017. The number of active residential listings on the KWAR’s MLS® System to the end of February totaled 667, which is 61.5 per cent more than February of last year, but still significantly below the previous ten-year average of 1445 listings for February. Months of inventory continues to track at a low 2 months.

The average days it took to sell a home in February was 22 days, compared to 18 days in February 2017.

Schmidt says, “We still have some homes that are selling in short order and with multiple offers, but others are taking longer and multiple offers are no longer the rule. Sellers need to adjust their expectation in this evolving market and in order to sell quickly they must be priced and marketed appropriately.” Schmidt advises buyers to do their homework and come to the table knowing exactly what they can afford. “While listing inventory is increasing, this is a slow process and we expect home inventory to remain low for at least the remainder of the year.”

BOARD & ASSOCIATION INFORMATION The KWAR cautions that average sale price information can be useful in establishing long term trends, but should not be used as an indicator that specific properties have increased or decreased in value. The average sale price is calculated based on the total dollar volume of all properties sold. Those requiring specific information on property values should contact a local

http://creastats.crea.ca/kitc/ 4/5/2018 Kitchener-Waterloo Association of REALTORS® – Housing Market Stats

REALTOR® . With a REALTOR® at your side, you can have all the facts you need to make an informed decision.

The Kitchener-Waterloo Association of REALTORS® (KWAR) is a member focused not-for-profit Association representing over 1,200 local REALTOR® members. The Association was formed in 1937 and continues to provide a robust Multiple Listing Service® (MLS ® ) System, continuing education, and related services to its members. The term REALTOR® is a trademark identifying members in good standing of CREA who provide real estate brokerage services in compliance with CREA's By-Laws and Rules, the REALTOR® Code, and in compliance with all applicable federal and provincial laws and regulations. The MLS® trademark is also owned by CREA and is used by the KWAR under license. The MLS® Marks identify professional services rendered by members in good standing of CREA to effect the purchase and sale of real estate as part of a co-operative selling system (the "MLS® services"), in compliance with CREA's By-Laws and Rules, the REALTOR® Code, and in compliance with all applicable federal and provincial laws and regulations. The MLS® System of the KWAR is operated in association with the MLS® Marks. An MLS® System includes an inventory of listings of participating REALTORS® , and ensures a certain level of accuracy of information, professionalism and co-operation amongst REALTORS® to affect the purchase and sale of real estate.All of KWAR's listings may be found on the public website: www.REALTOR.ca.

® KITCHENER-WATERLOO ASSOCIATION OF REALTORS Visit external site

For more information, please contact: (519) 576-1400 [email protected]

President Tony Schmidt

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The information contained in this report has been prepared by The Canadian Real Estate Association, in co-operation with the Kitchener-Waterloo Association of REALTORS® . The information has been drawn from sources deemed to be reliable, but the accuracy and completeness of the information is not guaranteed. In providing this information, neither The Canadian Real Estate Association nor the Kitchener-Waterloo Association of REALTORS® assumes any responsibility or liability. Copyright © 2018 The Canadian Real Estate Association. All rights reserved. Reproduction in whole or in part is prohibited without written permission.

CANADIAN REAL ESTATE ASSOCIATION Phone: 613.237-7111 Email: [email protected]

The trademarks MLS® , Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA. The trademarks REALTOR® , REALTORS® and the REALTOR® logo are controlled by CREA and identify real estate professionals who are members of CREA. Legal | Privacy

http://creastats.crea.ca/kitc/ 4/4 TRANSFORMING THE WAY OUR REGION MOVES

Judy Pfeifer, Chief Communications and Public Affairs Officer Gord Troughton, Director, Corridor Infrastructure Chris Burke, Director, Service Planning

GRIDLOCK COSTS OUR ECONONY

Residents could spend 109 minutes per day in traffic KITCHENER - WATERLOO

Residents could spend 109 minutes per day in traffic UNDER INVESTMENT FOR DECADES

