[wardlow]

Fair point that Winnipeg may not see tonnes of developments like this, the way one might in expensive global cities like London, New York. However, I trust that a developer spending hundreds of thousands and going through a risky City approval process knows best what the market demand for this is.

I really don't think $600 1-BR apartments exist in Osborne Village anymore. You might find that a little further afield (eg, Corydon area) if you're lucky, but, since we're talking about consumer demand here, I'd assume a lot of people really don't want to live in a 100 year-old building with 40-50 years of deferred maintenance and upgrades. A lot of people do want new buildings, facilities, etc. even if they have only a small space of their own.