If you’re ready to purchase real estate, choosing where to invest can be a challenge. But fear not – we’ve done our research and found some gems for you to consider. Let’s dive into the exciting world of real estate in the beautiful Greater Montreal Area.
Laval
First up, we have Laval, a city brimming with investment potential. Did you know that it’s the 3rd largest city in the province of Quebec, after Montreal and Quebec City? With a population estimated at around 437,000, Laval offers both a thriving community and a prime location just north of the island. This highly developed city boasts all the amenities you could ask for, including a massive shopping center, hospitals, and reputable schools.
Now, let’s talk numbers. Laval has a wide range of real estate options, with single-family homes, condos, and duplexes all in high demand. Just be prepared for prices to be on the higher side due to the city’s popularity. Contrary to on-island real estate, Laval has yet to cool down from COVID, so make sure you carefully analyze the market before diving in.
Vaudreuil-Dorion
Next up is Vaudreuil-Dorion, a charming city nestled in the Montérégie region. Despite its modest population of around 43,000, Vaudreuil-Dorion offers some unique advantages. One of its biggest selling points is easy access to the Island of Montreal, with major highways like the 40 and 20 nearby. Plus, if you’re a shopaholic or a food enthusiast, you’ll find plenty of options just a short drive away.
Vaudreuil-Dorion may be small, but it’s growing fast. The city has a lot of potential for investment, especially with the development of a new hospital scheduled for completion in 2026. So, keep an eye on this up-and-coming location.
Brossard
Last but certainly not least, there’s Brossard. This highly developed city has it all, including excellent transportation options like the upcoming REM that will make commuting to Montreal a breeze. It also boasts top-notch healthcare facilities and express bus lines, Brossard is designed for convenience. That’s not to mention the access to beautiful parks and the renowned Dix30 shopping center, making it a haven for both residents and investors.
When it comes to real estate in Brossard, you’ll find a range of options, including single-family homes, condos, and duplexes. No matter your preference, budget, or investment goals, there’s something for everyone in this South Shore town.
The bottom line
Investing in the GMA might seem challenging due to sticker shock, but with cities like these offering incredible amenities, development opportunities, and easy access to Montreal, there’s so much potential just off-island. If you’re thinking of buying property, remember to do your due diligence, analyze the market, and consult with experts like us before making a move. We’ll be here to answer any questions you might have, so ask away!