Sage Condos Sales Update
Sales launched today in Waterloo, and the building already has a majority of the units sold. There is an extremely limited supply of 3 bedroom condos, and a decent selection of 5 bedroom condos. Contact us immediately to reserve the condo of your choice.
Sage Condos is sold out, save for 3 penthouses which have not been released yet. We have similar product available, contact us for details.
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Sage Condos, Waterloo Ontario
This week we have had a lot of interest from real estate investors in Waterloo’s newest condo development, Sage Condos.
If you would like to review the cash flow projections and condo floorplans click here to send us an email and we will send you full information.
Sage is a pre-construction condo development at the corner of Hickory & Spruce in Waterloo, very close to Wilfrid Laurier University, and steps to King Street.
Like most of the development in the surrounding area, this building is targetted to students; what sets Sage apart is that it is built to appeal to the sub market of students looking for a premium housing solution, something nicer than the typical apartments around campus, and they’re willing to pay premium rent for a premium condo.
Waterloo’s Student Housing Market
New Building in Waterloo’s Student Housing market have been in strong demand by real estate investors because of the strong & stable cash flow they offer. The issue that most investors have is that the size of these student housing apartment building (typically priced from $1,200,000 and up) require more equity invested as a down payment than may be available.
Sage Condos solves this problem, by offering a brand new student rental building with condominium ownership – meaning that you can buy one unit in a brand new building rather than having to buy the entire apartment building.
The Sage Condos Opportunity for Real Estate Investors
Sage Condos has been specially designed to be an easy real estate investment to own.
The developer has partnered with DOMUS property management to offer turn key hands off property management for owners, and DOMUS has a very generous incentive offer available for people who purchase at Sage (full details available).
The developer is also offering a rental guarantee for the first year, something that is not available with other new condo developments in Waterloo.
Action Required
If you’re interested in a hands off student housing investment, this property is worth strongly considering.
If you would like to review the cash flow projections and condo floorplans click here to send us an email and we will send you full information.
Public sales start Monday January 23 2012 and the developer is expecting to sell out very quickly.
Advance sales have been strong, and we think the pace will accelerate when access is opened up.
If you would like to receive priority choice of units, contact me immediately.
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