Verdun, Quebec

Real Estate Market in the City

Market Characteristics

The real estate market in Verdun has experienced consistent growth in recent years, driven by its desirable location and improvements to infrastructure and amenities. Once considered a working-class area, Verdun has been rapidly revitalized, which has increased demand for properties. It strikes a perfect balance between being a quieter, family-friendly neighborhood while offering easy access to Montreal’s downtown core via public transit. Verdun’s appeal is further bolstered by the recent redevelopment of its waterfront and its trendy commercial district along Wellington Street.

While the market has experienced a surge, Verdun is still considered one of the more affordable boroughs in Montreal compared to neighborhoods like Westmount, Plateau Mont-Royal, or Outremont, making it attractive to first-time homebuyers and investors. As more young professionals and families settle in, the diversity of property types—ranging from century-old homes to modern condos—continues to expand.

Property Types Available and Prices

• Single-Family Homes: Prices for single-family homes in Verdun range from CAD 500,000 to CAD 1.2 million, depending on the size, condition, and proximity to the waterfront or green spaces. These homes are often charming, with many being renovated century-old properties that reflect the borough’s historical character.
• Condos: Condominiums are among the most popular property types in Verdun, thanks to several new developments and the conversion of older buildings into modern units. Prices range from CAD 300,000 to CAD 700,000, depending on location, amenities, and views. Waterfront condos or those near the riverfront tend to command higher prices.
• Duplexes and Triplexes: Multi-unit properties are common in Verdun and are a favorite for those looking to live in one unit and rent out the others for additional income. Prices for duplexes and triplexes range from CAD 600,000 to over CAD 1.5 million. These properties are often well-maintained, with opportunities for both investors and families seeking long-term returns.
• Rentals: Verdun offers a range of rental options, from apartments in converted century homes to newer apartment buildings. Rent for a typical one-bedroom apartment ranges from CAD 1,000 to CAD 1,800 per month, while two-bedroom units can cost between CAD 1,500 and CAD 2,500 per month. As demand grows, rental prices have been steadily increasing, but Verdun remains more affordable than other nearby neighborhoods.

Attractions and Lifestyles

Verdun offers a rich blend of recreational, cultural, and outdoor activities, making it an ideal borough for those who enjoy an active lifestyle. The community-oriented feel of Verdun, combined with its modern amenities, appeals to a wide demographic.

• Wellington Street: Verdun’s bustling commercial strip, Wellington Street, is a vibrant center for dining, shopping, and entertainment. It has been voted as one of Canada’s best streets for food and drink, offering a mix of trendy cafes, artisan shops, bars, and restaurants. The street hosts various festivals and events throughout the year, adding to the lively community atmosphere.
• Verdun Beach: A notable attraction is Verdun Beach, a rare urban beach along the St. Lawrence River. Opened in 2019, the beach offers residents a place to swim, relax, and enjoy the summer months. In addition, there are kayaks and paddleboards available for rent, providing a unique way to explore the river.
• Lachine Canal and Riverside Walkways: The borough is flanked by the Lachine Canal and the St. Lawrence River, offering stunning waterfront views and a network of walking and cycling paths. The Parc des Rapides is another scenic riverside park that provides great spots for picnics and birdwatching.
• Green Spaces: Verdun is home to several parks, such as Parc de l’Honorable-George-O’Reilly and Parc Arthur-Therrien, providing outdoor enthusiasts with plenty of room for sports, jogging, and family outings. The borough also has community gardens and promotes sustainable living through green initiatives.
• Cultural Scene: Verdun has a growing arts and cultural scene, with galleries, theaters, and community centers offering workshops, performances, and exhibitions. The borough also hosts local festivals, such as the annual Verdun Green Fest, which celebrates environmental sustainability.

Living in Verdun

Living in Verdun offers a balance of urban convenience and a suburban lifestyle, thanks to its mix of residential charm, green spaces, and access to Montreal’s downtown core. The borough is well-served by the Montreal Metro system, with three stations (Verdun, De l’Église, and LaSalle) on the Green Line, making it easy to commute across the city. Verdun’s bicycle paths are part of Montreal’s larger cycling network, encouraging a healthy and eco-friendly lifestyle.

Verdun is an attractive option for families due to its access to quality schools, both French and English, including École Notre-Dame-des-Sept-Douleurs and Verdun Elementary School. Healthcare is also readily available, with the Verdun Hospital located within the borough.

As a multicultural neighborhood, Verdun has a rich sense of community, welcoming residents from various backgrounds. This diversity is reflected in the borough’s wide range of dining options, community events, and cultural activities. Despite its increasing popularity, Verdun has managed to maintain its tight-knit, community-oriented feel.

Summary

Verdun, QC, is a borough that has transformed into one of Montreal’s most sought-after places to live, thanks to its unique combination of urban living, affordability, and access to nature. The real estate market in Verdun offers something for everyone, from affordable condos to multi-unit properties and charming single-family homes. The revitalization of the waterfront, thriving local businesses on Wellington Street, and the ample green spaces make Verdun a highly attractive option for families, professionals, and investors.

Verdun’s growing popularity has not only boosted the real estate market but has also turned the borough into a cultural and recreational hub. With easy access to downtown Montreal and a variety of transportation options, living in Verdun offers the perfect balance between a peaceful suburban feel and the excitement of city life. Whether you are enjoying a sunny day at Verdun Beach, biking along the Lachine Canal, or dining on Wellington Street, Verdun provides a high quality of life with plenty of opportunities for cultural and outdoor exploration.