Good time to buy Montreal real estate?

[henri007]

What taxes are due on the purchase or sale of a house or condo in Montreal? Is there a different tax treatment for a house vs. a condo vs. a co-op?

same for condos and residential house: if you buy, just pay welcome tax, which is calculated here http://equipemckenzie.com/en/tools/welcome-tax-calculator/
when sell condo or house, if you live in the property for more than 2 years, you pay no tax, if you don’t live there, it is counted as rented unit (even you don’t rent, give it to your sugar baby, to family members), and you pay tax on the capital gain.

 

[henri007]

CMHC Suggests Worst-Case Scenario of Nearly 50% Drop in Housing Prices https://torontostoreys.com/cmhc-presents-50-drop-housing-prices-2030/

 

[jmioffe]

Lifestyle-friendly Real Estate in Montreal: 'Plexes, High-Rises, SFHs, What Else?

I'm a client considering buying a place in the city. I really like the 'plexes in the Plateau, but they're not the best for this lifestyle, are they?

I know some girls live in the Plateau, and one of the appeals of living in a 'plex is the neighborhood feeling -- which means everyone knows everyone else and is (somewhat) in everyone's business. Or at least the whole street can see who's going in and out of your place from their porches.

I guess the anonymity of those modern high-rises in a place like Little Burgundy / St. Henri would be better, no?

I'd be curious to hear from clients and girls who do outcall. Do you ever go out/host at single family homes in the suburbs? Is a downtown high-rise better for the lifestyle? Do you hate going to or receiving people in a 'plex? I've seen some indys do it in Hochelaga, I imagine it might be a little weird. I suppose the higher the floor, the more obvious, too, no?

What about people not even in the lifestyle? Is it easier to see who's a player or slutty living in a 'plex neighborhood?

 

[wetnose]

Lifestyle-friendly Real Estate in Montreal: 'Plexes, High-Rises, SFHs, What Else?

I'm a client considering buying a place in the city. I really like the 'plexes in the Plateau, but they're not the best for this lifestyle, are they?

What about people not even in the lifestyle? Is it easier to see who's a player or slutty living in a 'plex neighborhood?

Was working from home for a 2 month stretch and had a window seat to the front doors of the plexes in my hood. Personally I think nobody gives a F about comings and goings. Everybody is all wrapped up in their own business.

And even if they did...so what? Are you going to run for public office in Montreal?