There’s a section of Ville St Laurent that houses some large luxurious homes. To get a sneek peek, check out this video by German Korb
This is a newly built expensive neighborhood in Montreal, called New Saint-Laurent, in QC, Canada. Suggest me an expensive neighborhood to film and I might make a video for you. Thank you for watching!
Here in Montreal, it’s true, we never experienced the real estate boom that the Ontario and Vancouver markets enjoyed for many consecutive years. Now with the Canadian dollar being so weak against the U.S. Greenback, Montreal real estate prices are looking very attractive to foreign investors and out of town buyers. When Canada’s currency regains it’s strength, prescient buyers will be enjoying their gains because even if they do nothing, they will be benefitting from a significant purchase discount. It’s nice to see Montreal finally getting some attention over the other provinces.
Let’s compare and see what could be purchased with a budget of five hundred thousand dollars across Toronto, Vancouver and Montreal. In Toronto, five hundred thousand doesn’t buy you much, to get an idea, here’s a blog post from BLOGTO. The Vancouver market has skyrocketed even more, Vancitybuzz gives us an idea of what the market looks like there. , For a more general comparison across Canada, this is what five hundred thousand buys you across Canada. Last but not least, in Montreal, five hundred thousand dollars buys you a really nice two bedroom condo, within some of the many great neighborhoods in Montreal.
This is an interesting article just published by Blue and Green;
Is It a Good Time to Buy a Condo in Montreal?
Outsiders have long been drawn into the old-world charm and sophistication of Montreal. As the biggest city in Quebec, Montreal has one of the most culturally diverse populations in the country. It’s also been recognized by UNESCO as a City of Design with its mix of art, history and culture.
To learn more about some great buys in our Montreal real estate market, connect with me at email@example.com, or give me a shout out on Twitter @bonniegmg
The Winners of the eVolo Skyscraper Competition Show the Future of Architecture via Architectural Digest
Cover photo by MMT
The Winners of the eVolo Skyscraper Competition Show an Ambitious Vision for the Future of Architecture | Architectural Digest
Second place went to “The Hive,” a project that imagines a skyscraper made exclusively for drones, providing urban dwellers with no residential benefits and serving only personal and commercial functions. Rounding out the top honors, the third prize was awarded to a duo from from Italy for their project, “Data Tower.”
Great article by the Huffington Post on what’s going on across Canada in Real Estate. Very good news for La Belle Province! Read the article to learn more….
Low interest rates. Foreign investment. A slumping Canadian dollar. Those are just three factors driving housing markets across Canada, particularly Toronto and Vancouver. But real estate firm Royal LePage is adding one more driver to the list: an exodus of workers fleeing Alberta’s slumping economy. Condos along Vancouver’s False Creek.
Via Morgan Stanley’s INSTITUTE FOR SUSTAINABLE INVESTING.
Did you know that new green technology could boost asset values of US office buildings by as much as $35 billion. I’m curious as to what the projection would be for the Canadian market, but I’m sure it’s significant. According to their recent report, sustainable technologies can cut a buildings annual expenses anywhere from 3 – 30%.
“These savings can potentially add $3.5 billion-$34.9 billion2 of asset value in the 10 largest US commercial real-estate markets. The report details the yearly utility savings in each of those 10 US cities, which can range from $32 million in Philadelphia to $239 million in New York. That potentially adds $489 million to $4.8 billion of asset value.” -Institue for Sustainable Investing
Take this example provided by the Institute:
Cost Before Retrofit
Cost After Retrofit
Improved Occupancy Rates
Improved Net Operating Income
$777,559 ($3.11 per sq ft)
Added Asset Value3
$14.1 million ($56.55 per sq ft)
1 “Green Retrofitting Costs and Benefits: A New Research Agenda”, National University of Singapore and Institute of Real Estate Studies, 2011; accessed on 1/26/2016).
2 Calculated by the Morgan Stanley Real Estate Investing Team (MSREI) using BOMA Experience Exchange Reports, CBRE market inventory data, and Real Capital Analytics market valuations.
3 Calculated by the MSREI team using BOMA Experience Exchange Reports.
Check out the Morgan Stanley Institute For Sustainable Investing Report – Bricks, Mortar and Carbon
Enjoy this TEDTALK by Adam Grant on The Suprising Habits of Original Thinkers;
How do creative people come up with great ideas? Organizational psychologist Adam Grant studies “originals”: thinkers who dream up new ideas and take action to put them into the world. In this talk, learn three unexpected habits of originals — including embracing failure. “The greatest originals are the ones who fail the most, because they’re the ones who try the most,” Grant says. “You need a lot of bad ideas in order to get a few good ones.”
I thought I would share this great TEDTALK, – get beyond your self doubt, fear, and failure!
Top 10 Cities for Luxury Real Estate via askavenue, a new and interesting platform in the real estate business, providing consumers in the U.S. with free realtor advice. Read the article here
Another informative and important report by PWC that will help you identify the strong and weak spots in our Canadian real estate market. Which asset classes are expected to best perform in 2016 and what are the emerging trends for 2016,
Photo by David Rennet Home Design