Rosemont – La Petite-Patrie is a great place to live! It is family-oriented and safe. This neighborhood offers all the essential services (schools, daycare centers, libraries, grocery stores, etc.) as well as activities for all tastes.
There are many parks to satisfy all nature lovers. How can we not mention, for example, the magnificent Maisonneuve Park, located near the beautiful Botanical Garden, whose reputation is well established?
Located in the heart of the island, Rosemont – La Petite-Patrie offers a dynamic and stimulating lifestyle!
Rosemont – La Petite-Patrie has approximately 144,000 residents, making it the third largest borough on the island of Montreal.
The 25-44 age group represents 38% of the population, followed by the 45-64 age group at 24%.
49% of households consist of one person. Those with 3 or more members represent 22%.
Households with children represent 57%, including couples and single-parent families.
41% of citizens have at least a university degree, 17% a college diploma.
Finally, French is the language spoken in 83% of the homes.
Let’s talk about housing and the real estate market!
Of the total number of occupied dwellings, 30% are owned and 70%, you guessed it, are rented.
Interestingly, 52% of the buildings were built before the 1960s. Of course, many of these have been remodeled and renovated. 24% were built between 1961 and 1980. The remaining 23% were built since 1981.
In 2021, 1453 residential properties for sale found buyers. 1,840 new homes were put on the market. 255 are currently on the market.
Specifically, 95 single-family homes were sold last year. Currently, there are 4 on the market. The median price for single family homes is $752,500.
In the area of condominiums (condos and apartments), 895 were sold in 2021. 131 are currently on the market and the average cost is $452,000.
For plexes (duplexes, triplexes, etc.), 463 have been sold in 2021. Currently, 78 are available. The median price is around $810,000.
The average time to close on a residential property is 40 days.
As you can see, the market is moving. Things are moving and that’s a good sign!
Have we piqued your curiosity? Don’t hesitate to contact us to find out more about this beautiful neighbourhood, the housing opportunities it offers and any other topics that interest you.
As statistics change regularly, we invite you to contact us for the most recent figures and an update on the current real estate offer in this neighborhood.
Source of statistics: 2016 Census Data Product – Statistics Canada and the City of Montreal.
Photo credit Maurice Nantel
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