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Neighbourhood Watch: St Henri

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Saint-Henri is part of the Saint-Henri–Petite-Bourgogne–Pointe-Saint- Charles municipal district, a borough with a strong industrial heritage. It was originally a French Canadian, Irish and working class neighbourhood. Back in the day, it was known for its leather tanning industry and for its docking ports. In fact it was historically known as ‘Les Tanneries,” due to the large number of leather artisans that had set up shop along Notre Dame street. In recent years the neighbourhood has been transformed and developed, as its peaceful residential streets, dynamic entertainments/recreational options and proximity to the Downtown core make it an extremely attractive area to live in. 

What are the demographics of St Henri’s residents?

The total population in St Henri is: 15,810 people.
Youth (0 to 14 years): 11.8%
Seniors (65 and over): 10.3%
People living alone: 26.3%
Single-parent families: 50.0%

The age cohorts are:
0-14: 15.4%
15 – 24 ans: 13,2 %
25 – 34 ans: 17,1 %
35 – 64 ans: 41,3 %
65-79: 9.5%
80+ : 3.5%

Languages:
English Only: 11%”
French Only: 33%”
Bilingual: 54%”
Neither: 2%!

Source: Statistics Canada

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Local Recreational Attractions:


Atwater Market: Eat at the food stands, sample local delicacies, stock up on fresh produce, and buy potted plants for your new home.
Lachine Canal: Great for picnics, kayaking, jogging, or yoga.
Antique Strip: Browse through Montreal’s most famous antique stores on Notre Dame street.
Sir George Étienne Cartier Park: For down time and relaxation.
Arsenal Gallery: Contemporary art in a typical industrial setting.
Parisian Laundry: A very unique contemporary art space.
Corona Theatre: For concerts and music events.

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Why invest in St Henri?

St Henri is a dynamic and thriving residential district that is skyrocketing in value over time. Compared to the previous decade, real estate prices have shown a sharp increase both in terms of rentals and sales prices, with no indication that either have reached a plateau. As investments, condos bought in this area are relatively easy to rent out and thus hold on to for several years. Its proximity to downtown makes it an attractive option for young professionals and others working in the Old Port, Business district and the urban core. And its abundance of parks, tree lined streets, and canal-side biking/jogging paths make it a much-loved neighbourhood amongst those who appreciate the outdoors.

Sales prices range from $350,000 upwards for a (decent) 2 bedroom condo.
Rental prices vary, but you can expect to receive anywhere between $1500 and $2500 a month for a fully furnished rental in this area.

 

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