subject: Why Buy A Condo In Montreal Today ? [print this page] McGill Real Estate participates in many real estate seminars worldwide & they all concur about the Montreal market place.
- Condos in Montreal are less expensive when compared to other large cities in Canada and around the world, in particular the G8.
- Interest rates are lower when compared to other strong world markets.
- The Canadian banking system is now one of the strongest in the world, which benefits the Montreal condo market.
- Construction costs in Montreal increased 10% per year versus a 1.5% increase of the purchasing power.
- Montreals ever increasing urbanization is beneficial for condo buyers and owners.
- Montreals expansion is limited because it is an island so condo prices will increase faster in urban Montreal than in the suburbs.
- Montreals expansion is limited by its watery boundaries, so the condo prices will increase faster than in the suburbs.
- Soon condos will be the only type of affordable residences for buyers in Montreal.
-According to statistics, the value of condos in Montreal will increase over the next few years.
- A condo in Montreal means quality of life, walking distance from services, less traffic and much more.
- A condo in Montreal fills the needs of everyday life at a lower cost.
- More people are returning to live in the city. A condo in Montreal is the best solution..
-Over the next few years, people will leave the suburbs for a condo in Montreal.
- The enormous costs of urban sprawl for infrastructure (roads, sewers, etc.) will effect the quality of services (hospitals,universities, etc.) in the suburbs; one more advantage to owning a condo in Montreal.
by: mcgill
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