Nubricks Blog - Important tips to remember when buying a condo in Montreal

Currency Exchange

If you're buying a property outside your own country, you'll probably need a currency exchange service - it's much cheaper than using your bank!

Find out more

Legal Services

Whether buying or selling, we strongly recommend that you use specialist, professional legal representation in any property transaction!

Find out more
06 Dec 2016

Important tips to remember when buying a condo in Montreal

Shopping for Montreal condos can be a little bit overwhelming. And, sometimes, you forget all the important reasons you are buying a condo in the first place. Here are of the things you need to remember before investing in real estate.

1. Find a real estate agent:

It’s always nice to have someone to look out for your best interest and to help you in your search for the best home. After all, it’s not easy looking for a good buy when there is a lot you have to choose from in a booming city like Montreal. Also, having someone by your side who knows what they’re doing makes everything so much easier.

2. Consider your usual destinations:

The whole point of living in a condo in the city is the convenience. You want to be able to go to work or establishments in the matter of a few minutes and come home just as easily. So, before buying a condo unit, consider its location. Is it near my office, the malls and the stores I frequent? Does it have good places to eat around it? Think about what your life would be like once you live there.

3. Know your neighborhood:

A big part of thinking about what your life would be like living in a condo is knowing the kind of neighbors you are going to have. If you are not nitpicky, then this may not be an important factor for you, but it would be a lot better if you are living alongside people with the same or a similar lifestyle to yours. You don’t want an older couple constantly complaining about your get togethers with friends, or to be complaining about younger neighbors’ noise.

4. Amenities

Ask about the condo’s amenities and if there are additional fees that you will have to pay for them. Buildings usually already have it included in your total bill, but it’s good to be sure. It’s also nice to know if you are going to be able to just go to the top floor to work out or swim instead of having to go out.

5. Research:

It will be helpful if you read up on the situation and state of development of the neighborhood you are moving into and how it will affect the value of your investment in the future.

6. Check the layout

Every building offers multiple layouts of units, so make sure you get to see other units before you decide on one because you might want something else. They may also vary in prices. Either way, it’s always good to have an option.

7. Consult the administration about any limitations:

At the end of the day, you have to follow rules and restrictions. Consult your condo’s administration before doing anything major to your place, like renovations and major decoration changes.

While life will significantly get more convenient when you invest in Montreal condos, you should always think of your preference and lifestyle needs. Always remember that condo living should be convenient, enjoyable and comfortable.
Category: Blog

Recent posts

Weekly Email Newsletter

Get great property deals every week!



© 2005-2013 The Overseas Property Blog. All Rights Reserved, 24 Jacks Place, Shoreditch London, E1 6NN, United Kingdom