NOTE: This article has been updated (April 2009). Read more about Club Sommet A small clip from the Montreal Gazette article: "Condo conversions aren't allowed in many Montreal boroughs, so apartment owners are using another tack to sell their properties - and renters want the city to make sure they're protected against sudden eviction. Condo conversion is out and co-op conversion is … [Read more...]
Montreal’s most expensive condo. Whoa!
April 7, 2008 By 9 Comments
As you already know, Montreal's first quarter market reports were released last week, and the average price of a condo is now $205,000, a 2% increase from last year. Well, a price like that won't get you much in Montreal's hottest spots. If the average price is 205k, what's the most expensive apartment for sale at this moment? We searched online for properties over 3 million in the metropolitan … [Read more...]
Condo-Hotel Le Crystal is now open
March 31, 2008 By 4 Comments
$80 million and three years later, the new and stylish Condo Hotel Le Crystal opens its doors for business. You know you've been waiting to hear about it. The building itself is quite impressive to look at, and we're not so worried about it's popularity; considering they are also the owners of the trendy Le Saint-Sulpice in Old Montreal, (supposedly, one with the highest occupancy rates in the … [Read more...]
SLEB: The criminal scandal behind the luxury project.
March 12, 2008 By 5 Comments
The luxury condo development called Sleb on the corner of St. Laurent and Ontario was originally started by Minco Construction. In 2003 by Luciano Minicucci. Dozens of home buyers invested at the pre-construction level of this project. The project started in 2003 to be completed in 2005 and that same year Minco Construction sought bankruptcy protection from it’s creditors, since then no work … [Read more...]
Lets connect