How much do first year Ryerson residence fees cost?
It’s no secret that paying for university is costly, but what about paying for a place to live? Luckily, Ryerson offers a few different options that may suit your needs close to campus. Some buildings require a mandatory meal plan such as the Daphne Cockwell Complex. All residence fees for Daphne Cockwell Complex, International Living & Learning Centre, and Pitman Hall include rent, local phone calls, internet, laundry fee, residence council fees and residence life programming fees. All the numbers below reflect 2019-2020 costs. However, if you’re researching for 2020-2021 fees, you will need to add a 3-5% increase.
1.Daphne Cockwell Complex
Photo source: https://ryersonian.ca/new-barrier-free-rooms-at-daphne-cockwell-complex/
If you are choosing DCC, you have a choice of paying for a 7-day or 5-day meal plan. This decision can affect your overall cost of Ryerson residence fees. Here’s a breakdown of the two-bedroom cost with 7-day meal plan in 2019-2020:
Application Fee (due June 3rd): $50
1st Installment (due June 26): $3,034 + $2,550 meal plan charge + $450 flex meal dollars + a $30 food administration fee
2nd Installment (due Oct 23): $2,879
3rd Installment (due Jan 22): $2,879 + a $2,550 charge for the mandatory meal plan
4th Installment (due March 4): $2,879
2.International Living and Learning Centre
Photo Source: https://www.ryerson.ca/housing/future-students/residence-buildings/ilc/
ILC requires a mandatory 7-day meal plan. With a choice of a double room or single room, you may choose whether you have a roommate or not. Here’s the breakdown of the double room cost during the 2019-2020 period:
Application Fee (due June 3rd): $50
1st Installment (due June 26): $2,114.81 + $2,550 meal plan charge + $450 flex meal dollars + a $30 food administration fee
2nd Installment (due Oct 23): $1,959.75
3rd Installment (due Jan 22): $1,959.75 + a $2,550 charge for the meal plan
4th Installment (due March 4): 1,959.75
3.Pitman Hall
Photo Source: https://www.ryerson.ca/housing/summer-housing/coop/rooms/
Similarly, PIT requires a 7-day meal plan for its double room, single room, and paired style; however, students living in the 4 or 5 bedroom apartment style may choose between a 7-day meal plan, 5-day meal plan, or the Pitman Apartment Declining Balance Plan. Here’s the breakdown of Ryerson residence fees for a single room with the mandatory 7-day meal plan in 2019-2020:
Application Fee (due June 3rd): $50
1st Installment (due June 26): $2,333.56 + $2,550 meal plan charge + $450 flex meal dollars + a $30 food administration fee
2nd Installment (due Oct 23): $2,178.50
3rd Installment (due Jan 22): $2,178.50 + $2,550 meal plan charge
4th Installment (due March 4): $2,178.50
4.HOEM Residence
Photo Source: https://library.ryerson.ca/asc/2018/09/ryerson-7025-student-housing/hoem-building_rendering/
HOEM Residence fees include rent, internet, in-suite cleaning, residence council fees and program fees, however, utilities are not included. The estimated cost of utilities is $35 a person per month. Let’s breakdown the Ryerson residence fees for a three-bedroom apartment (this does not include a mandatory meal plan):
Application Fee (due June 3rd): $50
1st Installment (due June 26): $4,050
2nd Installment (due Oct 23): $3,600
3rd Installment (due Jan 22): $3,300
4th Installment (due March 4): $2,900
5th Installment (due April 22): $2,600
6th Installment (due June 17): $1,800
For more information on Ryerson residence fees, explore their website here.
Alternatives for Student Housing
Toronto living isn’t cheap. If you’re a first-time renter, you have to remember your financial budget, grocery costs, roommates, rental applications, transportation, cell phone bills, utilities, internet, insurance, and any other costs. Additionally, apartments downtown can be expensive.
These prices are reflective of the 2018 market:
Screenshot from Ryerson Off-Campus Housing Guide.
The Breakdown / Verdict
Living anywhere while studying is going to be costly. But if you want to save yourself the headache of going apartment hunting on a student budget in Toronto, residence is a great option! As a student, Ryerson residence fees may be the more affordable choice.
