06-23-2015, 10:56 AM
(06-23-2015, 10:47 AM)MidTowner Wrote:(06-23-2015, 10:42 AM)BuildingScout Wrote: Exactly. I'd like a place not too far from Uptown/Downtown in a building that isn't mostly students. There are units available meeting these conditions to be sure, but usually a mere handful. If you are willing to live by the highway or right smack on the middle of nowhere, the number of choices goes up substantially. Still vacancy rate of 2.6% is considered to be on the low side.
Are you talking specifically high-rises/big purpose-built apartment buildings? I can see Uptown being saturated with students, but closer to downtown I've found them less common, especially in smaller buildings. Of course, there are reasons to want to live in a big professionally-managed building, too.
Downtown will have more choices next year, with 1 Victoria and City Centre open for residents. While these are condo buildings, there will be a fair number of units on the rental market as well.