Skip to main content

The Amphitheatre of Quebec: a Real-estate Boom

The Amphitheatre of Quebec: a Real-estate Boom

The construction of the new amphitheatre of Quebec has not even started yet and already the real- estate market of the Limoilou district is in full effervescence.

For the whole of Limoilou, one has noticed 13 registrations of co-ownerships, during the last 30 days, which led to seven sales. For the duplex and triplex, one counted 30 new registrations and four sales.

But it is in the old Stadacona sector, just opposite the site of ExpoCité, and thus of the future new amphitheatre, that the buzzing is most palpable. Almost all of the tradesmen of the sector have received offers of purchase and rare are the owners of residences who did not receive any.

“I make many requests,” affirmed Nicolas Drapeau. “We call people and they say to us that we are not the first to do so. It is a sector where there are many elderly people. It is paid for a long time ago and they wait for the good moment to sell.” 

Remains that an offer of purchase does not necessarily lead to a sale. Many tradesmen are tempted to invest to be able to benefit themselves from the windfall of the new amphitheatre.

The Labeaume administration would like, as far as they are concerned, that a hotel would come to  establish itself in the vicinity of the Coliseum. Besides, talks are going on on this subject. But vacant grounds are rare in the sector. There is only one of them, in fact, along Soumande Street, on the other side of the Laurentian motorway.

About the author

Québec Landlords Association (1)

Join now

Not already member of the APQ ?

Take advantage of all our services by joining now

This site uses cookies in order to provide you with the best possible user experience. By continuing to browse this site, you agree to the use of cookies.