Summer is often synonymous with moving to Montreal, but it also presents its share of challenges, including the difficulty of finding housing after July 1st. According to an article published in Le Devoir in 2021, nearly 500 households failed to find housing the day after July 1. In this article, we’ll look at the challenges you may face when looking for housing in Montreal and provide practical tips to make this crucial step easier.
Increased demand for housing after July 1
July 1 marks the end date of leases for many tenants in Montreal, resulting in increased demand for available housing. This situation creates fierce competition between housing seekers, making the task even more difficult. It is therefore important to be prepared and start your search as early as possible, preferably a few months in advance, in order to increase your chances of finding suitable housing.
The housing shortage in Montreal
The housing shortage in Montreal is a major challenge for housing searchers. High demand and limited supply mean that good homes leave quickly. It is common to see several interested people visiting the same home and having to fight to get an accepted offer. To deal with this situation, be prepared to make quick decisions and provide all the necessary documents as soon as you find an accommodation that interests you.
Rent prices on the rise
The high demand for housing in Montreal has also led to an increase in rent prices. Working-class and central areas of the city are often more expensive, but even in less desirable neighborhoods, rents can be high. It’s important to set a realistic budget before you start your search and be prepared to pay higher rent than you were used to.
The trade-offs to be made
Due to demand and high prices, it is sometimes necessary to make compromises when looking for accommodation in Montreal. This may mean expanding your search to other, less popular neighborhoods, accepting smaller housing, or considering roommate options. It is important to identify your essential needs and prioritize what is most important to you in order to facilitate your search and make an informed decision.
Online research and virtual tours
Technology can be a valuable tool when looking for housing in Montreal. Use online real estate sites to check available listings, but be aware that some listings may be misleading or outdated. Virtual tours can also help you preview accommodations without physically moving. However, it is always recommended to make an in-person visit before signing a lease.
Call on a real estate professional
Hiring a real estate professional can be an interesting option to facilitate your search for housing in Montreal. Local real estate agents have in-depth knowledge of the market, neighborhoods, and opportunities available. They can help you find accommodations that match your criteria, guide you through the rental process and negotiate with landlords.
Prepare in advance
To maximize your chances of finding housing in Montreal after July 1st, it is essential to prepare in advance. Here are some tips to help you:
- Start your research months in advance.
- Prepare all necessary documents, such as proof of income and references.
- Set a realistic budget based on market prices.
- Be flexible and willing to compromise if necessary.
- Stay in touch with real estate professionals and landlords to be informed of new offers.
In conclusion, finding accommodation in Montreal after July 1st can be a challenge, but with careful planning and proper preparation, it is possible to succeed in your search. Be prepared for high demand, housing shortages and rising prices. Use online resources, consider hiring a real estate agent, and be flexible in your expectations. With perseverance and determination, you can find the ideal accommodation in Montreal. Happy moving!
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