Outremont immobilier : All about the neighborhood

Reading time : 10 minutes

Key facts:

• Outremont is distinguished by its balance of rich architectural heritage and vast green spaces.
• The district is renowned for its luxury real estate market, attracting buyers looking for exceptional properties.
• Cultural vitality is nurtured by prestigious educational institutions, dynamic cultural spaces and a rich program of events.
• Consistent property values and stable market growth make this a safe and attractive investment.
• The accessibility and quality of services, shops and restaurants contribute to an upscale urban living experience.

Outremont, backed by Mount Royal, is a Montreal neighborhood where greenery and architectural heritage combine to offer an upscale, family-friendly living environment.

Founded in 1875 and made a borough in 2002, this 4 km² area, known for its elegance and tranquility, is particularly prized for its quality of life. It’s home to a rich cultural mosaic, including a large Hasidic Jewish community, and features opulent homes and lively streets, making Outremont unique in Montreal.

Outremont – Discover the neighborhood

Outremont is one of Montreal’s exceptional neighborhoods, harmoniously combining heritage, greenery and urban dynamism. Its foundation in 1875 marked the beginning of a rich history, transforming it into a borough of the City of Montreal in 2002.

Famous for its proximity to Mount Royal, Outremont is a true haven of peace, offering its residents a predominantly residential and institutional environment close to the beating heart of the metropolis.

Outremont geography

Outremont’s geography, with its privileged location on the northwest slope of Mount Royal, makes it a central and highly desirable borough. Occupying an area of 4 km², it is distinguished by its upscale residential character and numerous green spaces, forming an urban forest that covers a third of its surface.

Iconic landmarks enrich the Outremont landscape, making this neighborhood a must-see in the city:

• The Théâtre Outremont, a historic monument built in 1928, continues to enliven the neighborhood with a varied program of cinema, music, dance and theater.
• Bernard Avenue, with its French-style architecture and specialty boutiques, offers a unique shopping and dining experience.
• Laurier Avenue, renowned for its gourmet restaurants, adds to Outremont’s reputation as a gourmet district.
• Avenue Van Horne, another major commercial artery, offers a diversity of products and services, reflecting the economic vitality of the neighborhood.
• MIL Montréal, a flagship urban transformation project, demonstrates Outremont’s commitment to sustainable, mixed-use development, with an emphasis on soft mobility and public transit.

These elements, combined with Outremont’s cultural and social heritage, shape a neighborhood that is both traditional and forward-looking, where the well-being of residents is at the heart of everything we do. Outremont is an invitation to discover a unique way of life in the heart of Montreal, where history and modernity meet to create a most enriching living environment.

Discover Outremont on the map :

Outremont history

Outremont has a rich history dating back to its founding in 1875, when it was established as a village municipality under the name Côte-Sainte-Catherine. Its current name, Outremont, which means “beyond Mount Royal”, refers to its unique location on the north-western slope of this iconic mountain.

The name was inspired by the Le Bouthillier estate, long before the municipality officially adopted the name.

Holyrood Avenue, at the corner of Chemin de la Côte-Sainte-Catherine, after snow removal in 1938.

From its earliest days, Outremont has been synonymous with prestige and exclusivity, attracting a predominantly French-speaking and religiously diverse population, including sizeable Jewish communities. The presence of numerous renowned private schools, part of the Université de Montréal campus, the Vincent-d’Indy Conservatory of Music and Collège Stanislas underscores the importance of education and culture in this borough.

Outremont’s merger with the City of Montreal in 2001 has not altered its character or attractiveness. Despite its small size, Outremont remains a central and sought-after borough, characterized by an environment rich in green spaces and an impressive architectural heritage. The initiative of Mr. Beaubien, a key figure in its development, transformed Outremont from a predominantly agricultural area into a sought-after residential neighborhood. This metamorphosis was accompanied by systematic expansion and subdivision, thanks in particular to the foresight of the Clerics of Saint-Viateur in buying and selling land.

Théâtre d’Outremont in the 20th century

Today, Outremont is renowned for its exceptional quality of life, offering its residents a perfect balance between nature and urbanity, history and modernity. Its ongoing transformation reflects its adaptation to the needs of its inhabitants while preserving its unique identity and rich heritage.

Outremont neighborhood guide

The district’s proximity to downtown and its intimate, welcoming atmosphere make it a favorite for those seeking peace and quiet without being far from the hustle and bustle of the city.

