KITCHENER-WATERLOO-CAMBRIDGE

The cities of Kitchener, Waterloo and Cambridge form part of the Regional Municipality of Waterloo, an urban centre of over 553,000, and a centre for innovation and industry. Located close to Highway 401, and within a ninety-minute drive from Toronto, this up-and-coming region boasts two major universities and a large polytechnic college. It is the centre of dozens of high tech companies, including Google, OpenText, Christie Digital and RIM, which together employ over 30,000 people.

Waterloo Region has grown rapidly and expects to continue this trend, planning for a population of 750,000 by 2031. It has also seen the largest growth of privately-built student housing in Canada, with over 9,000 beds built to serve the two universities within the last decade. The future is bright for the Region of Waterloo, and it is an exciting place to be buying or building new apartments.

LONDON

The City of London may only have a population of  366,151, but it maintains an active and growing apartment industry. Over the past decade, London has built more apartments than the whole of the Greater Toronto Area, and now has an apartment universe of over 38,000 units.

London is also the home of the Cherryhill apartment development, which was sold in a transaction that we at SVN ROCK helped broker. Investors looking to London can count on our knowledge and expertise in the area, and our great relations with the local apartment community. Let us help you enter this fascinating market.

WINDSOR / SARNIA

Windsor and Sarnia are two industrial border towns, together boasting a population of nearly 300,000 people. They are centres for trade, seeing much of North America’s cross-border truck traffic through their bridges and tunnels. The government of Canada and the province of Ontario are aware of the importance of this cross-border traffic, and are currently working on extending Highway 401 to another bridge connecting Ontario to Michigan. Windsor also boasts the University of Windsor, which has expanded and added purpose-built student housing near its campus.

Windsor and Sarnia have been challenging apartment markets in the past, but vacancy rates are dropping and average rents are rising as the economy of these towns has picked up. There are excellent opportunities to purchase a number of buildings and renovate for repositioning.