PLAN BUILD OPERATE BUILD

Over $30B in Committed Projects OVER $30B IN INVESTMENT IN THE GTHA’S RAPID TRANSIT NETWORK

EXPANDING GO TRAIN 74 KM OF NEW 68 KM OF NEW CONNECTING IT ALL SERVICE LIGHT RAIL TRANSIT TOGETHER

. More service on all lines Under construction: Partially in-service, . Expanding and revitalizing Union Station, the heart of . Eglinton Crosstown with remainder under the regional network . Electric trains, every 15 construction: minutes or better in In procurement: . Viva in York Region . PRESTO now in use across both directions, for most . Finch West the region GO customers . Hurontario . Mississauga Transitway . Hamilton B-Line . 23 more stations and In design / planning: line extensions to serve In design / planning: . Hamilton A-Line new markets . Sheppard East GO RAIL SERVICE

Kitchener GO Train service has doubled

2011 TODAY GO BUS SERVICE

2016: Three new bus routes including express service from Kitchener with timed connections to and from trains at Bramalea GO station to provide all-day two-way service Monday to Friday. KITCHENER CORRIDOR INVESTMENTS

• Launch of Kitchener GO bus service • $160M investment to Launch of purchase 26km of track Kitchener GO train between Toronto and service Bramalea

2009 2010 2011 2014

$76M investment $1.2B to purchase investment in 52km of track Kitchener between Corridor Georgetown and Kitchener KITCHENER CORRIDOR INVESTMENTS

• Train service doubled • New all-day bus/train service RFP issued to design, • $16M Shirley Avenue train/bus facility build and finance • MTO bus by-pass shoulders on Hwy 401 HWY 401 rail tunnel

rd • 3 track in Georgetown built to improve 4th track construction service efficiency Union to Bramalea

2015 2016 2017

Kitchener • Agreement in $752M Federal Corridor principle for new investment in rail corridor improvements corridor upgrades complete • $43M MTO investment in the Kitchener Transit Hub WHAT IT TAKES TO BUILD HEAVY RAIL SERVICE KITCHENER CORRIDOR IMPROVEMENTS – 2010 to 2015

Today’s service levels are the result • Expanded corridor from a single track of a $1.2B investment in a 12km to 3 tracks with room to add a 4th

stretch of the corridor in heavily • 16 bridges widened or replaced populated Toronto neighbourhoods

• 7 underpasses/overpasses to remove at-grade crossings

• 1 rail-to-rail separation at the busiest intersection in Canada to remove a major bottleneck in the corridor

• 60 kilometres of new track

• Among other infrastructure feats, we poured enough concrete to build 5 CN Towers

• 1000s of overnight and weekend work hours to maintain peak service throughout construction

• Extensive community engagement NEW INFRASTRUCTURE REQUIRED FOR ENHANCED KITCHENER SERVICE

. New 30km corridor . Electrification and . New tunnel under . Renovations at between Bramalea new electric Highway 401 to existing GO and Milton train fleet accommodate more stations track/service on the . 4th track between Kitchener line Union Station & Mount Pleasant . Other grade separations . 2nd 52 km track (bridges/tunnels) between Georgetown & Kitchener . Upgraded signalling and communication system NEW CORRIDOR REQUIREMENTS FOR THE NEW CORRIDOR

• Preliminary planning and design work is underway at the same time negotiations with CN move forward. • Remaining work can not begin until an agreement is secured. Phases Durations (*some can be done in parallel) • Technical and feasibility studies 2-3 years (approx.) • Planning studies • Design studies • Project Planning • Community engagement 3 years (approx.) • Community impact and mitigation • Environmental assessment • Permit and approvals

• Procurement 4 years (approx.) • Construction • Commissioning • Community impact and engagement Ongoing BUILDING A NEW CORRIDOR

Building a new corridor is complex and as outlined in initial feasibility work will require:

• Up to 35 new bridges for road and water crossings including significant crossings of 401, 410 • Modification and/or relocation of up to 17 hydro towers and as much as 3.4 km of major gas line relocations • Construction of 60 km of new track (2 tracks x the 30km length) plus new train signal system • Construction of a new rail/rail grade separation where Kitchener line will cross the bypass corridor • Noise and vibration mitigation as required for adjacent properties • Property impacts

ELECTRIFICATION

• Metrolinx can only proceed with electrification on owned corridors.

