Every day, hundreds of properties change hands in Quebec, most without us knowing the fine details. That was before we were interested in it… Here is the last transaction that caught our attention.
The new general delegate of Quebec in Paris, Henri-Paul Rousseau, has finally sold his Montreal condominium, not without first having to agree to a significant price reduction to achieve this.
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
Located in a former convent built in 1911, a stone’s throw from Mount Royal Park, the condominium apartment has nine rooms of 2,299 square feet, spread over three floors.
In addition, the unit includes three bedrooms, two bathrooms and a powder room, ceilings over 30 feet high, four exterior terraces on two levels and windows on three facades, including the immense rose window of origin which adorns the entrance to the former Catholic convent.
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
The property, originally occupied by the Sisters of Marie Réparatrice, also has two indoor parking spaces and six outdoor parking permits for guests, a rarity in Montreal.
Henri-Paul Rousseau, then president and CEO of the Caisse de dépôt et placement du Québec, and his wife purchased this residence in August 2003 for $748,000, plus taxes ($97,706.59).
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
Twenty-one years later, in the days following his political appointment in Paris by Prime Minister François Legault, the businessman put his house up for sale, at the asking price of $3.35 million.
A sale was finally concluded on October 23, with a couple of doctors, for $2,743,000. That’s $607,000, or 18%, less than the price the sellers were initially hoping for.
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
Taken from the Centris page of Sabine Karsenti, of Sutton Immobilia
On the last three-year assessment roll, this property was assigned a value of $2,092,100 (2021). Its value had increased by 32% compared to its previous assessment of $1,584,900 (2018).
In 2024, its municipal taxes amounted to $13,007, its school taxes to $1,682 and its condominium fees to $15,132. According to the deed of sale, signed before a notary, the new owners also had to pay a transfer tax of $64,587, payable to the City of Montreal.
– With the collaboration of Philippe Langlois, from the Investigation Bureau.
THE PRICES OF TEN OTHER RECENTLY COMPLETED TRANSACTIONS
4332 Westmount Avenue, Westmount 7 500 000$
749 Rosenberry Road, Sutton 4 200 000$
504 Stagecoach Road, Brome Lake 3 750 000$
657, avenue Belmont, Westmount 3 100 000$
2776, rue des Andes, Montréal 2 400 000$
3150 Round Bay Road, Ayer’s Cliff 2 300 000$
1455, rue du Capitaine-Bernier, Québec 2 280 000$
505, rue de l’Escale # 1901, Brossard 2 335 601$
4139, chemin Lotbinière, Saint-Lazare 2 025 000$
45, rue de Clervaux, Rosemère 1 639 000$
Got wind of an interest transaction? Do not hesitate to communicate it to [email protected].