Advantages of living in Outremont

The advantages of living in Outremont are many, reflecting the richness of a neighborhood that is at once historic, family-oriented and culturally dynamic. Here’s a glimpse of Outremont’s major assets, combining architectural charm, quality of life and diversity of activities.

1. A neighborhood with unique architectural charm: Outremont is distinguished by its picturesque architecture, marked by the presence of majestic Victorian houses dating from the 19th century. These homes, symbols of elegance and sophistication, have been carefully restored to preserve the neighborhood’s historic character, offering residents an aesthetically rich living environment steeped in history.

2. A safe, family-friendly environment: Outremont is renowned for its safe, family-friendly environment, attracting many families looking for a peaceful place to live. The neighborhood’s security, ensured by a police presence and local initiatives, allows residents to take full advantage of neighborhood life, whether on foot or by bike, in an atmosphere of tranquillity.

3. Proximity to schools: The quality and proximity of schools, both public and private, are undeniable assets for families living in Outremont. Access to quality education is facilitated by the presence of many renowned schools, such as École Lajoie and Collège Stanislas, providing an enriching learning environment for local children.

4. Excellent public transit: Mobility is facilitated by excellent public transit, with the Montreal metro’s blue line and several bus lines efficiently serving the neighborhood. Outremont is also bicycle-friendly, thanks to its well-integrated network of bike paths, allowing you to enjoy the neighborhood while staying active.

5. A beating heart of cultural life: Outremont is a lively neighborhood, where culture and the arts take center stage. Théâtre Outremont, art galleries and the Robert-Bourassa library are emblematic venues contributing to the cultural effervescence of the neighborhood, offering varied programming for all ages.

6. Local shops and gastronomy: The warm, authentic atmosphere of commercial streets like Van Horne and Bernard avenues offers residents a variety of restaurants, cafés and independent boutiques. Outremont’s gastronomic scene is rich and diverse, offering culinary experiences for every taste.

7. Abundant green spaces: Outremont’s many parks and green spaces, such as Parc Pratt and Parc Saint-Viateur, are oases of tranquility in the heart of the city. They offer spaces for sport, relaxation and outdoor activities, enriching the quality of life of local residents.

In short, choosing Outremont as your home means opting for a borough that combines architectural beauty, cultural richness and lush nature. An ideal setting for those who aspire to a quality urban life, surrounded by greenery and immersed in a rich and diverse culture.

Highlights of Outremont

Outremont is renowned for its welcoming, family atmosphere, encouraged by an abundance of parks and green spaces and true neighborhood landmarks.

Discover the district’s main attractions:

Green spaces and parks in Outremont

Outremont’s forest and natural heritage plays a crucial role in its appeal, helping to make this neighborhood one of the greenest in Montreal. Numerous parks, such as Saint-Viateur and Beaubien, are ideal for outdoor recreation, offering children’s play areas, ponds and skating rinks in winter.
Outremont’s urban management makes a point of harmonizing development and environment, making the neighborhood an example of quality of life in an urban environment.

Discover the district’s main parks:

In short, choosing Outremont as your home means opting for a borough that combines architectural beauty, cultural richness and lush nature. An ideal setting for those who aspire to a quality urban life, surrounded by greenery and immersed in a rich and diverse culture.

Outremont Real estate

Let’s take a look at the essence of Outremont real estate, exploring the factors that make this borough unique. From its luxurious real estate market to its investment opportunities, we reveal what attracts buyers and investors to this prestigious Montreal enclave.

Outremont real estate market

Outremont is distinguished by its exclusive real estate market, attracting a clientele in search of prestigious residences. The sumptuous architecture of these properties, combined with prices that exceed the Greater Montreal average, make Outremont a preferred choice for affluent families.

A closer look at the Outremont real estate market reveals several trends:

• Sales: A slight fluctuation in sales indicates a market in constant evolution, with 32 transactions in Q4 2023, marking a 4% decrease on the previous year.
• Sales volume: Despite this drop in transactions, sales volume increased by 7% to $46,085 thousand, underlining the high value of properties in this area.
• New listings : The number of new listings fell slightly by 11% to 65 for the same quarter, revealing a tighter supply on the market.
• Active listings: However, active listings rose by 11%, with 158 properties available, reflecting the diversity of real estate on offer in Outremont.
• Renting: Proximity to the Université de Montréal also contributes to strong rental demand, with average rents approaching $1,270 per month.

