Quote:
Originally Posted by Beedok
Residence fees are well over $1000 a month (more like $1 250 but I didn't do calcs). It includes food, but you're probably still look at 900-1000 a month for rent in a shared single room and 4 to a bathroom in most set ups. Or a bit more for your own room but still a shared bathroom (so not far removed from sharing a two bedroom). A quick look at Ottawa rents shows that sharing a two bedroom is only like 500-600 a person, waaay cheaper and any new rental will be within a somewhat similar range to get anyone going there.
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For sure, renting a full sized apartment at 2-4 people is way cheaper than on campus. The way I'm reading this proposal, 150 some units, 500 beds, I'm seeing a dorm style residence, not an apartment building. If they charge more than Carleton for a bed in a dorm, without the meal plan, that would not make any sense. But if this they charge around 1600$ for a basic 2 bedroom, 800ish square foot apartments, then it would be worth it.
I'd like to take a look at the floor plans to better understand the concept.