Society 145 Preconstruction Condos in Waterloo, Ontario, Canada

[Irfan Rashid]

Will try to summarize the details, I have done my DD but want to see just in-case I am missing anything. Thank you for any input in advance.

Waterloo Ontario has U of Waterloo as well as Laurier, Google is also expanding their offices there (for those unfamiliar with the location)

$352,600 Unit cost. $3,500 due at signing, 5% in 180 days, 5% in 1 year, 5 % in 2 years.

MONTHLY CASH OUTFLOWS

$182/m condo maintenance fees

$319/m property tax

$1354 Mortgage (this will vary ofc based on downpayment etc)

CASH INFLOW

$1995/month guaranteed rent for 2 years

OTHERS

2 Year Free Property Management

All furniture included

CASH FLOW POSITIVE (BASED ON MORTAGE) by about 140/m