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Montreal Neighborhoods Where Condos Appreciated More Than Houses

In 2018 condominiums performed better than single family homes in 7 Montreal boroughs. 

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In general, single family homes see higher appreciation rates compared to condominiums. Appreciation rate is the rate at which a property grows in value. In 2018 (Q3) condominiums performed better than single family homes in 7 Montreal boroughs.

1. Ahuntsic Cartierville

  • Average condo price: $255,000
  • Condo appreciation (2018): 11%
  • Single family home appreciation: 6%

2. Dollard des Ormeaux

  • Average condo price: $255,000
  • Condo appreciation (2018): 10%
  • Single family home appreciation: 9%

3. Lachine

  • Average condo price: $257,500
  • Condo appreciation (2018): 10%
  • Single family home appreciation: 2%

4. Mont Royal

  • Average condo price: $420,000
  • Condo appreciation (2018): 21%
  • Single family home appreciation: 13%

5. Ahuntsic Cartierville

  • Average condo price: $255,000
  • Condo appreciation (2018): 11%
  • Single family home appreciation: 6%

6. Verdun / Ile des Soeurs

  • Average condo price: $359,000
  • Condo appreciation (2018): 7%
  • Single family home appreciation: -10%

7. Westmount

  • Average condo price: $645,000
  • Condo appreciation (2018): 12%
  • Single family home appreciation: 8%

Thinking of buying a condo in 2019? Let us know what you’re looking for.

 

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