Montreal real estate prices are going up right before our eyes and if you're looking to buy a property in or around the city, you might want to act fast. $500,000 may seem like a lot of cash, but when it comes to investing in a home it's not as much as you think, especially in the city.

We wanted to show all of our readers what you can buy get a half a million-dollar budget — both in Montreal and some of its surrounding areas.

Off the island, you can get a lot more bang for your buck however, you won't be sitting in a mansion even if you head to the 450.

From downtown condos to homes in Vaudreuil, this list shows you the reality of what real estate currently costs.

If you're looking to purchase a home, you may want to decide which area you want to live in before getting your hopes up... 

I can tell you right now that if it's a home in Westmount or T.M.R. you're looking for, you're going to have to save a little extra.


Hochelaga

Asking price: $499,000

This 3-bedroom 1-bathroom home has a ton of potential.

Not only does it have hardwood floors but it also has a partially furnished basement, which is a bonus for whoever the new owners may be.

See the listing


West Island

Asking price: $459,900

 

Located in Pointe-Claire, this 4-bedroom 2-bathroom home is ideal for any buyers looking for a spot to make their own.

The property not only has a fireplace and charming kitchen but it even has a little backyard that is perfect for those warm summer nights.

See the listing


Laval

Asking price: $434,900

Located in Fabreville, this 4-bedroom home has a lot of character and grace.

The open concept kitchen allows for a gorgeous flow and since it's off the island of Montreal, it's a great price.

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Plateau

Asking price: $499,000

Located on rue St-Urbain, this 2nd-floor condo has a lot to offer, including a gorgeous view of the mountain. 

From the beautiful wood flooring to the redone bathrooms and crisp kitchen, this home is in an ideal area for anyone looking to purchase a home in the city.

See the listing


Vaudreuil

Asking price: $489,900

Located in Vaudreuil this stunning home is a great place to raise a family.

The stunning kitchen and family room combined with the large backyard makes you realize that living away from the city has its benefits.

See the listing


Ville St-Laurent

Asking price: $499,000

This large 2-bedroom condo comes with two garages and a locker space.

Situated in a peaceful area, this condo is close to parks, arenas, public transportation, and highways.

See the listing


Brossard

Asking price: $499,000

This charming bungalow in Brossard is close to everything you could ever need and more.

The home itself has a lot of sunlight, a big backyard and a ton of charm. It's also fully-renovated!

See the listing


Côte Saint-Luc

Asking price: $449,000

This modern 3-bedroom, 2-bathroom condo has two parking spaces and one locker condo.

The layout allows for a great flow and the breathtaking master bedroom has an ensuite and even a custom walk-in closet.

See the listing


Downtown

Asking price: $499,000

Located in downtown Montreal, this gorgeous property will provide its new owners with a ton of natural light, high ceilings, and an open kitchen.

Built in 2007, this 3-bedroom condo might just be the perfect home for you.

See the listing


Happy house hunting!

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