This place features 4 bedroom, 2 bathrooms, a finished basement, a bar, a wine cellar, a cigar lounge, a ballroom, a game room, an amazing terrasse, a rooftop pool, a private garage and more luxury per square foot than you could possibly imagine!
Both the exterior and interior of the unit are incredibly unique. The exterior features two terrasses that are probably bigger than your entire apartment — one is 1,619 square feet and the other is 1,315 square feet. The interior has ornate Versace-style frescoes painted by the Italian designer's own painter, according to the listing.
The terrasses and the condo's many large windows offer unobstructed panoramic views of Mount Royal, Outremont, Université de Montréal, Saint Joseph's Oratory, and the Olympic Stadium — along with amazing sunsets.
While the building has direct underground access to Midtown Le Sporting Club, you would have to pay extra for a membership — but, hey, if you're buying this place you clearly have a deep appreciation for the finer things in life so c'est la vie!
Description: This Versace penthouse is full of luxurious touches and extraordinary views. If you can't afford to buy it, maybe you can ask to move onto one of the terrasses because it's bound to be bigger than your whole apartment!
SSENSE has added a new "sexual wellness" category to its Everything Else department, meaning you can throw a vibrator or some lube into the cart with your Versace floral dress or Comme des Garçons sweater.
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"Overall, the City of Montreal saw 990 $1 million–plus residential real estate transactions," including condos, attached and single-family homes, "in the first half of 2021, an increase of 112% from the same period in 2020," the report states.
Though sales in $2 to $4 million homes in Montreal rose by 138%, sales in $1 to $2 million homes made up the largest share of sales overall, with 807 Montreal properties sold in the first half of 2021, Sotheby's says.
Sales in properties over $4 million more than doubled between 2020 and 2021 — just six were sold in the first half of 2020, compared to the 14 properties sold in the same period in 2021.
The report said that according to the Quebec Professional Association of Real Estate Brokers, on average, selling a residential property in Montreal during the first quarter of 2021 took approximately 44 days, compared to the 68 it took to sell a home less than a year prior.
While the other major Canadian cities saw extraordinary fluctuations in the cost of rental properties after a chaotic year, Montreal's market remained hot.
Year-over-year rents are down 2.2% in the Montreal CMA, according to a report from Rentals.ca and Bullpen Research & Consulting. But looking more closely, this has not resulted in savings for apartment dwellers.
While the average rent for a condo declined 5.4% to $1,895 per month between May 2020 and May 2021, the average rent for an apartment increased 1.3% to $1,634 per month.
For comparison, Rentals.ca said the average apartment rent in May 2019 was $1,354.
Furthermore, the report showed, "the average rent per square foot for rental apartments experienced a 16.4% annual increase, moving from $2.08 psf in May 2020 up to $2.42 psf in May 2021."
The report predicts rents will continue to rise as the pandemic-battered economy begins to recover: "As the vaccine becomes more readily available, and the country starts to open up again, the recent increase in monthly rental rates across the country suggest a slow return to normalcy in Canada," it concluded.
"As the borders open to further immigration, international students and tourism, rental rates are expected to continue to rise. The fall of 2021 could be a busy season for landlords."