CONDOMINIUM SUITES IN THE HEART OF MONTREAL INVESTOR PROGRAM
INVESTMENT OPPORTUNITY
A new Architectural Landmark in the Heart of North America’s most Vibrant Downtown MONTREAL is a vibrant, growing city, with an underserved
of renters in this area seeking one and two bedroom suites,
downtown rental market. Sophisticated real estate investors
enabling smart purchasers the benefit of highly desirable
have an exciting opportunity at Le Peterson to purchase suites
layouts, while minimizing monthly condominium fees and
perfectly located and designed to meet the strong rental
taxes.
market demand and to benefit from exceptionally low long term interest rate financing. NEUF Architects, Montreal’s
Le Peterson will be the new landmark building on Montreal’s
pre-eminent multi-residential architects and Patton and
skyline. With its dramatic curving balconies, it rises above
Associates, a leading design firm, with extensive high-rise
the entertainment district where Montreal comes alive, the
residential experience, has designed the 2 suites on floors 11 to
financial district where Montreal works, the Universities
22 specifically for condominium purchasers seeking investment
where over 170,000 post-secondary students study and the
income and capital appreciation.
new super hospital where thousands will work.
These 2 suites have all of the luxurious touches featured in
As for all suites at Le Peterson, the floor configuration
all Le Peterson condominiums, including designer kitchens
has been designed to provide efficient wide-shallow suite
with stone countertops and sleek stainless appliances, luxury
layouts thereby maximizing fenestration which floods the
washrooms with oversized glass showers, in-suite laundry,
suites with natural light. Each unit benefits from large
large floor to ceiling windows and dramatic balconies. With
balconies that are the full width of the suite, a true extension
the investor in mind, these features have been combined
of the living space.
into extremely efficient spaces targeted at the thousands
MONTREAL, A TRULY VIBRANT CITY ALL THE ATTRIBUTES OF AN ASTUTE INVESTMENT MONTREAL is the largest city in Quebec, the second largest in
Montreal is an important centre of commerce, aerospace, finance,
Canada and the 8th largest in North America. Montreal has the
pharmaceuticals, technology, design, culture, tourism, film and world
second largest economy of Canadian cities based on GDP, estimated
affairs. With a strong engineering community and tax incentives, the
at $142.6 billion. Montreal has a population of 4,027,000, which is
city has attracted high tech firms Electronic Arts, Eidos Interactive,
expected to reach 5,275,000 by 2030. Montreal is home to 170,000
Bioware, Artificial Mind and Movement, Strategy First and Ubisoft.
post secondary students with approximately 20,000 foreign students.
Montreal is the home of the headquarters of Bombardier Inc., Desjardins Group, Rio Tinto Alcan, Canadian National Railways, CGI
Group, Air Transat, CAE, Saputo, Cirque de Soleil, Quebecor, Ultramar,
With four universities, seven other degree awarding institutions and
Jean Coutu Group, Uniprix, Domtar, Power Corporation, Bell Canada,
12 CEGEP’s within a 5 mile radius, downtown Montreal has the highest
Standard Life, Molson, Aliments Couche Tard, National Bank, Laurentian
concentration of post-secondary students in North America. In 2012, it
Bank, VIA Rail, Dollarama, AXA Canada, Metro Inc and the Caisse de Depot.
was ranked the 10th best place in the world to be a university student.
Montreal’s downtown office market offers 26 million square feet of space in 187 office buildings.
MONTREAL’S PREMIER NEW TOWER
Le Peterson is the most exciting, new high-rise residential addition to Montreal’s skyline in many years. The bold architecture, featuring dramatic curved balconies, creates a new landmark overlooking downtown Montreal. Le Peterson is strategically located in the heart of the city’s downtown entertainment district and steps from the downtown office core, universities and hospitals. Spectacular views, best in class amenities and top quality services combine to offer a luxury living environment. All this is brought to market by an experienced award winning developer, Groupe Benvenuto, designed by highly respected NEUF Architectes and constructed by one of the city’s top general contractors, Reliance Construction.
