Luxury homes are prime pieces of real estate that exude refinement and exclusivity. Offering privacy and ample living space, these upscale properties are usually custom-built using premium materials and boasting luxurious designs. A lavish home showcases not only interior elegance, but also exterior appeal and provides high-end amenities inside and out. What’s more, luxury homes also usually have a story or history attached to them — they were either built by a prominent architect or are situated in a prestigious location. Showcasing steep price tags, professional real estate guidelines typically place high-end properties in the top 5% or 10% of the local housing market. People who buy luxury homes are usually high-net-worth individuals.
What is the difference between a house and a mansion?
While a standard house entails typical floor plans and amenities, a mansion is an imposing, single family luxury home with opulent and extravagant details.
What qualifies a mansion as a mansion?
Boasting a higher-than-average number of square feet and excess bedrooms and bathrooms, a mansion is much more than a big house for sale. Rather, it comes with high-end finishes and top-of-the-line appliances, as well as energy-efficient systems and smart home features. Sitting on huge lots of land, luxury mansions also boast breathtaking landscaping and unique architectural details. The typical designs for these buildings include classical, colonial or Victorian styles. They also offer some of the finest amenities and can entertain large groups of people. For example, mansions usually include commercial-grade kitchens and multiple common areas and leisure spaces — such as great rooms; lounges; games and theater rooms; gyms; spa facilities; pools; tennis courts; gardens with water features; hiking trails; guest houses; and so on.
What is the difference between a house and a villa?
A villa is a luxury property typically located in the countryside or on the coast. While a standard house is a family’s primary living residence, a villa is used as a retreat or is rented out as a vacation home when not occupied. A villa is a refined luxury estate with an airy design, including rich amenities and providing seclusion. These luxe properties usually come with lovely outdoor landscaping and boast a patio/terrace, a front garden and a private pool. They are either single detached or semi-detached and are part of a gated community, typically within a resort.
How do I find mansions for sale near me?
Mansions nearby are just a few clicks away on Point2. Check out the list of available expensive houses for sale on the website and select the ones near your location using the map view.
How many luxurious houses for sale are available in Montreal, QC?
On Point2, you’ll find 262 luxury homes for sale in Montreal, QC, with prices ranging from $1,018,000 to $26,000,000.
How do I search for Montreal, QC luxury homes for sale?
Finding Montreal, QC luxury real estate has never been easier on Point2. Simply filter the available listings according to price, square footage, number of bedrooms and bathrooms, or any amenities you might be interested in. Price drops are another feature at your disposal. This is especially useful in finding mansions for sale in Montreal, QC that have reduced their asking prices in the last six months. Just be sure to save your search in order to receive new high-end listings that match your preferences directly to your inbox.
Situated in the province of Quebec, Montreal is a beautiful city and is the second-most populated municipality in Canada, after Toronto. Spanning an area of 431,000 sq.km, Montreal is located in the southern part of Quebec with the city covering most of the Island of Montreal. It enjoys a humid continental climate, which brings warm and humid summers – often exceeding 30 degrees Celsius – along with cold, windy, and snowy winters.
Montreal was first incorporated as a city in 1832, however it’s thought that First Nations natives first inhabited the area almost 4,000 years ago. Montreal is known for its interesting heritage and preserves a strong culture that’s distinctive from many other cities in Canada. Officially a French-speaking city, over 55% of Montreal’s 1.7 million residents speak French at home and can speak both French and English. It’s also the second largest primarily French speaking city in the world after Paris.
Known for its diversity, elegance and history, Montreal is a wonderful city and is consistently ranked as one of the most liveable cities in the world. It’s economically strong and has the second-largest economy in the country. Montreal was historically named the commerce capital of Canada, and has a large presence in the aerospace, finance, technology, film, and design industries. It is also a tourist hot spot, and it’s one of the three North American cities that is home to organizations of the United Nations. It’s also host to a number of festivals and events each year, including the Canadian Grand Prix and the Montreal International Jazz Festival, and has subsequently been named the Cultural Capital of Canada.
Montreal enjoys a strong and stable real estate market, with housing prices being fairly affordable and a great number of neighbourhoods to choose from. House prices are on average half of what they are in Toronto, making Montreal a very desirable city to invest or live in. For detached properties, the market is generally in favour of sellers, as many people are becoming more attracted to Montreal due to its affordability and pleasant lifestyle. Condominiums aren’t current seeing as much success as detached homes, and buyers generally have more power when it comes to condos and apartments.
In comparison with Toronto and Vancouver, Montreal’s real estate market paints a different picture and it’s generally off the radar for foreign and international buyers. It’s thought that Montreal’s real estate appeal will increase in the coming years, due to its affordability, however foreign investments there tend to be focusedon the downtown areas and limited to condominiums. Montreal is a very attractive place to purchase property, due to its low unemployment rates, affordable housing and strong labour market.
The market is thought to see a gradual uplift this year and an increase in transactions, especially in the resale market. This will also be driven by employment growth and stability, especially among those aged 25-44, as they represent a large majority of buyers.
High-end real estate is on the rise in Montreal, comprising both single-family homes and condominiums. This is due to more confidence in the real estate market, and more affordable luxury properties in comparison to other markets in the country.
Homes within the low millions are selling much easier than those in the tens-of-millions, largely due to more competition with other cities and places in the United States.Single-detached homes are generally the most popular type of luxury property in Montreal, and prices are expected to remain stable in the coming future.
The sale of luxury homes – which are classed as homes $1 million upwards – are generally stable and have been for a few years. The luxury homes on the market tend to be either large properties outside of the city, with a sizable garden and swimming pool (3,000 sq. and above), or smaller, more traditional homes in upmarket neighbourhoods located within the city of Montreal.