31 May Huge demand for student housing makes it a lucrative opportunity for investors.
Original article via City News. Click here to read.
As enrolment at Canada’s universities and colleges continues to grow, the space for lecture halls, labs and academic offices is becoming scarcer. The same goes for on- and off-campus student housing.
More than 1.5 million full-time students are currently enrolled in Canadian universities and colleges. They collectively generate a huge demand for rental housing and, in particular in large urban centres where rents are high, present a predictable source of demand for rental units.
But these days, students aren’t the only ones with an interest in student housing.CLICK FOR THE FULL ARTICLE