Ongoing controversy about prescribed safer supply (PSS) is impeding an effective response to the unregulated drug poisoning emergency in Canada. PSS is a public health intervention that protects people who use drugs by providing a regulated, prescription-grade alternative. We hope to provide Albertans with an understanding of the context of the unregulated drug poisoning crisis, and the evidence for PSS. Read More
<p>“The exhibitors were overwhelmed by walk-in clients above the scheduled meetings, which augurs well for our tourism industry and injection to our GDP.”</p>
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<p>“Passengers in two loaded buses were kidnapped and everywhere is just quiet like it is nothing. Is this the new normal?"</p>
<p>The post <a rel="nofollow" href="https://www.arise.tv/kidnappers-demand-n15m-ransom-for-kogi-bus-hijack-victim/">Kidnappers Demand N15M Ransom for Kogi Bus Hijack Victim</a> appeared first on <a rel="nofollow" href="https://www.arise.tv">Arise News</a>.</p>
<img src="https://www.mtlblog.com/media-library/row-of-brick-house-in-westmount-quebec-canada.jpg?id=60206895&width=1200&height=800&coordinates=132%2C0%2C132%2C0"/><br/><br/><p>If you're hoping to <a href="https://www.mtlblog.com/tag/montreal-real-estate" target="_blank">buy a home in Montreal</a> anytime soon, you may want to brace yourself (unless you're pulling in well over six figures).</p><p>According to a new <a href="https://wealthnorth.ca/income-afford-home/" rel="noopener noreferrer" target="_blank">Wealth North</a> report based on April 2025 data, the median price of a single-family home in Montreal has hit $625,000, up $15,000 from March. That jump means you now need an annual income of $163,330 to afford it — a $3,319 increase in just one month.</p><p>That income level puts buyers in the top 4% of earners nationwide, based on Canadian income percentiles. For context, the <a href="https://www.mtlblog.com/canada-average-salary-quebec" target="_blank">average Canadian salary in 2025 is about $67,000</a>, according to <a href="https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=1410022301&utm_source=chatgpt.com" target="_blank">Statistics Canada</a>. That's not even half of what it now takes to own a median-priced home in Montreal.</p><p>This calculation assumes the minimum down payment, CMHC mortgage insurance, a 25-year amortization, and typical monthly costs like $354 in property taxes and $150 in heating. </p><p>If you're hoping to get into the market with a condo instead, there's slightly better news. The median condo price in the Montreal CMA is $424,500, which requires an annual income of $118,970 — still nearly double the national average salary, but a significantly lower bar than for a house.</p><p>Here's how much you’d need to earn to buy a home in different parts of the region:</p><h4>Single-family homes (April 2025)</h4><ul> <li>Montreal CMA: $625,000 home → $163,330 income</li><li> Island of Montreal: $800,000 home → $202,048 income</li> <li> Laval: $600,000 home → $157,799 income</li> <li> North Shore: $561,900 home → $149,369 income</li> <li> South Shore: $633,500 home → $165,211 income</li> <li> Vaudreuil-Soulanges: $629,750 home → $164,381 income</li> <li> Saint-Jean-sur-Richelieu: $581,500 home → $153,706 income</li> </ul><h4>Condos (April 2025)</h4><ul> <li>Montreal CMA: $425,000 condo → $119,000 income</li><li> Island of Montreal: $475,000 condo → $130,143 income</li> <li> Laval: $410,000 condo → $115,762 income</li> <li> North Shore: $370,000 condo → $106,913 income</li> <li> South Shore: $395,000 condo → $112,444 income</li> <li> Vaudreuil-Soulanges: $389,000 condo → $111,116 income</li></ul><p>You can explore more regions and test out your own affordability using Wealth North's <a href="https://wealthnorth.ca/income-afford-home/" rel="noopener noreferrer" target="_blank">income-to-home-price calculator</a>.</p><p><em>Love this? Check out our <a href="https://www.mtlblog.com/notices/" target="_blank">MTL Blog noticeboard</a> for details on jobs, benefits, travel info and more!</em></p>
<p><em>AI tools may have been used to support the creation or distribution of this content; however, it has been carefully edited and fact-checked by a member of MTL Blog's Editorial team. For more information on our use of AI, please visit our <a href="https://www.mtlblog.com/editorial-standards" target="_blank">Editorial Standards page</a>.</em></p>
