27 Nov Town of Mont Royal A Jewel Of A Neighborhood
Town of Mont Royal A Jewel Of A Neighborhood
Town of Mont Royal a jewel of a neighborhood, often falls under the radar when it comes to desirable neighborhoods! This small quartier is almost a little island unto itself. This quaint town lies in the heart of central Montreal. Often referred to as TMR for short, this area is primarily residential but offers great shopping close by. Location wise, it’s super. There are good schools and plenty of green spaces and small parks.
The houses, though not inexpensive, are charming with lots of character as most are not new constructions. There are condo developments, but not an over abundance. A recent article in Moneysense reported these stats on Town of Mont Royal:
Area: 12 : Centre
Average home price (2016): $1,218,582
3-year price change: 21.9%
Realtor grade (out of 5): ★★★★”
What really stands out here is the 3 – year appreciation value of a whopping 21.9%! This area certainly seems to be holding and growing in value..
See the kind of homes found in the best Montreal neighbourhoods to buy real estate in. Ranked based on value, momentum and more.