06-01-2021, 09:13 PM
There is also the question of whether the number of units lost and ultimately replaced in construction include an equal replacement of similarly priced units for those who were displaced. You would also need to stretch back nearly ten years to see what properties might fit that definition. Of the top of my head I can think of (north to south from Waterloo):
- Any second or third story apartments that were renovated above the Uptown Waterloo businesses
- Red Condos
- The Midtown Lofts
- Any second or third story apartments that were renovated above the Downtown Kitchener businesses
- The apartments at 48 Weber St W
I'm not as familiar with the urban fabric below downtown Kitchener, but you can bet that any property close the LRT has increased in value which would then encourage landlords to raise their rents as quickly as possible within the limits of the rental rules.
- Any second or third story apartments that were renovated above the Uptown Waterloo businesses
- Red Condos
- The Midtown Lofts
- Any second or third story apartments that were renovated above the Downtown Kitchener businesses
- The apartments at 48 Weber St W
I'm not as familiar with the urban fabric below downtown Kitchener, but you can bet that any property close the LRT has increased in value which would then encourage landlords to raise their rents as quickly as possible within the limits of the rental rules.