DOWNTOWN’S MOST DESIRABLE LOCATION
Located at 405 de la Concorde, steps from the corner of Sherbrooke Street and Parc Avenue, Le Peterson sits on a quiet street, in the heart of one of Montreal’s most vibrant neighborhoods, the Quartier des Spectacles. The Quartier des Spectacles is the epicenter of Montreal’s vibrant festival scene and home to theatres, cinemas, restaurants, nightclubs and shopping, while still steps away from the major office buildings of downtown Montreal. Le Peterson is minutes from the McGill University campus, the University of Quebec at Montreal, the downtown office core (centered at McGill College Avenue), Place des Arts, Complexe Desjardins, Ste. Catherine Street and a short walk from one of Montreal’s two new “superhospitals”. The project has both a Walkscore and a Transitscore of 100! The metro, Montreal’s underground subway system, is a mere 100 metres from the front door which also provides access to Montreal’s world famous underground city. The site is further serviced by numerous bus lines and access to any ofthe major highway systems.
LIFE IN BALANCE WORK
Montreal’s downtown office core is segmented into western, eastern and southern nodes. Le Peterson is strategically located in the heart of downtown, minutes from all three of these areas: Steps from the financial district, located along McGill College Avenue and home to many of the city’s most well-known office towers and corporations. A short 2 kilometer walk to Old Montreal, the heart of Montreal’s high tech community. Le Peterson is minutes from Complexe Desjardins, (a four tower complex, which is home to Mouvement Desjardins and many Quebec Government offices). Just over 1 kilometer from the new CHUM, a $2 billion downtown super-hospital, which will consolidate the services of the Hotel Dieu, Notre Dame and Saint Luc Hospitals into one, new state of the art facility. In 2016, the CHUM will employ 12,000 people, including 900 doctors and 5,800 students and residents.
LEARN
McGill University - Founded in 1821, McGill University is home to 1,600 academic staff, 3,500 administrative staff, 22,760 undergraduate students and 7,250 graduate school students. This leading Canadian Institution is just 400 metres from the front door of Le Peterson. McGill is a top ranked university with a growing student population and an increasing demand for housing for both students and staff. UQAM - The University du Quebec at Montreal has the largest student population of the University of Quebec system, with 41,000 students and over 1,000 professors, UQAM is located one block east of Le Peterson. Other important downtown educational facilities include the CEGEP du Vieux Montreal, with 6,100 students, the ITHQ - the Institute of Tourism and Hospitality, (1.5 km) and Concordia University, (1.4 km) with another important downtown campus.
LIVE
Once your work day ends, the famous downtown Montreal lifestyle becomes yours to enjoy. The entertainment sector centres on the Quartier des Spectacles, just outside the front door, including Place des Arts and numerous theatres, cinemas and art galleries. Shopping Montreal’s most famous streets, Sherbrooke Street (50m), Ste. Catherine Street (400m), boulevard St. Laurent (800m) and boulevard St. Denis (1.4 km) is just steps away. Grocery stores, pharmacies, restaurants and bars are all conveniently located, allowing Le Peterson to offer true 24 hour urban living. A 24 hour concierge and spectacular on-site amenities mean that you can also enjoy the location, even when you don’t feel like leaving the comforts of home
CITIES MATTER
Cities are the big sluggers of economic growth. A recent Brookings Institution survey looked at the GDP of 3,000 metropolitan economics and found they generated nearly half of the world’s economic output. We calculated how much some major cities contributed to their country’s GDP.
