Quote:
Originally Posted by Beedok
Residence fees are well over $1000 a month (more like $1 250 but I didn't do calcs). It includes food, but you're probably still look at 900-1000 a month for rent in a shared single room and 4 to a bathroom in most set ups. Or a bit more for your own room but still a shared bathroom (so not far removed from sharing a two bedroom). A quick look at Ottawa rents shows that sharing a two bedroom is only like 500-600 a person, waaay cheaper and any new rental will be within a somewhat similar range to get anyone going there.
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New build 2 bedrooms are generally closer to $2000 a month than $1000. With utilities and their management costs it will need to be comparable to residence monthly costs.