When it comes to the size of the properties currently available to property investors in this neighbourhood, they tend to have the average number of bedrooms than the most commonly available across the nation.
As one of Quebec’s many potential real estate investment neighbourhoods, Mont-Royal 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.
Because the amount of real estate listed for sale has stayed the same it looks like housing market forces in neighbourhood are likely to not necessarily affect house prices.
Mont-Royal was Canada’s 490th most expensive suburb by listed median house price this month.
The $217,512 price tag on the median Mont-Royal home means that it is about average price.
In province, the most common property on the listings this month has 2 bedrooms, in this neighbourhood it’s 1.
Across Quebec Mont-Royal has the 268th most properties on offer with 453.
It’s never an exact art, but to try to forecast how property is going to appreciate in Mont-Royal for investors, it’s important to look at data like:
If you are looking at investment properties in Mont-Royal, then there are more homes for sale than there were three months ago. This would indicate that house prices will be influencing it towards being a buyers.