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The buildings on this site have been demolished.
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The location, marketing blurb and design look like they are fully intended to be only student housing. The image shown may pretend to be a on bedroom unit, but the dining area looks like it could be closed off to make a second bedroom.
For parents looking to provide housing for their child, the option of a roommate to offset costs would be attractive. Not to mention investment potential as a unit owner.
I can see grad students and other University people living there, not just undergrads.
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If the condo suites are fully furnished, does the condo corp own the furniture? If so, where would it go if bedroom furniture is added?
I can imagine that this building would also be subject to the City's bedroom guidelines which would limit the conversion of existing non-bedroom space to bedroom space.