For many, becoming the owner of a single family home in Montreal is an unrealistic goal. In fact, the exponential rise in prices in the metropolitan area over the past years has forced a number of buyers to abandon their dream of being able to one day combine family and urban life. Recently, however, thanks to the revitalization in the less central neighbourhoods, this scenario has started to change!
Pointe-Saint-Charles: A new real estate paradise in Montréal
This is indeed the case for Pointe-Saint-Charles, which has witnessed great real estate development over the past few years. This former Irish working-class district, nestled between the Lachine Canal, the Canadian National Railway yard, and Highway 15, is attracting more and more buyers. In search of a rare architectural jewel, several of them are renovating houses that have been greatly neglected.
With different public transportation options (Charlevoix metro station, bus lines), downtown Montreal located only 7 minutes away by car, access to the Lachine Canal and major highways, as well as developing businesses in the area (cafés, restaurants, shops), it is not surprising that PSC has become a favorite for investors.
Renovations, real estate projects, flipping properties… PSC is changing
Pointe-Saint-Charles has great potential. Renovation projects, new condo constructions, and good business opportunities arising from sometimes risky property flippings are only some of the many options to choose from. The audacious and innovative properties currently seen in the neighborhood testify to the vitality of this real estate area. Will you be able to make the most of it?