Buying a condo near the bonaventure expressway: a good deal?

Between Griffintown and the Peel Basin, the little streets making up Montreal’s old industrial heart are looking forward to a wonderful future with the impending redevelopment of the Bonaventure Expressway. This is a real wake-up call for investors!

Buying a condo or setting up your business before the work gets under way could be a very lucrative investment.

Following redevelopment of the Peel Basin and creation of the Quartier international just west of the Faubourg-des-Récollets, urban planners are now targeting the Bonaventure Expressway. This is great news, since Montreal’s busiest access route deserves better than the concrete pillars of this section dating back to Expo 67.

For condo buyers as well as Montreal real estate developers, the neighbourhood around the Bonaventure Expressway is already creating tremendous interest.

How will our familiar old expressway be transformed? If the project goes ahead as planned, it will become an urban boulevard, a bit like McGill College Avenue or the area around the Quartier international. New buildings, boutiques and stores and a whole downtown community will be born. Residents and business owners will enjoy new green spaces and pathways as well as new transit routes, all part of the development launched by La Société du Havre.

The Quartier international and Multimédia District are close by and outstanding architects have already produced designs reflecting Montreal’s flair and creative genius, such as the Cognicase Building, Duke Street, the Autodesk building and de la Commune Street, and successful new residential and commercial projects like M9 by Sid Lee Architecture, on the corner of Prince and Wellington streets.

Further clues that should spur investors: fine restaurants whose reputations are spreading by word of mouth, fashion and design boutiques attracting sophisticated Montrealers of all ages, whose addresses are still unfamiliar but will become well known – all are being drawn to this district.

For investors as well as individuals looking for a condo in Montreal, the future Bonaventure Boulevard as well as Brennan, Duke, Queen and Wellington streets and the surrounding area are a district you must explore…so don’t wait any longer!