Prestance Townhouses in Montreal

Name: Sales in Prestance Townhouses started!
Start: 2020-10-13T08:42:55.744088+00:00
End: 2023-12-31T23:59:59+0000
Location: Prestance Townhouses

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

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Project info

Object ID: 9850

Finished at	July 2020
Price, m²	From 3100$
Buy online	Details
Installment plan	—
Bank mortgage
Property type	Townhouse
Square	from 240.00 m²
Floors	3
Apartments	27
Condition	Turnkey
Construction type	Monolyth
Security	—
Conveniences	Parking Kids playground Near school Near kindergarten Near supermarket Nearby subway stations Berri-/UQAM 4 min Berri-UQAM 4 min Saint-Laurent 4 min Sherbrooke 6 min Square-/Victoria–OACI 7 min Place-des-Arts 7 min Beaudry 8 min Champ-de-/Mars 8 min Bonaventure 9 min Préfontaine 10 min McGill 11 min Papineau 12 min Frontenac 12 min Lucien-/L'Allier 12 min Joliette 14 min Peel 14 min Pie-IX 15 min Charlevoix 16 min LaSalle 17 min Georges/-Vanier 18 min De L'Église 20 min Mont-Royal 20 min Viau 21 min Guy-Concordia 21 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

744,000$

Net profit

9,376$

Payback period

63.3 years

Avg property value increase per year

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About the project

Set between the streets Sherbrooke and Ontario on rue Plessis and rue Panet, PRESTANCE townhouses of twenty-seven three, four or five bedroom townhomes contribute an elegant urban energy to Montreal’s Ville-Marie district. Serene side streets and established parks complement the shopping conveniences offered at neighborhood businesses. Within walking distance of metro stations Beaudry and Papineau and La Fontaine Park. All the best this neighborhood has to offer.

Townhouse developments are a great option for those looking for modern spaces, separation within the floor plan and roof top decks.

Several great features: private interior garage, finished basement, luxurious finishes, “waterfall” quartz kitchen counter, shower and bathtub in an enclosed glass shower and so much more.