LifestyleDon't Buy A Condo In Montreal In 2015Real estate report shows market is over-saturated.@@mattewxlll2323You've probably noticed that Montreal is full of condos, with new projects popping up what seems like every other day. From the outside, all this development seems promising, that the economy must be healthy with so much investment. The truth is, Canada is actually overbuilding condos, and Montreal is one of the biggest culprits.According to Marc Pinsonneault, a senior economist with the National Bank of Canada, even though Toronto, Vancouver and Calgary, Canada's three hottest real estate markets, have shown the largest condo growth in recent years, supply in those cities has managed to keep up with demand. Not the same case in Montreal, unfortunately, where increased foreign investment and poor ownership statistics have got many experts fearing an overall market crash for Montreal in 2015.On another note, check out this very positive construction project that may create 15, 000 jobs in Montreal!
The RoyalMount $1.7 Billion Mega Mall To Compete With The Dix30 Shopping Centres?The Canada Mortgage and Housing Corporation recently released a report that helps shed some light on who actually owns all these developments going up and found that 6.9% of the condos in Montreal’s downtown core and Nun's Island area are foreign owned, which is Canada’s highest concentration. That in itself is not necessarily problematic, but the possibility of non-residents suddenly selling-off their condos if markets turn, and the fact that condo vacancy rates are at a 3.4% high in Montreal, could possibly trigger a collapse in the sector..Louis Boheme Condominiums on the corner of Rue de la Bleury and Maisonneuve Boulevard.The new Westin of Montreal on Saint-Antoine Ouest Street.High-rises near Place-des-Arts.Nun’s Island condos.South-Verdun district of Montreal.Le Lowney on the corner of L’Inspecteur and Notre Dame Streets.SourceAre you considering investing in property in Montreal or buying a house/condo?
Why Montreal Ranked #3 Cheapest City To Buy A House In Canada >Keep on reading Synden Hope-Johnston Head Content Editor This stylish bedstead features a clean, modern design and a versatile oak finish. Its sprung slats will provide added support in conjunction with a quality mattress, helping you get a good night's sleep. With a simple and elegant design, the Montreal bed lends itself well to a multitude of interior styles. Pair with a colourful geometric print duvet set to channel this season's prolific Scandi trend, or add soft velvet and faux fur accessories for a look that oozes boutique hotel chic. The mattress pictured is not included with this bed. Please note: Not all of our ranges are on display in our furniture departments. Please callyour nearest John Lewisto check before you visit. 0% APR Representative: If you buy this product in our shops, it's eligible for Interest Free Credit, which is available when you spend £1000 or more on selected home products.
Terms and conditions apply: find out moreHave you thought about a new mattress? Assembled by the supplier in your home H100 x W157.4 x L210cm Oak, Oak veneers, MDF Discover a better night's sleep with a bed that's right for you Measuring Up for Furniture Guide Make sure your new furniture fits your home Download a printable range card of this collection Delivered by our approved supplier Standard UK delivery within 4 weeks International delivery not available How we may still help you John Lewis Montreal Bedroom Furniture RangeFree & Discreet Shipping Free shipping on orders over $110. Discounted shipping over 89$Orders placed before 5pm EST will ship the same day. We keep a clean, secure and bed bug free warehouseColby Upholstered Platform Bed Product Warranty: 5 Years Rasmussen Upholstered Platform Bed Product Warranty: 1 year Box Spring Required: No Product Warranty: 5 Year Sloan Upholstered Platform Bed
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