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Old 10-19-2008, 09:39 AM   #1
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Where to live in Montreal and how expensive is it?

Been checking some places to live in Montreal but I don't have a clue about neighborhood. Also, are real estate prices down like in the US? We're trying to figure out if we should rent or buy something right away...
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Old 10-19-2008, 10:40 AM   #2
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A decent condo Montreal (outside of downtown) is about $200-$250 per square foot and the average price for a single family house range from $250,000 to $400,000. It's still a seller market in Montreal, but I don't think it will remain for much longer.

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Been checking some places to live in Montreal but I don't have a clue about neighborhood. Also, are real estate prices down like in the US? We're trying to figure out if we should rent or buy something right away...
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Old 10-19-2008, 11:33 AM   #3
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are you comming with your family? as in are you married?

do you guys have kids?

and all that stuff?
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Old 10-19-2008, 11:36 AM   #4
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are you comming with your family? as in are you married?

do you guys have kids?

and all that stuff?
Off course, 2 kids, 2 dogs, 2 cars, 18 credit cards and 1 ex wife (but she's not coming)
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Old 10-19-2008, 12:36 PM   #5
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Off course, 2 kids, 2 dogs, 2 cars, 18 credit cards and 1 ex wife (but she's not coming)
With Kids you might want a house. Laval is close enough and you can get some decent places.

Hit me up on ICQ if you have ?'s.
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Old 10-19-2008, 12:56 PM   #6
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Check out http://cms.centris.ca/medias/publica..._A_T2_2008.pdf for average prices of homes in the Greater Montreal Area
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Old 10-19-2008, 01:39 PM   #7
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Thanks Guys, I knew that GFY provides the best and up to the minutes information
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Old 10-19-2008, 06:11 PM   #8
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I heard it's really nice there
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Old 10-19-2008, 09:21 PM   #9
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Originally Posted by PussyMan View Post
Been checking some places to live in Montreal but I don't have a clue about neighborhood. Also, are real estate prices down like in the US? We're trying to figure out if we should rent or buy something right away...
you are moving from orlando to montreal ?
its a long winter there ...
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Old 10-20-2008, 04:31 AM   #10
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you are moving from orlando to montreal ?
its a long winter there ...
We know, it' a long summer here
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Old 10-20-2008, 06:08 AM   #11
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You should fit well in Cote St-Luc.
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Old 10-20-2008, 08:09 AM   #12
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80% of rental real estate in Montreal is owned by the dominating ethnic minority.
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Old 10-20-2008, 09:43 AM   #13
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Assuming you're an Anglophone (English speaker) I would suggest you live downtown, on the west island, or to the west of Montreal. Anything east of downtown is very Francophone. North and South of the city are mixed.

I haven't been following the real estate market closely but it doesn't appear to be significantly down. Canada has avoided most of the collapse that's happening in the States.

Taxes are much lower off the island and the commute downtown isn't too bad (atleast compared with the commute in DC and Boston). Also housing prices are much cheaper off island. My wife and I bought our home 4 years ago and what be bought on Ile Perrot was in the low $200's while comparable places on island were $350k+,

I would suggest renting for at least your first year in the city. Buying in a market you don't know puts you at a disadvantage. Plus you might end up hating it here and moving somewhere else.

Overall it's a nice place to live. The hardest thing to get used to was the fact that most stores close early here (between 5 and 9 pm in most cases). There are extremely few 24 grocery stores which I greatly miss from when I lived south of the boarder.
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Old 10-20-2008, 09:45 AM   #14
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I hear Laval is really nice, from a lot of people.
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Old 10-20-2008, 10:28 AM   #15
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I moved from Toronto and haven't looked back...
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Old 10-20-2008, 10:36 AM   #16
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hopefully within a year i will be moving there also
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Old 10-20-2008, 10:44 AM   #17
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I always saw canada as pretty nice!
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Old 10-20-2008, 12:48 PM   #18
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Quote:
Originally Posted by NetRodent View Post
Assuming you're an Anglophone (English speaker) I would suggest you live downtown, on the west island, or to the west of Montreal. Anything east of downtown is very Francophone. North and South of the city are mixed.

I haven't been following the real estate market closely but it doesn't appear to be significantly down. Canada has avoided most of the collapse that's happening in the States.

Taxes are much lower off the island and the commute downtown isn't too bad (atleast compared with the commute in DC and Boston). Also housing prices are much cheaper off island. My wife and I bought our home 4 years ago and what be bought on Ile Perrot was in the low $200's while comparable places on island were $350k+,

I would suggest renting for at least your first year in the city. Buying in a market you don't know puts you at a disadvantage. Plus you might end up hating it here and moving somewhere else.

Overall it's a nice place to live. The hardest thing to get used to was the fact that most stores close early here (between 5 and 9 pm in most cases). There are extremely few 24 grocery stores which I greatly miss from when I lived south of the boarder.
Thanks for the info
I think renting first is the best way too, I thought that if the real estate market was down like here then it might be worth it to buy now, otherwise it will be rent and learn.
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Old 10-20-2008, 12:52 PM   #19
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Originally Posted by directfiesta View Post
You should fit well in Cote St-Luc.
I thought you were joking but according to wikipedia it might be a good fit
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