HOUSE CONDO DUPLEX TRIPLEX FOR SALE MILE-END

History of MILE-END

The name of Mile End originates from a racecourse which occupied the last century about space today between the Boulevard Saint- Joseph Street Mentana , avenue du Mont -Royal and Berri . But between this track and the edge of Montreal at the time, which is the height of the current Sherbrooke ( marking the northern boundary of urbanization in the early nineteenth century ) , there is exactly one mile of hence the name Mile end or ” end mile “, which gave the racetrack and later , to the municipality of Saint- Louis -du- Mile- end.

Mile End is officially part of the borough of Plateau- Mont- Royal, Montreal but usually differentiate the two districts, the fact that the Mile End, one of the most bilingual areas of Montreal, is located a few blocks west the heart of the Plateau, mainly francophone.

Its territory is bounded by Hutchison Street to the west, rue Henri Julien and Bullion Street to the east, the Way Canadian Pacific Railway to the north and Mount Royal Avenue to the south.

Fairmount bagels bakeries and St-Viateur bagels are emblematic of the neighborhood.

Recently, Mile End was considered by many specialized music magazines including Spin and Pitchfork, as the heart of the independent music scene in Montreal.

(Source: Wikipedia )

STATISTICS OF RESIDENTIAL PROPERTIES FOR SALE MILE-END

 

SINGLE FAMILY HOUSE FOR SALE MILE-END

 

3rd Quarter 2013(1) Last 4 Quarters(1) Past 5 years(1)
Sales 19 ** – 18 %
Active Listings 30 13 % 16 %
Median Price ** ** 680000 $ 4 % 45 %
Average Days (Days) ** ** 66 19

 

CONDO FOR SALE MILE-END

 

3rd Quarter 2013(1) Last 4 Quarters(1) Past 5 years(1)
Sales 131 -11 % -25 %
Active Listings 546 14 % 9 %
Median Price 320000 $ -3 % 325000 $ 0 % 26%
Average Days (Days) 86 -3 81 0

 

DUPLEX TRIPEX QUADRUPLEX AND FIVEPLEX FOR SALE MILE-END

 

3rd Quarter 2013(1) Last 4 Quarters(1) Past 5 years(1)
Sales 32 28 % -7 %
Active Listings 123 44 % 53 %
Median Price 588000 $ -14 % 627500 $ – 2 % 47%
Average Days (Days) 137 85 83 32

 

(Source : Centris.ca & FCIQ par Centris ® )(ref 1 includes : Le Plateau, Mile-end, Milton Parc (Ghetto-McGill))

Property values have increased significantly the past 5 years. But how much is a property worth today?

Property owners want to sell at the Fair Market Value not to lose money.

Buyers must absolutely know the Fair Market Value, of the property they want to buy, not to pay more than neighbors.

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