Dollard-des-Ormeaux Real Estate Trends: A Comprehensive Guide to Montreal’s Vibrant Suburban Neighborhood in 2023
Welcome to the neighborhood!
Dollard-des-Ormeaux, also known as DDO, is a suburban neighborhood located in the West Island region of Montreal, Quebec, Canada. With a population of 50,000, the area is known for its family-friendly atmosphere, excellent schools, and easy access to highways and public transportation. In this post, we will explore the real estate trends in Dollard-des-Ormeaux in 2023, as well as highlight the features that make this neighborhood a desirable place to live.
Real Estate Market Trends in 2023
In 2023, Dollard-des-Ormeaux continues to be a highly sought-after neighborhood, attracting families and young professionals alike. The real estate market in DDO is expected to remain stable, with modest price increases over the next few years. According to the Quebec Professional Association of Real Estate Brokers, the median price of a single-family home in DDO was $630,000 in 2022, a 5% increase from the previous year. Condominiums and townhouses are also popular options, with prices averaging from $300,000 to $500,000.
One reason for the steady demand for homes in Dollard-des-Ormeaux is its prime location. The neighborhood is situated in the heart of the West Island, which is known for its high quality of life and excellent amenities. DDO is conveniently located near major highways, including Highway 40 and the Trans-Canada Highway, making it easy to commute to downtown Montreal or other parts of the city. Additionally, DDO has access to several public transportation options, including buses and trains, and is not far from the REM station.
Another factor driving demand for homes in Dollard-des-Ormeaux is the quality of the schools in the area. DDO is home to several highly rated public and private schools, making it an attractive option for families with children. Some of the top schools in the area include Westpark Elementary School, St. Thomas High School, and École Dollard-des-Ormeaux.
Highlights of the Neighborhood
In addition to its prime location and excellent schools, Dollard-des-Ormeaux has several other features that make it a desirable place to live. Below are some of the highlights of the neighborhood:
Parks and Recreation
DDO is home to several parks and green spaces, including Centennial Park, which features walking and biking paths, a large lake, and several sports fields. Other popular parks in the area include Sunnybrooke Park, which has a playground, splash pad, and basketball courts, and Westminster Park, which has a soccer field, baseball diamond, and a winter skating rink. DDO is also home to several community centers, including the Aquatic and Community Center, which has a pool, gymnasium, and fitness center.
Shopping and Dining
There are many shopping and dining options in Dollard-des-Ormeaux, including nearby Fairview in Pointe-Claire, a large shopping center that features over 200 stores and restaurants. Other popular shopping destinations in the area include Plaza Pointe-Claire and the Sources Boulevard shopping center. There are also many dining options in DDO, including Italian, Greek, and Asian cuisine, as well as several cafes and bakeries.
Community Events
DDO is a vibrant community with several annual events and festivals. Some of the most popular events in the area include the Dollard Street Fair, which features food, music, and games, and the Winter Carnival, which includes ice skating, sledding, and hot cocoa. Other community events in DDO include movie nights in the park, outdoor concerts, and cultural celebrations.
In conclusion, Dollard-des-Ormeaux remains a highly sought-after neighborhood in Montreal’s real estate market in 2023. The area’s prime location, excellent schools, community parks, and extensive recreational facilities make it a top choice for families and professionals alike.
Despite the high demand and competitive market, Dollard-des-Ormeaux continues to offer a unique community feel, with local businesses, community events, and a strong sense of belonging among residents.
Overall, Dollard-des-Ormeaux’s real estate market in 2023 is thriving, and the area’s features make it a desirable place to live, work, and raise a family. With its continued growth and development, Dollard-des-Ormeaux will undoubtedly remain a significant player in Montreal’s real estate market for years to come.
