Sage X Condos Next to University of Waterloo and Wilfred Laurier University
Introducing Sage X located at 257 Hemlock Street which is just steps from Wilfrid Laurier University, the University of Waterloo and the Future ION line. Sage X is something different. Comprised of exclusively one bedroom suites, Sage X is designed to capitalize on the Waterloo housing market, by offering in demand premium accommodations. Fully Furnished Suites complete with a 2 Year Rental Guarantee & Free Property Management.
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.
Developer: IN8 Developments
Address: 257 Hemlock St, Waterloo
Occupancy: Anticipated For September 2019
Storeys/Suites: 141 Suites
Suite Sizes: 490 Square Feet+
Maintenance Fees: $0.26cents per sqft | Includes: Water, Gas, Internet, Common Area Upkeep, Building Insurance, Reserve Fund, Landscaping & Garbage Removal
Deposit Structure: $5,000 on Signing | $10,000 in 30 days | $15,000 May 1st, 2018 | $15,000 November 1st, 2018 | $15,000 May 1st, 2019
Suite Finishes: Laminate Flooring, Stone Kitchen Counters, Stainless Steel Kitchen Appliances, Stacked Washer & Dryer
Incentives: 2 Year Rental Guarantee, Free Property Management, Fully Furnished with all Appliances and Furniture, Right To Assign, Capped Levies
Building Amenities: TBA
Area Amenities: Walking Distance to Wilfrid Laurier University & The University of Waterloo
WHY INVEST IN SAGE X CONDOS?
- The Number #1 Off Campus Student Housing Developer in Canada. The brand speaks for itself as this is the 10th building in Waterloo
- Two Year Worry Free Rental Guarantee
- Two Years of Free Property Management
- Fully Furnished including all Furniture & Appliances
- Right To Assign Your Unit Before Closing
- Capped Levies
- Literally Steps to Wilfred Laurier University
- Eight Minute Walk To The University of Waterloo
- Steps to the new Light Rail Transit (LRT) known as ION connecting the Tri-Cities Waterloo, Kitchener & Cambridge. This is a $818 Million Project
- Built by IN8 Developments – who have the #1 Track Record in Producing Off Campus Student Housing Solutions for Sale in Canada
- Located in a city 98,000 post-secondary students including 26,000 cooperative education students (58,000 full-time, 40,000 part-time)
- Population of 568,500 and one of Canada’s fastest growing communities, expected to reach 742,000 people by 2031
- Top Ontario Investment Town 2009-2014 – The Real Estate Investment Network
- Ranked 1st overall in FDI Magazine’s Top 10 American Micro Cities of the Future (2011/2012)
- Right by Light Rail Transit (opens in 2017) – $818 million LRT line connecting Cambridge, Kitchener and Waterloo
Property Management Services by Sage Living:
- Only one month’s rent property management/leasing fee (after first free two years)
- Renting buyer’s suite
- Sign lease agreements and parental guarantors
- Collection post-dated cheques
- Coordinate tenant move-in
- Turnover clean
- Field all tenant phone calls and inquiries
- Complete maintenance management
- Bill payments and cheque deposits
- Provide regular statements
- Double bed with mattress
- Nightstand, desk and chair
- Sofa with coffee table, media unit,
- 50” flat-screen TV
- Dining table and chairs
One Bedroom Stats:
- 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
- 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 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
Sage X Project Highlight
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.
High Demand, Low Supply
The Kitchener-Waterloo region has gained the attention of many, due to the numerous world-renowned innovations by students in this area. With a market of over 65,000 full time students, 98% of which who do not live in the Waterloo region, there is a major supply shortage of 1 bedroom units that Sage X will be prioritizing, thus ensuring a guaranteed rental rate. This leasing guarantee can also be attributed to the magnificent interiors, housing top quality finishes such as granite countertops, stainless steel appliances, and in-suite laundry that attract prospective tenants to pay a premium for. In addition, professional property management offered by IN8 Developments will ensure your unit is taken care of and hassle-free. Furthermore, the project will be located in the centre of Waterloo’s growth district, making it a stable and secure environment that will be a long term benefit to any investment portfolio.
About the Developer
Having over 20 years of direct experience in the construction and urban development industries, IN8 Developments is a leader in providing recognizable and popular footprints throughout the Waterloo region. With a multitude of projects completed in the area over the past several years, all of which exceed expectations by consumers and residents, reliability and satisfaction are guaranteed with this company. They lead the way in intelligent housing solutions, are committed to progressive thinking, and take pride in being the pioneers of luxurious and innovative housing options in the university district of Waterloo.
IN8 Developments specialize in professional property management, ensuring that your investment is completely secure and hands-free. They use optimal locations for their projects to guarantee a return on your investment. Some of their other projects in the Waterloo region include the completely sold out Sage 1-6, Ivy Towns 1-3, and Sage Platinum 1 & 2. Sage 1 is in its fifth rental term, proving that the Sage portfolio is extremely successful and profitable.
Contact us to secure your unit immediately. We will answer all your questions and work through the numbers with you. E: firstname.lastname@example.org | P: (647)449-4114 | Register to get Prices, Floor Plans and the Brochure.
Register for Sage X Condos today and ensure you are first in line to receive promotional package, special incentives, price list, floor plans and the widest selection of suites to choose from at the lowest entry price in advance of general realtors and the public. You will receive *Direct & Early Access* to the best floor plans and pricing along with *Priority Unit Allocation* Access & Secured Allocation you simply cannot get by going direct.