All questions and answers strictly pertain to the area covered by this site.
True or false, the higher your condo sits in the building, the more its value tends to rise ? 2026-02-11
Not always true, the view is what adds value. Higher does not mean quieter plus elevators do not always cooperate, think of traffic and failures.
True/False: Are there residential condos on the market that are under 300 sq. ft.? 2026-02-11
True. Around Griffintown, about ten condos under 300 sq. ft. were sold, the smallest being 250 sq. ft.
Condos are shrinking in size. In 2025, condos of 750 sq. ft. or less accounted for what share of all sales: 15, 25, or 35%? 2026-02-10
35 %, affordability of course is the main factor.
Does the size of a condo significantly affect the price per square foot for a two-bedroom or smaller unit? ? 2026-02-06
True. Depending on the number of bedrooms, the price per square foot is 17% to 20% higher for a condo under 1,000 square feet.
Does a new condo (under 3 years old) sell for 5%, 10% or 20% more on average in the area targeted by this site? – 2026-02-05
The average is between 20–25% higher. The smaller the condo, the higher the premium, so for a first-time buyer or someone who does not plan to keep their condo for long, it’s something to think about carefully.
True or False: Does it takes longer to sell a condo depending on its price bracket ? (26-02-04)
False in most cases. In 2025, the market average was just over 60 days, regardless of the price bracket. However, there is one major exception: properties listed at $1.5M+. These high-end condos take an average of 50% longer to sell, or about 95 days. Patience is especially key if your $1.5M+ property is in Old Montreal (176 days) or Griffintown (129 days).
True or False: Does a panoramic view increase a condo's value by at least 10%? (26-02-03)
False. It all depends on the location. While a view is a major asset, the "view premium" varies wildly by neighborhood. Over the last 12 months, comparing 1-2 bedroom condos with parking:
Griffintown: Average premium of 7.6%.
Old Montreal: Premium jumps to 24%.
Nuns' Island: Peaks at a staggering 38%.
The average premium across our entire territory is 21%.
In 2025, which neighborhood is slower to sell a condo: <1,000 sq. ft., with a garage, and no particular view? (26-02-02)
Choices: (Griffintown, Nuns' Island, Pointe-Saint-Charles, Old Montreal)
Old Montreal, average sell time 83 days against 47 for the balance of the neighborhoods. Old Montreal offers prime luxury real estate but you have to be a little more patient.
All statistics are derived from real data from Centris® and apply only to the territory covered by this site.
True or false: the higher your condo sits in the building, the more its value tends to rise ? 2026-02-12
Not always true, the view is what adds value. Higher does not mean quieter plus elevators do not always cooperate, think of traffic and failures