Queen Alix in Montreal

Name: Sales in Queen Alix started!
Start: 2020-10-13T06:35:46.379137+00:00
End: 2023-12-31T23:59:59+0000
Location: Queen Alix

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Project info

Object ID: 9839

Finished at	December 2020
Price, m²	From 5500$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Aparment building
Square	from 130.00 m²
Floors	4
Apartments	25
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Near hospital Nearby subway stations De Castelnau 1 min Outremont 5 min Parc 5 min Jean-Talon 5 min Acadie 6 min Université-de-Montréal 9 min Édouard-Montpetit 9 min Jarry 11 min Côte-des-Neiges 11 min Fabre 12 min Beaubien 15 min Villa-Maria 16 min Snowdon 17 min D'Iberville 19 min Côte-Sainte-/Catherine 19 min
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Return on investment for apartment

with price

11,755$

Rental income

1,103$

Management

689$

Utilities

587$

5% Income tax

9,376$

Net profit

Month	Days in month	Occupancy, %	Occupancy, days	ADR	Total
January	31	16%	5	55$	275$
February	28	21%	6	55$	330$
March	31	12%	4	60$	240$
April	30	16%	5	60$	300$
May	31	25%	8	60$	480$
June	30	60%	18	80$	1440$
July	31	77%	24	120$	2880$
August	31	77%	24	130$	3120$
September	30	40%	12	100$	1200$
October	31	38%	12	60$	720$
November	30	23%	7	55$	385$
December	31	22%	7	55$	385$
Total	365		132		11755$
Average		35%		74$

Total invested

715,000$

Net profit

9,376$

Payback period

60.8 years

Avg property value increase per year

Open ROI calculator

Promos and discounts for Queen Alix

About the project

In the heart of the neighborhood, two Alexandras cross paths. One is the young princess of Denmark, affectionately nicknamed Alix by her loved ones; the other is an older, more mature Alexandra, Queen of Britain. We felt compelled to pay homage to them in the form of a new project, Queen Alix. Inspired by the district’s rich history and by its recent artistic effervescence, this new development simultaneously pays tribute to the past, the present and the future.

Located at the intersection of Alexandra St. and Alexandra Ave., Queen Alix promises to integrate harmoniously and respectfully into the contrasting landscape of the Marconi-Alexandra district by focusing on community development and sustainability. Inspired by the neighborhood’s unique mix of artists, professionals, and families, the project promotes an enhanced quality of life, thanks to a concrete structure that allows absolute relaxation inside and peaceful, tranquil spaces outside.

The project features a wide range of housing options: lofts, one- to three-bedroom condos, townhouses complete with a backyard, and luxurious penthouses featuring an open-air garden. The building will also accommodate a small commercial space at street level, with a storefront on one of Montreal’s most unusual intersections.

Living at Queen Alix means enjoying a peaceful environment in the heart of the city. Close proximity to Jean-Talon Market, Saint-Laurent Blvd., Mile-End, and Outremont make this neighborhood an ideal location for modern families.