SAGE X CONDOS
- Close To Agfa Healthcare
- Walk To University Of Waterloo
- Walk To Wilfrid Laurier University
- Close to University Of Waterloo Technology Park
- Close To Waterloo Town Square
- Many Nearby Public Transportation Options
SAGE X CONDOS
Sage X is the newestfully-managed student housing condo which brings amazing investment opportunities in Waterloo! This is your chance to invest before Sage X launches to the public.
Sage X is located at 257 Hemlock Street which is just steps away from Wilfrid Laurier University, the University of Waterloo and the Future ION line. Comprised of exclusively one bedroom suites, Sage X is designed to capitalize on the Waterloo housing market, by offering high demanded premium accommodations. Starting from the $290,000s.
Why we believe Waterloo is Silicon Valley North and why Sage X will make a great investment:
- Location – 4 minutes from Wilfrid Laurier and 9 minutes from the University of Waterloo with over 50,000 students, 98% of which will live off campus
- Only 1 bedrooms and Studios – They make up less than 1% of all Waterloo inventory, rent 4x more than larger units and have the highest rental growth!
- Silicon Valley North – Over 500 new start-ups a year and major offices from Google, Spotify and other leading companies
- $1 Billion in Infrastructure Investment – New major transit in the area
- Sage Living – 2 Years of Guaranteed Rent and Free Property Management for 2 years, starting at $1010/month for studios and $1350/month for 1 beds which makes it a stress-free investment
- Fully Furnished – luxury furniture package including everything you need!
- Great Incentives – Free assignments and low caps on closing costs & More!
- SEPTEMBER 2019 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 DEPOSIT STRUCTURE
*speak to a sales representative for details
One bedroom units are in very low supply in the Waterloo University district
- 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 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
- This is in a market with over 50,000 University students. 98% of which need off campus housing starting in 2nd year
A Closer look at 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
Keeping all of these factors in mind SAGE X offers the perfect opportunity for investors.
For Further Information, Contact:
Hardeep Grewal Sales representative
Real Estate Hut Reality Inc.
7895 Tranmere Dr. Mississauga.
- Get the latest floor plans and unit pricing.
- Send me plans and pricing