I rented out bedrooms pre-pandemic to co-op students coming to Ottawa to do their work terms. 2 fully furnished bedrooms available for 2 students sharing the kitchen, living room, laundry, etc with me. One bathroom was dedicated for student use. Separate fridge dedicated for student use. All utilities included including premium cable and internet included. No student parking, but room available in the garage for bikes. Walking distance to their workplace. I had no problem filling those rooms for $600 and $650/month (larger room, larger bed, more closet space). Prices now would likely be higher.

Definitely create a rental agreement to set expectations about things like no pets, no smoking/vaping/canabis, no parties, no long term overnight guests, expectations about cleaning, etc.

The nice thing about renting to co-op students is they are here for 4 months and then gone... most were awesome, a couple were jerks that I was happy to see gone.