GUELPH, ON, Feb. 4, 2026 /CNW/ - Yarra, the purpose-built student housing platform of Elysium Investments Inc., has unveiled plans for its first development, a proposed 10-storey student residence located across from the University of Guelph.

The proposal signals the launch of a platform that aims to rethink student housing through durable design, operational consistency, and a focus on long-term livability rather than short-term amenity appeal.

A Response to Changing Student Needs

Post-secondary enrolment growth and constrained rental supply have intensified pressure on student housing across Ontario. Many purpose-built options remain limited, while conventional rentals often lack layouts or environments suited to academic life.

Yarra positions itself as a design-driven response to that gap. Its model emphasizes functional layouts, natural light, acoustic comfort, and durable materials intended to support focus and well-being.

Rather than marketing luxury, the platform prioritizes reliability and usability. The goal is housing that performs consistently for residents and operators.

"Yarra is about creating housing that helps students focus, grow, and belong. Well-designed environments shape better outcomes, academically and personally," said Sayf Hassan, CEO of Elysium Investments Inc.

Programming Over Passive Amenities

Yarra's concept extends beyond the physical building. The platform emphasizes density of experience, with curated programming designed to activate common spaces.

Potential programming may include academic talks, small performances, mentorship sessions, and student-led events. The intent is to foster community and intellectual engagement, not simply provide amenity space that remains underused.

The Guelph Proposal

The proposed development at 210–222 College Avenue East would replace three underutilized low-rise properties with a 153-unit building composed of two-, three-, and four-bedroom suites.

Designed by award winning firm, 5468796 Architecture, the building features stepped upper levels and sloped cladding elements that reduce the perceived size of the massing and improve daylight penetration. The building is organized around a central landscaped courtyard which is fronted by indoor amenity areas designed for student living including study lounges, fitness and wellness areas, meeting rooms, and social spaces.

A Scalable Platform

Elysium describes Yarra as a platform rather than a single project, with the intention of replicating a consistent design and operational approach in university-adjacent markets.

As institutions and municipalities grapple with housing supply near campuses, purpose-built student residences are increasingly viewed as part of the broader solution.

SOURCE Elysium Investments Inc.