• An environmental assessment is underway now to plan and design the required infrastructure for electric service on the Kitchener line between Bramalea and Highway 427. o This EA is on track to be complete by the end of this year.

• The Kitchener line west of Bramalea can be electrified only once the new train corridor is built. • This will require an additional EA. OUR COMMITMENT TO YOU

• We will continue to build more infrastructure as outlined in our Regional Express Rail plan

• We will continue negotiations with CN to reach a formal agreement to build a new corridor, which will enable us to deliver two-way all-day electric train service to Kitchener.

As our region grows our transit system needs to grow too.

Learn more: . Our website, metrolinx.com . Our blog called The Link, at blog.metrolinx.com . Social media: Facebook-Twitter-Instagram 4/5/2018

Province to fast-track high-speed rail assessment

Province to fast-track high-speed rail assessment

CTV Kitchener Published Tuesday, March 6, 2018 8:37AM EST

Part of the proposed high-speed rail line along the Highway 401 corridor will undergo a sped-up environmental assessment process.

Environmental assessments are mandatory for public infrastructure projects in Ontario. They often take years.

When it comes to the province’s high-speed rail line, though, part of the assessment could be done in as little as six months.

RELATED STORIES Transportation Minister Kathryn McGarry says the high-speed rail line will use existing rail tracks between Toronto and Waterloo Region, allowing for an expedited planning process. Real estate in the 401 corridor: Comparing the 'average' homes That won’t be the case past Waterloo Region, as at least part of the London portion of the route will require 12 things to know about Ontario’s new tracks being laid over what is currently farmland. high-speed rail proposal McGarry says the difference in EA processes won’t stop the line from being ready to run by 2025 with stops 'We've got to do it': High-speed rail at Union Station in Toronto, Pearson International Airport, Guelph Central Station, the new transit hub in line to be a reality, premier says Kitchener and in London. An extension to Chatham-Kent and Windsor is planned to be ready by 2031.

The province has estimated travel times of 48 minutes between Kitchener and Union Station, and 32 minutes between Kitchener and Pearson International Airport.

The cost of the high-speed rail line has been estimated at $21 billion, with construction starting in 2022. The province is expected to seek funding help from the federal government and the private sector.

It was announced last month that David Collenette, the former federal transport minister who had been advising the province on high-speed rail, had been named the chair of a new planning advisory board for the project.

https://kitchener.ctvnews.ca/province-to-fast-track-high-speed-rail-assessment-1.3830639 4/5/2018 Top cities to buy Canadian real estate in 2017 - MoneySense

The top 35 cities to buy real estate

Search to filter by neighbourhood or area

Average Average Average 5-year home income 5-year Rank City annual price to home rent ROI (2016) price increase

1 Guelph (Ont.) $441,880 4.4 6.8% 20.0%

2 Durham/Oshawa $528,475 4.9 10.9% 21.5% (Ont.)

3 Brantford (Ont.) $335,584 4.0 7.0% 18.5%

4 Kitchener - $387,235 4.0 5.2% 20.9% Cambridge - Waterloo (Ont.)

Average rent to average home price ratio: 0.69 Home sales to new listings: 83.2 1-year price change: 11.2% 10-year annual ROI: 5.0% Discretionary income levels: $48,099 Average GDP growth 2010 to 2014: 2.2% Projected GDP for 2015/2016: 2.3% Current Unemployment rate (2016): 5.6% Previous year's unemploment rate (2015): 5.8%

