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Do you have a link to an example? >In fact I shit you not, my neighbour who has kept their place since the early 90s, pays 246.22 USD + electric for the same a
by treis 8y ago
Do you have a link to an example?
>In fact I shit you not, my neighbour who has kept their place since the early 90s, pays 246.22 USD + electric for the same apartment as me. . .
Undoubtedly those that have rent controlled apartments do well. But that does not mean one can go and get an apartment and pay a rate similar to the one that they have.
- RodericDay 8y agoYeah they can, people do lease transfers with other people instead of relinquishing their apartments to building owners.
- broccolistem 8y ago>Do you have a link to an example? Like I said, on Craigslist/Kijiji/etc it is difficult to find such a price, or when it goes online, it disappears very quickly. A price like this can be found by walking around and finding "à louer" signs and calling the number. But here is one for $650CAD (492.47USD): https://www.kijiji.ca/v-appartement-condo/ville-de-montreal/3-1-2-nord-villeray-beau-brillant-locataire-de-choix/1417313879?enableSearchNavigationFlag=true https://www.kijiji.ca/v-appartement-condo/ville-de-montreal/... >But that does not mean one can go and get an apartment and pay a rate similar to the one that they have. But when she dies (probably not far away), the place legally must be rented at the same price (+ inflation of one year), assuming no major renovations are undertaken. And if it get's renovated, the price can only rise to a certain point unless the whole building get's demoed. So someone will get it at about that price, eventually, unless the landlord illegally raises the price (which happens).