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Despite impact of the pandemic, Montreal real estate shows record sales growth and accelerated price increases in 2020

Montreal real estate remained a sellers market in 2020, despite pandemic

Montreal Condo Sells for C$11 Million, Breaking Records

Order Reprints Print Article Originally asking C$12.9 million, the home was the most expensive condominium ever listed in Montreal. SOTHEBY S INTERNATIONAL REALTY QUEBEC Text size A 5,300-square-foot unit at the Ritz-Carlton Residences in Montreal’s downtown quarter known as Golden Square Mile, officially sold for C$11 million (US$8.636 million) this week. Originally asking C$12.9 million, it was the most expensive condominium ever listed in Montreal, according to listing records, and was the priciest condo to sell in Quebec. The seller, Sophie Desmarais, is the daughter of the late Canadian financier Paul Desmarais, according to records. Her family controls Power Corp. of Canada, a multibillion-dollar holding company.

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