Although Morin has been relatively off the grid since allegations were made against her in 2020, the actor decided to share a real estate listing on her Instagram story on November 2. Gabrielle Pigeon, the real estate broker selling this condo, confirmed with MTL Blog that this listing is in fact a property owned by Maripier Morin.
Located in the heart of the Plateau, the large condo consists of two floors and includes three bedrooms, a bathroom, a powder room and two corner balconies — because why just have one, right?
The second balcony is large enough to accommodate a table, chairs and a BBQ — perfect for those warm summer evenings. The sale also includes parking in the building's interior garage, plus two other storage spaces.
The cost of real estate in Greater Montreal has increased by over 20% compared to last year, according to a new report released this week by the Canadian Real Estate Association.
Meanwhile, Quebec City's home prices increased by 13% amid what's been a record-breaking year for Canada's real estate market in terms of the number of sales.
"After a summer where it looked like housing markets might be calming down a bit, October's numbers suggest we might be moving back towards what we saw this spring, with regards to current market demand and supply conditions," stated CREA chair Cliff Stevenson.
"That said, one month of data is not a trend, so we'll be watching how the balance of this memorable year plays out closely."
The good news is when the pricey Greater Toronto Area and Greater Vancouver area are excluded from the data, the figure falls to a slightly less frightening $561,585, so there's that. But "we need to build more housing," to keep up with accelerating demand, according to CREA senior economist Shaun Cathcart.
"2021 continues to surprise. Sales beat last year's annual record by about Thanksgiving weekend so that was always a lock, but I don't think too many observers would have guessed the monthly trend would be moving up again heading into 2022," Cathcart stated.
"With demand that strong, the supply of homes for sale at any given point in time continues to shrink. It is at its lowest point on record right now, which is why it's not surprising prices are also re-accelerating."
This article’s cover image was used for illustrative purposes only.
Both the exterior and interior of the unit are incredibly unique. The exterior features two terrasses that are probably bigger than your entire apartment — one is 1,619 square feet and the other is 1,315 square feet. The interior has ornate Versace-style frescoes painted by the Italian designer's own painter, according to the listing.
The terrasses and the condo's many large windows offer unobstructed panoramic views of Mount Royal, Outremont, Université de Montréal, Saint Joseph's Oratory, and the Olympic Stadium — along with amazing sunsets.
While the building has direct underground access to Midtown Le Sporting Club, you would have to pay extra for a membership — but, hey, if you're buying this place you clearly have a deep appreciation for the finer things in life so c'est la vie!
Description: This Versace penthouse is full of luxurious touches and extraordinary views. If you can't afford to buy it, maybe you can ask to move onto one of the terrasses because it's bound to be bigger than your whole apartment!
Though it saw the largest month-over-month drop in average rent per square foot last month, falling 6.2% to $2.21 per square foot, Montreal's rental rates have been going up over the last few years and the pandemic didn't do much to slow things down, the report states.
In an attempt to give the most accurate rental numbers possible, the report lists the 16 most popular apartments in Montreal over the past 19 months based on pageviews.
Norgate & Renaissance
The Olympic Village
Côte Vertu I
Place Du Boulevard Apartments
District C.D.N. Apartments
Place Kingsley Apartments
5015-5025 & 5051 Clanranald Avenue
La Tour Lafontaine
Domaine d'Iberville Apartments
Terrasses Embassy Apartments
"In these 16 select popular rental buildings, the average rent is up 3% annually to $1,406 per month, and the market is just as strong as the overall data suggests," the report says.
16% Of Young Montrealers Own More Than One Property According To A Survey
According to a survey by Royal LePage, some young Montreal homeowners own more than one property. In fact, 16% of homeowning poll respondents between the ages of 18 and 35 said this was the case.
Even though the rental market is stressed these days, a number of "secondary property owners" don't actually use their second property for rental income, Royal LePage reports.
The company theorized that this is due to the affordability of homes in Montreal compared to Toronto and Vancouver.
"In Montreal, although the real estate market has begun to catch up in recent years, prices remain considerably more affordable, so buyers can purchase without necessarily leveraging equity from a primary residence," real estate broker Roseline Guèvremont said in a press release.
Thirty-seven percent of secondary property owners in Montreal don't collect rental income while 25% said that they only use their second property to collect rental income.
"Among secondary property owners in Montreal, the majority are using the properties for leisure, like recreational purposes, rather than as an investment," Guèvremont said.
"Confidence in the Montreal real estate market has continued to rise in recent years, and many clients have expressed [...] their preference to invest in brick and mortar properties. For younger buyers, it's much more straightforward than investing in the stock market."