New builds in Montreal
City on the map
Montreal is a city in Canada, located at the confluence of two rivers - Ottawa and St. Lawrence. The territory of the city also includes several nearby small islands.
Why is it profitable to buy apartments in a new builds for sale of Montreal?
Today it is a metropolis with skyscrapers, high-speed highways, a city of historical monuments and a cultural center. Among the most significant industries are aerospace, biotechnology, pharmaceuticals, information technology, tourism, film production, and the computer games industry. The river port of Montreal is the largest in the world.
The climate is continental; the humidity is high. It is hot in summer, in winter it is usually cold and windy.
There are six universities and twelve colleges in Montreal; it has the most students compared to other major cities in North America.
Since the city remains invariably attractive in terms of study, career growth and tourism, many foreign investors would like to invest in real estate in the new homes of Montreal, in order to rent out their homes or resell at a profit later.
According to experts, the cost of housing in Montreal will rise in price, despite the fact that the market is already warmed up.
Residential complexes in Montreal are being built using the latest technological methods. New homes for sale in Montreal from the developers offer original engineering solutions and the latest building materials; there are positive reviews on the results of their work as well.
It is possible to buy an apartment from a developer in Montreal at a reasonable cost. According to the information of the GEOLN.COM search engine, the lowest price per square meter of turnkey area is 2,000 USD. Sale of apartments from the developers is allowed with payment by installments.
Purchase of apartments from the developers in Montreal by foreigners
Foreigners have the right to purchase apartments without any additional conditions.
Highlights of the city
- Jacques Cartier bridge;
- the old Town Hall;
- Notre Dame with the Sacre Coeur chapel;
- Notre Dame de Bonscourt;
- Ramsey Castle;
- Meredith's house;
- museums of: Indian art McCord, Pointe-a-Calier, archeology and history, fine arts, humor, modern art, Margaret Aurelius Forten, Margarita d'Uville;
- Canadian Architecture Center;
- Concordia University Art Gallery;
- Florali gardens;
- old port;
- Fort Shambly;
- Kahnavake;
- Cosmodome;
- Botanical Garden
and much more.
Areas of the city that are comfortable for life
Westmount is a calm and fashionable area; there is a park with ponds. Rich and famous people live here.
Notre Dame de Grasse is a good option for families, but it is expensive.
Akhunchich is a family area with parks, schools; not far from the city center.
The Plateau area is popular among students and young working professionals.
Mile End, Plateau, Latin Quarter - these are more culturally mixed areas, vibrant in their ethnic diversity.
The Western Island includes suburbs with individual houses and townhouses, a large number of playgrounds and parks; it is in demand for married couples with children.
There are various residential properties in the North Shore area. The South Bank is also good, but you have to get to the city across the bridge.
Purchasing an apartment in a new development of Montreal is a profitable investment taking into account the growth in real estate prices in the medium term and high profitability, as well as the opportunity to live in one of the most prestigious and convenient cities in the world.
Prices per sq. m. in popular districts of Montreal
District | Price from |
---|---|
Côte-des-Neiges–Notre-Dame-de-Grâce | 3,750$ / m2 |
LaSalle | 3,140$ / m2 |
Parc-Jarry | 4,360$ / m2 |
Saint-Laurent | 4,040$ / m2 |
Ville-Marie | 6,370$ / m2 |
Prices for new builds near metro stations in Montreal
Metro | Price from |
---|---|
Bonaventure | 2,980$ / m2 |
McGill | 2,980$ / m2 |
Place-des-Arts | 2,980$ / m2 |
Saint-Laurent | 2,980$ / m2 |
Sherbrooke | 2,980$ / m2 |