Square Benny: Green Condo Development in NDG.

An Environmentally friendly construction. Photo Source: McGill Immobilier When we think about green, we imagine trees, open air and nature. The words green development will make us envision a home community surrounded by gardens and trees, but we also think about eco-friendly housing: energy efficiency, recovered (recycled} construction materials, and all this we thought to be the way that … [Read more...]

Buying a New Condo: The Pros and Cons

You can buy a new condo from the developer before or during its construction and also before the condo corporation is formed. A developer may have some unsold units available after the condominium has been completed and registered. In some markets, the developer may wait to sell a large percentage of the units before registering the condo corporation or even starting construction, in the latter … [Read more...]

Montreal’s most expensive condo. Whoa!

As you already know, Montreal's first quarter market reports were released last week, and the average price of a condo is now $205,000, a 2% increase from last year. Well, a price like that won't get you much in Montreal's hottest spots. If the average price is 205k, what's the most expensive apartment for sale at this moment? We searched online for properties over 3 million in the metropolitan … [Read more...]

Condo Market Forecast: Montreal and Quebec City.

Genworth Report Image

Condo markets in Montreal and Quebec City will post moderate price growth through 2012, offering solid opportunities for first-time homebuyers and feed the need for accessible, affordable housing in Quebec, according to new data released today by Genworth Financial Canada, a subsidiary of Genworth Financial, Inc. (NYSE:GNW). Genworth's Winter 2008 Metropolitan Condominium Outlook reports that … [Read more...]

The right of undivided co-owners to exclude a potential buyer

The buying of undivided co-ownerships is getting more popular in Montreal, specially in the Plateau area. And it's quite understandable why. There are advantages over the divided co-ownership (condo), specially when talking about Condo fees. When buying the undivided, this is an important piece of information to have, both for real estate agents, as well as buyers: "A real estate broker or … [Read more...]

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