As the border opens for fully vaccinated foreign nationals, it's expected that many students resume in-person learning in Ontario. Canada expects more than 300k international students by the beginning of the school year; they will need a place to live. The rise in the province's non-permanent residents is caused by the rise in the number of international students.
In 2021, the Government of Canada has issued 44% YoY study permits. This return means more home demand, so investors are recommended to pre-construct near colleges and universities in cities with top-rated schools. Pre-construction condos are recommended to be near a post-secondary school or a transit line that will take students to their school.