Income Gap Widens as Cultural Diversity Grows in Parc-Extension

In the neighbourhood of Parc‑Extension, the very diversity that supports its reputation as one of Montréal’s most multicultural areas now collides with persistent income and housing challenges that risk undermining community stability. A recent demographic profile paints a clear picture of the stakes.

According to a 2025 neighbourhood profile coordinated by the Table de Quartier de Parc‑Extension, Parc-Extension remains one of the most densely populated and varied areas on the Island of Montréal , yet it is simultaneously confronted by rising rents, gentrification pressures and food-security concerns.

Socio-economic dimensions

Data from the Canada Mortgage and Housing Corporation (CMHC) show that for Parc-Extension the median household income sits significantly below city-average levels: one dataset lists a median of approximately $48,800 before tax.

Another indicator shows that 53 % of households in the broader borough of Villeray–Saint‑Michel–Parc‑Extension report annual household incomes under $60,000.

Moreover, the low-income rate among young children (0-5 years) in the borough reaches 36 %, compared with 23 % across Montréal overall.

These figures suggest that many families in Parc-Extension face economic insecurity from the outset.

Cultural strength, housing vulnerability

Parc-Extension’s attraction to newcomers and immigrants has long been an asset. It is described by the borough profile as having “strong ethno-cultural diversity, especially … in Parc-Extension and Saint-Michel”.

At the same time, many of these residents are renters: the borough profile cited a renter population of 72 %.

That combination, high cultural diversity, high renter-share, modest incomes, leaves the area vulnerable to external pressures. Rising rents and condo developments have been flagged as threats to long-time residents and newcomer families.

A local housing-crisis article noted that “rent increases and gentrification” are already beginning to affect the immigrant community in Parc-Extension.

What it means locally

For community organisations, schools and parents, these trends translate into real-world concerns. Lower incomes mean less buffer for families facing unexpected costs, fewer resources available for after-school programs, and a heavier burden on social supports. For newcomers whose first homes are often in this neighbourhood, housing instability risks breaking the very networks that attracted them here in the first place.

The neighbourhood profile from the Table de Quartier mentions food-security pressures: issues around access to affordable nutritious food are increasingly part of the conversation.

Policy and community implications

Addressing these challenges will require efforts on several fronts:

Affordable housing: Ensuring a supply of rental units accessible to modest-income households, and protecting existing units from rapid conversion or excessive rent hikes.

Economic inclusion: Newcomers and multilingual residents may face barriers to full labour-market participation; targeted employment and training supports would help transform cultural diversity into economic opportunity.

Community services and supports: Non-profits and local associations play a vital role in the neighbourhood; ensuring they have stable funding and capacity is key.

Monitoring displacement: As development pushes in from surrounding areas, the risk of displacement increases. Transparent tracking of who is being affected, and by what, will be important.

Parc-Extension is not simply a story of cultural vitality, it is a front-line neighbourhood in Montréal’s struggle to reconcile diversity with economic equity. For all its strengths, the data show that many households live under financial pressure and face housing precarity. For residents, service-providers, and municipal planners alike, the coming years could determine whether Parc-Extension remains a welcoming entry point for immigrants and working families, or becomes less accessible to those same groups.