After the Huge Success of all previous Sage Condos in Waterloo since 2013 , here it comes Sage x
The perfect Investment Student Rental in Waterloo
*Offer Summary: 1-SEPTEMBER 2019 OCCUPANCY 2-TWO YEAR MINIMUM LEASE GUARANTEE (Note: The lease rate shown is a minimum amount investors receive for the first two years. Any lease rate growth above the guaranteed rate is to the sole benefit of investors) 3-TWO YEAR FREE PROPERTY MANAGEMENT (Sage Living Property Management) 4-TURNKEY INVESTMENTS 5-PARKING AVAILABLE 6-FULLY-FURNISHED RESIDENTIAL UNITS 7-FREE ASSIGNMENT 8-CAPPED DEVELOPMENT CHARGES 9-HST & APPLIANCES INCLUDED 10-MORE THAN 10% EXPECTED ANNUAL RETURN 11-CAP RATES AS HIGH AS 5% 12-EXTENDED DEPOSIT STRUCTURE
Property Management Services by Sage Living: 1-Only one month's rent property management/leasing fee (after first free two years
2-Renting buyer's suite 3-Sign lease agreements and parental guarantors 4-Collection post-dated cheques 5-Coordinate tenant move-in 6-Turnover clean 7-Field all tenant phone calls and inquiries 8-Complete maintenance management 9-Bill payments and cheque deposits 10-Provide regular statements
11-Furniture Package:includes
Double bed with mattress Nightstand, desk and chair Sofa with coffee table, media unit, 50” flat-screen TV Dining table and chairs Blinds
Rent Rates : One Bedroom Stats (Sage X's suite mix will be predominantly one bed): Rental rates among 1 beds have gone up 10% year from 2015 to 2017 They are currently renting for $1250-$1300 for the 2018 school year Retention ratio among 1 Beds are 49.57% Average retention ratio on all other inventory is 30.63% It took 31 days to lease all our 1 bed inventory in Waterloo last year (The remaining inventory took 128 days) One bedroom units are in very low supply in the Waterloo University district
Facts :
-IN8 is the only developer building true one bedroom units. Other developers use one plus den, two bed, three bed, or five bedroom -IN8 currently has only 58 one bedroom units in Waterloo -This is in a market with over 50,000 University students. 98% of which need off campus housing starting in 2nd year -This leads us to believe this leads students looking for a private luxury accommodation vastly under supplied and willing to pay premium rates to live alone in a brand new condo
Waterloo Stats: -Approximately 70,000 full-time students -More than 30% of first-year students have an entrance average above 90% -More than 45,000 Students require off-campus housing -Approximately 1.5% Vacancy Rate -Rising number of Tech start-ups and Large Tech companies such as Google opening their Canadian Headquarters in Waterloo. This is increasing condo investments, pricing, and populations -IN8 Developments / SAGE / SAGE Living:
Why The Sage Condominium? This concept has proven to be a successful and profitable investment Since the original Sage Condo project in 2013, IN8 has been the leading developer of student condominiums with 10 Sage Condo projects in their portfolio to date Buyers of our first Waterloo projects realized an accelerated performance in capital appreciation due to the increased pricing in our subsequent projects. Buyers of one bedroom units in Sage II realized a 35.6% appreciation in the value of their condo versus the price in Sage Platinum 3 years later The original Sage Condominium, Sage 1, is currently in its fourth rental cycle achieving full occupancy every year, proving the Sage portfolio to be extremely successful and profitable. IN8 continues to offer a complete and comprehensive hands-off investing program to make this smart condominium investment easy for new and seasoned investors alike IN8 Developments is the innovator behind the Sage Condominium projects originally developed and constructed in Waterloo region. Sage Condominium developments offer an unparalleled living experience for the demanding and fast-paced student lifestyle A Sage Condominium comes complete with hotel-style amenities, and is designed to encourage students to stay active and healthy while providing an atmosphere where they can thrive
SAGE X DETAILS AND NUMBERS
INTERESTED ????
Here is your 2 options to Reserve a Suite
Option #1 Meet with Naz in One on One appointment to go through the entire project details , answer any questions you may have , and fill up a reservation form
Option #1
you go through all the info and details & email us back your suite Reservation Form along with your choice of suites along with a copy of your driver's license
Suites selling on first come first serve basis
for any questions contact Naz @ 416-829-5055 |