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$425,000

Apartment for sale - Ville-Marie (Central)

$425,000

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$425,000

Apartment for sale - Ville-Marie (Central)

$425,000

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441 Av. du Président-Kennedy, app.1605, Ville-Marie (Central), H3A 0A4

Le Concorde one of the best located and most sought after buildings in Downtown Montreal. Live close to all the action of the Quarter des Spectacles, close to McGill and the world famous Underground city. This unusually large one bedroom corner unit offers the perfect combination of living space, volume and natural light. Available immediately.

  • NUMBER OF ROOMS : 4
  • Year built : 2007
ALEXANDER KAY
Real Estate Broker
Brokers tranquilit
Building details and property interior
Particularities plusParticularities minus

2007

800 SF

Aluminum

Concrete

16th floor : AU

Ensuite bathroom , Separate shower

Addenda
Particularities plusParticularities minus

Le Concorde is a quality building in the Downtown Core of Montreal.
Ideally located, it is less than 5 minutes walk from the following
-Underground city
-McGill and Place des Arts Subway stations (green line)
-McGill University
-REM Station McGill (Opening 2022)
-Place des Arts (Location of Just for Laughs, Francofolies and Jazz festivals)
-Two grocery stores (IGA & Metro)
-5 Convenience stores
-2 Pharmacies
-1 quality foods mini-market
-1 SAQ (liquor store)
-Dozens of stores, cafes, restaurants, bars, and pubs.
-2 gyms
Le Concorde has a 24/7 Doorman service and concierge so there is always someone in the building.
The contingency fund is well over $700,000 (2019) and the condo fees are deceivingly high as they include hot water, AC, and a monthly contribution to the contingency fund that matches a study of the financial requirements for the maintenance of the building for years to come. It is a testimony to how well run the building is which will secure the value of every unit in Le Concorde.
Also worthy of note is that the building has only 125 units which reduces the economy of scale which a larger building would benefit from. A smaller unit in a building with 300 or 500 units will therefore have lower condo fees but at the same time will enjoy less of a personalised service. Furthermore, the cost per square foot of smaller condos in larger buildings will be closer to $800-$900 per square foot versus $500-$600 for Le Concorde.

Parking spaces, when available, will be around $200/mo to rent and between $50,000 and $60,000 to purchase.
The building requires a move-in fee of $100 with a $500 refundable damage deposit.

Building details and property interior
Particularities plusParticularities minus

2007

800 SF

Aluminum

Concrete

16th floor : AU

Ensuite bathroom , Separate shower

Lot and exterior features
Particularities plusParticularities minus

View of the city

Highway , CEGEP , Daycare centre , Hospital , Metro , Park , Bicycle path , Elementary school , High school , Commuter train , Public transportation , University

Room details
Particularities plusParticularities minus
Room Level Dimensions Flooring Description
Living room 16th 18' X 13'6" Wood
Dining room 16th 9'8" X 12'4" Wood
Kitchen 16th 8'1" X 8'7" Wood
Master bedroom 16th 9' X 17'8" Wood
Characteristics
Particularities plusParticularities minus

Electric baseboard units

Electricity

Mobility impaired accessible , Elevator(s) , Central air conditioning , Fire detector , Air exchange system , Sprinklers , Intercom , Partially furnished

Municipality

Municipality

Included & Excluded
Particularities plusParticularities minus

Fridge, dish washer, stove, washer, microwave oven

Not specified

Financial details
Particularities plusParticularities minus
Assessment (2020)
Taxes
  • (2020)
  • (2019)
Annual Expenses
441 Av. du Président-Kennedy, app.1605, Ville-Marie (Central), H3A 0A4
NEIGHBOURHOOD STATISTICS
  • Statistics Person living alone
  • Statistics Families with children
  • Statistics Families with no children
  • 5.5%
  • 21.5%
  • 3.3%
  • 8.3%
  • 60.2%
  • 0.0%
  • 0.8%
  • 0.3%
  • 24.3%
  • 74.6%
UnilingualFrenchUnilingualEnglishBilingual(fr/en)Other 0% 10% 20% 30% 40% 50% 60% 70% 80% 90%100%
  • Statistics Household
  • Statistics Individual
  • Statistics Owners
  • Statistics Renters
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ALEXANDER KAY
Real Estate Broker
Brokers tranquilit

MORTGAGE PAYMENTS CALCULATOR

Financial details

Assessment (2020)
Taxes
  • (2020)
  • (2019)
Annual Expenses
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