Buying a condo in Old Montreal: a good investment

After the boom resulting from development of the Multimédia District, Old Montreal is now going through a housing boom and has gained the status of a city neighbourhood leading every trend. Buying here is a really good deal in many ways.

Old Montreal is bubbling with life. Following the advent of the Quartier international and several upmarket hotels – Le St-James, Place d’Armes, Intercontinental, Gault, to name but a few – it has benefited from a real facelift, but without losing an ounce of its architectural appeal.

Old Montreal is now more than a Canadian tourism showplace: it has become a model of the art of city living. It should be high on the list of anyone looking for a condo in Montreal – for several reasons:

The historical value of its buildings. As well as ensuring that your condo will keep its value and even appreciate, this character also impacts on new construction, since not just anything at all can be built in the “Old Town”: architectural quality is a basic criterion that developers have to meet.

A trendy place: Leading fashion designers’ boutiques, as well as wine bars like Aszú and fine restaurants – Le Local, Grange vin et bouffe, etc., – and high-class snack bars like Le Cartet and Olive et Gourmando can be found in the neighbourhood. You are within walking distance of the best places to eat in Montreal.

Quality of life. Close the door of your new home and walk around the Old Port, drop in to see a movie at the Imax, take in the Musée Pointe-à-Callière, or explore the Lachine Canal cycle path…whether you own a bike or not, since Bixi stations are just steps away.

A new class of “tuned-in” city dwellers. People like you are choosing Old Montreal as a destination for their return to downtown after years living in the suburbs, and as a way to hook up with Montrealers who have come from all parts of Europe and elsewhere, are retired or work downtown and…walk there.

The district is still changing and growing ever livelier: it will be the place to live during the 2010s. Will you be one of those people?

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