Best condo management practice exhibition

for Condo Directors, Condo Owners – to Invite Condo Management &

for property Management Companies/ and manager – to Showcase Condo Businesses

Montreal

Costs – vs – Values

Best condo Management practice. Montreal

Montréal is the largest city in Canada’s Québec province. It’s set on an island in the Saint Lawrence River and named after Mt. Royal, the triple-peaked hill at its heart. Its boroughs, many of which were once independent cities, include neighbourhoods ranging from cobblestoned, French colonial Vieux-Montréal – with the Gothic Revival Notre-Dame Basilica at its centre – to bohemian Plateau.

The living prices are lover than on Ontario due to economics but average condo  fees,  based on information of 2018 year, are ~ 3 times lover.

Click on any picture to enlarge a photo gallery 

#1

 

2016 year.  38 flors

Condo Management Major Achievements!

Condo management reached a great combination of  condo fees and a high quality of maintenance:

1825 sqft Condo (3 bds, 3 full bathrooms, 2 balconies and 2 interior garages, 1 locker) Valued $1,800,000 has $800/month condo fees!

 

Condo Fee $0.44 psf/month (calculated per sf of living space and actually less) vs Av. Market Value $986 psf

Major Amenities!

AMENITIES: * Salt water lap pool (40 X 9 feet) * Exterior hot tub, * State of the art gym and yoga room * Conference room with outdoor terrace and kitchenette * Common terrace with garden and outdoor furniture * Outdoor tennis court in the heart of downtown * 5 story-parking with an electrical terminal for eco-friendly users

BUILDING * 24/7 security, programmed security access all around and concierge services on site * Central ventilation (per floor vs per unit) * On site management company assuring continuous long term service * On site concierge to answer all your needs * 24-foot ceilings in lobby overlooking public atrium * Central boiler for hot water

CONDO: * Smart Condo technology with Domotique controls * European style kitchen with 7 high-end appliances included * Central air conditioning

#2

1989 year. 12 flors

Old, but perfectly maintained building in the heart of Montreal with St Laurence and mountains view, tropical atrium, indoor and outdoor saltwater swimming pools, sauna, gym, squash and tennis court, exotic terraces temperature-controlled wine lockers. Hourly shuttle service. 

Condo Management Major Achievements!

LUXURIOUS 2895 sq. ft. condo with a huge private rooftop terrace, 1 private garage parking space, 1 locker, 1 temperature-controlled wine locker, semi-private elevator services for 2 units

condo fee is just $0.74 psf/month $2216 per month! total

Condo Fee $0.74 psf/month (calculated per sf of living space and actually less) vs Av. Market Value $603 psf

Condo Major Amenities!

Tropical atrium, indoor and outdoor saltwater swimming pools, sauna, gym, squash and tennis court.
Private rooftop terraces into tropical atrium! Hourly shuttle service.
Temperature-controlled wine lockers
Semi-private elevator services 2 units.

#3  

2005 year. 23 flors

Incredible condo building with spectacular unobstructed views of the river from each room.

2 heated pools (indoor and outdoor), golf imitator room, games room, a great gym, party room, The property boasts grand proportions, high quality finishings, an inviting open plan, large fenestration, sizeable bedrooms with ensuites, balconies, underground parking, 24/7 security.

Condo Management Major Achievements!

Condo building has a wide range of amenities including indoor ND outdoor pool Amenities  are greatly maintained for $0.39 psf/month (including 3 parking spots) .

CONDO FEES OF 2635 SF 3 bdr and 3 +1 bathroom condo Unit with 3 indoor parking spots, 2 private balconies has market value $1,800,000 and monthly condo fees just $1037 month including 3 parking spots

Condo Fee $0.37 psf/month  vs Av. Market Value $683 psf

Condo Major Amenities!

Outdoor and indoor heated pools, 24/7 security, games room, party room, guests' lounge, gym, golf imitator, water included

Information is updated as of August 24, 2021

Disclaimer:

CondoBI materials are based on Real Estate data available to public. Data is updating once a month. CondoBI is not responsible for any errors, omissions etc. All data and references are just to let condo owners, directors, condo managers and management companies some comparable information to use for condo management improvements.

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