Average rent prices in Quebec have soared during the pandemic, increasing by almost 15% annually from December 2019 to December 2020 — so you may think it's worth your while to buy a relatively cheap property in the Montreal area.
Check out 2 of the least expensive homes for sale in Montreal right now, according to The Canadian Real Estate Association.
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295 Rue du Pont (Ste-Geneviève) #3
Price: $79,000
Address: 295, rue du Pont #3, Île-Bizard-Sainte-Geneviève, QC
Description: Believe it or not, Île-Bizard-Sainte-Geneviève is actually a borough of Montreal. This low-priced one-bedroom condo is situated at the end of a cul-de-sac and overlooks water — a great first-time property if you're on a tight budget.
16000 Rue Wilfrid-Boileau #28
Price: $95,000
Address: 16000, rue Wilfrid-Boileau #28, Île-Bizard-Sainte-Geneviève, QC
Description: This mobile home looks better than some apartments in the city. The land is rented at $357 monthly, and the home contains one bedroom and was renovated in 2018. At just under $100,000, it's the perfect first home for someone who likes living on the West Island.
