Although property here may seem like a screaming deal when seen through Vancouver eyes, half a million doesn’t go as far as it used to in Montreal.
I should have known better than to ask a Vancouver realtor how much half a million could get you in Lotusland these days.
“It’s pretty easy,” laughed MacDonald Realty broker Dan Scarrow. “It’s a one-bedroom condo. That’s what you can get for $500,000.”
To find a detached home at that price point, he said, a buyer would likely be driving an hour or more outside the city.
Scarrow, who ran a MacDonald Realty office in Shanghai for a while, said that although prices seem expensive to locals — especially since salaries have not gone up in pace with real estate prices — the reality is that Vancouver is no longer a “local” market; it is international.
“Real estate in global, more international cities, until about 10 to 15 years ago, was locally driven. Since then it has become a more global market, with people around the world comparing cities to other cities,” Scarrow said. “Locals always look at it in terms of the previous year’s pricing and they can’t make heads or tails of where these prices are coming from.”
The influx of cash from outside Canada has buoyed prices in Vancouver and Toronto beyond what many locals can afford, he said, yet international buyers keep coming because they have been to places that are much more expensive, he said.
To Scarrow, it looks like it may be Montreal’s turn now.
Scarrow’s office is now repping Montreal condo projects like Victoria-sur-le-Parc, YUL and One Square Phillips to buyers in Vancouver and Toronto as well as Shanghai. Real estate agents who work closely with condo investors have been flocking to Vancouver launch parties for Montreal condo projects like these, he said. The buyers they’re working with include both foreigners with property in Vancouver as well as bargain-hunting locals.
“We have a pretty mature investor clientele in Vancouver that are used to investing in presale condos, and I guess that market is just sort of starting in Montreal right now,” he said.
Although property here may seem like a screaming deal when seen through Vancouver eyes, half a million doesn’t go as far as it used to in Montreal. A Centris search reveals the options: lots of two-bedroom condos near downtown, a handyman special in NDG, plexes in the Sud-Ouest, Hochelaga-Maisonneuve or Ahuntsic.
Article released by Montreal Gazette. You can read the entire content by clicking HERE.
At Macdonald Realty, we’re proud to have a team of talented and experienced real estate agents who sell one of the best luxury listings currently available in the market.
Today we’re featuring a modern and unique farmhouse! This fantastic architectural masterpiece is everything you have imagined as a dream home. Perfectly situated on a private 6.23 acre, this south-facing residence has extraordinary landscape details including a dream kitchen, floor to ceiling solid copper fireplace and more.
Let’s take a tour and see how amazing this property is — listed under $6M by Emily Sandhack.
This cozy living room is the perfect space for lounging by the fireplace – sip a cup of hot chocolate on a cold winter day while you enjoy the peace and quiet. Read your favorite book or invite your friends over for a game night. Regardless of what you decide to do, this room surely radiates warmth as you hear the fire burning.
Don’t let another get together pass by as you prepare mom’s lasagna in the kitchen – those days are over! This open concept kitchen allows you to engage in a conversation without burning what’s in the oven. The natural colours of the cabinets with the minimalist décor welcome you as you entertain your family and friends.
Wine not? Never worry about wasting another bottle with this UV-controlled wine cellar.
Step out onto the massive green space and listen to birds chirping in the morning straight from the privacy of your own room. Embrace nature from every room and enjoy the dazzling sunlight all day long.
Need I say more? A piece of paradise in your own bathtub.
Ready to make this dream home yours? Click here for additional property details and request a private showing.
Macdonald Realty is proud to have been selected for membership inLuxury Portfolio International®, the luxury marketing division of Leading Real Estate Companies of the World™. Membership is awarded solely to brokerages like ours, with significant luxury market share and expertise in buying, selling and marketing high-end properties to today’s global affluent. Today the Luxury Portfolio International represents the largest global network of the most powerful, independent luxury firms.
Backed by Macdonald Realty’s 75 years’ experience in selling luxury real estate, and this partnership with Luxury Portfolio International®, Macdonald agents regularly market some of the most spectacular listings in BC.
Today we’re proud to profile 5 incredible luxury listings under $2 Million Dollars, currently on the market.
This spectacular West Coast design home offers incredible ocean and mountain views. This picturesque house offers incredible mountain & ocean views, surrounded by forest. Entirely updated and renovated to a high standard with design by Jamie Martin
Exceptionally beautiful home on a private and peaceful 4.94-acre land. Minutes from Spider Lake and a short drive to Qualicum Beach, this perfect house offers a balance of lawns, carefree perennial gardens, and mature, serene forest with two natural ponds.
Planned to incorporate the natural landscape into its design, this special Bluewater property is truly one-of-a-kind. The home is balanced across the creek that dissects the property and tumbles through the terraced gardens and meandering pathways, and past the mini orchard – complete with apple, pear, plum, fig and olive trees.
1700 North End Road / Salt Spring Island, BC, V8K 1C6 / $1,450,000
Comfortable custom-built country home on a singular 18-acre property just north of St. Mary Lake. This home sweet home offers a lovely sunny setting, abundant bird & wildlife viewing, + 3400 sf of gracious living space. Land is mostly wetland with some formal gardens and primarily easy-care landscaping.
