Montreal is known for it’s rent controls but with sky-rocketing house prices, what if you’re looking to buy on a budget?
A 30-year mortgage on a $100,000 property with a 5 per cent down payment will set you back about $430 a month.
Here’s a quick peek at what’s currently available on the market.
$99,000: This tastefully renovated one-bedroom, 358-square-foot condo in Chomedy, Laval includes outdoor parking, air conditioning, washer, dryer and access to an on-site in-ground pool.
$99,000: A cute, open plan one-bedroom basement apartment in Riviere-des-Prairies/Pointe-aux-Trembles with nearly 574 square feet of decent-sized rooms.
$99,000: This 578-square-foot one-bedroom condo on the first floor of a 60s high-rise apartment building in Ahuntsic-Cartierville offers superior soundproofing in a sought-after area.
$99,000: This four-bedroom, 3740 square foot detached bungalow in Beauharnois includes a great built-in kitchen, wood-burning stove and hot tub.
$80,000: This rustic two-bedroom cottage on the Île aux Chèvres is heated with a wood stove and accessed by boat or via ice during the winter.
$75 000: “Ideal for an artist” this bijoux one-bedroom apartment above a row of shops in an up-and-coming area along Ste. Catherine Street East in Mercier/Hochelaga-Maisonneuve.
$69,900: Sweet one-bedroom house with a septic tank on a 23,221-square-foot lot in Calixa-Lavallée, an off-island suburb of Montreal.
$60,900: Newly renovated one-bedroom mobile home in Saint-Hubert in Longueuil features wooden floors, a fenced yard and electric baseboard units.
$54,900: “Pretty well-maintained” two-bedroom mobile home with a newly renovated bathroom in L’Île-Bizard.
$39,000: Location, location, location! This one-room condo in the heart of the city measures 7’5″ x 18′ and features a cement floor.
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