"There are currently over 800,000 students enrolled in colleges and universities across Canada. This number is expected to grow over the next ten years, so that over a million students will be enrolling at the beginning of September 2021. Where will these students live? Not only will an additional 200,000 students be looking for accommodations, these students will be staying in school longer as they pursue more years of education.
Demand is already strong for quality student accommodations in most cities and towns with universities across Ontario and it’s only going to get stronger. These factors will lead to lower vacancies and higher average rents and a high rate of return on investments."
Source: The Rock Apartment Report
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