Sage X Condos
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Condo Project Summary
This new condo project is strategically designed to take advantage of the booming student population and the area’s lack of high-end one-bedroom accommodations, this project is a dream for investors. Purchasers have access to convenient property management packages, for an investment opportunity that’s truly hands-off. Sage X Condos is a pre-construction condominium development by IN8 Developments in Waterloo, Ontario.
Just steps from the two major universities, the University of Waterloo Technology Park and a future LRT line, this is a one-of-a-kind opportunity for both new and seasoned investors.
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Situated at 257 Hemlock Street in the heart of Waterloo’s business and technology hub, Sage X Condos project is proposed as a six-storey mid-rise with 141 units. Designed by IBI Architects, it will feature a thoroughly modern design with playful coloured elements.
Suites range from compact studios at 320 square feet to two-bedroom units, although the bulk of units will be designed as one-bedroom units, a style that’s highly in demand in this region.
Suites will boast contemporary features, including stainless steel appliances, granite countertops, high gloss lacquer slab cabinets, expansive windows and walk-out balconies, as well as a number of sustainable features, including energy-efficient lighting and low VOC paints and adhesives. Residents can also expect a front-loading washing machine, refrigerator and dishwasher.
Residents have access to a selection of communal space too, including a welcoming lobby, fitness centre and amenity room, plus a landscaped rooftop terrace. Surface parking, a garbage chute, and secured bike storage will all be available.
With this unique setup, purchasers can take advantage of an executive package, which is included in the purchase price and includes complete modern, sleek furnishing and installation. Such includes a double bed and mattress, nightstand, desk and chair, sofa, coffee table, media unit, 50” flat screen tv, dining table and chairs. The investment package also includes:
- two-year rent guarantee
- 2 years of free property management, including the renting of your suite, background checks, post-dated cheque collection, coordination of tenant move-in, bill payments and deposits, plus monthly statements provided to you.
This truly is set up to be a “hands-off” investment opportunity, paired with a location where this kind of accommodation is highly in demand. Rental rates for one-bedroom units have increased by ten percent each year between 2015 and 2017, making projects like these a fantastic opportunity.
Location & Neighbourhood
Sage X Condo building is ideally positioned within the booming Waterloo region. Just steps from Wilfrid Laurier University and the University of Waterloo, it’s an area that sees over 65,000 full-time students. 98 per cent of those students don’t live in the region and require comfortable, off-campus housing.
It’s also just minutes from a high-density technology and business hub, public transit and a future LRT line.
The shops at Waterloo Town Square are just around the corner, for all your retail needs, both big or small. Dining options, from trendy coffee shops to pubs and bars are plentiful here too. It’s an ideal urban lifestyle location, paired with prime access to technology and innovation districts.
Waterloo features a GO station, making it easy to get around other parts of the GTA, including into the heart of downtown Toronto. No matter where you’re based, this project’s thoughtful packages make investing in real estate here both profitable and hassle-free.
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Sage X Condo Developer
IN8 Developments brings a creative and innovative approach to housing. Their senior executives have over 20 years of direct experience in the construction and urban planning fields and have pushed this organization to become a recognizable name in Waterloo’s intelligent housing realm.
Their six Sage-brand condominiums have all sold out in record time, and the firm continues to pioneer innovative housing solutions.
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