Student tenants - Canada (GTA)

[Victor Parag]

Hi All,

I'm looking to purchase a property and trying to budget everything.

Wanted to know if students pay less during the summer/off school months?

Any tips would help

Thanks!

[Roy N.]

Originally posted by @Victor Parag:

@Roy N. hmmm.....ok, I will have to see what is customary in my market.
Thanks Roy.

Victor,

If it is customary in your market, can you do it w/o giving away the farm. If it is not customary, but high vacancy is, could it provide you an advantage ... perhaps you offer a discounted "summer" rent for 3-4 months within the context of an annual lease? The ultimate question is would you prefer to get 75% of something rather than 100% of nothing.