Looking for an affordable house or apartment in a dynamic North American city? Whether youlive alone or with your family, Montréal is home to quality housing at prices you can actually afford, steps from the best of city life.
Soaring real estate prices have made it near impossible to live comfortably in most major cities. Luckily, Montréal has you covered! One of the most affordable regions in the world, Greater Montréal is packed with quality living spaces at affordable prices, even in the most popular neighbourhoods. And with all that money you’ll be saving on rent or mortgage payments, you’ll be free to soak up all the city has to offer—from its diverse culture and world-class eateries to its four-season festivals and activities.
It’s great
to hang out with friends, but there’s nothing like coming home to your own
place to binge-watch your favourite show ... without having to share the
remote! Montréal is one of the few cities in the world where you can live alone
without busting your budget. According to Numbeo, you should plan to spend
around $1,400 in monthly rent for a 1-bedroom apartment in a central
neighbourhood. And if you’re willing to move out to the ‘burbs, you can find
quality housing options for as little as $765 a month.
Quebecers
are famously sociable, so it’s no surprise that sharing a place with roommates
is a big thing in Montréal. For people moving to the city from overseas, living
with 2, 3 or even 4 people is not only a great way to save money but also to
make new friends. For a shared 3-bedroom apartment in downtown Montréal, you
can expect to pay around $840 a month per person, and just $598 on the
outskirts of the city, according to Numbeo.
Montréal is
the undisputed champion of Canadian cities when it comes to investing in real
estate, with single-family homes selling for two to three times less than
Vancouver or Toronto. Lower house prices means lower down payments, so you can
get a jump on the property ladder sooner. And thanks to its stable and healthy
economy, Montréal is a solid and profitable investment—short and long term.
Always
dreamed of living in an industrial loft with brick walls and high ceilings in
the city’s hottest neighbourhood? Or is a cute house by the river more your
style? Whether you’re looking for a quiet nest for your family or a cool pad
close to the action, you can take your pick of places to rent or buy in
Montréal.
in North America
It’s no secret that Montréal gets cold in winter! Luckily, locals can count on well-insulated homes heated by hydroelectricity, an energy source that’s both renewable and affordable. So when the temperature drops to 20° Celsius below, there’s no need to worry about turning down the heat. Hydro Québec offers the cheapest electricity in North America, keeping you cozy in winter and cool all summer.