New Condo Project - SAGE VI Condominium (A Real Estate Investment With The Possibility Of Over 10% Annual Return)

 

Reasons to Choose Sage VI at Waterloo by Innovator IN8 Developments

  • Professional property management package makes the dream of hassle-free real estate investing a reality
  • Situated just steps from the University of Waterloo & Technology Park
  • High demand 1 Bedroom plus Den suites which are in scarce supply near the universities
  • Worry-free ownership with furnishing package and leasing guarantee
  • A brand new building with a complete Tarion Warranty
  • Sage owners will not be subject to the costly Rental Housing Licensing traditional landlords in Waterloo must contend with
  • With conventioanl 1 & 2 bedroom layouts, purchasers at Sage won't have to deal with the financing challenges other rental property owners face
  • Top quality suite finishes including granite countertops, stainless steel appliances, in suite laundry

*** Please join our bus tour on May 23, 2013 to learn more about this great investment opportunity ***

Over 10% Estimated Annual Return (The data below is provided by builder)

Competitive One Bedroom Suite Estimated Operating Proforma
   1st Year  5th Year  10th Year
 Purchase Price  $199,900.00    
 Down Payment (20%)  $39,980.00    
 Square Footage  550    
 Price Per Sq.Ft.  $363.45    
 Rent  $11,940.00  $13,543.26  $15,853.37
 Property Taxes  $1,766.06  $1,911.64  $2,110.60
 Insurnace  $300.00  $324.73  $358.53
 Condo Fees  $1,452.00  $1,571.69  $1,735.27
 Repair Budget  $300.00  $324.73  $358.53
 TOTAL INCOME  $8,121.94  $9,410.47  $11,290.44
 MORTGAGE  $7,559.76  $8,061.36  $9,006.36
 NET CASH FLOW  $562.18  $1,349.11  $2,284.08
 Principle Paid Down  $3,638.85  $3,562.28  $3,452.17
 NET INCOME  $4,201.03  $4,911.39  $5,736.25
 Annual Return  10.5%  12.3%  14.3%
 Capital Appreciation  $11,454.27  $13,538.24  $17,887.65
 TOTAL ANNUAL ROI  39.2%  46.1%  59.1%

Efficient Layout

We are honored to present this new condo project of Sage VI Condominiums  to you before the grand opening, scheduled to launch in June,  to the public . If you would like to visit the building site in Waterloo, we would like to invite you to join our bus tour on May 23, 2013 (Thursday). During the tour, you will be introduced and explained the full detail of this great investment opportunity of this project. If you are only interested in obtaining more information about this project, please feel free to contact us and we will be happy to send you the package with full details of a price list and various floor plans.

Look forward to hearing from you!

Antony Chan

Antony Chan

Broker
CENTURY 21 King's Quay Real Estate Inc., Brokerage*
Contact Me

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