Starting at $340/week - or about $1400 a month - for a cubbyhole room in a quad of four. Includes internet and cleaning, but you only get a kitchenette in your quad. But $385 a week for a double - or about $1600/month - that could be preferable and comparable to the costs for two people renting a nearby two bedroom unit from a condo landlord at $3000/month.
The amenities look good, at least, and the university partnership should help keep things running well.
Insane - I live in a studio unit in a new (<5 year old) building and I pay less than that. In a few years, I guess students attending school in downtown Toronto won't even be afford to live downtown at all anymore. It's already a huge financial stretch for people, but this indicates to me that soon it will be an impossibility.
Canadian Universities don’t care too much about Canadians being able to afford living there. They really care about having housing in place for the rich international students that seem to be coming in ever increasingly.