(GOOGLE TRANSLATE)

Many people seem surprised by the enthusiasm generated by the new type of housing that is about to, completely change the landscape of real estate in Montreal. Indeed mode Condo Montreal is creating a real revolution. But this revolution was predictable, it is global and we’re only beginning here in Montreal.

The era where we lived in the same house all his life is over. Most people will move several times at different times of their lives: Study, Singles, Couple, Family, Retirement, and the condo in Montreal is the most appropriate response to most of these steps.

Indeed many are surprised to learn that the curve of urbanization of the condo in Montreal is the same for all major cities on the planet. The only difference is that each city is at different stages. In Montreal, the scarcity of land and rising land values, cause this densification mandatory, just create a quest for accessibility. Consequently resulting in a concession area to reduce the cost. This eliminates the unnecessary parts and corners and maximizes space. For condos in Montreal, developers are becoming more imaginative in order to succeed in creating spaces highly functional and comfortable.

This slight concession area is compensated by the exponentially close to our workplace, access to this popular district of Montreal, which becomes an extension of our home. The coffee shop is an extension of our dining room, cinema an extension of our living room, parks an extension of our terrace. This proximity saves us a lot of time on our trips, cars, maintenance, renovation, etc.. while a long term investment, so ask a New Yorker or a Parisian he regrets buying his small studio a few years ago? The condos in Montreal are here to stay, can not continue to build bungalows, row houses, duplexes with such values ​​of land. Montreal is an island so that artificial scarcity is not everything but what is more natural.

Some think that the suburbs is an option but it will always be a concession, men strong in the cities since the beginning of time for access, proximity, services, diversity of supply but also the culture, the identity, etc.. The first thing people try to make their suburb is to add anything you find in big cities. While at the same price we’re going to the suburbs in a slightly larger copy of the city or you opt to remove the extra space and the original live? The only island of Montreal, a city unique in North America. You never hear a tourist say, “I’d like to see Laval before I die!” Think about it …

Montreal Condo: is the Montreal Real Estate Market currently the strongest in the world?

McGill Real Estate Agency considered a benchmark for the sales and marketing of real estate projects of new condos confirms that Montreal’s real estate market is still going strong.

Montreal, february 13th 2012 (CNW Telbec)

Condo Montreal

According to real estate broker, Patrice Groleau, owner of McGill Real Estate the real estate agency, international investment funds are jostling toward Montreal. However, he specifies that only major developers and the best real estate developers are selected by these funds.

These funds have very strict investment standards, even more strict then a few years ago. That is why the financial structures are ultra complex almost impossible for small up and coming real estate developers to abide by.

Even at McGill Real Estate, only about 10% of real estate projects are retained: the good developers as well as quality and viable projects.

Major organizations such as Devimco, DevMcGill, Pur Immobilia, just to name a few, are extremely well-structured and meticulous, therefore a sure bet for consumers looking to buy the perfect condo in Montreal.

Financial structures are so complex that condos will not inundate the real estate market. This being said, developers launch their projects only if their market analyses show an interesting velocity.

Montreal Real Estate

To those who are expecting an American-style collapse of the market, brace yourselves because you may wait for a long time since there are almost no foreign buyers/investors looking to buy a condo in Montreal. There are less then 1% foreign investors (looking to flip or rent their condo) in Montreal versus 40% of oversea buyers in Vancouver. Montreal’s real estate market is opting for a slowly but surely pace which will allow for a slow landing.

Why shouldn’t Montreal be a little more expensive simply because it is a lovely city where people want to live because of its natural rarity in that it is an island, and also for the basic supply and demand phenomenon, unlike American style speculative real estate market bubbles?

It is very difficult to see a decline in property value when the cost of building itself is not decreasing. Building costs are much higher in Montreal then in Miami.

Media is in charge of distinguishing the realities of each of the markets. Although the world economy is a shared reality, the realities in Canada, Quebec and especially, Montreal should be a priority.

Quebec statistics are biased. When comparing actual income to declared income shown by statistics, Montrealers do not seem to be in as tight of an economical situation as statistics may lead the public to believe.

The Canadian banking sector is one of the most rigorous in terms of criteria for a mortgage approval. The rules are even stricter today.

People have to continue buying within their means and consider themselves lucky, thus far, for having a house, an underground pool, 2 cars, a country house, going on trips and restaurants, etc. Today, the priority should be property. Budget cut can be done on other things but not by putting up for sale signs on condos in Montreal…especially if the other option is renting, which is right behind on an increasing curve!

McGill Real Estate Inc.

