Drummond Condominiums in Montreal

Name: Sales in Drummond Condominiums started!
Start: 2020-10-10T07:25:04.194394+00:00
End: 2023-12-31T23:59:59+0000
Location: Drummond Condominiums

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Project info

Object ID: 9816

Finished at	December 2020
Price, m²	From 5800$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 51.00 m²
Floors	23
Apartments	210
Condition	Turnkey
Construction type	Monolyth
Security	CCTV Security Reception
Conveniences	Parking Fitness Pool Commercial area Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations Peel 1 min Georges/-Vanier 2 min McGill 4 min Lucien-/L'Allier 4 min Guy-Concordia 6 min Lionel-Groulx 6 min Lionel-/Groulx 6 min Place-des-Arts 8 min Charlevoix 8 min Bonaventure 9 min Sherbrooke 10 min Atwater 11 min Mont-Royal 11 min Saint-Laurent 12 min Verdun 12 min Square-/Victoria–OACI 12 min LaSalle 12 min De L'Église 13 min Place-/d'Armes 14 min Jolicoeur 14 min Laurier 16 min Berri-/UQAM 17 min Berri-UQAM 17 min Champ-de-/Mars 20 min
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Return on investment for apartment

with price

9,495$

Rental income

1,103$

Management

689$

Utilities

474$

5% Income tax

7,229$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	25%	8	35$	280$
February	28	32%	9	35$	315$
March	31	19%	6	35$	210$
April	30	20%	6	45$	270$
May	31	38%	12	45$	540$
June	30	66%	20	50$	1000$
July	31	83%	26	80$	2080$
August	31	83%	26	85$	2210$
September	30	60%	18	60$	1080$
October	31	58%	18	45$	810$
November	30	33%	10	35$	350$
December	31	32%	10	35$	350$
Total	365		169		9495$
Average		45%		48$

Total invested

295,800$

Net profit

7,229$

Payback period

31.2 years

Avg property value increase per year

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Promos and discounts for Drummond Condominiums

About the project

Located in the heart of downtown Montréal on Drummond Street, Le Drummond Condominiums marries the elegance of modern architecture with the energy of a downtown lifestyle. A state-of-the-art residential high-rise, Le Drummond is exceptionally located, only steps form the finest boutiques, cuisines, museums and nightlife Montréal has to offer.

The sleek exterior of the buildings features an abundance of fenestration and encompasses the essence of modern design while respecting the surrounding architecture. In addition, the hyper-efficient layout of each unit is a staple of Samcon. Further, owner's can personalize their brand-new unit.

The central Cube is a magnificent space located at the junction of both towers and includes a lounge and fully equipped two-level fitness centre. Owner's at Le Drummond will also benefit from a gorgeous rooftop experience. Boasting panoramic views of Mount-Royal and downtown, it is replete with a saline pool, deck, lounge area, and dining space. This is your very own urban oasis.

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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