What is a Single Family Home?

A Single Family Home is a residential property in which the building is maintained and used as a single dwelling unit. Most single family homes also include a yard or garden.

Montreal's growing and changing market has also pushed up the growth of single family homes as a viable investment. Unlike condos, single family homes have their own advantages and disadvantages.

Advantages of buying a single family home:

• Single family homes can cost more but also tend to be less subjective to market fluctuation, because of their unique characteristics. 
• More privacy - Single family homes are usually enclosed within a fence, offering more privacy to the homeowner. 
• Your house - your rules! - Single family homes offer more freedom to renovate or maintain the property as per the homeowner's wishes. 

Disadvantages of owning a single family home:

• Buying a single family home will cost more than buying a condominium
• Single family homes are usually located further away from the downtown core 
• Higher maintenance costs, as all repairs are paid for by a single homeowner