Looking to Buy? We’re the Apartment Experts!
At SVN Rock Advisors, we have spent years building a database of every building in the province. It allows us to pinpoint who owns what and to locate any building anywhere in this province. If you know what you are looking for, we can help you find it.
Let’s say you wanted to buy an apartment building near a university because you were a student housing specialist, you would punch in the postal code for say, McMaster University, and up would come all the apartment buildings close by. Or maybe you think Starbucks always picks good neighbourhoods to open stores in, you could punch in the address of every Starbucks and find the buildings closest to their locations. It’s an invaluable tool to serve our clients both in buying and selling apartment buildings.
The Big Challenge in Buying Apartment Buildings
The most significant challenge faced by growing companies in the Canadian apartment industry is a lack of product to buy. For example, institutional buyers like to buy larger buildings and there simply aren’t that many available to buy in Canada. If a buyer wants to focus in on buildings of 200 units or more, he will find the following market: Ontario – 504 apartment buildings; Toronto – 363; Montreal – 96; Ottawa – 69, Hamilton – 30; Winnipeg – 29; Edmonton – 21; Calgary – 20; Vancouver – 14; and London – 14. As a result, larger owners need to move down-market and buy smaller buildings. With this in mind, we encourage our clients to buy in clusters, i.e. four 50-unit apartment buildings close together can be treated as one 200-unit complex.
What We Can Offer You
This section of our website is tailored to investors. Here, we offer you our expertise on the best and worst places to buy. You can learn more about our buy-side brokerage method, and how that puts you in the driver’s seat in getting the property you want. If you are interested in investing in the purpose-built apartment industry, draw on our years of experience.