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Montreal Neighborhoods Ranked By 5-Year Real Estate Appreciation Rates

Which areas have seen the biggest 5-year price growth for single family homes, condos and 'plexes?

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Choosing an area with a strong appreciation rate is an important way of building equity over the long run. If you buy a home or investment property at $400,000 and the home appreciates at a rate of 5% annually, you will have grown your equity by $20,000 a year, or $110,512 over five years.


TL;DR: Ville Marie (Downtown and Old Montreal) recorded the biggest 5-year price increase for single family homes. The South West recorded the highest appreciation rates for condos, and the Plateau ranked first place for ‘plexes.


We’ve ranked the boroughs in the Montreal area according to price growth over the past 5 years. This data is based on Centris statistics published in the FCIQ barometer, ending in the fourth quarter of 2018.

Montreal Island 5 year appreciation rates (average):

  • Single family homes: 31%
  • Condos: 19%
  • Plexes: 24%

Ville Marie

  • Single family homes: 50%
  • Condos: 26%
  • Plexes: 33%

Rosemont

  • Single family homes: 47%
  • Condos: 20%
  • Plexes: 27%

Villeray

  • Single family homes: 43%
  • Condos: 26%
  • Plexes: 20%

Centre

  • Single family homes: 41%
  • Condos: 16%
  • Plexes: 23%

Plateau

  • Single family homes: 40%
  • Condos: 17%
  • Plexes: 41%

West Island South

  • Single family homes: 40%
  • Condos: 13%
  • Plexes: –

Nun’s Island

  • Single family homes: 39%
  • Condos: 14%
  • Plexes: –

South West

  • Single family homes: 37%
  • Condos: 27%
  • Plexes: 35%

NDG / Montreal Ouest

  • Single family homes: 35%
  • Condos: 22%
  • Plexes: 18%

CDN / CSL

  • Single family homes: 28%
  • Condos: 21%
  • Plexes: 27%

West Island North

  • Single family homes: 26%
  • Condos: 20%
  • Plexes: 11%

Lachine / Lasalle

  • Single family homes: 26%
  • Condos: 8%
  • Plexes: 22%

Ahuntsic Cartierville

  • Single family homes: 23%
  • Condos: 10%
  • Plexes: 20%

Saint Laurent

  • Single family homes: 19%
  • Condos: 14%
  • Plexes: 9%

Hochelaga-Maisonneuve

  • Single family homes: 15%
  • Condos: 11%
  • Plexes: 22%

Laval

  • Single family homes: 15%
  • Condos: 15%
  • Plexes: 18%

Montreal East

  • Single family homes: 12%
  • Condos: 3%
  • Plexes: 15%

Montreal North

  • Single family homes: 10%
  • Condos: -7%
  • Plexes: 12%

Anjou

  • Single family homes: 7%
  • Condos: 5%
  • Plexes: 13%

Top 3 for Single Family Homes

  • Ville Marie: 50%
  • Rosemont: 47%
  • Villeray: 43%

Top 3 for Condominiums

  • South West (27%)
  • Ville Marie (26%)
  • Villeray (26%)

Top 3 for Plexes

  • Plateau (41%)
  • South West (35%)
  • Ville Marie (33%)

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This article, Montreal Neighborhoods Ranked By 5-Year Real Estate Appreciation Rates, appeared first on Shupilov News.

 

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