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.