27 Aug Not All Kamloops Apartments Are Created Equally
If you’ve ever looked for Kamloops apartments for rent, you know that finding a suitable apartment isn’t easy. For years, Kamloops vacancy rates have been low – and according to Central 1 Credit Union (as reported by Kamloops Matters) – will remain low for several years to come. Central 1 predicts that apartment vacancies will hold at 1.3% from 2019-2021. For apartment hunters, this may mean taking what you can find, and all too often what you find is not what you’d like.
Understanding the needs of the community prompted us to create McGill Ridge: brand new apartments in Kamloops. McGill Ridge is a vibrant new apartment community just outside the gates of Thompson Rivers University (TRU). The first phase has just been completed and our apartments have been available for rent since August 15, 2019. Our second building will be completed in November 2019, for a total of 51 new apartments to date.
Once McGill Ridge’s remaining phases have been completed in 2020, a total of 375 new apartments will have been introduced to the Kamloops apartment rental market. This is good news for anyone who’s tired of looking at basement suites, old apartments, single rooms for rent, or shared accommodations in old houses.
New TRU Apartments Fill a Significant Shortage
While apartment rental vacancies are low throughout Kamloops, availability is often much lower in the TRU neighbourhood because of the number of students in the market for apartments near TRU. There isn’t a lot to choose from if a renter wants modern accommodations with the latest conveniences. Because of this lack of availability, apartment owners have the upper hand, and many apartments and housing advertised as being “near TRU” are actually not near TRU at all, and frequently leave a lot to be desired.
The introduction of new apartments on the McGill corridor is much needed, particularly for people who work in the Southwest Business District and TRU, and for students looking for TRU apartments.
Until recently, there have been very few choices for newer Kamloops apartments. McGill Ridge is being developed by Cross Developments, the same company that developed Summit Village Residences in 2014. At that time, Summit Village was the first new apartment rental development to be built in the city in 20 years. That experience, coupled with the need for additional TRU apartment rentals, inspired Cross Developments to build McGill Ridge, which has achieved the same high standards in design, space-efficient floor plans, high-quality materials and amenities as Summit Village. McGill Ridge will undoubtedly become a model for future Kamloops apartment developments that strike a balance the numerous amenities offered and reasonable pricing.
Benefits of Renting an Apartment at McGill Ridge
No other Kamloops apartments offer as many features as McGill Ridge:
- Location right at TRU with easy access to the rest of Kamloops
- Modern, space-efficient design
- Stainless steel appliances
- In-suite, stacked washer/dryer
- Wi-Fi and cable-ready
- Shared fitness room
- Shared, commercial-grade barbecue and outdoor picnic area
- Personal storage locker and secure bike storage
- Decks on the garden floor, balconies on upper floors
- On-site parking
- Vibrant community with many neighbourhood amenities
- The latest security features: FOB access, video surveillance
Looking for Modern Kamloops Apartments?
If you’re looking for modern Kamloops apartments or apartments at TRU, consider McGill Ridge. To get started, submit a Request Apartment Availability form. We’ll contact you with information about availability and guide you through the next steps.