Market Trends for Saguenay 2023 | Multifamily and Industrial

The multi-residential and industrial real estate market in Saguenay underwent a notable transition between January 2022 and December 2023, characterized by significant shifts. In this article, we will focus on a detailed analysis of the multifamily market, including those with 5 to 11 units, those with 12 to 24 units, and the industrial market.

Real estate development on the LeBreton flats

The National Capital Commission (NCC) has finalized an agreement with Avenue 31 Capital Inc. and Cogir for the development of 900 units on LeBreton Flats, prioritizing sustainable design and community integration.

New Benchmark in Parc Extension

The record sale of a new 7-unit building in Parc-Extension for $2,475,000 sets a new standard, emphasizing the significance of high-quality new constructions and potentially influencing future decisions regarding the value of multi-residential properties in the region.