CANADA
Total GDP in 2012
$1.8 TRILLION
VANCOUVER $101.2 BILLION
6%
4%
CALGARY
MONTRÉAL
$79.3 BILLION
$142.8 BILLION
TORONTO $260.6 BILLION
8% 14%
26% TOKYO
$1.5 BILLION
JA PA N Total GDP in 2012
$6 TRILLION
RUSSIA
Total GDP in 2012
$2 TRILLION
26% 26%
MOSCOW
$520 BILLION
U N I T E D S TAT E S Total GDP in 2012
$15.7 TRILLION
CHICAGO
$524.6 BILLION
3% 5%
8%
NEW YORK $1.2 TRILLION
LOS ANGELES $786 BILLION
CHINA
Total GDP in 2012
$8.2 TRILLION
BEIJING
$427.2 BILLION
5% 4%
TIANJIN
$308.7 BILLION
6% SHANGHAI $516.5 BILLION
4% 26% SHENZHEN $302 BILLION
PARIS $669 BILLION
FRANCE Total GDP in 2012
$2.6 TRILLION
LOCAL MARKET SURVEY OF CONDOMINIUM RENTALS*
Le V MontreAl
1200 DE MAISONNEUVE W
LOUIS BOHEME
360 Rene-Levesque West
1200 de Maisonneuve West
350 de Maisonneuve West
2014
2006
2008
Rental
Condominium
Condominium
NUMBER OF FLOORS
40
28
28
NUMBER OF SUITES
240
300
293
24/7 Security, Fitness, Pool and Spa, Ground Level Exterior Terrace
24/7 Security, Fitness, Outdoor Pool, Ground Level Exterior Terrace
24/7 Concierge, Fitness and Yoga, Pool, Terrace, Lounge/Library
1Bed $1,638 2Bed $2,568
1Bed $2,200 2Bed $2,900
1Bed $1,597 2Bed $2,260
Purpose built rental Inferior location to Le Peterson due to distance from Universities and office core Comparable suite finishes Inferior amenities
Condominium project Comparable location in heart of downtown but further from universities Comparable suite finishes Inferior amenities
Condominium project Close neighbourhood to Le Peterson Inferior finishes Inferior amenities Limited, small balconies
ADDRESS YEAR BUILT TYPE
AMENITIES
AVERAGE RENTS* COMMENTS
* These rental rates are for unfurnished suites with appliances.
Parc du Mont-Royal
AVENUE DES PINS O.
.
PINS O
N
RUE UNIVERSITYY
E DES
AVENU
RUE PRINCE-ARTHUR E.
Université McGill TARIO
RUE ON
E.
RUE CITY COUNCILL COUNCILLORS
LE CONCORDE
RUE BALMORAL
Collège CDI RUE MAYOR
SQUE OO.. RENÉ-LÉVEESQ
STATION PLACE-DES-ARTS
BOUL. DE MAISONNEUVE E.
Complexe Desjardins
RUE SAINTE-CATHERINE E. RUE SAINT-HUBERT
BOUL.
DRE RUE SAINT-ALEXANDRE
AVENU AVENUE UNION
RRUE UE UNIVERSITY
RUE STANLEY
RU RUE DE LA MONTAGNE
L’ALTITUDE
BOUL. RENÉ-LÉVESQUE O.
LOUIS BOHEME BOUL. RENÉ-LÉVESQUE E.
RUE JEANNE-MANCE
RUE ANDERSON
LE V MONTREAL
RUE DE BLEUR BLEURY
RUE DRUMMOND
E 0.
E CONNCORRDDE
RUE DE BLE BLEURY EURYY
RUE AYLMER
BOUL. DE MAISONNEUVE O.
AVENUE MCGILL COLLÈGE
LE 1200 MAISONNUEVE W
RUE SAINT-ANTOIN
RUE DE LA
Université Univers du Québec Qué M ntrréa Mo à Montréal
AVENUE DU PRÉSIDENT-KENNEDY IDENT-KENNE NEEDYY
RUE PEEL
RUE SAINTE-CATHERINE RINE OO..
138
RUE SANGUINET
LE 400 SHERBROOKE
RUE DRUMMOND
BOUL. DE MAISONNEUVE O.
KE E. ERBROO RUE SH RUE SAIN AINTE INNTE-F TE FAMILLE SAINTE-FAMILLE
RUE STANLEY
RUE DE LA MONTAGNE
138
RUE CLARK
RUE JEANNE-MANCE
RUE PEEL
Parc Rutherford
RUE MMILTON
RUE SHERBROOKE O.
AVENUE DES PINS E.
E VIGER
AVENU
AUTOROUTE VILLE-MARIE
AVENUE VIGER 0.
E.
720
E E. RUE SAINT-ANTOIN
720 RUE SAINT-ANTOINE 0.
0.
RUE DE BLEURY
RUE UNIVERSITÉ
RUE PEEL
RUE DE LA MONTAGNE
RUE NOTRE-DAME
Le concorDe
BOULEVARD SAINT-LAURENT
AUTOROUTE VILLE-MARIE
L’Altitude
Le 400 Sherbrooke
1225 University
400 Sherbrooke West
441 President-Kennedy
2013
2009
2007
Condominium
Apartment
Condominium
33
37
19
192
145
121
24/7 Concierge, Valet, Fitness, Pool, Spa, Business Center, Conference Room
24/7 Security, Doorman, Fitness, Pool, Spa, Conference Room
24/7 Security, Fitness,
1Bed $2,134 2Bed $2,556
1Bed $1,430
1Bed $1,465 2Bed $2,275
Condominium project Located in the CBD Comparable finishes Comparable amenities
Purpose built rental Comparable location Inferior finishes Inferior amenities Inferior loggia-type balconies
Condominium Close neighbourhood to Le Peterson Inferior Finishes Inferior Amenities Limited, small balconies
RUE NOTRE-DAME
E.
