Montreal real estate news
February 2012
MLS® sales in the Montréal Metropolitan Area increased by 1 per cent in January 2012 compared to January 2011, according to the Greater Montréal Real Estate Board (GMREB). This was the eighth consecutive increase in existing-home sales.
In addition to Vaudreuil-Soulanges, two other main regions in the Montréal Metropolitan Area posted an increase in sales. The South Shore registered a 5 per cent increase in sales and the North Shore saw a 2 per cent increase in its number of transactions. The Island of Montréal and Laval both posted a drop in sales compared to January 2011, at 2 and 11 per cent, respectively.
While sales of single-family homes decreased slightly by 1 per cent, condominium sales continued to gain momentum with an increase of 3 per cent. In fact, January 2012 was the 22nd consecutive month in which condominium sales outperformed the other property categories. Plex sales increased by 2 per cent in January 2012 compared to the same period last year.
As for prices, all three property categories registered an increase in median price in January 2012 compared to January 2011. The median price of single-family homes reached $262,500 (+4 per cent), that of condominiums reached $220,000 (+5 per cent) and that of plexes reached $399,500 (+3 per cent).
The number of active listings throughout the Montréal Metropolitan Area increased by 11 per cent compared to January 2011. In total, more than 26,000 residential properties were available to buyers in January, the most generous supply of properties in the past five years.
In the entire Montréal Metropolitan Area, the number of active listings increased by 15 per cent in November 2011 compared to November 2010. In total, close to 26,000 residential properties were available to buyers.
Price variance over one year:
Island of Montréal +3.99
Laval +3.52
North Shore +0.35
South Shore +0.68
Vaudreuil-Soulanges +2.12
Source: GMREB
Investment opportunity
Condo on Ile St Jean, 703 sf, second floor, two bedrooms, balcony, parking. Painted in neutral colors. Fast occupancy possible. Divided co-ownership.
MLS 8620930 Ile St Jean, Terrebonne
Municipal evaluation (2010):
Land: 18 700$
Building: 103 400$
The present does not constitute an offer to sell, but an invitation to submit offers.
Golden Square Mile - Executive Condo
Elegant 3-bedroom New York style apartment in The Linton in a highly sought out building in the heart of the Golden Square Mile in downtown Montreal.A long hallway leads to a secluded master suite(with a walk-in closet as well as an en-suite bathroom), another room,a boudoir/home office all far from the home's reception rooms. Upon entry, an expansive foyer with marble floors leads to nicely-sized reception rooms with high ceilings, ideal for entertaining.The Linton, built in 1907, boasts amenities fitting of this bygone era, such as grand common spaces and white-gloved doorman service. One indoor parking space is included with the unit. Montreal - Ville Marie MLS 8640092
View Panoramic, View of the city, View of the mountain
Proximity: Bicycle path, CEGEP, Highway, Hospital, Metro, Park, Public transportation, University
77-1509 Rue Sherbrooke O, Montrea l
7th Living room 21.3 X 12.1 ft irr Wood
7th Dining room 18.7 X 13.1 ft irr Wood
7th Kitchen 15.3 X 15 ft irr Wood
7th Master bedroom 16 X 12.9 ft irr Wood
7th Bedroom 14 X 13 ft irr Wood
7th Bedroom 14.6 X 9.9 ft irr Wood
7th Hall 14.4 X 7.2 ft irr Wood
Ideal first time buyer or investment
Condo on two levels, 3 bedrooms, 10 minutes from Montreal, close to Terrebone downtown and fast access to hwy 25. Large 2+1 bedrooms condo. On main level: living room, kitchen, two bedrooms, bathroom. In basement: family room and a third bedroom. Parking spot included.
Terrebonne - Ile St-Jean MLS 8554481
Living room 12 X 11 ft
Kitchen 12 X 8 ft
Master bedroom 13 x 12 ft
Bedroom 10 x 9 ft
Bathroom 8 x 5 ft
Bedroom 10 x 10 ft
Family room 12 x 10 ft
Municipal Assessment
Lot (2010): 39 000$
Building (2010): 104 700$
Total: 143 700$
Municipal taxes (2011): 1 635$
School taxes (2010): 310$
Total: 1 945$
IDEAL ENTRY LEVEL
Semi-detached cottage, 3 bedrooms with hardwood floors, large kitchen open to dining area, patio doors leading to fenced backyard, washer/dryer entry on main level, finished basement with family room and second exit to the backyard. Located in residential neighbourhood, close to shopping, parks, schools, public transit....
