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Sharp drop in international university students reverberates through Ottawa’s apartment sector

Lower demand for apartments near universities offset by limited new construction
The 50 Laurier apartment building is located at 50 Laurier Ave E near the University of Ottawa. In 2024, around a fifth of students enrolled at the university were from abroad. (CoStar)<br/>
The 50 Laurier apartment building is located at 50 Laurier Ave E near the University of Ottawa. In 2024, around a fifth of students enrolled at the university were from abroad. (CoStar)
CoStar Analytics
October 6, 2025 | 4:22 P.M.

Recent immigration changes have led to a sharp drop in the number of foreign student visas issued in Ontario, which has removed a key source of housing demand in many university-focused housing markets across the country.

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News | Sharp drop in international university students reverberates through Ottawa’s apartment sector