iQuartier in Montreal

Name: Sales in iQuartier started!
Start: 2020-10-09T13:19:31.418784+00:00
End: 2023-12-31T23:59:59+0000
Location: iQuartier

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Property for sale in iQuartier — look at the real estate search engine GEOLN.COM. Photo 1

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Project info

Object ID: 9815

Finished at	May 2018
Price, m²	From 6365$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 40.00 m²
Floors	7
Apartments	57
Building phase	Completed
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Berri-/UQAM 5 min Berri-UQAM 5 min Saint-Laurent 7 min Beaudry 7 min Sherbrooke 8 min Préfontaine 8 min Champ-de-/Mars 8 min Square-/Victoria–OACI 9 min Place-des-Arts 10 min Frontenac 10 min Papineau 11 min Bonaventure 11 min Joliette 12 min Pie-IX 13 min McGill 13 min Lucien-/L'Allier 15 min Peel 17 min Charlevoix 18 min Viau 18 min LaSalle 19 min Assomption 20 min Georges/-Vanier 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

254,600$

Net profit

5,883$

Payback period

31.5 years

Avg property value increase per year

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About the project

Strategically located at the center line of Montreal, where east meets west, at the intersection of Boulevard St. Laurent & Sherbrooke Street, also known as the «main» is the home to the new iQuartier condos. Here, on the Main, nestled in Quartier des Spectacles, iQuartier condos offers easy access to a multitude of culturally diverse services, business institutions, recreational activities, educational & business institutions, including McGill University, Mount Royal Park, Place des Arts, Quartier Latin, all within walking distance.

Developer

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