OSHAWA, ON - Podium Developments, Building Capital and Varsity Properties recently cut the ribbon to celebrate the completion of University Towns in North Oshawa. Located steps from Durham College and the University of Ontario Institute of Technology (UOIT), the modern stacked townhouse development with a mixed-use building is helping to fill continuing demand for various housing forms in the area. Coco Fresh, Popeye’s Chicken, Doner & Gyros and Fat Bastard Burrito were among the confirmed retailers coming to the area.
Real Estate News Exchange | Podium Builds Student Housing from Ontario to Florida
MIAMI - Podium Developments has completed 16 urban infill projects in Ontario and it’s busier than ever with several more on the go at various stages.
New in Homes | University Studios Oshawa is Now Complete!
OSHAWA - Toronto-based Podium Developments and Markham-based Building Capital, as partners, recently celebrated the Grand Opening of their 8-storey mixed use student housing building, University Studios.
Urban Toronto | University Studios Student Housing Condo Opens in Oshawa
OSHAWA - In the last several years, a new category of condominium has been sold in several markets in Ontario: the student housing condo. Located near university and college campuses, the buildings are designed with particular suites and amenities that cater to student needs, while sales of the suites are aimed at investors looking for reliable income from the under-housed post-secondary students demographic. One of those buildings to recently complete is Building Capital’s University Studios.
Condo Life | Building Industry Celebrates Quality and Excellence
Best Innovative Suite Design was presented to BUILDING CAPITAL INC. for SmartStudios™, a 274-square-foot condo showcasing multi-purpose features within the University Studios project in Oshawa.
Podcast | How To Ask – And Get – Premium Rental Rates On Student Housing
University Studios is a new investment opportunity in Oshawa, right beside UOIT and Durham College. Varsity Properties is offering a 3 year rental guarantee to all investors who purchase in this project. Varsity Properties has been achieving premium rents in the student rental markets of Kingston, Oshawa and Barrie for over a decade. We chatted with A.J. Keilty – President and CEO – to talk about how they do this and specifically we discuss the investment opportunity in Oshawa.
New in Homes | University Studios Sells Out Quickly Thanks to Smart Investors
OSHAWA - At the beginning of this year, we announced that investors were showing a high amount of interest in Building Capital and Podium Developments’ new condo, University Studios in Oshawa, thanks to the innovative SmartStudios™. Well, it seems like the interest was even higher than we thought because the condo is completely sold out!
When Phase 1 opened, it only took two weeks to sell out. Then Phase 2 opened and it sold out in just two days! So why would a mid-rise, contemporary condo sell out so quickly in Oshawa? Because of the rising land values and the building’s close proximity to two post-secondary schools.
Livabl_ | Strong Demand for University Studios in Oshawa Leads to Quick Sell Out
OSHAWA - University Studios, a student-focused condo development with investor appeal in the higher-learning hub of Oshawa, has sold out within months of the project’s launch.
“The quick sales result comes from the nearby campuses,” said Saqib Qureshi, a partner at Building Capital, which alongside Podium Developments is bringing University Studios to the market.
Urban Toronto | University Studios Sells Out Quickly in Oshawa
As a testament to the pressing demand for student housing in proximity to the University of Ontario Institute of Technology (UOIT) and Durham College in Oshawa, units have completely sold out for Podium Developments and Building Capital's University Studios. The first phase of the 8-storey Wallman Architects-designed student residence sold out in just two weeks, followed by the final phase, which sold out in an astounding two days.
Urban Toronto | University Studios Introduces New Student Housing Model to GTA
The 8-storey Podium Developments and Building Capital project uses the (trademarked) SmartStudios concept to provide exceptional spatial efficiency for students. From the layouts and amenities to individual pieces of in-suite furniture, elements of the design are geared specifically to meet students' needs. Recently becoming popular in areas where space is at a premium (including New York and San Francisco), Wallman's design now introduces the concept to the GTA.
The Star | Success in the Learning Curve
Life lessons have a way of inspiring results.
For Bernard Luttmer, 36, and Oskar Johansson, 38 — founding partners of Podium Developments — their housing experiences as Olympic competitors in sailing, and as university students, have helped hone the vision they have for their buildings.
Urban Toronto | A First Look at University Studios' Space-Saving Interiors
OSHAWA - Located near the University of Ontario Institute of Technology (UOIT) and Durham College, Podium Developments and Building Capital's University Studios is introducing a new student living typology to the local market. The Wallman Architects-designed project's suites are specifically configured to meet the needs of upper year post-secondary students, with the spatially-efficient suites designed to provide a multifunctional living space.
Windsor Star | Student Housing Gets a Rethink
“It’s an opportunity to own a piece of real estate that is revenue-generating from Day One and we expect it will be occupied for all time,” says A.J. Keilty, president and CEO of Varsity Properties of purpose-built student housing.
Livabl_ | Investors and Tenants to Benefit from University Studios’ Smartstudios in Oshawa
“Priorities change as students move through University,” Wallman discovered. “In the first few years social life is a high priority. During this time, it makes sense for students to live in accommodations that have shared living, dining, kitchen and bathroom spaces with the only private space provided by bedrooms,” he explains.
Wallman Architects
New in Homes | University Studios: Investors very interested in SmartStudios™ concept
Located near Durham College and the University of Ontario Institute of Technology (UOIT), University Studios will feature what the developers and architect are calling SmartStudios™. To our knowledge, there is no other condo in the Greater Toronto Area (GTA) quite like this. We’ve seen new condos popping up next to college and university campuses, but none that have specially designed studios for students.
Urban Toronto | University Studios Residence Brings Urban Character to Oshawa
Though Oshawa doesn't exactly have a long-standing reputation as a university town, things are changing quickly in the city east of Toronto. Since its inception in 2002, the University of Ontario Institute of Technology (UOIT) has been one of the province's fastest growing universities, with enrolment now totalling over 10,000 students, a sharp increase from approximately 1,000 in 2003.
The university's rapidly expanding main campus in Oshawa's north end has injected economic activity and cultural vibrancy to the city through a continued influx of students. A modern campus has also brought a new architectural presence to Oshawa, with the recently announced University Studios set to join the growing cluster of buildings surrounding the university.
Livabl_ | Affordable Investment Opportunity Coming to Oshawa at University Studios
A convenient location usually comes at a big premium, but not at University Studios, a new condo development from Building Capital andPodium Developments in Oshawa.
The community — which has units starting at just $149,990, nearly 200 per cent below the average price of a new high-rise home in the GTA — is centrally located in Durham’s education hub, just steps from Durham College and the University of Ontario.
Toronto Sun | University Studios Bringing Condominium Living to Oshawa for Under $150,000
Imagine the opportunity for condominium living anywhere in the Greater Toronto Area for under $150,000, unheard of residential value in one of the hottest condominium markets in the Western World.
That is what is being presented by Podium Developments and Building Capital’s new University Studios condominiums in the heart of Durham’s education hub, adjacent to the campuses of Durham College and the University of Ontario Institute of Technology (UOIT) in Oshawa.
