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March 16, 2020

The Right Time to Start Apartment Hunting in Montreal

 

Montreal has a wealth of great rental choices among its unique architecture. Montreal apartments offers both modern urban living and old charm chic. For apartment hunters the months of March, April and May are the best time for apartment hunting opportunities before the summer rush.  

 

Montreal boasts an impressive 1.6 percent vacancy rate, meaning the apartment hunting game has become very competitive. That makes it more important than ever to have the right team by your side to avoid over paying.   LuxuryMTL represents some of the biggest landlords in Montreal as well as small boutique owners of Rental Buildings, making the LuxuryMtl team perfectly suited to assist apartment hunters find their dream home.

 

This article will help you prepare for the apartment hunting process by detailing the documents needed and highlight some of the most sought-after Montréal neighbourhoods to keep an eye on.

 

 

Being prepared – Documents needed

 

When preparing to apartment hunt, make sure you have the proper paperwork gathered in a single place. You will need these documents for the application process:

 

  • Proof of employment
  • Proof of income
  • Recent bank statements
  • Photo ID
  • Your past addresses
  • References
  • Credit History (Equifax or equivalent)

 

Having these documents ready will increase your chances of being approved without delays.

 

 

The Right Timing Is Key

It is recommended to start looking at least one or two months before your actual move date. It’s important to note that looking 3 or 4 months in advance may be too early as availability may be unknown. The more desirable the location and apartment, the tighter the timeline tends to be.

 

 Where possible, avoid the summer moving rush, which peaks in June and July. Competition is far higher during the summer, so you are likely to pay more. Additionally, moving costs tend to be higher in the summer months since moving companies are their peak demand.

 

Some of the most sought-after neighbourhoods:

We have a pulse on rental properties in the most desirable locations in the city. Whether you are looking for an urban spot in the action or a quieter location surrounded by green space, LuxuryMTL has a great stock of prime luxury rentals.

 

 

 

DOWNTOWN – Shawnessy Village

Downtown Montréal offers quality living with an abundance of rental apartments right in the heart of all the action. Living in the Shaughnessy Village area offers living walking distance to Concordia University, Dawson College, the business district, great restaurants, bars, grocery stores and all the action that the 24 hours downtown Montreal offers.

RENTAL PRICE

$$$$

 PUBLIC TRANSPORT

 Metro Guy-Concordia, Atwater, McGill, Peel

 

GOLDEN SQUARE MILE

 Golden Square Mile is a posh high-end residential area, it’s ideal for Executive class and professionals wanting to live in this privileged area, steps to the Museum of Fine Arts, Mont-Royal, the best restaurants, and the central business district

RENTAL PRICE

$$$$$

PUBLIC TRANSPORT

 Metro Guy-Concordia, Peel, McGill,

 

MCGILL GHETTO

 McGill ghetto is the residential area between the Plateau and McGill university a preferred area for McGill Students

RENTAL PRICE

 $$$$

PUBLIC TRANSPORT

Metro McGill , Place-des-arts

 

LE SUD-OUEST

Living in Borough of Sud-Ouest, offers close proximity to downtown without feeling crowded. Down the hill from the Downtown core, this up-and-coming area offers an urban environment within a low-rise area, more casual, with access to green spaces and the Lachine Canal, Atwater Market, loads of trendy eateries, and bars.

RENTAL PRICE

$$$

PUBLIC TRANSPORT

Metro Monk, Jolicoeur, Verdun, de L’Église, Lasalle

 

GRIFFINTOWN

Griffintown is located just south of Downtown Montreal. Griffintown is a vibrant, creative neighborhood that combines converted industrial building into luxury residential condos. Griffintown is one of Canada

 RENTAL PRICE

$$$$

LE PLATEAU MONT-ROYAL

Located at the foot of Mont-Royal Park. The Plateau is a unique Montreal neighbourhood, made up of low-rise architectural plexes. Its main streets are filled with authentic French Bistros, cozy cafes, fresh croissants & baguettes, lively nightlife, cultural hot spots & theatres.

RENTAL PRICE

$$$$$

PUBLIC TRANSPORT

Metro Sherbrooke, Mont-Royal, Laurier

 

OLD PORT / VIEUX-MONTREAL

Old Port is a neighbourhood with a rich history, many of the stone buildings date back to over 400 years old and have been completely restored to offer modern conveniences with the charm of interior brick walls and high ceilings. Old Montreal is known for its European style.

RENTAL PRICE

$$$$

PUBLIC TRANSPORT

Metro CHamps-de-Mars, Place d'armes, Square-Victoria

 

WESTMOUNT

Just west of Downtown Montreal, Westmount is renown for its Victorian Architecture, Greystone mansions and prestigious townhouses. Westmount is ideal for families wanting to live 10 minutes from Downtown, walking distance to the best schools of Montreal, surrounded by a network of parks, green spaces giving access to 12 parks, 22 green spaces and a wooded nature reserve.

 

RENTAL PRICE

 $$$$$

PUBLIC TRANSPORT

Metro Vendôme, Villa-Maria, Atwater

 

COTE-DES-NEIGES

Cote-des-Neiges area regroups more then 100 ethnic communities from all over the world. It welcomes a lot of students from Université de Montréal. In Côte-des-Neiges you can find great affordable Montreal rentals that are steps away from convenience stores, cozy coffee shops and a diversity of cultural restaurants.

RENTAL PRICE

 $$$ 

PUBLIC TRANSPORT

Metro Cote-des-neiges, Université de Montréal, Cote-Sainte-Catherine

 

NDG

NDG is almost exclusively residential and has many large parks including NDG Park (known as Girouard Park), Loyola Park, and Trenholme Park. NDG is ideal for families and at its western portion also great for students attending Concordia-Loyala campus, or commute to University downtown without having to pay the price of living downtown.

RENTAL PRICE

$$$$

PUBLIC TRANSPORT

Metro Villa-Maria

 

 

LuxuryMTL Is at Your Service

At LuxuryMTL, whether you are a Montrealer or an out-of-towner we have the resources to offer a variety of apartments and make your apartment hunt seamless and time efficient. Our rental experts team focuses on meeting clients needs and wants in a timely manner delivering the best terms & conditions to ensure a memorable experience.

 

LuxuryMTL is the one-stop team that delivers results with a total client-focused approach.

 

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