Devimco’s Maestria and MAA bring high quality, elegant condo design to downtown Montreal.
Author of the article: Ursula Leonowicz • Postmedia Content Works
Publishing date: Mar 01, 2021 • March 1, 2021 • 3 minute read A penthouse at Maestria Condominiums. SUPPLIED
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Despite COVID-19 or maybe even because of it, Montreal’s residential real estate market is booming.
According to Devimco’s vice-president of residential development and marketing, Marco Fontaine, the record-breaking numbers are mostly due to people making up for lost time.
“If you look at cities like Toronto and Vancouver, they’re a little more mature than Montreal is in terms of residential real estate development, which is also why they’re more expensive. We were a little behind schedule,” explains the VP of the province’s leading developer of large, lifestyle and transit-oriented development (TOD) complexes.