What is Occupancy Rate?
Occupancy rate is the ratio of rented units relative to the total unit count within large scale real estate assets, like multifamily apartments. Occupancy rate is important to real estate investors because these numbers provide an indication of anticipated cash flows.
To ensure our properties maintain the highest occupancy rate possible, Equiton actively manages properties included in the apartment fund which gives us the advantage of promptly filling vacancies. The CMHC reported that the provincial occupancy rate as of October 2021 was 96.6%. In comparison, Equiton’s occupancy rate was 98.22% in 2021, making Equiton’s occupancy rate above Ontario’s average.
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Whether you are a seasoned investor looking to diversify your portfolio or a first-time investor seeking to explore the potential of real estate, we have tailored solutions to meet your unique needs. Our investment offerings encompass a diverse range of property types, such as residential, commercial and development.
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