BASE PRICE: $299,990
INVESTMENT (20% DEPOSIT): $59,998
ESTIMATED ANNUAL MORTGAGE: $11,818
ESTIMATED PROPERTY TAX (1%): $3,000
ANNUAL CONDO FEES: $1,432
MINIMUM ANNUAL VENDOR LEASEBACK: $16,800
MINIMUM MONTHLY RENTAL INCOME: $1,400
(100% GUARANTEED! INVESTOR IS BENEFICIARY OF HIGHER LEASE RATE)
RETURN 1ST YEAR
ANNUAL CASH FLOW: $550
PRINCIPLE PAID DOWN: $5,673
NET INCOME: $6,223
ANNUAL RETURN: 10.37%
NET OPERATING INCOME: $12,368
CAP RATE: 4.12%
The Sage Condominium 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.
CLOSE TO EVERYTHING YOU NEED.
• Walk To University Of Waterloo
• Walk To Wilfrid Laurier University
• University Of Waterloo Technology Park, Including Sybase, Opentext, Canadian Innovation, Centre, Blackberry, Agfa Healthcare, Sandvine
• Steps From Grt And Future Lrt Routes
• Innovation District
• Conestoga Mall
• The Shops At Waterloo Town Square
• Many Dining Choices, Pubs And Bars
• Waterloo Park
• Shopping, Groceries And Banks
• And More.
Many Nearby Public Transportation Options.