780 Wellington, junction of Griffintown and Old Montreal

www.mcgillrealestate.com

For more info: Patrice Groleau, Owner 514-255-0550 info@mcgillrealestate.com

Condo Montreal, Condo for sale Montreal – McGill real estate, real estate agency, real estate broker condo Montreal

by Patrice Groleau real estate broker condo specialist Montreal for the McGill real estate agency.

The Montreal Condo market is still going strong. To those who are waiting for an American-style collapse of the market, tell yourselves this; that a slight adjustment of the market is possible but we are far from American proportions/ratios. We have less indebtedness; less people who would need to sell quickly if faced with a sudden increase in rates and most of all, we almost have no foreign investors who have a tendency to bail when they smell trouble, all of which inflate crisis situations. There are less then 1% foreign investors in Montreal (ex. 40% in Vancouver!), which prove that all our ratios are more conservative than that of other big cities. Montreal is taking more of a slowly but surely pace which will allow for a slow landing and not a crash. Why shouldn’t Montreal be a little more expensive? It’s a lovely city where people want to live because of it’s natural rarity in that it is an island, and also for the basic supply and demand phenomenon, unlike American style speculative market bubbles.

It’s normal…the value of property is based on the relationship between supply and demand but that does not justify the past 10 years. As a result, a catch-up of the previous decades where the increases were less than they should have been was almost a must. However, people forget that the value of a house is based on the cost of building besides the value of the land that is directly linked to the supply and demand phenomenon in itself. Labour (electrician, carpenter, plumber, etc.) and material (concrete, wood, bricks, windows, etc.) represent 50% of the cost. It is therefore very difficult to expect a decline in property value if the cost of building itself is not decreasing. Montreal is not a real estate bubble. The fact that it is an island creates a natural rarity in terms of property. Montreal’s real estate value is Toronto in 5 years, Vancouver in 10 years, New York in 15, etc. Now that you are better informed; if you are waiting for prices to decrease you may be waiting for a long time.

You’re probably saying, of course he’s going to say that because he is trying to protect the industry in which he works as a real estate broker. Real estate brokers gain nothing by lying; they regularly represent their friends and family members in the resale of their properties. I always tell buyers to invest according to their means and needs. If they are lucky enough to have a good income, an almost paid off house, why not by a second property as a rental. All proportions considered, salaries might have not increased as much as real estate did in the past 10 years; but they had increased much quicker in the past decades, it’s a question of recalibration. Real estate value is not only linked to collective wealth. Stocks are not as lucrative as they once were. Nowadays, people are seeking concrete solutions not abstract ones. The increase in values is directly linked to property rarity coupled with the increase in building and labour costs (salaries of the construction workers). Have you recently looked into the cost of building? You will notice that the numbers are fairly close to market values. If that were not the case, then everyone would buy their own properties and build themselves to save money. Why don’t people do that? Because the profit margins are too low considering the cost of building. And if they do choose to build; then it’s purely because they want to build exactly according to their needs and not necessarily to save money because after all what they will save will not add up to the hours of work they will lose in salary during the months they will work on finishing their project.

It is often said that people saw the 2008 crash coming; did Quebec’s real estate market drop drastically during the world financial crisis? You may say yes in the case of the United States…however, the values in the United States had not only doubled in the past 10 years but they had practically multiplied by 5!!!!! Despite building costs similar to ours, the increases in the United States were not justified and were merely speculative. However, did you notice that the value of properties are on the up-rise and practically made up for the losses in major cities like New York, Boston, Chicago… Of course, if you engage in the same fear mongering speech for 50 years, you will be right sooner or later for a year but you will be wrong for the other 49 years!

Unfortunately, there is always the possibility that journalists may start this type of alarmist statement to implant the idea of catastrophe in the mind of consumers, which in return will start spending less thus leading us to a recession. Media is in charge of distinguishing the realities of each of the markets. Although the world economy is a reality, we still must consider realities in Canada, Quebec and Montreal. However, I still agree that people should buy according to their means and not beyond their capacities.

Since inflation is under control, the manager of the Bank of Canada will not increase the rates and not for a while because that would be considered voluntary recession. It has already been 5 years that the buyer to seller ratio is 35 to 1 for the famous Candiac Golf course and Laval sur le Lac houses/mansions, etc. Why? Because people much rather build their house themselves at the end of a street rather then buying “Mrs. Smith’s” who may not have the same taste. Yet, the prices haven’t decreased, people are not really sellers but are testing the market and will give up when it slows down. Properties are a dime a dozen in the suburbs. Those houses are not long-term investments because they do not meet real needs. Which retired couple needs a house with 5000 sq. ft., 8 rooms, 4 living rooms, 5 bathrooms, etc.?

