441, Av. du Président-Kennedy, 1400, H3A0A4 ,Ville-Marie (Montréal) - MLS: 19590434
$575,000› Ville-Marie (Montréal)› Apartment
Chambres2 Salle de bain2 Pièces5 Superficie923 sq ftAnnée de construction2007
Superb upscale condo in choice location close to all services. Corner unit with unobstructed view of le Quartier des Spectacles, very bright. 24 hour security service and gym. 2 bathrooms including 1 ensuite bathroom. Walking distance to Metro Place des Arts, McGill University and Université UQAM. CAN BE SOLD WITH GARAGE SPACE – $45 000.
Le Concorde is a quality building in the Downtown Core of
Ideally located, it is less than 5 minutes walk from the
-McGill and Place des Arts Subway stations (green line)
-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
-1 quality foods mini-market
-1 SAQ (liquor store)
-Dozens of stores, cafes, restaurants, bars, and pubs.
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.