Marco Lopez, Groupe Sutton-Clodem
The trade in this neighbourhood
In LaSalle, a real estate broker's daily work is deeply shaped by the structure of the local housing stock, where single-family homes represent only 11.2% of properties. With the share of renter households reaching 60.7%, transactions mostly involve plexes and co-ownerships. The professional constantly navigates this transitional market, helping tenants transition into homeownership or assisting investors in acquiring multi-unit properties.
The age of the local housing stock also dictates the broker's protective role. With a median construction year of 1974, properties require careful physical evaluation, especially since 7.4% of dwellings need major repairs. To secure these delicate transactions, the broker diligently applies the standards of the Organisme d'autoréglementation du courtage immobilier du Québec (OACIQ), protecting buyers from unexpected expenses in these aging structures.
Frequently asked questions
- I am looking for a single-family home in LaSalle, is this a realistic project?
- These properties are rare since the share of single-family homes is only 11.2% in the borough. A broker will help you target the specific pockets where they exist or evaluate alternative options like spacious duplexes.
- With a housing stock whose median construction year is 1974, what should I expect during the building inspection?
- Buildings from this era require careful examination, as 7.4% of dwellings need major repairs. Your broker will write protective inspection clauses to evaluate the structure and original components.
- How does the high proportion of tenants affect my purchase of a plex in LaSalle?
- Since renter households occupy 60.7% of dwellings, buying an income property requires complying with residential lease regulations. Your broker will guide you through the legal steps if you plan to occupy one of the units.
Professionals
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