City invests in Angus housing
The city is investing in a project of 350 housing units in the Îlot Angus, currently projected to be “affordable” at $1100 to $1400 per month, but by the time the project is completed, probably more.
The city is investing in a project of 350 housing units in the Îlot Angus, currently projected to be “affordable” at $1100 to $1400 per month, but by the time the project is completed, probably more.
Chris 18:16 on 2026-06-18 Permalink
Are those sneering quotes? 🙂 How low would it have to be to not add quotes? What would a reasonable/fair “affordable” rent be in this city? Would it have to be “affordable” to an unemployed person? Minimum wage earner?
Kate 18:26 on 2026-06-18 Permalink
I am not sneering, I’m just according the word a certain distance, because it’s always reported as if it has a clear well-defined meaning, but it’s always going to be relative and subject to change.
Ian 19:21 on 2026-06-18 Permalink
@Chris the rule of thumb for a reasonable rent is 25% of the household take-home income, so 1100/m for a 1 bedroom apartment would “reasonably” require a 75k salary (about 53k net). The average salary in Montreal was $50,120 in 2025… I doubt it’s gone up 24k in 2 years. I think we can “reasonably” say that a rent that requires a person to earn 150% of the average is not “reasonable”.
I know you weren’t being serious but for comparison, a full-time minimum wage earner makes about 31k per year.
Chris 21:50 on 2026-06-18 Permalink
I was being serious in that I was curious where Kate’s lines were.
It’s an interesting thought exercise I think.
Your 50k and 75k numbers are individual, not household, right?
Is it “reasonable” that maybe people that need subsidized housing maybe need a roommate too? Two 31k salaries per year is 62k per year. 1.1k a month is 13.2k a year. 13.2k / 62k is 21% of household income. But yeah you’d have to split a bedroom. All very back of envelope, but it’s not horribly far from “affordable” perhaps.