GET TO KNOW THIS GROWING ASSET CLASS

START EARNING NOW!

Act Now as Demand is High

Up to 5.7% Cap Rate

5% Deposit Structure

99.9% Occupancy Rate

2 Year

Lease Guarantee

Fully Furnished

& Finished

 

UNITS NOW AVAILABLE FOR SALE

100% SOLD OUT

271 Lester Street

Storeys - 5 Storeys 

Suites - 20 Suites 

Bedrooms - 5 Spacious Bedrooms in Each Suite, 100 in Building

Bathrooms - 2 Shared Bathrooms in Each Suite

Suite Mix - 4 Suites on Each Floor, 7 Floor Plans

Parking Spaces - 20 (13 covered, 7 uncovered)

Bike Storage - Exterior Bike Rack in Designated Area

100% SOLD OUT

392 Albert Street

Storeys - 4 Storeys 

Suites - 15 Suites 

Bedrooms - 5 Spacious Bedrooms in Each Suite, 75 in Building

Bathrooms - 5 Private bathrooms in Each Suite, 3 Suites with Two Shared Bathrooms 

Suite Mix - 3 Suites on First Floor, 4 Suites on 3 Floors, 5 Floor plans

Parking Spaces - 23 (14 covered, 9 uncovered)

Bike Storage - Exterior Bike Rack in Designated Area

100% SOLD OUT

251 Lester Street

Storeys - 6 Storeys 

Suites - 31 Suites 

Bedrooms - 5 Spacious Bedrooms in Each Suite, 155 in Building

Bathrooms - 2 Private bathrooms in Each Suite, 62 in Building

Suite Mix - 1 Suite on First Floor, 6 Suites on Floors 2-5

Parking Spaces - 33 (12 covered, 21 uncovered)

Bike Storage - Exterior Bike Rack in Designated Area

100% SOLD OUT

261 Lester Street

Storeys - 5 Storeys 

Suites - 19 Suites 

Bedrooms - 5 Spacious Bedrooms in Each Suite, 95 in Building

Bathrooms - 2 Bathrooms in Each Suite, 38 in Building

Suite Mix - 3 Suites on First Floor, 4 Suites on Floors 2-5

Parking Spaces - 19 (11 covered, 8 uncovered)

Bike Storage - Exterior Bike Rack in Designated Area

4 SUITES REMAIN

Sunview Suites

Construction Completed September 2018

100% Occupied 2018

3 Buildings in total

Amenity Spaces - Lobby with Mailroom, Lounge/Games Rooms, Study Rooms, Rooftop Lounge

Suites - 304

Bedrooms - Studio to 3 Bedrooms

Bathrooms - Up to 2 Bathrooms

Parking Spaces Available

Bike Storage Available

COMING SOON

77 Leland Street

Storeys -  5 Storeys 

Units - 124 Units

Product Type - Modern mid-rise building

Parking Spaces - Parking included

Amenities - Near McMaster University, shopping & downtown Hamilton. Recreational hike/bike rail trail at the door!

2 YEAR LEASE GUARANTEE & PROPERTY MANAGEMENT BY KW4RENT & ACCOMMOD8U

Wholly-owned subsidiaries of Prica Group, KW4Rent and Accommod8U are leaders in Waterloo off-campus academic accommodation management. Providing the most sought-after rentals, their friendly and professional staff is dedicated to providing an affordable, comfortable and safe off-campus living experience for young professionals. 

 

WHY INVEST IN WATERLOO?

'SILICON VALLEY OF THE NORTH'

Canada’s Technology Triangle, the booming Kitchener-Waterloo Region, is growing with no end in sight, including expansion to the Idea Quarter. The city’s University District boasts world class Universities and Colleges, with renowned Research Centres and numerous startups nearby. The region now boasts over 1,000 technology firms including global powerhouses such as Microsoft and Google, as well as 3M, FourSquare, Electronic Arts, SAP, OpenText, Communitech, Desire2Learn, Kik, Robotics, Aeryon Labs and Thalmic Labs. The future looks good for Waterloo Region’s thriving tech sector. 

