For decades, Montreal was the middle child of Canadian cities—not as prominent as big brother Toronto and not as edgy as little sister Vancouver.
Those days are over.
The city is in the midst of an economic revival. Home sales have risen 10 percent in the last year, and the number of new condos sold downtown in 2017 was the highest it has been in the past seven years. What’s more, Montreal added more jobs last year than in the previous eight years.
Montreal is slowly turning into the place to be. Keep reading to see why.
Moving to Montreal for Home Value
While it’s true that home prices are rising in Montreal, they’re still a value compared to Toronto and Vancouver.
The median detached home price in Toronto is $870 CAD, $1.4 million CAD in Vancouver and—listen to this—only $317,000 CAD in Montreal.
Given all the attractions Montreal has to offer, that’s almost an irresistible offer.
Montreal is a world class city with history, charm, great dining, two universities, and a prime spot at the confluence of the Saint Lawrence and Ottawa Rivers.
Here are just a few of the highlights:
• You don’t need to get your workout in first if you’re planning on visiting Mount Royal Park. Sure, you can drive to the top, but that’s no fun. Instead, take a 45-minute trek up the hill and earn your majestic view of the city below.
• Old Montreal offers restaurants, boutiques, hotels, and plenty of 17th and 18th century charm. Spend the afternoon on a self-guided tour.
• If you live in the city (and aren’t just visiting), the museums are wonderful, but not a part of daily life. What is a part of everyday life (especially in winter) is the underground city in Montreal. This subterranean network connects metro stops, stores, and popular Montreal attractions.
• Jean-Talon Market is a treasure to local residents. You’ll find fresh food, oil, spices, chocolates, maple syrup, bakery, sushi, wine, and more.
At StorageMart, we have the privilege of serving some of the most exciting cities in the world. Montreal definitely fits that description. It’s a great place to live, but also a fascinating place to visit.