Any real estate purchase anywhere, whether intended as a primary
residence, a holiday home, or as a buy-to-rent is an investment.
In some cases, the investment part is the main focus, and in
others, it being a good investment is preferred, but secondary
to liking the property.
Either way, as buyers and clients
of the Downtown Realty Team, you will be informed of the market
value of the property you wish to purchase. Sometimes, the
nicests property isn't the best investment, and thats fine, but
it is only fair that you should be an informed buyer.
This page is to focus on the value aspect of a real estate
purchase in Downtown Montreal regardless of its intended use.
1. Shop smart: New construction prices are
usually set between $3,000 and $5,000 more per floor but this
rarely reflects market value. Buy-in early after the building is
finished on the lower floors to increase the chances of a good
2. Think family: A
primary residence is not taxed in Quebec, so if you already own
a home, try to put someone else on the deed to ensure they don't
pay any capital gains taxes when they sell.
informed: Request that you see what the latest sales
for similar properties are in the area and preferably in the