For Sale | Montreal Real Estate Blog

Condos for less than 100K?

Recently one of my readers asked me if there was still condos available for less than $100,000.
I don’t often come across properties within this price range, but for the sake of knowing what you can get for that price, I did a quick search and found that:

Homes for less than 100k are often mobile homes.
Condos are still available, but they are quite small and in need of major renovations.

The condos found under this criteria were mostly found on the east end (R.D.P/ P.A.T), some others in Ahuntsic and one in Côte-des-Neiges. Here is a compiled list of the properties available (PDF file), these properties are listed with different brokers.
Not all the properties have many images, but it gives you an idea of what you can get for that amount of money in today’s market.

Seven Years Later, Still For Sale

Abandoned building

As long as I can remember the area around Notre Dame Street and de la Montagne has been continually changing.
Fields were cleared up, condos were developed on the west, then on the east side, . Many years have gone by since all the construction began, and amazingly enough this guy still has his for sale sign.

If I am not mistaken, it has been about seven years, maybe even more, that this property has had that same old sign: FOR SALE OR FOR RENT.

Previously, they had tenants on the main floor. Now, they don’t even have that. The building looks empty, run down and abandoned.
Trying to get the scoop on the situation here, I made a few calls to the number posted. No luck. If it’s not busy, the answering machine picks up. So, what’s the deal here? Is it for sale or not? Is it available for rent?
Are they selling out to the next developer? I think that’s just it.