Westmount remains a highly desirable neighborhood, thanks to its proximity to downtown, access to public transportation, prestigious schools and a vibrant local community. Demand for rental properties in this area continues to increase. However, the supply of available rental units is limited, which results in higher rent prices. As more people want to live in Westmount, landlords raise rents to keep up with demand, which pushes up the average rent in Westmount.
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Why Westmount’s Rent Prices Are Rising and What It Means for Future Buyers?
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