Here's what $500,000 will get you in neighbourhoods across Montreal

The price of Montreal homes has steadily increased since 2019. This seems to be the case with other large Canadian cities as well.

• See also:
  • • Here’s what a $1M home looks like compared to other Montreal boroughs (PHOTOS)
    • Canada’s housing market “comin’ down the mountain” into “correction”
    • You need to make more than $100K to afford an average Montreal house

According to the  Quebec Professional Association of Real Estate Brokers (QPAREB), the median sales price for a single-family home in Montreal saw a 29% rise, with average prices hovering over $500,000. A similar pattern is present for condos in the city, whose prices have gone up by 20%.

And while half a million dollars used to get you a lot more, it can still get you a lot. There are plenty of condos, townhouses, and family homes available around the city for less than that.

Here’s a list of some great properties for under $500,000 in neighbourhoods around Montreal.

Ville Marie – 1976, Rue Sherbrooke Est

 

 

 

 

 

 

 

 

 

 

• $479,000
• Three-bedroom
• One bathroom
• 1,350 sqft

Lachine – Avenue George-V, apt. 501

• $384,000
• Two-bedroom
• Two-bathroom
• 930 sqft

Anjou – 5862, Avenue Azilda

• $449,000
• Four-bedroom
• Two-bathroom
• 3,613 sqft

LaSalle – 164, Rue Stinson

• $495,000
• Three-bedroom
• One bathroom
• 5,641 sqft

Pierrefonds-Roxboro – 14802 Rue Labelle

• $450,000
• Three-bedroom
• One bathroom
• 6,269 sqft

Verdun – 535 Rue Gibbons, apt. 6,

• $425,000
• Two-bedroom
• One bathroom
• 825 sqft

Le Plateau – 333 Rue Sherbrooke Est, apt. M2-212

• $495,000
• One-bedroom
• One bathroom
• 745 sqft

Griffintown – 1222 Rue des Bassins, apt. 1003

• $299,000
• One-bedroom
• One bathroom
• 353 sqft

Mont Royal – 2375 Avenue Ekers, apt. 200

• $499,000
• Two-bedroom
• One bathroom
• 914 sqft

Outremont – 1085 Avenue Pratt, apt. 207

• $398,000
• One-bedroom
• One bathroom
• 716 sqft