455 Rue Saint-Pierre, PH530, Montreal
Asking price: $2.8-million
Selling price: $2.65-million
Taxes: $17,828 (2020)
Days on the market: 10
Listing agent: Martin Rouleau, Engel & Volkers Montréal
What they got
A luxury penthouse condominium in the heart of historic Old Montreal, a district famous for its narrow cobblestoned streets and imposing carved stone buildings. The condo is in a Neo-Renaissance 40-unit edifice built in 1865; it’s just up the street from the Phi Centre, a hip showcase for the latest in art, film and technology. The condo building, known as the Caverhill, underwent a major renovation in 2001. The three-bedroom penthouse occupies two floors. There is indoor parking for three vehicles.
There was keen buyer interest in the 3,246-square-foot apartment, says agent Martin Rouleau. One house-hunter living in New York had a virtual visit arranged. In the end, the offer that was accepted came from a young Montrealer, Mr. Rouleau said. The sales process took only 10 days, a reflection of the continued robustness of Old Montreal’s condo market, he added. “There are slightly fewer foreign buyers but demand is there. I wish there was more inventory.”
The agent’s take
Living in a heritage protected neighbourhood means not having to worry about view-blocking towers going up right next door, Mr. Rouleau said.
Speaking of views, the sightlines from the condo’s generously sized rooftop terrace are outstanding, he says. “It’s definitely the big ‘wow’ element here.”
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