How will demographic changes affect Montreal real estate?

Over the last 50 months, the menu of homes for sale in Greater Montreal has diminished every month. Meanwhile, the number of sales keeps increasing. DAVE SIDAWAY / The Gazette House-hunting is more frustrating than it used to be. Four or five years ago, buyers had a buffet of options to choose from. In today’s market it’s more like being at a 5 à 7 where the platters are circulating yet...

Toronto aims to create space for pets in residential buildings with new guidelines

When it’s time for Firas Arafat and Jennifer Reynolds to go to bed in their two-bedroom, 1,100-square-foot condo, it’s also time for their 11-week old Bernedoodle, Ernie, to prepare for a good night’s sleep.That means take care of Ernie’s “business.”But, instead of going to a nearby park, Arafat or Reynolds take Ernie up to the roof of The Merchandise Lofts, located at 155 Dalhousie...

Karl Lohnes: Visions of sugar plums are dancing in holiday decor this year

Colours of soft pink, plum and burgundy lend a feminine decorating touch this holiday season. Faux Fur Dusty Rose Stocking, CB2.com This year’s trends in Christmas decorating offer a fresh take on festive decor — perfect whether you’re decorating your first tree or updating older holiday accessories. From fashionable to fun, here’s a rundown of the big trends, new interpretations on the...

The trouble with home inspectors

Montreal's benchmark home price was $349,300 in January, up 6.3 per cent from a year earlier. That's still far less than the Vancouver price of $1.02 million, which is down 4.5 per cent. Canadian Press A pre-sale inspection by a professional promises home buyers peace of mind that they aren’t moving into a money pit. But there is a big problem with the home inspection industry that many buyers...

What can a homebuyer get for $500,000 across Canada right now?

I should have known better than to ask a Vancouver realtor how much half a million could get you in Lotusland these days.“It’s pretty easy,” laughed MacDonald Realty broker Dan Scarrow. “It’s a one-bedroom condo. That’s what you can get for $500,000.”To find a detached home at that price point, he said, a buyer would likely be driving an hour or more outside the city.Scarrow, who...

Building a dynasty on a dépanneur: Generational tensions aren’t all ‘OK Boomer’

Hercules Tsoudis may be Boomer-aged, but he’s no Boomer. Allen McInnis / Montreal Gazette As property values and taxes rise throughout Montreal, property ownership prospects are fading for many of the city’s younger citizens. Real estate prices in cities across North America have been trending upward for a decade, and much of the most desirable stock is owned by people who bought it cheap in...

Rent or buy? Montreal millennials weigh in on the homeownership debate

Young professional Montrealers face the inevitable question: rent or buy?They’re discovering that when it comes to homeownership, there’s a balancing act between being financially ready to own a home or condo in the city, or risking waiting too long and getting priced out altogether. With house prices continuing to rise, there may be no time like the present, whether you’re ready or...

Karl Lohnes: Best designer tips for choosing your Christmas tree

The perfect Christmas tree provides lots of branches for displaying ornaments and is well proportioned to the room where it will be displayed. Photo: CanadianTire.ca The next month is an important one for those who celebrate the holidays with a Christmas tree. Whether real or faux, O Tannenbaum takes planning. From where to place it (which often involves moving furniture around) to choosing the...

Retrofit gives Ahunstic family the first Passive House in Quebec

If you were taking a walk down just about any street in any borough of Montreal on July 23 this year, when the temperature topped 26 Celsius (and the nighttime low was 25 C), you would have heard the buzzing and whirring of air conditioners cooling the homes on both sides of the street.Some homes, mostly apartment buildings or the typical Montreal duplexes, weren’t built with the need for air...