Montrealers on the move

NEIGHBOURHOOD SPOTLIGHT THE NUMBER OF UNDIVIDED CONDOS HAS PETITE-PATRIE MORE THAN QUADRUPLED IN 22 YEARS.** RENTAL APARTMENT UNITS IN 1991 & 2013: AVERAGE PROPORTION OF APARTMENT BUILDINGS 2017 16,171 AVERAGE PROPORTION OF RENTAL UNITS 13,399 92% Average decrease: 485 74% 1991 92.5% Average decrease: 1991 2013 19% 78.6% 2013 1991 2013 1991 2013 v15% **Source: "L'érosion du parc de logements locatifs de la Petite Patrie," Comité logement de la Petite Patrie, Laboratoire Urbain de l'Université Concordia, March 2014 2,772 Most significant decrease: ST-ANDRÉ & BOYER Apartment buildings: V62% Rental MONTREALERS ON *Source: Property evaluation (City of Montreal) and Quebec's online property registry. Apartments: V26% THE MOVE MERCIER-HOCHELAGA- MAISONNEUVE PETITE-PATRIE 101 132 63 75 NUMBER OF CONDO UNITS SOLD A 'HIDDEN' FORM OF DEVELOPMENT 2000 2012 2013 197 "Undivided" condos are units in the same building that, legally, are considered to be one entity. So, for example, a triplex with three livable units could be seen as a single-family home with a sole owner. Then, the ownership agreement is written in such a way that allows other owners to live in the available units. Undivided 2000 2012 2013 41 123 2000 2012 condos pay the taxes of a single-family home, rather than for each individual condo unit. Most importantly, the moratorium on condo conversions does not apply to undivided condos. PLATEAU-MONT-ROYAL 2013 104 *Source: Montreal Real Estate Chamber. 41 2000 2012 2013 VILLE-MARIE UNDIVIDED OWNERSHIP DIVIDED OWNERSHIP (28 28 2000 SUD-OUEST 2013 Pay tax as a single family Pay tax individually PROPORTION OF SENIORS MOVING TO URBAN CORE 55 – 64 32% 32% 75+ 30% 28% 26% *Source: "Use of the Urban Core Index to 24% analyze residential mobility: the case of seniors in Canadian metropolitan regions," Zachary Patterson (Concordia University), Simon Saddier (Concordia University), Ali 11% 1991 9% 1996 2001 Rezaei (Concordia University), Kevin Manaugh (McGill University), published in Journal of Transport Geography, 2014. 2006