Demand for housing in Slemon Park goes from 'famine to feast' as wait-list grows - Action News
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PEI

Demand for housing in Slemon Park goes from 'famine to feast' as wait-list grows

A wait-list for housing in Slemon Park is growing, as the the former Canadian Forces Base in Summerside, P.E.I., has been at full capacity for about a year.

The area's 253 rental units are all occupied

The increase in interest forthe units has come over the last 18 months, says David Anderson, vice-president of property management for the Slemon Park Corporation. (Submitted by Slemon Park Corp.)

A wait-list for housing in Slemon Park is growing, as thethe former Canadian Forces Base inSummerside, P.E.I., has been at full capacity for about a year.

Just two years ago, about a quarter of the 253 housing units in the area were empty,said David Anderson, vice-president of property management for the Slemon Park Corporation.

Now there are 90 rental applicants on the list waiting for housing in Slemon Park.

"It was not that many years ago ... we had a 25 per cent vacancy rate ... so it's gone from famine to feast," Andersonsaid.

The housing crisis has played a part in the change, he said, as well as the corporation's efforts to make the community a desirable place to live.

Spike in interest

The boost in interest forthe units has come over the last 18 months, Andersonsaid.

I would like to think that we've become a sought after community.David Anderson, Slemon Park Corporation

"We made the decision to promote and market some of our homes as a more senior-friendly living environment," he said.

"Along with that came the need to hire a community co-ordinatorto look afteractivities for all of our residential clients."

About 54 per cent of the corporation's clients are 50 or older, Anderson said.

"That has worked out quite well. I would like to think that we've become a sought after community," he said.

Tenants also include people from across the Island who have sold their homes and have downsized. But many of the residents includefamilies, people moving back to P.E.I., orpeople new to the province, Andersonsaid.

Up until about 18 months ago, the corporation could expect a turnover rate of between one and four homes per month.Now, people seem to be staying put, he said.

With increasedinterest, there have been discussions aboutthe potential ofexpandinghousing in the community, Anderson said, though no firm planshave been madeat this point.

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With files from Angela Walker