Montreal has introduced changes to its short-term rental rules that property owners planning to rent out a space on platforms like Airbnb should be aware of. These updates are part of an effort to balance tourism with housing needs and ensure compliance with municipal by-laws and the province’s Tourist Accommodation Act. 

Importantly, Montreal has restricted short-term rentals, such as Airbnb,...

Purpose-built rentals are properties designed and constructed from the ground up specifically for the rental market. Unlike properties acquired and then adapted for rental use, these buildings are created with features and layouts intended to meet the needs of long-term tenants. They also offer several potential benefits for investors who seek to balance risk and return. 

Over the past decade,...

Residential sales and prices surged amid tightening inventory, and urban rental markets, especially in Quebec City, experienced strong year-over-year growth. Meanwhile, office sectors in Quebec City and Montreal struggled with rising vacancies and negative net absorption despite stable net asking rents, and industrial markets saw Quebec City’s available sublet space increase while Montreal contended...