Plateau no longer affordable for anyone
Rentals in the Plateau are out of reach for many of its traditional residents, according to several tenant groups.
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Kate
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Blork 17:57 on 2021-06-18 Permalink
Isn’t this a headline from 25 years ago?
Here’s my Montreal claim to fame: in 1999 I literally moved from the Plateau to WESTMOUNT because I could not find an apartment on the Plateau that was in my price range.
The numbers look silly now of course. I gave up my one-bedroom 5-1/2 on Hotel-de-Ville, where I’d paid $600 a month for four years with no increase, because it was a bit dark and I wanted more light. Whoops! I wanted a two-bedroom 4-1/2, and the only ones available were recently renovated places where they were asking $1300-$1500 a month, and there were lineups to view them and it was known that the highest cash bidder got the place (bring your envelopes; and that cash was under-the-table and just for the nod; it wasn’t even applied to your rent). I saw a couple of places in the $800 range but they were absolute dumps.
But tony Westmount had vacancies, and it wasn’t under the spell of OMG THE PLATEAU! so I got a really nice two-bedroom 4-1/2 just off Ste-Catherine street for $825 a month. Unfortunately it wasn’t all that much brighter than my old place, and it was in a biggish building and there was no street life. But I could walk to work (downtown) and I had the great pleasure of single-handedly lowering the neighbourhood’s property values simply by parking my rarely-used and rusty AF beat up old Jetta on the street out front.
Ant6n 19:31 on 2021-06-18 Permalink
Huh. In 2013 I got a small 4 1/2 for 950$ Or so near Reachel/St Denis.
Ephraim 20:04 on 2021-06-18 Permalink
You should try near Square St-Louis. Bachelors are over $1300.
Blork 21:07 on 2021-06-18 Permalink
2013 is a long way from 1999. People under 50 probably don’t remember the insanity of the Plateau rental market in the late 90s. Insanity is an understatement. Vacancy was like .0001% or something, and those few places that were available were outrageously priced. (I think it was a rebound from the grimness of the mid-90s referendum era, plus a few other things.) it calmed down a bit after we all got depressed and doomsdayish after 9-11.