Introducing Textbook Towns in Scarborough just minutes away from U of T Scarborough Campus and Centennial College — a four-storey development of 51 urban townhomes, ranging from studios to five bedrooms. Iit offers unmatched convenience near transit, parks, a hospital, Hwy 401, and shopping. Ideal for investors, this strategically positioned development taps into the constant demand for student housing.
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From the $600’s to over $1 Million
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Fully Furnished with Finished Basements
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1. Steady Demand: There is a consistent demand for student housing, as universities and colleges attract a steady influx of students each year.
2.Constant Turnover: Students typically rent for shorter periods, leading to more frequent turnover and the opportunity to adjust rental rates based on market conditions.
3.Location Proximity: Being close to educational institutions makes your property attractive to students who prefer to live near their campus, saving them commuting time and costs.
4.Potential for Higher Rental Yields: Renting out individual rooms within a property to students can often result in higher rental yields compared to renting the entire property to a single tenant or family.
5.Diverse Tenant Pool: Universities and colleges draw students from various geographic locations, creating a diverse tenant pool. This diversity can contribute to a stable rental market.
6.Parental Guarantees: Many students rely on financial support from their parents. This parental backing can serve as a form of security for landlords, providing assurance of rental payments.
7.Group Tenancies: Students often rent together in groups, which can reduce the risk of vacancy and help fill the property with multiple tenants, ensuring steady rental income.
8.Inflation-Resistant: Rental income from student housing may be less susceptible to economic downturns, as education tends to be a priority, and enrollment numbers may remain relatively stable.
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Quick Facts:
- 4 Storey-Building
- 51 Modern Urban Towns
- Studio – 5 Bedrooms
- EV Charging Stations
- Long Term Bike Storage
- Roof Top Terraces
- Stainless Steel Appliances
- Quartz Counter Tops
- In-Suite Laundry
- Steps to Future BRT Stop
(Bus Rapid Transit)
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U of T has International Students from 170 Countries & Regions
Scarborough U of T Campus has 14336 Students
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A Smart Investment!
Smart investors own high quality student residences. Investing in real estate near universities or colleges and renting to students can be a lucrative opportunity for several reasons.
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An Unbeatable location with proximity to every amenity
- 1 minute walk to TTC
- 4 minutes walk to U of T Campus
- 4 minutes walk to Centennial College
- 6 minutes walk to Toronto Pan Am Centre
- 4 minutes drive to Hwy401
= 5 minutes drive to Hospital
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Rhonda Tang
VIP Agent
Specializing All Preconstruction Homes, Resales, First Access, Big Savings...
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WeChat: rhondatangca
: rhondatangrealtor
: condoinvestors.ca
RE/MAX Hallmark Realty
9555 Yonge Street #201, Richmond Hill, ON L4C 9M5
(905) 883-4922 (Office)
(905) 883-1521 (Fax)