Montreal real estate undergoes a millennial-powered rental renaissance

A renaissance in rental construction is projected to add tens of thousands of new apartment units in the Montreal area over the next few years, and they’re not your typical cheap urban flats.
The new building trend is for higher-end — and in some cases, luxury — rentals, designed to appeal to up-and-coming young professionals and downsizing baby boomers. Many of these new projects also aren’t in the city, but in suburban areas like the South Shore.
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