Montreal is one of the most happening, exciting, and lively cities in the world. There are simply so many things to do. The choices are endless, and so is the confusion! The city is expanding, and the real estate of the city is getting more vibrant too. The neighborhoods are developing, and the housing options are becoming better too.
Montreal is the biggest city in Eastern Canada. The cityscape is stunning with European architecture, French-style elements, and much more. Over the years, the interest of property investors in the city has seen a significant rise. The market in terms of real estate is growing at a substantial rate in Toronto.
As per the statistics, the year 2018 saw a massive increase in the number of units sold in Montreal. There are many buyers from outside the city as well who are investing in the real estate market here. Old Montreal neighborhood has been a popular choice among the buyers. Also, Downtown Montreal is equally popular among the people planning to settle in Montreal. Condo sales in the exciting city have been on the rise since the past year.
Amongst the different provinces of Canada, Montreal still happens to be one of the most affordable real estate markets as far as North America is concerned. The past couple of years have been great for the buyers as well as sellers in the real estate industry. The interest rates are quite low too. Also, the short-term mortgage rate of interest is found to be higher than the long-term plans ones.
Moreover, the condos in Montreal are a promising housing option not just for the foreign investors but also for the local residents of the city.
The most exciting part about making a living in the city is its beautiful and scenic cityscape. Condo living is becoming a popular choice for the residents of Montreal. This is because condos are an affordable housing option and more convenient too.
Living in condos means that people can stay closer to their workplaces as well as enjoy the different entertainment options available in the city. The city is very well planned, and thus, one finds no issues in any of the neighborhoods. The views are stunning in almost every locality of the city. Also, the city has all the facilities and yet, there are peace and calm in towns. The bustling of the streets is a happy and lively one too.
The condo options also offer the people in Montreal access to luxurious amenities such as fitness centers, swimming pools, party rooms, etc. Living in a condo gives people the privilege to enjoy an urban lifestyle while enjoying the tranquil, gorgeous, and scenic views.
When it comes to living in Montreal, most of the places are great to settle in. However, the topmost neighborhoods that are ideal for housing include the following:
Being the oldest part of the city, Old Montreal is one of the most charming places in Montreal. The town is situated on the St. Lawrence River in the Ville-Marie borough. It has got the most beautiful architectural aspects of the city.
The nightlife in Old Montreal is great, and this one of the major reasons why people prefer opting for this lively neighborhood. The place is culturally very rich with a lot of museums, theatres, popular parks, etc. lined up. Also, The orange Metro line makes it great for commute and accessibility.
The northernmost part of the city is Le Plateau-Mont-Royal. One can experience great lakeside views and recreational spaces in this part of the city. Also, the place is vibrant, and hence, the atmosphere around the place is that of ‘summertime picnics’ at most times.
There are beautifully constructed townhouses in the neighborhood, and newer developments are coming up too. There are great cafes, bars, galleries, etc. located in the town, which makes a living in the place an exciting one. Being a charming part of the city, the rental rates in this locality are elevating at a steady rate.
If one is looking for a cosmopolitan zone, Ville Marie is the right choice in Montreal. The neighborhood is located right in the heart of the city. The beauty of Mount Royal Park is breath-taking, and the town is a commercial business hub too. Therefore, the place offers great housing options, which make a living in the city very convenient as everything is accessible easily.
There are a number of reputed universities located in the Western part of the town, while the eastern part has more residential units. The population density of this neighborhood is quite high.
After the famine by Irish laborers, the immigration and settlement were on a high in this part of the neighborhood. Moreover, the place is a total foodie destination. There are innumerable restaurants built in this part of the city, and the world’s most renowned chefs have their main restaurants here.
The condo options available for buying in the locality are quite a lot, and one can find condos of all different price ranges in this town.
The neighborhood is filled with amazing Italian-Canadian eateries of both fine dining as well as casual dining. The cuisines offered at these restaurants are delicious, and that is one of the major attractions of this town.
This neighborhood is a perfect choice for newcomers in the city. The reason for this is that rent prices in the locality are quite low when compared to other parts of the city. Also, the housing options available are fairly decent, and the commute options are good too.
The town is popular for the amazing outdoor attractions the place has to offer. There are ten community gardens, more than fifty parks and eleven outdoor skating rings located in the neighborhood. The housing options in the locality are quite aesthetic too.
There are plenty of factors that make a living and settling in Montreal a great choice. Here are the most significant reason as to why one should wither invest or settle in this Canadian province.
When the affordability factor is compared, Montreal offers one of the most affordable housing options to the people of the city. The city is less expensive than Los Angeles, Paris, Boston, New York, etc. Apart from these, even amongst the Canadian cities, Montreal is quite affordable.
Montreal is counted amongst the safest cities in the world. The city has a lovely atmosphere where the culture is great, and people feel safe and secured at all times as the crime rates are low too.
The quality of living in Montreal is top-notch in Montreal. The culture, entertainment, social life, etc. are all wonderful. In fact, the city ranks 12th in the list of 187 countries ranked on the UN Human Development Index.
Montreal is a great city for settling in or for purchasing housing condos. The neighborhoods of the city are charming and lively. There are innumerable entertainment options available easily in the city. Individuals from all age groups find something attractive for themselves in the city. There are several business and job opportunities in the city. Also, many renowned universities are there in Montreal for the students.
The transport and commute in this Canadian province are great too. There are plenty of restaurants offering delicious cuisines spread all across the city. Also, the province is known for its French architectural beauty. The museums and theatres of the place enhance its aesthetics.
List of upcoming condos in Montreal;