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montreal real estate

If you thought Montreal real estate was already out of reach, this month's numbers might make you wince.

According to new data from Wealth North, the median price of a single-family home in the Montreal CMA held steady at $625,000 in May. But due to a slight bump in mortgage rates — from 3.89% to 3.99% — the annual income required to afford that price jumped by $1,359 in one month, now sitting at $165,366.

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If you're hoping to buy a home in Montreal anytime soon, you may want to brace yourself (unless you're pulling in well over six figures).

According to a new Wealth North report based on April 2025 data, the median price of a single-family home in Montreal has hit $625,000, up $15,000 from March. That jump means you now need an annual income of $163,330 to afford it — a $3,319 increase in just one month.

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With real estate prices perpetually rising, you probably don't need us to tell you that buying a home in Montreal in 2025 isn't cheap.

But according to WealthVieu’s latest income-to-afford-a-home report, most buyers now need a six-figure salary to afford one — especially single-family homes.

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The Montreal housing market is poised for steady growth in 2025, with home prices expected to rise faster than the national average, a new report shows.

For anyone hoping to buy a home here, the real question is: How much income will you need to make it happen?

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Montreal's rental market continues to be one of the more affordable options among major Canadian cities, but don't be fooled — prices still vary widely depending on the neighbourhood. If you're planning a move or are just curious about how much rent is setting people back in Montreal, we've got the latest numbers for you.

While rent across Canada is actually on the decline lately for the first time in years, Montreal seems to have missed the memo. According to the November 2024 rent report from real estate platform liv.rent, the average rent for an unfurnished 3½ — or one-bedroom apartment — across Montreal is $1,729 per month. That's a $14 dip from last month, but still $142 higher than this time last year.

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Some good news for Canadian renters: nationally, rent prices are on the decline for the first time in years — but the trend seems to have skipped over Montreal.

According to Zumper's November 2024 Canadian Rent Report, the average rent for a one-bedroom apartment dropped year-over-year across Canada in October, marking the decline since Zumper first introduced its Canadian National Rent Index in July 2022. However, cities in Quebec bucked the trend, with Montreal rent climbing by 10.1% for a one-bedroom and 8.1% for a two-bedroom compared to last year.

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If you're looking for a home in Montreal that's a little less city and a whole lot more jungle, look no further! Tucked away in the heart of the Cité du Havre peninsula, this Montreal condo for sale is a lush oasis rising out of the city's grey urban landscape.

This unique condo building, Tropiques Nord, is home to a jaw-dropping 32,000-square-foot tropical atrium that's green and blooming all year long. Think palm trees, lush gardens, a lagoon-like pool and waterfalls – a tropical paradise right in the city!

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A new report reveals just how much you need to earn to afford rent in some of Canada's biggest cities, and spoiler alert: It's a lot.

If you're thinking about moving to Canada or wondering where the most affordable cities in Canada are, this breakdown from real estate platform Zoocasa might make you think twice about your next move. Whether you're in Vancouver, Montreal or Saskatoon, rent is taking up a huge chunk of people's income — especially those earning minimum wage — and it's costing more and more to live comfortably in 2024.

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A Montreal house partially collapsed earlier this week, peeling off the building's front wall and exposing the interior — including tenants' personal items, which became visible from the street.

While photos and videos of the unfortunate incident have been going viral on social media, many are being posted without context, leading to unanswered questions. We'll do our best to answer some of those questions for you here.

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You may have already heard about the century-old duplex near Marché Saint-Jacques that's been turning the heads of city officials and local passersby — for better and for worse.

Painted bright pink, green and blue with yellow doors and purple stairs, this striking home has become the subject of a heated debate between those who love it, despite it being a marketing stunt, and those who hate it, some even claiming it violates urban planning regulations.

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Walking past this old house in the heart of Outremont, you might notice a glass cube peeking out from atop the roof. It's easy to miss, but a total showstopper for anyone who spots it — an unusual crowning detail for a residential property.

"What is that modern box doing sitting on top of that traditional, brick building?" you might wonder. Since the home is for sale, we can not only answer that question but also allow you to peek inside. And spoiler alert: the glass cube is not a swimming pool or a sunroom or a library, it's a whole damn penthouse spanning 1,600 square feet.

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Montreal's Wellington Basin could soon swap its industrial grit for something a bit trendier. Under a new proposal, the area bathed in the unmistakable glow of the Farine Five Roses sign would be divided into three new zones over the next decade and a half: one for creative workspaces, one for leisure with an urban beach, and another designed to spark economic activity.

The driver behind the transformation is the Canada Lands Company, a Crown corporation that turns underused federal properties into community assets. They manage landmarks like the Montreal Science Centre and the Old Port of Montreal and are now setting their sights on a mostly vacant lot, where the reminder of its industrious past is a lone flour mill.

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