Every year Waterloo welcomes 65,000 students. There are only on-campus beds for 20% of students.

Due to its leading edge reputation in high tech and co-operative education, huge numbers of international students are attracted to Waterloo.

 

ACADEMIC ACCOMMODATIONS OFFER A

RECESSION-RESISTANT CASH FLOW POSITIVE REAL ESTATE INVESTMENT

  • Huge growth worldwide over the past decade

  • Numerous projects across Canada, the US, UK & more

  • CPP has invested over $2.4 Billion in the sector

  • Steady base of demand and returns

  • Lease and Property Management ensure a hands-free investment

HOT OPPORTUNITY FOR SAVVY INVESTORS!

Higher Postsecondary 

Enrollments + More International Students + Desire For Quality Housing = Growing Demand for Top Class Purpose-Built Academic Accommodations!

 

ACADEMIC ACCOMMODATIONS IN ONTARIO

Over 800,000 students are enrolled in Ontario colleges and universities. This is forecast to grow to over one million in 10 years leaving 200,000 additional young professionals needing accommodations.

Post Secondary Student Enrolment in Ontario 2015/2016

802,713

International Students in Canada 2018

494,525

of the total student population is International Students

11%

of those International Students are in Ontario

48% 

Increase from 2010-2017

+119%

of them plan to apply for Permanent Residence

51%

Waterloo Total Student Housing Market:

Off-Campus Housing Demand: 23,392 Beds

Supply (May 2017): 21,059 Beds

GROWTH PLANS:

The new 230,000 sf Engineering building will add 1,500 undergraduates and 500 graduates.

The just opened $92million Lazaridis Hall will attract hundreds of additional business students and researchers/collaborators.

A $43.5million expansion will add almost 3,500 students.

ACADEMIC ACCOMMODATION SUPPLY

ACADEMIC ACCOMMODATION DEMAND

Purpose Built & Traditional Rental > 20

13,224              63%

Purpose Built & Traditional Rental < 20

4,478                21%

Purpose Built Condo Inventory

2,196                10%

Purpose Built Condo Inventory

1,161                  5%

On Campus Beds

9,679                30%

Total Potential Off-Campus Tenants

23,392              70%

Total Supply

(As of May 2017)

21,059

Total Demand

(2016)

23,392

ACADEMIC ACCOMMODATIONS BY CLASS:

A recent                      Waterloo Student Residential Market Overview points to a clear undersupply of A Class buildings walkable to University of Waterloo and Wilfrid Laurier University. International students and their parents demand top class academic accommodation!

 

There are currently:

"B CLASS" BUILDINGS

96

"C CLASS" BUILDINGS

300

"A CLASS" BUILDINGS

25

AND ONLY

"D CLASS" BUILDINGS

291

(which includes A-, A and A+ buildings, as judged on location, purpose built design, professional management including 24-hour security and amenities.)

INVEST WITH US

Waterloo forecast to continue growing due to universities and the Idea Quarter.

Walkable locations close to both campuses and the Idea Quarter.

Lease Guarantee with Free Property Management from KW4Rent for 2 years from the purchase.

1.

2.

3.

​The modestly sized City of Waterloo punches well over its weight in terms of the strong academics and prosperous economy, as well as being home to three top think tanks – the Perimeter Institute for Theoretical Physics, the Institute for Quantum Computing and the Centre for International Governance Innovation. Continued new housing and commercial development, transit initiatives, retail and recreational opportunities all combine to offer residents a high standard of living.   

Waterloo Population 2016 Census

23,392

Unemployment Rate Feb 2018

5.3%

Employment Rate 2018

64%

Graduates Employment Rate

95.3%

Median HHLD After Tax Income

$64,150

 

CONTACT US:

Irfan

Bhatti

All renderings are artist's concept. Prices and specifications subject to change without notice. See sales representative for details. E.O.E.

©2018 Prica Global Enterprises. All rights reserved. Privacy Policy

Register Now For More Information