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Originally Posted by Drybrain
I thought it could be that, but it looks like the rents aren't stratospheric. Available apartments start at $1,570 for a one-bedroom, and once you consider the location, the inclusion of utilities like heat in the price, and the fact that it's one of the newer/prestige builds, that seems not outrageous at all.
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I paid about 1425 when I was there a couple years ago. For what you get it’s not a terrible price, but they’re definitely hungrier to fill units. Fewer students may have opened up some cheaper options for folks, and folks paying $2000+ may have decided to get something with a yard through the pandemic.
I have seen a couple apartments posted on Facebook Marketplace and Kijiji, but generally don’t see much from REITs on there. The only one that posts rentals on sites like that seems to be Universal and they do it incessantly.