Old Montreal Building: Sold or Not?

oldMtl-sold

Remember this building? I just got word from one of the merchants in this area that this building had finally sold. There seems to be a difference of prices between my sources, some say it went from 1.3M to a final 1.2 Million. Which isn’t bad at all since they were first asking 1.3 Million, it means it sold for 100k less than asking price. They city should be happy, n’est pas?. In any case, I haven’t checked the registry to see if the actual sale took place or not, and for how much- I’d be curious to see the actual numbers, but even better than that: what’s the new owner’s plans for this place?
For those of you whow don’t know the story, this property was offered for sale by the city of Montreal, last april- we didn’t follow up since they stop receiving offers (nothing to blog about, right?), now it seems we have a winner. You can see here the previous article.

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Posted by:  Deya Bautista - Real Estate Broker working as part of the McGill Immobilier team. Specializing in high end condos in downtown and Old Montreal. For buying or selling contact Deya at: 514.917.7889


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Comments

  1. Deyanira BautistaNo Gravatar says:

    They’ve been fixing and repairing the city hall for a while. I’m guessing by next spring we’ll be able to see the building without scaffolding. They do take care of the maintenance though.
    Wish it was the same care for the roads.

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