Average
1Bed $1,744 2Bed $2,511
View from Suite 2201
YIELDING AN EXCELLENT RETURN ON INVESTMENT Le Peterson offers a rare opportunity to invest in a luxury condominium project that is both an architectural landmark and strategically located in the heart of the city’s strongest rental market. With the investor in mind, the development team chose to design a small selection of suites within the project specifically conceived to offer strong rental appeal and long-term capital appreciation.
The efficient suite layouts, strong rental location, exceptional amenities, and features and finishes of Le Peterson allow investors to benefit from strong income and long term capital appreciation.
ARTS 2BR+2S&1B/731 Sq.Ft.
13
14
15
16
17
18
19
20
21
22
$374,900 $378,400 $381,900 $385,400 $388,900 $392,400 $395,900 $399,900 $402,900 $406,400
Total Price (incl GST & QST)
$426,810 $430,555 $434,799 $439,044 $443,288 $447,533
$451,778 $456,022 $460,267 $464,065
SOL SOL D D D
SOL SOL D D D
Base Price
Monthly Rent ($/mo.)
$2,175
$2,195
$2,215
$2,235
$2,255
$2,275
$2,295
$2,315
$2,335
$2,355
Condo Fees ($/mo.)
($214)
($216)
($217)
($218)
($219)
($220)
($221)
($222)
($223)
($224)
Estimated Taxes ($/mo.)
($396)
($400)
($403)
($407)
($411)
($414)
($418)
($422)
($425)
($429)
Equity Investment (20%)
$85,262
$86,111
$86,960
$87,09
$88,658
$89,507
$90,356
$91,204
$92,053
$92,902
Mortgage
$341,048 $344,444 $347,839
$351,235
$354,631 $358,0261 $361,422
$364,818
$368,214
$371,609
($1,633)
($1,649)
($1,666)
($1,682)
($1,698)
($1,714)
($1,730)
($1,746)
($1,762)
$774
$782
$790
$797
$805
$813
$821
$828
$836
$844
Monthly
$722
$729
$735
$742
$749
$770
$777
$783
Annual
$8,660.37
$8,742
$8,825
$8,907
10.2%
10.2%
10.1%
13
14
15
Principal Repayments ($/mo.)**
Income
Return On Investment-Year 1
TANGO 1BR+D&1B/482 Sq.Ft.
SOL
($1,617)
SOL
Mortgage Payments ($/mo.)*
$756
$763
$8,990
$9,072
$9,154
$9,237
$9,319
$9,401
10.1%
10.1%
10.1%
10.1%
10.1%
10.1%
10.1%
16
17
18
19
20
21
22
$269,400 $271,900 $274,400 $276,900 $279,400 $281,900 $284,400 $286,900 $289,400 $291,900
Total Price (incl GST & QST)
$304,893 $307,723
Monthly Rent ($/mo.)
Condo Fees ($/mo.) Estimated Taxes ($/mo.)
Equity Investment (20%)
Mortgage Mortgage Payments ($/mo.)* Principal Repayments ($/mo.)**
Income Monthly Annual
Return On Investment-Year 1
SOL SOL SOL D D D
Base Price
$310,552
$313,382
$316,211
$319,040 $321,870 $324,699 $327,528 $330,358
$1,575
$1,590
$1,605
$1,620
$1,635
$1,650
$1,665
$1,680
$1,695
$1,710
($175)
($176)
($176)
($177)
($178)
($179)
($180)
($181)
($181)
($182)
($284)
($287)
($290)
($292)
($295)
($298)
($300)
($303)
($306)
($308)
$60,979
$61,545
$62,110
$62,676
$63,242
$63,808
$64,374
$64,940
$65,506
$66,072
$243,915
$246,178 $248,442 $250,705 $252,969 $255,232 $257,496 $259,759 $262,923 $264,286
($1,157)
($1,167)
($1,178)
($1,189)
($1,2007)
($1,210)
($1,221)
($1,232)
($1,2430)
($1,253)
$554
$559
$564
$569
$574
$579
$585
$590
$595
$600
$513
$519
$525
$531
$537
$543
$548
$554
$560
$566
$6,153
$6,226
$6,297
$6,368
$6,439
$6,510
$6,581
$6,653
$6,724
$8,795
10.1%
10.1%
10.1%
10.2%
10.2%
10.2%
10.2%
10.2%
10.3%
10.3%
* Based on a 3% interest rate and a 25-year amortization. ** Average principal repayment during year 1.
