A new report from Royal LePage suggests that while Montreal's real estate market might start to cool down, home prices are still projected to increase more overall than any other market in Canada.
The company recorded a 21.7% year-over-year increase in the "aggregate price of a home" ("a weighted average of the median values of all housing types collected") in the Montreal area in the second quarter of 2021, bringing it to $514,000.
Whether it's near Quebec City, the Outaouais, the Laurentians or Montreal, there is plenty of choice when it comes to finding a home in the seven figures. And they're way more fun to peruse than $1,000/month rental apartments.
Address: 2432, rue des Palmipèdes, Saint-Laurent, Montreal, QC
Description: For a little over a million dollars, you can get a luxurious townhome in the Bois-Franc neighbourhood, renovated with high-end finishings. It has four bedrooms, two-and-a-half bathrooms, a private backyard and is located near a future REM station.
Address: 1010, rue des Tournesols, Sainte-Adèle, QC
Description: In the Laurentians, a million dollars will get you a single-family home with an indoor pool, 15 rooms and more than 35,000-square-feet — all perched on top of a mountain with breathtaking nature views.
Description: It's not so easy to find beautiful centenniel homes — let alone ones that have been well maintained. This four-bedroom house is renovated, but still preserves its unique charm with a gas fireplace and finished attic.
Description: Perfect for a large family. You'll find, among other things, an in-ground pool (with lights at night!), three fireplaces, a home theatre, a large backyard and two Gordon Ramsay-style kitchens.
Description: How about a farmhouse with stables and an indoor riding arena? That's what's for sale in this small municipality in Bas Saint-Laurent. With more than 4 million square feet, there's plenty of room for you and your horse to run — and there's even a spa where you can relax when you're done.