Sage Prestige Condos
New Condominium Project Coming Close to Queens University
Sage Prestige Condos Brand New PreConstruction Condo project
Coming Soon at
Princess Street, Kingston
15 min walk to Queen’s University
Prices starting from $439.000
Sage Prestige Kingston is a new condo project by IN8 Developments. This development will be located in Kingston. Sage Prestige Condos is a 12 storey building with 360 units, A new innovation from the most accomplished builder of University Condos in Canada. Studios, 1, 2 & 3 Bedroom modern condo suites. Steps to local retail amenities, Queens University and Lake Ontario. It is at walking distance from grocery stores, restaurants, coffee shops, public parks and more. This is a perfect and convenient location for students and graduates as they would be able to walk to the university.
Sage Prestige is nested in the heart of the vibrant Kingston city centre. The flawlessly designed property attracts investors from all over the world and is the future home of Queen’s University Students. Connected to transit, highways, shopping, dining and world-class entertainment, Sage Prestige is an unparalleled living experience and investment opportunity.
Tentative Occupancy for this project is Fall 2020.
Free furniture packages are included in your purchase price.
All furnishings are delivered to the suite with installation provided, enabling residents to simply move right in and enjoy.
- Double bed with mattress
- Nightstand, desk and chair
- Sofa with coffee table, media unit, 50″ flatscreen TV
- Dining table and chairs
For being our prestige client, you get 2 Years Free Property Management which will include
- Renting your suite
- Signing lease agreements and parental guarantors
- Collection of post-dated cheques
- Coordination of tenant move-in
- Field all tenant phone calls and inquiries
- Complete maintenance management
- Bill payments and cheque deposits
- Provide regular statements
- NAME: Sage Prestige Condos
- PROJECT TYPE: Condominium and Retail
- DEVELOPER: IN8 Development
- LOCATION: 15-minute walk to Queens University
- UNITS: 328 premium residential student rental properties and 13 commercial spaces
- BUILD: High ceilings, stainless steel appliances, stone countertops as a standard finish
- AMENITIES: A welcoming lobby, central atrium with natural light, study room, lounge, games room, fitness center and amenity room
- MAINTENANCE FEE: $0.25 PSF including everything except hydro (which tenant would pay)
- Other Benefits: Front Loading washer and dryer included / Free WiFi Included
- UNIT SIZES: From 355 sq ft to 821 sq ft
- PARKING COST: $25,000
- LOCKER COST: $3,500 (parking lever)
- ESTIMATED COMPLETION DATE: Fall 2020
Reasons to buy Sage Prestige
- FULLY FURNISHED UNITS starting at $192,990
- TWO YEAR MINIMUM LEASE GUARANTEE
- TWO YEAR FREE PROPERTY MANAGEMENT services with Sage Living
- CAPPED DEVELOPMENT CHARGES at $4,900 and $5,900
- FULLY-FURNISHED RESIDENTIAL UNITS
- MONTHLY DEPOSIT STRUCTURE AVAILABLE
- MORE THAN 10% EXPECTED ANNUAL RETURN on deposit
- PARKING AVAILABLE at $25,000
- LOCKERS AVAILABLE at $3,500
- HST & SIX APPLIANCES Included in the base purchase price
- CASH FLOW POSITIVE INVESTMENTS
- CAP RATES AS HIGH AS 5%
- WALK SCORE: Walkscore of 93/100, A mere 10-minute walk from Queen’s University, located in the centre of Downtown Kingston, close to shopping and dining, nearby parks include Victoria Park, Pine Street Park and Friendship Park
- LOCATION: Steps to local retail amenities, Queens University and Lake Ontario. Kingston Is Also Home to The Royal Military College Of Canada And St. Lawrence College.
- INVESTOR PACKAGE: Fully Furnished Turnkey Project, 2 Year Lease Guarantee, 2 Years Free Property Management, Deposit $5000 on Signing, 5% in 30 days, 2.5% May 1st 2017, 2.5% November 1st, 2017, 2.5% May 1st 2018, 2.5% October 1st 2018, 5% May 1st 2020
- Rising Student Enrollments: The University has a total enrolment of 24,582 students(2016), however only have on-campus housing for 3,900 students. This creates a high-demand for off-campus student housing.
- Experienced Property Management: Sage Living have leased over 2000 beds on behalf of condo owners in the past 5 years.
- PLATINUM SALE: Register below for floor plan and prices in the platinum phase with 2-year rent guarantee and two-year free property management.
- DEVELOPER: The principals of IN8 Developments have over 20 years of direct experience in the construction and urban development industries.
Is this not the right location and type of house for you ? Click here and fill out “My Dream Home” form and let us know what you would like.
We strongly recommend interested buyers to be accompanied by a RE/MAX Team Paliwal REALTOR® on the first time when entering a New Home sales centre. Realtors get paid by the builders and their service is free to you, neither the price of your purchase will change. A Realtor will guide you through the selection and the purchase process and negotiate with the builder on your behalf, as well will refer you to professionals such as lawyers and finance/mortgage.