sunview condo and Sage X condo in Waterloo

[blueshirt]

Hi,
is any invester or realtor aware of this project for student housing in kitchener waterloo area. Has any one purchased or did analysis on investment.

This housing is getting saled as furnished apartments with 2 years of guaranteed rental agreements. first 2 years property management and condo fees are also waived.

Is this a wise investment. one bedroom + den prices are currently in the range of 350K to 400K.

Please advice. also any realtor working in waterloo please give your analysis.

 

[canuck78]

You can li

Hi,
is any invester or realtor aware of this project for student housing in kitchener waterloo area. Has any one purchased or did analysis on investment.

This housing is getting saled as furnished apartments with 2 years of guaranteed rental agreements. first 2 years property management and condo fees are also waived.

Is this a wise investment. one bedroom + den prices are currently in the range of 350K to 400K.

Please advice. also any realtor working in waterloo please give your analysis.

I would purchase a house for that price. Those are pretty close to Toronto prices in a very different market. I am no expert but would not do it knowing the general area. If it was such a good investment why would they need to guarantee rental for 2 years?

 

[scylla]

You can li



I would purchase a house for that price. Those are pretty close to Toronto prices in a very different market. I am no expert but would not do it knowing the general area. If it was such a good investment why would they need to guarantee rental for 2 years?

It's not a house. It's a condo.

 

[canuck78]

I know. I said he should purchase a house for that price in KW.