Thursday, February 28, 2008

Montreal Real Estate

Montreal continues to be beaten - badly - by the off-island suburbs. Young families and many of the most promising would-be taxpayers are hauling their stuff off island. The reason is simple. You can save a lot of money by living out there where the air is fresh and parking is never an issue.

The average cost for a condo in Montreal last year was $241,000 while it was $175,000 in Laval. The average on-island home was $357,000, compared to $236,000 in Laval. The numbers were similar in the other off-island suburbs.

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