TEK Tower (30 Francis) | 45 fl | U/C

[tomh009]

Especially since a lot of new rental stock will come onto the market before then. In downtown Kitchener alone there will be the Bow (aka Arrow 2), Civic 66, Ophelia, Drewlo, 387 King St E and Woodside phase 2 -- and a lot more in the East End.

I think most of those investors will be cash flow negative and just hoping for appreciation.