5 Thunder Bay $219,249 2.6 5.9% 24.9% (Ont.)

6 Hamilton (Ont.) $490,486 5.2 8.0% 20.9%

Average rent to average home price ratio: 0.53 Home sales to new listings: 83.6 1-year price change: 10.8% 10-year annual ROI: 6.8% Discretionary income levels: $48,934 Average GDP growth 2010 to 2014: 2.2% Projected GDP for 2015/2016: 2.3% Current Unemployment rate (2016): 6.1% Previous year's unemploment rate (2015): 5.5%

7 St. Catharines - $342,342 4.3 7.0% 17.2% Niagara (Ont.)

http://www.moneysense.ca/spend/real-estate/top-cities-canadian-real-estate-2017/ 1/3 4/5/2018 Top cities to buy Canadian real estate in 2017 - MoneySense

Average Average Average 5-year home income 5-year Rank City annual price to home rent ROI (2016) price increase

8 Vancouver $1,017,228 10.4 5.5% 22.9% (B.C.)

9 Peterborough $325,795 3.9 5.1% 10.8% (Ont.)

10 Windsor (Ont.) $221,432 2.8 5.9% 12.7%

11 Regina (Sask.) $313,903 3.0 2.5% 26.2%

12 Winnipeg (Man.) $284,610 3.2 3.3% 29.2%

13 Toronto (Ont.) $753,528 7.0 9.3% 18.3%

Average rent to average home price ratio: 0.43 Home sales to new listings: 72.6 1-year price change: 21.1% 10-year annual ROI: 7.5% Discretionary income levels: $52,653 Average GDP growth 2010 to 2014: 2.2% Projected GDP for 2015/2016: 2.3% Current Unemployment rate (2016): 7.0% Previous year's unemploment rate (2015): 7.1%

14 Victoria (B.C.) $585,745 6.3 3.3% 14.5%

15 Barrie (Ont.) $438,828 4.5 8.8% 20.2%

16 Kingston (Ont.) $306,849 3.3 3.2% 22.2%

17 London (Ont.) $279,634 3.2 3.7% 15.2%

18 Abbotsford - $676,946 7.7 6.1% 14.2% Mission (B.C.)

19 Kelowna (B.C.) $461,791 5.0 4.0% 18.1%

20 Charlottetown $178,489 2.3 3.4% 21.1% (P.E.I.)

21 Greater Sudbury $252,484 2.7 1.9% 16.1% (Ont.)

22 Ottawa (Ont.) $373,719 3.5 1.7% 13.0%

23 Québec (Que.) $264,427 3.3 1.5% 15.9%

24 Edmonton (Alta.) $369,365 3.1 2.6% 20.3% http://www.moneysense.ca/spend/real-estate/top-cities-canadian-real-estate-2017/ 2/3 4/5/2018 Top cities to buy Canadian real estate in 2017 - MoneySense

Average Average Average 5-year home income 5-year Rank City annual price to home rent ROI (2016) price increase

25 Halifax (N.S.) $286,878 3.4 2.1% 18.2%

26 Saskatoon $338,738 3.2 2.4% 19.2% (Sask.)

27 Calgary (Alta.) $463,047 3.4 2.8% 20.9%

28 Moncton (N.B.) $167,328 2.1 1.1% 16.0%

29 Trois-Rivières $158,571 2.4 0.3% 9.3% (Que.)

30 Gatineau (Que.) $245,149 2.3 1.1% 6.9%

31 St. John's (Nfld.) $256,989 2.7 0.3% 26.9%

32 Sherbrooke $235,996 3.4 1.9% 11.3% (Que.)

33 Montréal (Que.) $349,549 4.4 2.5% 11.9%

34 Saint John $168,221 2.1 -0.3% 11.7% (N.B.)

35 Saguenay $180,904 2.5 0.4% 9.1% (Que.)

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