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Monarc Condominiums in Montreal

Name: Sales in Monarc Condominiums started!
Start: 2020-10-09T12:25:39.336881+00:00
End: 2023-12-31T23:59:59+0000
Location: Monarc Condominiums

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Project info

Object ID: 9809

Finished at	December 2021
Price, m²	From 4050$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 39.00 m²
Floors	13
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Spa Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations De La Concorde 19 min Montmorency 21 min
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Personal discount certificate 300$
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Return on investment for apartment

with price

8,078$

Rental income

1,103$

Management

689$

Utilities

403$

5% Income tax

5,883$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	29%	9	25$	225$
February	28	35%	10	25$	250$
March	31	25%	8	27$	216$
April	30	26%	8	35$	280$
May	31	51%	16	35$	560$
June	30	80%	24	38$	912$
July	31	87%	27	55$	1485$
August	31	87%	27	70$	1890$
September	30	66%	20	45$	900$
October	31	64%	20	35$	700$
November	30	40%	12	25$	300$
December	31	38%	12	30$	360$
Total	365		193		8078$
Average		52%		37$

Total invested

157,950$

Net profit

5,883$

Payback period

19.6 years

Avg property value increase per year

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About the project

A COMMUNITY AT THE CENTRE OF EVERYTHING

Monarc is a housing community project surrounded by everything you need nearby, for your quality of life on a daily basis.

THE ULTIMATE IN DESIGN

Between grandiose decor, intelligent ergonomics and abundant light, the interior spaces meet the requirements of the luxury hotel industry with a visionary approach. The shared workspace is inspired by the finest downtown offices. A large conference room and other closed office spaces are equipped to accommodate all your teleworking needs.

ERGONOMICS AND INTERIOR BEAUTY

Units designed for our comfort and magnified by a high-end design vibrant with emotion by Andres Escobar. The light, so important to our well-being, is abundant through the large windows that let it in from floor to ceiling.

A NEIGHBOURHOOD AT THE HEART OF EVERYTHING, WHERE ACTION AND CONTEMPLATION MEET.

The Monarc is strategically located between the boutiques and restaurants of Place Vertu and the lush flora of Marcel Laurin Park. Several fitness destinations, as well as banking, health and transportation services are just steps away. Major highways and the Montréal-Trudeau International Airport surround you for your travel needs.

Developer

Years ago, Patrice Groleau and Debby Doktorczyk recognized a lack of real estate agencies in Montreal that specialize in marketing condo pro…
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