Across the country as a whole, Saint-Gérard-Majella is in the cheapest 20% when all of Canada’s suburbs are listed in order of real estate listing prices.
While the median for Quebec is $252,450 , which means that Saint-Gérard-Majella’s median price is $127,450 a lot lower than the rest of the province.
In province, the most common property on the listings this month has 3 bedrooms, in this neighbourhood it’s 5.
From our data, it appears that neighbourhood is number 4155th when comparing neighbourhoods by the number of properties available to investors across the nation, putting it in the lowest 10 percent.
Can we guarantee how well Saint-Gérard-Majella is going to do next year? No, but we can look at the data we have and use it as a starting point before doing research.
The amount of homes for sale in neighbourhood has stayed the same over the last three months – this means that supply and demand economics would mean that the pressure on house prices has also remained constant.
As one of Quebec’s many potential real estate investment neighbourhoods, Saint-Gérard-Majella needs to be carefully researched before investing in – and remember to check especially the locations within an area before spending - the old estate agent’s mantra of location, location, location has never lost its importance.
It’s always hard to tell what property prices will do over the coming months, but over the last three months the properties available for purchase in Saint-Gérard-Majella have stayed pretty much the same which would tend to indicate that demand is steady.