Condos for sale
in Montreal
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Thinking of buying a condo in Montreal? The city has condos for sale in every area and for every budget. It’s a popular choice for first-time buyers, investors, and anyone looking for an urban pied-à-terre or a lower-maintenance property. Browse the listings below, then get a free online evaluation or let the Steve Rouleau Team guide you to buy at the best price.
Why buy a condo in Montreal?
The condo appeals through its simplicity and location. Here are its main advantages:
- A central location: most condos are within walking distance of the metro, shops, and services.
- Less maintenance: the co-ownership’s collective management often frees you from outdoor chores and lawn care.
- Shared amenities: many buildings offer parking, a common terrace, or a gym.
- A gateway to ownership: often more affordable than a house, a condo is well suited to a first purchase.
- Strong rental potential: for an investor, a well-located condo rents easily.
Whether you plan to live in your condo or rent it out, it’s best to have guidance for your purchase in Montreal. Some areas, like Hochelaga, even offer great condo investment opportunities.
Divided or undivided co-ownership: which to choose?
In Montreal, there are two main types of co-ownership. In divided co-ownership, each unit has its own lot in the land register and is financed like a house. In undivided co-ownership, the co-owners hold a share of the building: these condos are often a bit cheaper, but financing is more demanding. Before deciding, take the time to compare the two formulas and their implications, as explained in these tips before buying a divided condo.
Undivided co-ownership is worth a closer look. In practice, buyers don’t own a separate unit but a share of the entire building, governed by an indivision agreement that sets out each owner’s rights and responsibilities. Its main advantage is price: in a comparable area, an undivided condo is often a bit cheaper and gives access to highly sought-after central neighbourhoods. The trade-off is more demanding financing: the purchase isn’t insurable by CMHC, the mortgage is often shared among the co-owners, and resale can take longer, since the pool of buyers is smaller.
In undivided co-ownership, lenders generally require a 20% down payment.
What to check before buying a condo
Buying in co-ownership calls for careful due diligence. Before making an offer, be sure to review:
- The declaration of co-ownership and the building’s by-laws.
- The amount and health of the contingency fund, managed by the syndicate of co-owners.
- The monthly co-ownership fees and what they cover.
- The meeting minutes and the latest assembly records.
- Planned major work and the building’s overall condition.
- Restrictions (rentals, pets) and soundproofing between units.
Since the new 2025 co-ownership rules, syndicates must better fund their contingency fund: better protection for you, but also fees that are sometimes more realistic.
Buying a condo in Montreal’s neighbourhoods
The condo market varies a lot from one neighbourhood to the next. Modern condos abound in Griffintown and Ville-Marie, while Rosemont, Villeray, and the Plateau Mont-Royal offer a mix of renovated co-ownerships and recent projects. Depending on your budget and lifestyle, the guidance of a real estate broker in Rosemont or a real estate broker in Griffintown helps you target the right area.
The right neighbourhood depends on your lifestyle as much as your budget.
Why buy your condo with the Steve Rouleau Team?
With over 22 years of experience and hundreds of transactions in Montreal, the Steve Rouleau Team, affiliated with RE/MAX du Cartier, knows the co-ownership market neighbourhood by neighbourhood. We review the documents, assess fair value, and negotiate to protect your interests, from the first crush to the signing at the notary.
Get a broker’s support for your condo purchase
Take advantage of our local expertise to buy your condo with confidence, no nasty surprises.
Contact the Steve Rouleau Team
Frequently asked questions about buying a condo in Montreal
What’s the difference between a divided and undivided co-ownership condo?
In divided co-ownership, each unit has its own separate lot and standard financing. In undivided co-ownership, buyers hold a share of the building: the price is often lower, but the required down payment is generally higher.
What are the condo fees for a condo in Montreal?
Co-ownership fees mainly depend on the building’s age, the services offered, and the location. As a rough guide, they often range from $0.25 to $0.50 per square foot per month. A 1,000 sq ft condo therefore represents about $250 to $500 per month.
What should I check before buying a condo in co-ownership?
Review the declaration of co-ownership, the co-ownership certificate, the maintenance logbook, the contingency fund, the meeting minutes, the monthly fees, and any planned major work. These documents reveal the syndicate’s financial health and save you from nasty surprises.
Is it better to buy a new or existing condo in Montreal?
Both have their advantages. An existing condo is often better located and its co-ownership history is verifiable, whereas a new condo offers warranties and customization, but with longer timelines and generally higher prices. Watch the advertised area, too: new condos are often sold in gross square footage, a more generous measure than the actual livable space.
Do I need a broker to buy a condo in Montreal?
It’s not mandatory, but it’s strongly recommended. A broker interprets the co-ownership documents, assesses the fair price, and negotiates for you, while securing the legal aspects of the transaction.