Winnipeg Free Press

Winnipeg Free Press (Newspaper) - May 27, 1997, Winnipeg, Manitoba Winnipeg free tuesday May 1997 b3 vacancy rates Are highest in downtown vacancy rates reverse trend looking for an apartment in Winnipeg theres plenty to choose from especially in the downtown vacancy rates took a bit of a surprising jump in the last says Richard senior Market analyst with Canada mortgage and housing a rental Market report by Chc done in october 1996 indicated the apartment vacancy rate in Winnipeg climbed to 6 per a jump of per cent from the Previ Ous the Rise in vacancies is a sur prise after four years of declining our read on the Rise in vacancy rates is a huge surge in Home buying says the Home buying Market is very people Are taking advantage of putting Down five per cent towards the Purchase of a Home instead of the traditional 10 per another reason for the Home Market Boom is people Are feeling a lot better about their they Are More confident about the Goatcher said surveys indicate the increase in apartment vacancies is not due to migration of people out of the ten years the vacancy rate sat at just under 3 per a Boom in apartment Complex construction in the late 1980s pushed the vacancy rate reaching a 10 year Peak of per cent in in the following years the vacancy rate began to slowly the forecast for 1997 is a slight decline in vacancies to per the Chc Survey also reveals vacancy rates Are not uniform across the in the downtown Winnipeg area which includes the fort lord mid land and Centennial the vacancy rate stands at per while the sub Urban areas of the City have a vacancy rate of per some suburban areas have vacancy rates approaching 3 per a rate of below 3 per cent would mean some neighbourhoods would be pretty tight for says that will put upward pressure on rents in certain demographics have also had an Impact on vacancy the report the Young renter group is substantially smaller these there Are fewer Young renters and the labour Market has not been kind to says those numbers will change Over the next 10 years when the baby Boom Echo comes into the rental Goatcher says seniors represent the largest increase in the rental any multiple unit construction that has occurred has been targeted toward he the a macs vacancy Survey indicates demand for newer rental units is still a number of newer buildings have been converted into which has increased demand for newer there is a vacancy rate of almost 10 per cent among apartment blocks built before while units constructed after 1985 have a vacancy rate of under 4 per construction of new rental units has been almost nonexistent in the and economic conditions would have to change before widespread construction Breaks out says with the vacancy rate at what it there is selection out there but there is a shortage of better new rental he Southeast 3505 3535 Portage Avenue and two bedroom one Block from Una cloy shopping 1br starting 2 by starting at Rente include eaten late Security Call 8855011 or 8853754 to View 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available june Yard with rent the Maples Mem gardens we Spirk by atty instr Tom 1 2 carpet All Able to it parking apply m09 or ask about our Bondii 480 1 2 by from Security apply or a Park dynasty properties about our Bonsal win Park dynasty properties 200 Aksum drive unique 2 bus 8001045 rent Inci Patio exercise Tennis seasonal for More info Call 63347 m map left Mano Auy Park i Jeff Sou Miu Idajay luxurious 2 by Garden from we apply at i104491 Mandalay la or Wii Park dynasty properties am Northwood Oaks 1021492 Jefferson spacious 2 Cable sea Sonal for More i Park dynasty top to 3 newly of irk Joe til water in 1 in 2 by Samar investments or apply at 211 or 58614h9 w Vav 151 map aka 1 2 by 1 to Mcphillips Northgate mall i blk to Inkster shag carpet All i it 694166s or 4771780 Simm rules 36 Woodrow place Call 7725253 to View Wolseley area Quiat 1 2 by rents starting at includes heat ask about our seniors off Sargent 577 Sherbrook 2 3 bus across from Well maintained Security building includes water close to bus stops Call 4771780 Wolseley River Plaza win Park dynasty properties 800 Wolseley on the 1 2 by from spacious heat water included in apply at or i downtown the Nelson i renovated character 900 1 by in very clean quiet Hwy laundry 9438377 or Dorchester Large 1 2 3 1 Starling from no Ken at 6611342 or Nick at 6690255 creche at Ridge towers close to All Levels to Concordia bus 3 bus rent from seniors no pets Call 6630961 leasing hours 18 it 16 Kim Betty Large 1 2 close to shopping Concordia rent from seniors no pets Call Christine leasing hours 18 16 Ellice 7723137 near of 700 900 2 by new very clean 252 Home Street the Park Holm Wolseley 700 1 new Hafs new Bath 7758114 or Dorchester Wolseley area heritage 700 1 by 900 1 by Den Mew Hafs Oak a must to Seel 7831861 or West end 900 2 by with new new Balli enter phone laundry plus 7792673 or very newly 2 of fridge fenced full Gas 3 by from Samar invest me ills 2572649 or 7864571 or apply at 301 Simon Osborne Village 700 1 900 2 new Hwy Oak new Bath i parking 4525883 or Dorchester i 346548 Arbuthnot the Estelle heritage 700 Bach 1 very clean quiet Block off Corydon new Bath 4521568 or 4527405 Osborne Village River Wilmot estates Toel Mthm Luis a ii isl in 91wilmot place off River i near Wellington i i 2 by in new new i storage i june Dorchester 105 Clarke off River Osborne Village totally 2 Brall season new new Bath a must to Sean 4523810 or Dorchester w1ndwood gardens Mun Rue Avenue t rent includes All 1 Security Tennis wlm Lwood management West t6s Hamilton Viu Toms 1 2 Luj mis hum on i r Milln us i n u ill 1hu i i Liisu apply full Surpli 8m air ask about Mir James Moray Village 24 Strauss drive j j my amenities storage Tennis Access to All bus rules onsite Singim no 8lartina the Meadows 8888540 Al is East of inc ii Prev Washer dryer huge outdoor Pool private Sundecks Wood burning f p air condition ing Tennis court loads of storage space dishwasher your own troll door Hrko from 1 us 5ui l Lett 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