Quartier des Spectacles
When the hosts world-class entertainers, you’ll have your own box seat on the 25th floor Sky Deck or on your own private balcony.
THE SUITES Each home at Le Peterson is designed with meticulous focus on flowing, bright and livable spaces. The wide/ shallow suites offer very efficient layouts, superb design and huge balconies with remarkable views, making each space a special place to live.
TA N G O
482
The Tango is a one-bedroom plus study suite which features a large kitchen with designer cabinetry, stone countertops and stainless appliances. A luxuriously appointed washroom features an oversized glass shower.
SQ. FT.
High quality appointments include wide plank flooring, designer selected tile and hardware in the ensuite. Large windows overlook a full width, spacious balcony. This well thought out design results in every square foot of the suite being utilized to create a light filled living space, with all the accoutrements for indoor and outdoor luxury living and great downtown views.
LE À MANGER ING ROOM
BALCON BALCONY
17'11"
113 PI2/113 SQ. FT.
CHAMBRE BEDROOM 8'7" x 11'5"
UISINE TCHEN
SALON / SALLE À MANGER LIVING/DINING ROOM 9'6" x 17'11"
BUREAU STUDY S.D.B. BATH
L/S W/D
CUISINE KITCHEN
BUREAU STUDY
10
11
9
8
1
2
3
4
5
RUE DE LA CONCORDE
11e-22e ÉTAGES/11TH-22ND FLOORS
6
7
ENTRÉE ENTRY
VIEWS
View from 2309
View from 1809
View from 1209
ARTS
731
The Arts is a split two-bedroom suite with two studies. This fabulous corner unit offers an open concept living and dining space, with two walls of windows, creating a bright, elegant entertaining space. The large kitchen
SQ. FT.
features designer cabinetry, stone countertops and stainless appliances. There is one luxuriously appointed washroom with an oversized glass shower. This is an exceptionally efficient layout that also features in suite laundry, and two private study areas. The large, full width balcony creates spectacular additional outdoor living space and offers great urban views.
MBRE OOM 9'1"
BALCON BALCONY 95 PI. CA./95 SQ. FT.
BUREAU STUDY
CHAMBRE BEDROOM 8'7" x 9'1"
SALON / SALLE À MANGER LIVING/DINING ROOM
S.D.B. BATH
10'5" x 17'2"
L/S W/D
BUREAU STUDY
CUISINE KITCHEN
CHAMBRE BEDROOM 9'10" x 9'11"
S.D.B. BATH
ENTRÉE ENTRY
BUREAU STUDY
L/S W/D
10
11
9
8
1
2
3
4
5
RUE DE LA CONCORDE
11e-22e ÉTAGES/11TH-22ND FLOORS
6
7
ENTRÉE ENTRY
VIEWS
View from Suite 2210
View from Suite 1810
View from Suite 1310
83 Red p ath, To ro nto
ON YX, Mont re a l
8 3 Red p ath Lo b by, To ro nto
One B envenuto Lobby, Toronto
GROUPE BENVENUTO Groupe Benvenuto is an established, award winning developer of luxury, high-rise, urban-infill condominium projects in Montreal and Toronto. The firm focuses on choosing strategically important locations, to create exceptional places to live. Onyx, located across from the University of Montreal, was an instant sales success and has set a new benchmark for condominium living at the base of Mont Royal. 83 Redpath, a recent Benvenuto development, in Toronto’s vibrant Yonge and Eglinton neighborhood, was awarded the prestigious PUG award, as the best new residential high-rise in the City of Toronto, for 2012. Suite prices have appreciated by close to 50% since opening.
lePeterson.com
Prices and specifications are subject to change without notice E. & O.E. All renderings are artist’s concept.
Designed by G. Ryan Design
514.904.8855