
Buying a condo is more complicated than choosing an apartment to rent. How do you successfully complete this project and ensure that you have acquired a profitable investment? Here are five useful guidelines from habiter.com.

Buying a condo is more complicated than choosing an apartment to rent. How do you successfully complete this project and ensure that you have acquired a profitable investment? Here are five useful guidelines from habiter.com.
Montréal is fortunate to have escaped most effects of the American real estate crisis. More than ever, a condo in Montréal is a prime investment.
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As numbers of residents and workers take off, Old Montréal has become an ideal place to set up service and neighbourhood businesses. If you’re thinking about establishing a business, what are you waiting for?
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People buying condos in Montréal are not always the young “in” folks we see in the ads. Often, they are 50 and up, representing key new players in city living.
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Between Griffintown and the Peel Basin, the little streets making up Montréal’s old industrial heart are looking forward to a wonderful future with the impending redevelopment of the Bonaventure Expressway. This is a real wake-up call for investors!
Buying a condo or setting up your business before the work gets under way could be a very lucrative investment.

After the boom resulting from development of the Multimédia District, Old Montréal is now going through a housing boom and has gained the status of a city neighbourhood leading every trend. Buying here is a really good deal in many ways.
Développements held the sod-turning ceremony for M9 Phase 2 June 11, a major real-estate project that has been creating positive buzz for months. The hypermodern development, which features eye-catching architecture and a seamless combination of condo comfort and stimulating urban environment, will help revitalize an area that will soon be one of Montréal’s trendiest neighbourhoods. M9 contributes to the revitalization of the area around the Bonaventure Autoroute, between downtown, the Lachine Canal and Griffintown. “I think we were among the first to believe in the enormous potential of this area, which is close to downtown and the river, and will get a big boost from the rebuilding of the Bonaventure Autoroute. M9 residents will be a stone’s throw away from all the offices, shops, hotels, green spaces and cultural attractions that keep the pulse of the city beating, making M9 an ideal place for any life project, from doing business to starting a family,” says Stéphane Côté President of Développement McGill.
Since it was announced slightly more than a year ago, Phase 2 of the project (there will be 4 phases in all) has earned kudos for its dynamic, avant-garde architecture, designed by Sid Lee Architecture (formerly knowned as Nomade). Buyers have clearly been impressed by the quality of the plan: 34 units have already been sold, even before the sod-turning ceremony. Residential and commercial units are still up for sale.
For more information on the project, call 514 947-5597 and visit Développement McGill
or Montreal Condo Projects M9.