A First for Canada! Node Co-Living Concept

TORONTO, ON / ACCESSWIRE / June 24, 2019 / Say goodbye to painful roommate-hunting, difficult landlords, disinterested neighbours, lugging old furniture and endless utility bills! Global co-living leader, Node, will build its next residential project in Kitchener, Ontario. An international leader in co-living, Node represents the next generation housing solution for the world's travelling workforce, and has proven its revolutionary "curated living" lifestyle concept with award-winning projects in Europe and North America.

Node will break ground with its first Canadian residence in downtown Kitchener in fall 2019, and deliver its elevated, plug-and-play living concept to residents in early 2021. Founded in 2016, Node currently operates cutting-edge co-living spaces in the US, Ireland and the UK, with further expansion planned globally. Node is recognized for building communities that reflect each location's dynamic neighbourhood, creating beautifully designed apartments with communal spaces, and helping to foster authentic community life, all to meet a new wave of market demand.

"Node's new way of living has proven successful in some of the world's most progressive cities, and we're thrilled to make Kitchener-Waterloo, with its burgeoning tech and start-up culture, our first Canadian home," says Node founder and CEO Anil Khera, who grew up in Toronto and splits his time between his home in Canada and the UK. "I am a proud Canadian, excited about bringing our global concept back home. We have big things planned for Canada, and hope to pre present in every major Canadian city one day," he says.

Node Kitchener.

Node Kitchener will offer housing for approximately 50 residents across 38 private apartments, with a communal residents' lounge, co-working spaces and an outdoor patio with views of the city. Starting prices will be at $1,000/month per person (sharing a two bed unit) and upwards of $1,600/month (for a one bed unit), well-appointed and trendy furnishings and interior design, utilities and hi-speed wifi. Leases will be 12 months with flexibility given to tenants who have to relocate.

Anil Khera adds, "Kitchener is the perfect destination for Node's first Canadian community; Kitchener-Waterloo attracts and retains a vibrant pool of top talent in engineering, tech, R&D and entrepreneurship who chase new ways of living that are flexible, on-demand, highly aesthetic and globally connected - values that we implement into every part of our residents' experiences."

Cost. Convenience. Community.

What is co-living? Co-living is a new way of renting that hopes to ease the housing crisis for urban professionals, creatives and entrepreneurs working in increasingly unaffordable and isolated cities. At its core, co-living embraces three goals - or the 3 "C's" of cost (affordability), convenience and community. Costs are reduced by creating smaller but more efficiently designed units and making use of shared communal spaces. Convenience is achieved by providing a one stop lifestyle solution for renters - roommate matching, furniture and utilities all handled in one go. Community is fostered via a living culture where residents meet and connect physically and digitally, which can help tackle issues of loneliness and make city living more vibrant and experiential.