The most searched properties of Montreal for 2020

January 31st, 2020

About 3,500 per month is the average of residential real estate transactions carried out in Montreal in 2019, according to The Quebec Professional Association of Real Estate Brokers (QPAREB). This figure shows the constant attraction of investors and future owners for the most French of Canadian cities. However, among the multitude of these properties, some are particularly sought after and never stay on the market for long. What kinds of property here is right for you? Keep reading to find out.

Buy an apartment in beautiful neighborhoods, a safe bet in Montreal

Upmarket neighborhoods are not lacking in Montreal and acquiring real estate, including an apartment, is always a good idea, a good investment for the future.

In the Sainte Marie district, for example, the construction of new luxury buildings exploded. The future owners are seduced by these chic addresses and more concretely, by the services offered in these high-end residences. Small areas and up to three rooms upstairs are particularly desirable.

Some prefer the charm of the old and opt for the purchase of an apartment in a fully restored, character building. The demand is still strong for this type of property, especially for retired couples who sell their house and want a smaller property.

Likewise, buying a traditional two-story house in neighborhoods such as Plateau-Mont-Royal also remains a classic in real estate research.

New properties wanted in Montreal

For those who like to take a little bit more risk, bet on condos or houses in booming neighborhoods. Many areas of Montreal, more or less distant from the city center and once somewhat neglected, are completely redeveloped and embellished and therefore appeal to families and young professionals who can afford larger areas or a first home in an environment brand new and at affordable prices. How long will it last?

The fact remains that we have some good tips for you: to buy beautiful accommodation in a place that is experiencing spectacular growth and a real neighborhood life, bet on Villeray, or Montreal North. If you prefer a detached house and want space and greenery, go straight to the Rivière-des-prairies-Pointe-aux-Trembles neighborhood, which has exactly what you need. In Griffintown, the old working-class district is gradually giving way to a business center with rehabilitated warehouses, all comfort and ultra-modern. Here again, you can buy beautiful surfaces at a good price (a loft of 100 square meters for example). For demanding people who want not only space, green, a pretty house and entertainment with restaurants and shops galore, it is in Mercier-HOchelaga-Maisonneuve that you will find your happiness.