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Outremont real estate – Prices and properties

The Outremont real estate market for the 4th quarter of 2023 reveals a complex dynamic, with varied indicators reflecting sales trends, listings and price movements in different property categories.

Here’s an overview of the different profiles and the neighborhood:

Centris data reveals a number of trends in the Outremont real estate market:

• Total residential sales: There was a slight drop in sales to 32 units, down 4% on the same period last year. Over the year, the number of sales totaled 153, down 24%.
• News
• Registrations: There were 65 new registrations in Q4, down 11% on the previous year, with an annual total of 329 new registrations, down 17%.
• Active listings: The supply of available properties rose by 11% in Q4, with 158 active listings, reflecting a slightly fuller market.

By property category

Single-family home

• Sales : A significant increase in business, with 9 sales in Q4, and an annual total of 54 sales, up 20%.
• Median price: The median price reached $2,245,000, underlining the high value of single-family homes in this prestigious Montreal sector, up 7% over the year.
• Active listings: Single-family home listings were down 14%, with 33 available listings.

Co-ownership

• Sales : With 20 sales in Q4, the condominium sector shows a significant decline of 39% over the year, totaling 88 sales.
• Median price: The median price for condominiums was $710,000, down 3%, reflecting a price adjustment in this segment.

Plex (2 to 5 properties)

• Sales : The plex segment, although less represented, had 3 sales in Q4 and a total of 11 for the year, reflecting a smaller market for this type of property.

These data show a trend towards diversification in the Outremont real estate market, with sustained demand for high-end properties, despite adjustments in certain segments. Single-family home values continue to rise, attesting to Outremont’s undeniable appeal to buyers looking for exceptional properties.

Discover our Outremont district fact sheet

Why invest in Outremont?

Investing in Outremont means opt for a prime location, a promise of a long-term, high-quality investment. With its lush green spaces, its proximity to the heart of Montreal, and its idyllic living environment, Outremont is an ideal place to relax. unparalleled residential experience. Its stable, high-end real estate market is an undeniable attraction for those looking not just for a property, but a real home.

Here are a few key points that make Outremont particularly attractive:

• Prestigious living environment: Outremont is renowned for its high-quality living environment, marked by tree-lined streets, peaceful parks and rich, varied architecture. Luxurious homes and high-end apartments give the district a unique and prestigious cachet.
• Dynamic, cultured community: With a high concentration of families, academics and professionals, Outremont enjoys a lively cultural and social atmosphere. The many renowned schools, libraries and cultural spaces make it an ideal place for families and intellectuals.
• Sustainable investment: The stability of the Outremont real estate market, with properties that maintain and increase their value over time, offers security for investors looking for a sustainable, profitable investment.
• Property diversity: From grand single-family residences to luxury condominiums and high-income plexes, Outremont offers a wide range of properties to suit different investment needs and budgets.
• Quality of services and amenities: The borough boasts a full range of services, local shops, upscale restaurants and first-rate educational establishments, making it both practical and desirable for a quality urban lifestyle.
• Safe, peaceful environment: Renowned for its tranquility and security, Outremont attracts people looking for a serene residential environment, yet close to Montreal’s dynamic business and cultural centers.

The expertise of a competent Montreal real estate broker is essential to successfully navigating the Outremont market and making a sound investment. With its undeniable charm, diverse community and stable real estate market, Outremont is a smart choice for those looking to invest in an exceptional Montreal living environment.

The best addresses in Outremont

Such a dynamic district is full of must-see addresses, so here’s our small selection to help you discover the area:

Venue	Category
Leméac	For an exceptional brunch
Chez Lévêque	For a traditional gourmet meal
Bilboquet	A renowned artisan ice-cream maker
Le paltoquet	Française bakery
Les enfants terribles	World-renowned restaurant
Lester’s Deli	The quintessential smoked meat
Antiques Loft 9	Antique stores
Galerie d’Art Outremont	Art Galery

Conclusion

Outremont, one of Montreal’s jewels, stands out for its rich architectural heritage, lush green spaces and exceptional quality of life. A family-friendly, culturally dynamic borough, Outremont attracts as much for its idyllic living environment as for its upscale real estate market, offering a sustainable, quality investment. A blend of history, modernity and nature, Outremont promises an enriching living environment, making it a preferred choice for those who aspire to a quality of life unmatched in Montreal.

If you would like to make your project a reality, contact our team of brokers.

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