Municipal evaluation
Building 96 000$
Land 51 300$
Total: 147 300$
Taxes:
Municipal: 1827$
School: 334$
Total: 2161$
Building Type : Cottage
Bedrooms : 3
Bathrooms (Total) : 1
Built in : 1971
*** SKI IN - SKI OUT ***. Mont Habitant Swiss cottage, in prime location, move-in ready, panoramic views. Large livingroom with fireplace, balcony, large windows, vaulted ceilings, rustic beams and french country floors. New bathroom with heated floor and large shower, large and cozy bedrooms, garage. On 12 000sf of private land with mature trees. Near trails, lake access w fee. Worth a look!
MLS 8631265 Mont Habitant, Saint Sauveur
2 Master bedroom 19 ft x 11 ft
2 Bedroom 16 ft x 9 ft
2 Bathroom 10 ft x 5 ft
3 Living room 24 ft x 18 ft
3 Kitchen 9 ft x 9 ft
3 Powder room 11 ft x 5 ft
1 Family room 14 ft x 9 ft
1 Bedroom 14 ft x 9 ft
1 Garage
Assessment 2010:
Lot: 47 900$
Building: 156 500$
Total: 204 400$ VIRTUAL TOUR
Features: water access, fireplace, garage, panoramic and water views, 5 car driveway, roof 2011, vaulted ceilings, relaxing ambiance, move in ready.
Location: Near alpine ski hills (Mont Habitant), cross country and hiking trails, lake...
Spanish style house, open concept, on large lot, 60 km from Montreal. Three bedrooms upstairs, finished basement with one bedroom, that can be used as inter-generation suite or for additional income. Beautiful large lot with mature trees, inground pool and built-in brick fireplace. Garage and carport. Near CEGEP, Elementary school, High school, Highway, Hospital, Park. MLS 8573639 St Hyacinthe, Monteregie
GF Living room 12.8 X 18 ft Wood Foyer-Poêle
GF Kitchen 12.3 X 11.1 ft Ceramic aire ouverte
GF Dining room 12 X 9.5 ft Ceramic aire ouverte
GF Master bedroom 10.3 X 11.1 ft Wood
GF Bedroom 11.2 X 10.4 ft Wood
GF Bedroom 11.3 X 11 ft Linoleum ou bureau
BA1 Bedroom 13.6 X 13.5 ft Carpet Foyer-Poêle
BA1 Bathroom 8.6 X 5 ft Ceramic
BA1 Kitchen 18.7 X 9.5 ft
Municipal Assessment 2011
Lot $59,900
Building $163,600
Total $223,500
Municipal $2,271 (2010)
School $469 (2010)
Total $2,740
Spacious and elegant Penthouse - Transfert! Excellente opportunité, Très bien situé, Condition impeccable, Plusieurs fenêtres, Plancher de bois foncé, 2 chambres fermées, 2 SDB complètes, Espace à aire ouverte incluant salon/salle à manger/cuisine, Finition de qualité, Pourcentage des frais de chauffage + A/C inclus dans les frais de condo. À voir absolument, vendeur motivé! Living area: 1172 sf.
Ville-Marie, Montreal
Master bedroom 15.2 X 11.4 ft irr Wood
Bathroom 12.5 X 5.5 ft irr Ceramic
Kitchen 13.7 X 11.7 ft irr Wood
Dinette 13.8 X 9.5 ft Wood
Hall 9.6 X 4.8 ft irr Marble
Living room 23.1 X 13.8 ft irr Wood
Bathroom 10.1 X 4.11 ft Ceramic
Bedroom 12.5 X 12 ft irr Wood
Assessment 2011:
Lot: 61 400$
Building: 396 500$
Total: 457 900$
Features: terrace, ensuite bathroom, view of city, near metro, festivals, Old Montreal....
Loft style appartment in " Le Concorde "-location, location, location. A perfect pied-a-terre for a single person, professional couple, or student. Located in a new luxury building, it provides a security system, concierge, elevator and exercise room. Walking distance to shopping, dining, theatres, museums, night life and universities
MLS 8648163 Ville-Marie, Montreal
8TH FLOOR Living room 9.9 X 11.4 ft irr Wood 8TH FLOOR Bathroom 5.10 X 9.3 ft Tiles
Included in Lease Heating, Water taxes, AC, Hot water, Furnished
Excluded in Lease Electricity
Inclusions
Washer-dryer,dinette table with 2 chairs, fridge, stove, dishes, glasses, utensils, sofa bed, 2 commodes, 50" TV, work table with lamp, lamps, area rug, arm chair, table with lamp in corridor
***Business opportunity. The ONLY office available in secure building steps from Monkland Village. Ideal location with vue on the park in the back. Heating, electricity, daily cleaning and security system included in the rent. Office area of 783 sf, very bright, lots of windows. Business tax of approx 1021$/year payable by tenant.
