SageX Waterloo

[ Sage X Condos ]​

Call Shan Feng to Get More Information.
Shan Feng
Sales Representative
Cell: 647-981-3689  

VIP INCENTIVES

✅Starting at 299,900
✅Up to 2 YEAR LEASE GUARANTEE
✅Up to 2 Year FREE Property Management
✅FREE furniture FULLY Furnished
✅Unique Hands Free Investment

VIP INCENTIVES
★Free Property Management
• Renting your suite
• Signing lease agreements and parental guarantors
• Collection of post-dated cheques
• Coordination of tenant move-in
• Field all tenant phone calls and inquiries
• Complete maintenance management
• Bill payments and cheque deposits
• Provide regular statements

★FREE FURNITURE PACKAGE
• Double bed with mattress
• Nightstand, desk and chair
• Sofa with coffee table, media unit,
• Dining table and chairs​

★ 2 Years Rental Guarantee
★ 2 years Free Property Management
★ Free Furniture Package including 50′ TV
★ Extended deposit Structure
★ Capped Development Charge
★ Right to Assign before Closing
★ Allowing Lease during Occupancy

★Minimum Monthly Rental Income Guaranteed★
• 1Bed: $1,400 Minimum Monthly
• 2Bed: $1,700 Minimum Monthly

• Occupancy 2019.

Income Model

ONE BEDROOM
BASE PRICE: $299,990
INVESTMENT (20% DEPOSIT): $59,998

ANNUAL EXPENSES
ESTIMATED ANNUAL MORTGAGE: $11,818
ESTIMATED PROPERTY TAX (1%): $3,000
ANNUAL CONDO FEES: $1,432

INCOME
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%

WITHOUT MORTGAGE
NET OPERATING INCOME: $12,368
CAP RATE: 4.12%

*Offer Summary

  • SEPTEMBER  201​9​ OCCUPANCY
  • 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)
  • TWO YEAR FREE PROPERTY MANAGEMENT (Sage Living Property Management)
  • TURNKEY INVESTMENTS
  • PARKING AVAILABLE​
  • FULLY-FURNISHED RESIDENTIAL UNITS
  • ​FREE ASSIGNMENT
  • CAPPED DEVELOPMENT CHARGES​​
  • HST & APPLIANCES​ INCLUDED​​
  • MORE THAN 10% EXPECTED ANNUAL RETURN
  • CAP RATES AS HIGH AS 5% ​EXTENDED
  • *Speak to ShanFeng for details

Sage X Condos is a new preconstruction condo development by IN8 Developments located in the centre of both the University of Waterloo and Wilfrid Laurier University lies the pinnacle of student living, Sage X. Here, most of life’s errands can be accomplished on foot without the need to travel far distances; financial institutions, grocery shopping, and a quick bite to eat are all within walking distance! Furthermore, Sage X will be located along the future LRT line that connects to downtown Kitchener, a leader in technology and business. The location will be ideal for students as everything can be accomplished on foot or a short transit ride, from dining and shopping to education and entertainment; it will truly be a time-saver to live at Sage X.

The demand for 1 bedroom units are also on the rise as ambitious students are willing to pay a premium to focus more on their studies and less on roommates. These tenants are most sought after for landlords for their goal-oriented mindset, which will in turn result in less wear and tear on the property. To solve the lack in supply for 1 bedroom units, Sage X will almost exclusively feature 1 bedrooms to target the aforementioned demographic.

HIGHLIGHTS

  • 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
    • Communitech
    • 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.

sageXGym-min

SageX Condos Registration

 

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.