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From 10% rent drops in Montreal, to $7-psf Toronto apartments, here’s how Canada’s rental market looked in January 2019




Photo: Kurt Bauschardt/Flickr

What a difference location can make in terms of rents.

Look no further than the January 2019 rent report from rental-listing website

According to the report, one bedroom apartments in Montreal are going for $1,081, down 16 percent from a year ago; meantime, the average rent per square foot in Toronto’s Entertainment District was an eye-popping $7 per square foot.

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These strikingly disparate numbers might not be what they seem, though, suggests Ben Myers, the report’s author and president of Bullpen Consulting, which advises real estate developers.

In the case of Montreal, it may just be a matter of the types of listings that were included. Myers has made an effort to remove furnished and short-term rentals from the data. But with roughly 10,000 listings to pore over, it’s possible some of those squeaked through in previous months, inflating the older data. It’s also possible a number of listings from a large landlord with property on the outskirts of the city were added.

For the off-the-charts rents in the Entertainment District, Myers has another explanation. “It was recently reported that a significant number of units, specifically this high-tourist area, are being listed on Airbnb, reducing the potential stock of rental units and putting further upward pressure on rental rates,” he writes in the report.

On a national level, renting got more expensive for prospective tenants this month, though as expected, prices varied considerably from market to market. Landlords across Canada were asking an average of $1,776 per month in rent for properties on in January, up 1.3 percent from December 2018.

Toronto remained the most expensive market for renters this month, though rents didn’t move from the previous month. The one-bedroom average was $2,135, while the two-bedroom was $2,577.

Two-bedroom asking rents in Vancouver weren’t far off at $2,541, representing a 1-percent decline compared to a month prior. At the same time, the one-bedroom rent in Vancouver sunk 8 percent to $1,768.

The cheapest one-bedroom rents were in Fort St. John, BC, where they averaged $771. Quebec City offered renters the lowest average for two-bedroom apartments $955, up 3 percent month-over-month.

While Calgary’s ownership housing market has been battered by lower oil prices and the ensuing job losses that came as a result, the outlook is brighter for the city’s rental market.

One-bedroom rents were listed for $1,270, a month-over-month increase of 4 percent, although two-bedroom rents dipped 2 percent to $1,448.

“A pick-up in international immigration, and stronger household formation is expected to boost demand for rental accomodation, as a flat ownership housing market has not created a sense of urgency to buy among younger residents,” notes Myers. “The mortgage stress test has also reduced mortgage credit availability for would-be, first-time buyers.”

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5 DIY Home Improvements for the COVID-19 Lockdown





The global coronavirus pandemic has forced millions of people around the world, to spend more time in their homes this year than they have spent in a long time. As people sit around day after day within the confines of their home, it becomes easier to notice all the areas of the house that need some work. Fortunately, everyone can now afford the extra free time to do the home renovation project they’ve been putting off for years.

Due to the on-going global health crisis, you may not be able to hire any help for your home improvement project; this means that whatever new project you plan to do around the house, whether it’s repainting the home, or installing floor heating systems, you would have to do it yourself.

Here are some do-it-yourself that you may like to try out.

Upgrade to Smart Home Appliances

It’s 2020, what better year to embrace the future by installing a range of high-tech devices that make life extra easy. For instance, with a smart thermostat, your home’s heating and cooling system can go off on their own when not needed, keeping your electricity bills lower. Other appliances that you can make smart include your lighting, home security, music and more.

Clean out your Garage

Homeserve suggests a garage cleanout as a great home improvement project for this season because cleaning out your garage provides some fresh air, the heavy lifting provides some workout and you feel an enormous sense of accomplishment when it’s done.  What’s more, the day would be far spent by the time you’re done with this project. Cleaning out your garage would require you to sweep out any dirt or debris, and get rid of other useless items that may have been stored there for a long time.

Start a Repainting Project

There’s always room for a fresh coat of paint to make everywhere look more alive, so grab a paintbrush and add some extra character to your home. The good news is that you don’t even have to go out for the paint, you can have it shipped directly to your door. Southlandremodeling suggests that if you had 2019 palette or older in your home, now is the time to embrace the latest colour hues of 2020, that show off a more contemporary style and make your home look more sophisticated.

 Build a Patio

Now is the time where every family would enjoy having a paver patio or an outdoor deck, somewhere to sit and get some fresh air when you’re tired of being cooped up inside all day. First you have to ensure that your home has enough space for a patio and that you have enough skills to handle a hammer and other tools for simple construction.

Next you order your needed materials online and get started. There is a great sense of satisfaction that comes with being able to create an outdoor space that your family can enjoy while being stuck at home.

Install some floor heating systems

Installation of floor heating systems is one of the best home improvement projects that one can get. Many people prefer to hire professionals to do these kinds of installation but if you are up for it, it’s not impossible to do this on a DIY project and get a valuable addition to your home for about half the cost.


There is no reason to continue holding out on your dream DIY home renovation projects, especially now that you have all the time in the world due to the COVID-19 stay-at-home order. Now is the perfect time to transform your home all by yourself!

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13 Montreal Apartments For Rent That Have Breathtaking Outdoor Spaces





With Quebec’s moving day just around the corner, many people are starting to look for a new property to rent. And, now that Montreal real estate activity is back in action, you can start trying to find the perfect space again. And, if you ask me, an apartment that comes with outdoor space is a must when living in the city.

From balconies to shared rooftop spaces, we’re all looking for a place where we can be outdoors. 

Now, more than ever, fresh air is something that we’re all craving. And, with summer coming faster than we think, finding a place with access to the outside is on so many of our checklists. 

Luckily for you, we at MTL Blog have made your job very easy and have gone through listings throughout the city to showcase some of the best rentals, all of which have outdoor spaces. 

Some of these properties offer private balconies while others have surreal rooftops you get access to. Regardless of which one you fall in love with, you’ll be sure to have a summer to remember living in any apartment on this list. 

Get ready for moving day because after looking at these properties, you’re going to be ready to pack your belongings.

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Montreal real-estate market hit hard by pandemic





Like many industries affected by the COVID-19 pandemic, the red-hot Montreal real-estate market has suddenly chilled.

After 61 consecutive months of increases, the Montreal Census Metropolitan Area reported a 68-per-cent decrease in residential sales transactions in April 2020 compared with the year-earlier period, according to the Quebec Professional Association of Real Estate Brokers.

The most recent residential real-estate market statistics for the Montreal area showed 1,890 residential sales transactions were concluded last month. Those figures are based on the real-estate brokers’ Centris provincial database.

Montreal has been hit harder than other Canadian cities by the pandemic, and the drop in sales was seen in all six main areas of the Montreal CMA.

The drop in sales applied to all three property categories. Single-family home sales fell 68 per cent (1,048 transactions): plex sales dropped 67 per cent (161 transactions); and condominium sales tumbled 69 per cent (675 transactions).

Despite the drop in sales, real-estate prices rose in the CMA. The median price of single-family homes increased by nine per cent to reach $360,000, while the median price of condominiums climbed 12 per cent to $289,900.

Compared with April 2019, the median price of plexes (two to five dwellings) increased 10 per cent to $595,000.

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