Deyanira
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I've visited the first phase but I haven't been able to see the second, from the inside yet. If this will resemble the interior design of the phase 1 then I imagine it will take a while. You're right there's a lot of detail inside the units. High quality materials. Loved to see it done.
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I can't wait to see this project finished. Does anyone knows why it's taking so long?
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This year I can only see one sale closed for multi-million condos. A penthouse in Pierre Dupuy was listed last summer for 3.8M. It sold in the beginning of April. They made a price adjustment to 3.37M and well, they finally sold. Unfortunately I cannot display the final sale price until it's notarized (I'm not allowed) So, yes there are a few places in the market but they take looooooong to sale. As for how low it can go, all depends. Sometimes a few hundred thousands, other times they even knock off a million and a bit.
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But at the same time it kinda makes sense. I mean, would you really spend all that money on a hotel based suite? For 3 millions I rather have a place with no strangers checking in on my main floor. Then again, that's my opinion. I wonder if the home owners get a separate elevator- I haven't seen the floor plans. There was another ultra expensive condo in old Montreal for 3.7 million, 3000+ sq ft and no parking. Still sitting there with no offers. I guess multi million dollar properties take more than a few months to sell. MTLskyline and HABSfan, thank you for the warm welcome!
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I just realized I never introduced myself to the group. Where are my manners? I'll be posting news, as soon as I get them. Great forum btw.
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and according to luxuryretreats.com - a website in the US, Penthouse is available for US$2,865,000 including parking and 3 lockers. I thought they'd be sold out by now.
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Where: Amherst corner of de la Gauchetière Size: 1 and 2 bedroom apartments. 40 units in total How much: Between $151,900 - $199,900 Developer: Mondev Construction And this is what it looks like now... Source: Montreal Real Estate Blog
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This is the latest picture from this project. Supposedly it's gonna be ready for the end of the summer but when I spoke to some of the workers there they told me the expected date to open is Sept. maybe October this year. I wrote a post on this at my blog: ETS Student Housing
