Investing

Real Estate Investors Should Invest in Brossard

Many people buy real estate and reap profits, as they try to estimate how much their home will increase in value in the near future. That’s the reason why there are lots of new homes for sale in Brossard.

Brossard is where you can find Quartier DIX30, which is the first lifestyle center in Canada. Montreal is quite accessible to residents, but Brossard has less crime and more affordable taxes. Here are a few reasons why you should buy some property in Brossard.

  • Exodus From The City

Prices on the island of Montreal has soared exponentially over the last few years, meaning residents have started to look elsewhere for more affordable properties. This has caused an explosion in the suburbs (also called les banlieues in French). More people now live in the agglomerated metropolitan area than on the island itself, according to Statistics Canada. One of the booming suburbs is Brossard, which is just a 15-minute drive from the downtown core. Brossard is located on the South Shore, and as you can guess, it is literally just south via the Mercier Bridge.

  • Shopping

Over the last few years, the population boom has created a large demand for luxury goods. So the city decided to build a massive outdoor shopping mall that would attract both locals and tourists throughout the year. The mall is called DIX30 and it’s absolutely massive and features a variety of shops, restaurants, and a state of the art movie theatre that provides personalized catering.

  • Appreciation Value

According to recent reports in the media, the appreciation value in Brossard has increased steadily over the last few years. This means it’s a great investment for future buyers and demonstrates how the Canadian housing market is very stable here in Quebec. The island of Montreal and the suburbs have not experienced a housing bubble yet (compared to the Greater Toronto Area), so you can still find houses and condos that are quite affordable and that won’t completely wipe out your bank account.

  • Tourism

A lot of tourists have discovered Brossard because it’s so close to the downtown core. This means there’s been an increase in Airbnb use in the neighborhood as foreigners are looking for a cheaper alternative to the downtown. Many residents have started to rent portions of their homes online, which demonstrates the viability of this cute and quaint district.

  • Safety

Montreal is one of the safest cities in North America, with low murder and crime rates compared to other metropolitan centers. Brossard is also very safe and there are local police forces and security officers that constantly monitor the area.

So, if you’re unsure about moving to this urban metropolis, you should feel encouraged by this statistic. Locals will also attest to this fact so you know there will always be a watchful eye on your property.

When you think about it, Brossard has a lot of things to offer new residents. It’s quaint and small and has a lot of shopping opportunities available in the area. It’s also very close to Montreal’s downtown core, so why not invest in some property in Brossard!

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