There is a good saying, "The essence of investing in real estate is to share the dividends of urban development." Toronto has always had an extraordinary performance on the international stage. It is the center of industrial finance and economy in Toronto and has been favored by the world in recent years. , Was rated as one of the most promising and most livable cities.
As a city center, 8 Wellesley Condo certainly occupies the conditions of the right time and place. With the rapid development of Toronto, it will gain immeasurable appreciation potential. At the same time, as the urban population continues to increase, including senior white-collar workers and student groups working nearby, market demand has been strong. For example, Ryerson University currently has more than 38,000 students and about 1,700 faculty members. The average annual enrollment growth rate is about 17%. However, Ryerson University has only 850 student dormitories, which is far from meeting the needs of student accommodation.
8 Wellesley occupies a unique geographical location, within walking distance to many well-known universities in the vicinity, such as the University of Toronto, Ryerson University, Shelton University, OCAD University, famous for its arts, and George Brown University. Abundant teaching resources collide with diverse cultures, which will make the children growing up here full of curiosity, appreciation and tolerance for multiple cultures, and this cultivation of lifelong personality will be the core competitiveness under this general trend of internationalization.
In addition, there are more than 100,000 jobs near the core financial district adjacent to 8 Wellesley, more than 70,000 jobs near the Eaton Centre, which is only 3 minutes from 8 Wellesley, and George Brown College, which is 8 minutes away from the apartment. There are approximately 30,000 students and faculty members. This huge group that continues to expand on the base will become the most stable rigid demand for United Apartments, stabilizing and greatly improving the rate of return on investment.