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.
A three-story penthouse, located in the Cité du Multimédia, within walking distance of the Bell Center, has just been purchased by Canadiens center player Alex Newhook for nearly $100,000 less than the listed price.
Melissa Pirrera, Royal LePage Village
Melissa Pirrera, Royal LePage Village
The approximately 1,500 square foot condominium includes ten rooms, including three bedrooms, two bathrooms and a private roof terrace, offering a seemingly breathtaking panoramic view of downtown, Griffintown and Old Montreal.
The recently built apartment offers a private balcony with BBQ, a spacious fully furnished roof terrace, including a garden shed, a spa, an outdoor propane fireplace and a built-in speaker system. One of the lower floors offers an open living space, organized around a grand piano, also included in the transaction.
Melissa Pirrera, Royal LePage Village
Melissa Pirrera, Royal LePage Village
The owner, a manager of a Montreal consulting company, purchased this co-ownership in the spring of 2019 from a Montreal couple. The amount paid at the time: $1,075,000.
Five years later, the latter put the condo back on the market, this time for $1,349,000. This call price represented an increase of 25%, or $274,000, compared to the price paid five years earlier.
Melissa Pirrera, Royal LePage Village
Melissa Pirrera, Royal LePage Village
A sign that the market is tightening in this area of the city center where supply is abundant, the selling owner had to accept a proposal lower than expectations. The young forward, who arrived from Colorado in 2023 with already a Stanley Cup in his pocket, will ultimately have paid $1,250,000, or $99,000 or 7.3% below the price posted in June.
On the last assessment roll, this co-ownership apartment was assigned a value of $1,199,400. This was an increase of $120,700, or 12%, from its previous assessment of $999,500.
Its municipal taxes amount to $7,531 in 2024. According to the deed of sale, signed before a notary at the end of the summer, the new owner had to pay a transfer tax of $22,931 in addition. , all payable to the City of Montreal.
– With the collaboration of Philippe Langlois, from the Investigation Bureau.
THE PRICES OF TEN OTHER RECENTLY COMPLETED TRANSACTIONS
1000, boulevard de Maisonneuve Ouest # PH7, Montréal 5 050 000$
1245, rue de Bleury # 5705, Montreall 4 858 178$
3, rue Lakeview, Baie-D’Urfé 3 100 000$
32, chemin du Bord-du-Lac–Lakeshore # 902, Pointe-Claire 2 795 207$
2135, chemin Poissant, Sutton 2 750 000$
1375, chemin du Lac, Sainte-Catherine-de-Hatley 2 625 000$
47, chemin Charbonneau, Saint Donat 2 500 000$
7, avenue d’Arles, Esterel 2 350 000$
1100, rue Les Érables # 604, Laval 2 242 013$
14541, Côte des Corbeil, Mirabel 2 100 000$
Got wind of an interest transaction? Do not hesitate to communicate it to [email protected].