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Montreal’s aging population has major implications for real estate market

Oldest age cohort forecast to increase rapidly compared to overall population
The Elogia senior residence is located at 5440 rue Sherbrooke E in Montreal (CoStar).
The Elogia senior residence is located at 5440 rue Sherbrooke E in Montreal (CoStar).
CoStar Analytics
February 26, 2025 | 3:07 P.M.

The oldest age group of Montreal's population is projected to grow the fastest, according to data from the Institut de la statistique du Québec or ISQ, underscoring what will likely result in increasing demand for senior housing offerings. Quebec private senior housing has benefited in the past from a large population of older renters, a trend that is expected to continue.

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