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Apartment development expands beyond downtown Montreal

Montreal’s inventory of purpose-built rental units is spreading across the city
While the downtown Montreal borough of Ville-Marie has seen the largest increase in new apartment inventory in recent years, most in the city have seen apartment unit counts rise 5% or more since 2020. Olivier Gariépy (CoStar)
While the downtown Montreal borough of Ville-Marie has seen the largest increase in new apartment inventory in recent years, most in the city have seen apartment unit counts rise 5% or more since 2020. Olivier Gariépy (CoStar)
CoStar Analytics
September 17, 2026 | 12:27 P.M.

For much of the past decade, the focus of new apartment construction in Montreal has centered on downtown towers and major mixed-use projects in the urban core. While that's still a focal point, data shows expansion of purpose-built rentals occurring across numerous boroughs.

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