MLS 8651808 Montreal, Notre Dame de Grace
Heating, electricity, security system, daily cleaning
Exclusions
Business tax of approximately 1021.06$/year
Features
Near Monkland Village, Villa Maria metro, free parking on the street, great location
*Please note that the rent could be $1450.00 without parking space.*
Close to " 4 bus stops " and all amenities; elementary school, Senegal, library, park, Cavendish mall, and arenas. Very Large, and very bright lower duplex with lots of windows, located in a prime area in heart of Cote st-luc. It has a large separate living room and dining room .Large eat in kitchen, en suit bathroom, very nice separate backyard, 2 big balconies, 1 exterior parking. ideal for family with children, move in condition. Very nice and luxurious unit, come for a visit. IMMEDIATE OCCUPANCY!!! MLS 8650164 - Cote-Saint-Luc
GF Bedroom
GF Dining room
GF Master bedroom
GF Living room
GF Bathroom
GF Kitchen
Fridge, stove, snow removal, 1 parking space,and access to the backyard.
Heating, hot water and electricity.
Remarks
IMMEDIATE OCCUPANCY!!!
Great location, near Villa Maria metro, Monkland Village and all amenities. Lower duplex has been completely gutted and renovated throughout. Dark bamboo floors throughout, custom built maple kitchen cabinets, island in the kitchen. Living room to the kitchen has been opened up to create an open concept. Two bathrooms, one with jacuzzi tub, the other with a large glass standup ceramic tile shower. For investors, the condo conversion has been approved by the city. Second floor is totally gutted and needs to be fully renovated.
MLS 8642988 Montreal, Notre Dame de Grace
GF Bedroom 10.5 X 14.6 ft Wood bamboo
GF Living room 11.6 X 14.5 ft Wood bamboo
GF Kitchen 16.3 X 13.2 ft Ceramic
2 Office 10.5 X 11.1 ft Wood
GF Dining room 11.1 X 10.1 ft Wood
GF Bathroom 7.7 X 5.5 ft Ceramic
GF Bathroom 7.6 X 9.5 ft Ceramic
GF Hall 14.7 X 3.9 ft Wood bamboo
GF Veranda 6 X 20 ft Wood
GF coat room 7.6 X 3.1 ft Ceramic
Lot: 81 300$
Building: 244 700$
Total: 326 000$
Near: Bicycle path, CEGEP, Elementary school, High school, Highway, Hospital, Park, Public transportation, University, Villa Maria Metro
Villa Mont-Royal, adjacent to Outremont this is the ideal location, close to public transportation, including train, buses and metro. New building offers high-end construction, concrete structure,
9 ' ceilings, elevator, corner unit with view on Bates. Beautiful bamboo flooring, includes two bedrooms, two bathrooms, balcony, garage and storage space. IMMEDIATE OCCUPANCY!!! MLS 8658854 - Mont Royal, Montreal
Kitchen 7 ft ,6 in x 10 ft
Living room 20 ft x 12 ft
Master bedroom 15 ft x 9 ft ,9 in
Bedroom 10 ft ,5 in x 9 ft ,5 in
Floor area: 967 sf
Near
CEGEP, Hospital, Park, Schools, Public Transit, University
Elevator, Garage, Panoramic view, PVC window
Established business for sale in prime location. Compact space in ideal location at busy crossroads on St. Jean's Rd., situated across Pharmaprix. Parking for customers and easy access to and from street, ideal for pick up pizza business. Complete package with all installations. Exceptionally low rent with 5 year option."
MLS 8655160 - Dollard des Ormeaux, Montreal
Business Type : Restaurant/fast food
Zoning Type : Residential/Commercial
A great opportunity to own a piece of history, for such a small price, up and coming residential neighborhood, few steps from Historic Park Marguerite Bourgeois, close to old and downtown Montreal, excellent for small family, young or retired couple or student. Take a look and you will fall in love.
MLS 8661589 Montreal, Sud Ouest
Sitting room
Bedroom
Office
Master bedroom
Living room
Kitchen
Features : Melamine cupboard, Aluminium window, Hung windows (Guillotine)
Maintenance Fees : $60 Monthly
Heating Fuel : Electric
Style : Semi-detached
Building Type : Apartment
Exterior Finish : Brick
Floor Space : 650 sqft
Built in : 1923
Storeys : 3
