The Réseau express métropolitain (REM) continues to generate significant buzz on Montreal's South Shore, particularly regarding its potential impact on real estate prices. Although the official route does not directly serve Chambly, the repercussions of this major project are already being felt throughout the Montérégie region.
The REM and its Influence on the South Shore Real Estate Market
Since the announcement of the different phases of the REM, we have observed a notable transformation in real estate dynamics across Greater Montreal. Municipalities directly served, such as Brossard, Saint-Hubert, and Longueuil, have seen their property prices experience a significant increase, creating a ripple effect towards peripheral sectors.
The Domino Effect Towards Chambly
This real estate pressure naturally pushes buyers towards municipalities like Chambly and Carignan, where prices remain more affordable while offering an exceptional quality of life. In 2024, we are seeing an increase in demand for Chambly properties, particularly from buyers who work in Montreal.
- 12% increase in visits for Chambly properties since 2023
- Average selling time reduced by 15 days compared to 2022
- Growing interest in new construction projects
Analysis of Chambly Real Estate Prices in 2024
The Chambly real estate market indirectly benefits from the REM effect. While prices in directly served sectors are soaring, Chambly still presents interesting opportunities for families and investors.
Price Evolution by Sector
The most sought-after sectors in Chambly include:
- Old Chambly: historic charm and proximity to the Chambly Basin
- Patriotes Sector: recent developments and easy access to Highway 35
- Domaine de Chambly: a popular family neighborhood with nearby schools
"The lack of direct REM service in Chambly is not necessarily a disadvantage. It maintains a balance between accessibility and residential tranquility that many buyers are seeking." - Marc Pouliot, RE/MAX Privilège Broker
Connectivity and Accessibility: Chambly's Assets
Although the REM does not directly serve Chambly, the municipality benefits from excellent connections to the network's stations. The proximity to Saint-Bruno-de-Montarville and easy access to Longueuil via Highway 35 largely compensate for this situation.
Existing Transportation Options
Chambly residents already benefit from several options to reach downtown:
- Bus service to the Longueuil terminus
- Park-and-ride lots in Saint-Bruno-de-Montarville
- Organized carpooling to future REM stations
- Bike paths connected to the metropolitan network
Real Estate Investment Prospects
For investors and future homeowners, Chambly represents a strategic opportunity. The municipality offers the perfect balance between potential growth and market stability, without the excessive speculation observed in certain sectors of Brossard or La Prairie.
Future Sectors to Watch
Several developments are expected in the coming years:
- New residential projects along the Richelieu River
- Improvement of public transit infrastructure
- Commercial development in the heart of Old Chambly
- Densification projects respecting the heritage character
Expert Advice for Buyers
As an experienced broker on Montreal's South Shore, I recommend potential buyers consider Chambly as a viable alternative to municipalities directly served by the REM. The quality of life, quality municipal services, and medium-term appreciation potential make it a wise choice.
It is important to carefully evaluate your transportation needs and plan your future commutes. A personalized analysis of your situation will allow you to make an informed decision regarding your next real estate purchase in the region.