Created by environmentally conscious owners, the “Eagle’s Perch” is nestled on private 10-acre land in beautiful rural Metchosin. Let the water & mountain views ‘wow’ you as you enter this spectacular property. Enjoy the abundance of natural sunlight and nature with indoor and outdoor living.
There is no doubt Vancouver is one of the most beautiful cities in the world. The city of West Vancouver is nestled between Burrard Inlet and the North Shore Mountains and offers city, water and mountain views from its many high-end neighbourhoods.
The lower mainland has also developed unique architectural and design styles that benefits from the natural beauty of our environment. Beautiful homes decorate the neighbourhoods and it’s not difficult to find prestigious design projects around town.
Today we’re bringing to the blog, this incredible property – a stunning, custom-built 5 bedroom home designed by Georgie Award Winner Marque Thompson.
Marque is the Principal of Design Marque Consulting Ltd and has won both silver and gold design awards at the Georgie Awards. He has been featured in countless design magazines and has completed more than 1,200 projects from small cottages to multi-million-dollar homes throughout Canada, United States, England and Singapore.
This home is situated on a large property with south-facing back gardens and beautiful views of the ocean, city and Stanley Park. As you walk through the front doors, you’ll find a modern, open-concept space, with 20’ ceilings in the living room.
The kitchen is equipped for family dinners and entertaining, featuring Wolf & Sub-Zero appliances.
Walkout on to a large covered heated deck, built-in BBQ, & outdoor gas fireplace. Perfect for entertaining on long summer nights.
The private master suite is a romantic escape with a fireplace and large deck from which to enjoy views.
Ready to make this dream home yours! Click here to request a private showing and view more property details.
School bells are buzzing all around the country and families everywhere are getting everything organized to ensure that their kids have a smooth transition from summertime to school time. We all know how crazy the back to school routine can get, so here we have prepared a few tips to help you to develop habits to improve your day-to-day responsibilities.
Create a Morning Routine Schedule
Your family’s back to school morning routine will determine the rest of the day. How to improve your morning to be a productive and pain-free time of day?
– Define a morning routine schedule with set times and who is responsible for what daily
– Prepare at night for the next morning: lunch bags, clothes, backpacks, breakfast – anything that can be prepared the night before is one less thing to do during the morning rush.
Plan the Lunch Bags
Think “out of the lunch box” and have your lunches ideas prepared ahead. You can try:
– Come up your lunch box plan the weekend before. Find great fresh lunch ideas here: momables.com
– Leave the kitchen clean and organized – you will need a lot of space to set out breakfast while packing the lunches and watching the kids.
Create Strategic Places
Sometimes it can be challenging to keep children organized. This is where establishing specific places where everything belongs in your home plays an essential role in your back to school routine.
You can create a homework station, for example, and also some designated spaces to backpacks, papers, projects, forms that need to be signed, etc.
Define a Bedtime
Bedtime is a significant part of the school routine. According to the National Sleep Foundation babies, children and teens need significantly more sleep than adults, as we can see in the table below:
Talk to your children about the importance of having a good night of sleep and try to create a comforting schedule for them that allows plenty of time for each step so they don’t feel rushed. Add storytime to create a moment of togetherness. Bedtime is one of the most challenging times for all families, don’t let perfect be the enemy of good and continue to work on it.
Your Ideal Home
As a real estate company, we can come up with lots of ideas about your ideal home, but only one is really essential when you have a school-age child: live as close as possible to your kids’ school.
A home that’s walking distance from your children’s school is a dream, especially for working parents. You can quickly drop off the kids on your way to the office, without having to worry as much about traffic or worry that you’ll be late to your important meeting at work.
Investing in a new home also means investing in a new community, and our team of expert real estate agents can introduce you to everything about the neighborhood you’ll potentially live-in – partner with an agent and find your dream home today.
Start by searching our listings here at www.macrealty.com – you can also explore the home details – as the example below, the general information, ask the agent to schedule a showing, save to your favourite list of homes, and more.
With so many wonderful homes listed by Macdonald Realty, it was difficult to choose a few to feature.
Let’s get inspired by these six sophisticated and inviting rooms we’ll never want to leave.
Bright & Blue Kitchen
Here is a clean & bright kitchen. The happy blue color invites us to stay here forever. The custom wood cabinetry is classic and we love the way it adds charm and sophistication to this fantastic space.
If there’s anything that can make us stop mid-scroll on Instagram or Facebook, it’s a well-designed living room with a touch of blue! There’re so many great little details here, like the blue cushions that don’t compete with the rest of the decor and this amazing fireplace. It is all clean, and the natural light brings this feeling of a cozy home.
We love when the color palette of a house works so seamlessly through the entire space. This combination of greys and wood tones gives this space a very warm look! The natural light coming through the window boosts all the tones and textures of the fabric and wood grain. The dining table is also gorgeous and these dark modern chairs bring a touch of classic decor to a contemporary space.
All the clean colours work very nicely with the white desk! We love the super soft rug draped across the chair. Accessories can make a big difference and can give a home character and personality. The bright floor and pale grey walls could give to this space an almost clinical look; however, everything in this room is perfect. So clean, so natural, so ready to work!
The neutral floors and walls really stand out! It’s simple and sophisticated at the same time. This beautiful bathroom has an open feel of a contemporary space. The bathtub adds charm to the everyday routine, with its minimalist yet functional style.