Maziar Moini Team Home Leader Realty Inc.

Sage Kingston Condos Video



Sage Kingston Condos


Sage Kingston Condos is a new preconstruction condo development by IN8 Developments located at 652 Princess Street in Kingston. Sage Kingston Condos will be 10 storeys with a total of 325 condo units. Estimated completion date is set for September 2021. Amenities at Sage Kingston Condos will include a rooftop patio, fitness centre, indoor atrium, study rooms and lounge.

Sage Kingston Condos

Sage Kingston Condos

 

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

Sage Kingston Condos

 

 

 

Sage Kingston will provide an affordable investment opportunity for your clients with the hands-free 2-year rental guarantee and free property management provided by Sage Living (IN8’s property management company that have a fully leased portfolio of 2,000 beds). Most suites will be from just over $200,000 to just over $400,000.

Rental Market in Kingston

  • Kingston has the lowest vacancy rate in Ontario
  • Healthy vacancy rate is considered to be 3%. Kingston has a 0.7% vacancy rate
  • Among new building (built after 2005) vacancy rate is only 0.3%
  • Kingston has the 3rd highest rental rates in Ontario only behind Toronto and Ottawa
  • Rental rates increased 3.6% 2016-17
  • Current supply of student rentals are 50-100 year old houses in poor condition, no amenities, and high maintenance costs
  • 1 and 2 bedroom new purpose built luxury accommodations are scarce and highly sought after
  • Students at Queen’s pay $750-800/month for a bedroom in a 5-7 bedroom house. More than 40% more than the same type of accommodation in Waterloo or Hamilton
  • Low supply has led to record low vacancy rates and very high rental rates
  • In addition wealthy students and a growing number of international students desire luxury private accommodations and they can afford higher prices

TOP 5 REASONS TO BUY AT SAGE KINGSTON CONDOS
1. Location!
– Sage Kingston Condos is located within a 15-minute walk to Queen’s University. Also, within walking distance are many restaurants, cafes, parks, and Kingston General Hospital.

2. Rental Demand! – Every fall Queen’s University sees over 30,000 students enrol at the school and with approximately 95% of them coming from outside the city, the school does not have the ability to house all of them, therefore creating a huge demand for off-campus housing. Sage Kingston Condos is the perfect place for students to live during the school year.

3. Rent Guarantee! – Sage Kingston Condos offers a minimum rent guarantee for two years and free property management. Every suite at Sage Kingston Condos also comes fully furnished. These features are sure to make Sage Kingston Condos a high in demand condo for students and making it a great turn key investment for investors.

4. Experienced Developer! – IN8 Developments is the leader in student-based condo developments. As an investor you can be confident with their experience in constructing and renting out off-campus accommodations to students.

5. Hotel-Like Amenities! – Sage Kingston Condos is designed to encourage students to stay healthy and active. Sage Kingston Condos will offer residents amenities such as a fitness studio, a study room, and a retail level.

Sage Kingston Condos Highlights:

  • Steps to Queen’s University
  • Beautiful views of Lake Ontario
  • Many nearby public transportation options
  • Surrounded by shopping, dining and entertainment
  • Close to schools
  • Nearby parks include Memorial Centre, Victoria Park and Pine Street Park

Sign Up To Receive Details, Information And Updates About This Project Today!
 

2 Year Lease Guarantee  
2 Year Free Property Management by Sage Living
Free Furniture Package to furnish entire suite

 

Sage Kingston Condos 

 

Last Update February 6, 2019


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Maziar Moini Broker Home Leader Realty Inc.
(416) 599-9599 x150(Office)
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