Montreal condos (Condominiums): Condos be found throughout Montreal
prices vary depending on location but with approximate prices ranging
from $125,000 to $450,000 with an average condo price of $250,000.
Owner has a deed for unit, has a separate mortgage, pays property
tax on the unit plus a percentage of the common areas and pays a monthly
maintenance fee. A board of directors governs the complex with the
owner having one vote. The condo owner has a fee simple absolute unrestricted
ownership and is individually responsible for property taxes and maintenance
fees. Use the sales price of condominiums with similar size, appeal,
age, neighborhood in Montreal, incurring similar maintenance fees,
etc. to determine market value. Ask owners in the complex what they
like and dislike about both the unit and the complex. How is its location
in the complex? Is it near downtown Montreal or will you have to commute?
Next to an access street, parking facility, pool? How good is the
sound proofing? End units and upper units generally sell for more
when sound comes into play. Look for units that are not adversely
affected by these factors. Stay away from predominantly rental condo
complexes in Montreal, those having more occupants that are renters.
They are often poorly maintained as absentee owners usually vote against
improvements and increases in maintenance fees. When buying condos
in Montreal, it is always good to ask many questions.
Montreal homes for sale (guide)
Montreal condos
Montreal lofts
Montreal resale homes
Montreal townhouses
Building a house in Montreal
Montreal new homes
Montreal luxury homes
Montreal duplexes
Montreal triplexes
Montreal investment property
Montreal residential real estate
(attached)
Montreal residential real estate
(detached)