Laval, QC apartments for rent

Real Estate Market Overview

The average residential sale prices in Laval range between $250,000 and $290,000. In the northern section, there are many very large, higher-priced, newer single-family homes, as well as some more affordable older single-family homes. Condo options are also available in this area, as are commercial properties and higherpriced vacant lots. The central section offers mostlynewer condo options that are quite affordable. There are also some reasonably priced single-family homes, as well as commercial properties and vacant land. The southern section has a mix of condos and older single-family homes that are more reasonably priced than those in other sections. Many newly built homes in the area are much higher in price than older homes.Commercial properties and vacant land are also available.

Rental Market

Vacancy rates in Laval have remained fairly stable over the past few years, at around or below 3%, making for a tight rental market. Suites in apartment complexes built in the past 10 years tend to cost $200 to $300 more per month than suites in older buildings. Depending on the area of the city, rent costs for apartments can range between $470 and $540 for a bachelor apartment,$590 and $830 for a one-bedroom apartment, $660 and $770 for a two-bedroom apartment, and $710 and $990 for a three-bedroom (or more) apartment. Condo rentals are normally more than apartment rentals, at more than $1,000 per month for most suites.