From Financialpost · · 1m 10s
Student housing deals reshape Canadian education
Canada’s universities partner with developers to build student housing amid housing shortages.
In brief
Canada’s universities partner with developers to build student housing amid housing shortages. Canadian universities partner with developers to build student housing as foreign student numbers surge. Originally reported by Financialpost.
U of T faces housing shortage

The University of Toronto, like many Canadian post-secondary schools, struggles with a student housing shortage.
U of T’s housing plan costs $300k per bed
U of T’s plan to build 5,500 student beds by 2036 costs about $300,000 per bed.
U of T partners with developers
U of T chose to partner with a developer to build student housing instead of funding it themselves.
First projects add 1,200 beds

The first two projects at U of T’s downtown St. George campus will add more than 1,200 student beds.
Presidential advisor says housing plan works
Scott Mabury, U of T’s real estate advisor, says the plan delivers more housing efficiently with less capital.
“substantially more housing, more efficiently and with significantly less capital required from the university”
Foreign student surge strains housing
Canada’s foreign student enrolment peaked in 2023, increasing pressure on local housing markets.
What to remember
Canadian universities partner with developers to build student housing as foreign student numbers surge.





