That rental pull matters to price because it is not just about your own occupancy. An investor comparing units weighs the university's decades-long tenant base against the building's condo fees and reserve fund health, since a thin reserve often means a special assessment down the road that lands on owners as an unplanned bill.
New construction here still carries the 5 percent federal goods and services tax the way any new build in the city does, and a buyer should confirm whether it is included in the quoted price before comparing that number against nearby resale condos.
Ask for the condo corporation's last two years of financial statements before you sign anything. Get your hand-reviewed valuation from Joel Dyck.