Real estate in {acf_entite_nom}
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Which way is the market leaning in {acf_entite_nom}?
I patrolled Ville-Marie for nearly 15 years as a police officer: it’s a borough I know inside out, and I’d rather talk about it honestly. Ville-Marie is full of contrasts: the great wealth of the Golden Square Mile sits next to downtown’s social issues, gentrification moves forward street by street, and homelessness is part of the landscape. That’s the reality of a downtown. You have to be comfortable with that, but in return you get an unmatched central location, with work, culture and services within walking distance, and a few still-affordable areas that make the whole package very appealing. My role is to tell you frankly which area, and sometimes which street, fits your plans and your taste for dense city living.
Market-wise, Ville-Marie is the heart of Montreal: Old Montreal and its cobblestones, downtown, the Quartier des Spectacles, the Village. Condos dominate by far, and each area follows its own logic: the rare loft in Old Montreal isn’t read the same way as the new downtown tower or the Village plex. It’s the most liquid borough on the island, with the highest volume of condo sales, but also the most sensitive to cycles: when the market slows, this is where selling times stretch the most. Hence the importance of valuing a property area by area.
The {acf_entite_nom} market ·
Copropriété
{acf_entite_nom} compared to the Island
Trend
Sectors in {acf_entite_nom}
Downtown
Downtown is a very dense area, with new condo towers, strong rental demand and a student and professional population, from McGill to Concordia. The RÉSO, the underground city, links many services out of the winter weather. Supply is plentiful, and buyers have room to compare and negotiate.
Old Montreal
Old Montreal is the city’s historic heart, with cobblestone streets and heritage buildings converted into luxury condos, lofts and boutique hotels. Its high-end condo market rests on character, scarcity and proximity to the Old Port.
The Golden Square Mile
The Golden Square Mile, at the foot of Mount Royal, has old mansions, high-end condos and prestige addresses, near McGill University, Sherbrooke Street and the Montreal Museum of Fine Arts. Supply is scarce there, and prices are high and stable.
The Village
The Village, along Sainte-Catherine Street East, is the heart of Montreal’s LGBTQ+ community. Its plexes, lofts and condos are more affordable than in the west of the borough, and Sainte-Catherine Street goes pedestrian-only there in summer.
Sainte-Marie and Centre-Sud
Sainte-Marie and Centre-Sud make up the east of the borough, more working-class and changing, with workers’ plexes, housing co-ops and new condos around Ontario Street and the old Faubourg à m’lasse. It is Ville-Marie’s most affordable area, within walking distance of the Village and downtown, and the redevelopment of the Radio-Canada site is drawing new projects.
Cité du Multimédia
The Cité du Multimédia, between Old Montreal, Griffintown and downtown, is a former industrial area turned tech hub, then residential, with factory lofts and condos in old brick buildings near the river. The area is quiet in the evening and within walking distance of the Old Port.
Cité du Havre
The Cité du Havre is a narrow peninsula between the Old Port and the river, known for Habitat 67, the architectural icon of Expo 67. This exclusive, low-density residential area has views of the water and downtown, and direct access to Parc Jean-Drapeau. It is away from the metro, and supply is very limited.
Neighbourhood profile
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Frequently asked questions — real estate in {acf_entite_nom}
What is it like to live in Ville-Marie, Montreal?
Ville-Marie, in Montreal, includes downtown and Old Montreal, where high-rise condos dominate. You have the green, orange and yellow metro lines, along with Central Station, served by the REM and commuter trains. Mount Royal Park, the Old Port, Dorchester Square and Parc Jean-Drapeau are its main public spaces.
Which real estate broker should I choose in Ville-Marie?
In Ville-Marie, Montreal, choose a broker who recommends a price to you based on comparable sales in your area, and sometimes on your street. David Tardif has known the borough since his years on patrol as a police officer. See the team’s brokers who work in Ville-Marie.
Nearby neighbourhoods
Get updates on the market in {acf_entite_nom}
A question about the {acf_entite_nom} market? Speak with David Tardif, real estate broker (OACIQ)
David Tardif
Sources: Centris data, compiled by “Endurance Groupe Immobilier par Tardif”. No APCIQ / Barometer data is reproduced. The Tardif Index complements the Centris HPI and APCIQ statistics. Full methodology: enduranceimmobilier.com/indice-tardif/methodologie.