However in Montreal, the proportions/formats meet the norms more. Good luck if you want to build your own house…there are no vacant lots for a bungalow. The options are therefore to buy an old house and renovate. Renovation costs are the same both in Montreal and its suburbs but its value is greater in Montreal; therefore the value to cost ratio makes more sense in the latter. That is why we renovate less in the suburbs.

Some journalists who specialize in finance (who would like to see people invest in stocks rather than in real estate) say that 20% of owners would not be able to withstand a raise in rates.

I have a financial background and have partaken in several university studies on money laundering, tax evasion, etc. Did you know that Montreal is a hub for these types of activities? The economy has its parallel with people working under the table in restaurants, construction, etc. But when we compare their real income to the one they have declared, they are not as financially strapped as the statistics may lead us to believe.

The Canadian banking sector is one of the most rigorous in terms of criteria for a mortgage approval. The rules are even more strict today, so let us consider ourselves lucky for having a house, an underground pool, 2 cars, a country house, going on trips and restaurants, etc. Today, our priority should be property. I admit we should cut down on other things but not by putting up for sale signs in Montreal…especially if the other option is renting which is right behind on an increasing curve!

5-7 NEW CITY GAS Griffintown Montreal

GOOGLE TRANSLATE

In the DISTRICT GRIFFIN real estate project area (Condo Montreal)

Thursdays 5-7 New City Gas, Griffintown Montreal market atmosphere, worthy of the most beautiful courtyards in the Meatpacking District of New York.

3 terraces + space bar inside, which can accommodate over 1400 people!

More than 6 bars, including a wine bar, bar bloody ceaser, mojito bar, sangria bar and a gourmet area “finger food” that can satisfy all appetites …

Open terrace, covered terrace, interior space, gourmet area, everything for everyone! The DJ will rub

New City Gas is a theater and multi-functional congress “underground” located in Griffintown that can accommodate over 3,000 people.

C2-MTL will be its inaugural event, transforming the building and places that surround a core of creativity for some of the thinkers and doers of the most creative international trade arena.

Although misunderstood the New City Gas has great symbolic importance and historic Montreal.

Nerve center of production and distribution of gas from the second half of the 19th century, it lit up the streets and workplaces, providing fuel in Montreal’s industrial boom.

Today, more than 150 years later, the New City Gas is getting a makeover and reborn soon as a new room spectacle in the heart of Griffintown, sector also in turmoil.

GOOGLE TRANSLATE

Featured Articles, News April 12, 2012

By Valérie Vézina

Source: http://www.remenligne.com/?p=615

Condo Montreal

December 2011. Patrice Groleau and Debby Doktorczyk are both on vacation and will return the same day, announcing their mailboxes. “Our first holiday together in two and a half!” Debby launches Doktorczyk few days later in the meeting room window McGill Immobilier.

Both Quebecers were a couple before running this estate agency in 2006.

McGill Real Estate specializes in selling new projects on the plan. “We have a business model that is different (other agencies), specify the owner, Groleau. We, we do not aim to expand our team and to have 200 agents. It does not manage people all day. ”

McGill Immobilier (www.mcgillimmobilier.com) represents 20 property developers in Greater Montreal. They use the services of its thirty brokers to sell their residential developments. Often it is industrial buildings converted to condominiums, as Nordelec in the booming neighborhood southwest of Montreal, near the Lachine Canal. A project of 600 units Elad Canada.

McGill Immobilier is present in several Montreal neighborhoods. However, its primary sector remains the Old Montreal, as evidenced by one of his most recent assignments: these are BANK, a prestigious subdivision planted rue Saint-Jacques, in the old financial heart of the city. The 1907 building will retain its neoclassical facade and will house 43 residential units, built by Pure Immobilia.

It all started with a brand new loft that had transformed Doktorczyk. Trained in interior design, the young woman had fallen walls and selected materials other than those proposed by the manufacturer. Compliments of visitors had flocked. So it is said that there should be a seam there.

The word “dyke” is not random since the Belgian origin comes from a family of diamond prospectors (his mother’s shop once stood in Antwerp) and itself owns a distribution company of diamonds . Doktorczyk had the entrepreneurial spirit it takes to embark on the renovation and sale of homes. Which she did in 1999.

After this first loft, there was a duplex, triplex and multiplex. She saw the design of the house and managed sites.

At the time Lorenz was working full time in finance, despite the comforts and challenges offered him his job, he was missing something. Something about the passion. “Just quit! “Reportedly told his girlfriend …

In rooms with high ceilings of their “baby”, green eyes of Doktorczyk, 39, exude a quiet confidence. In 12 years, she became chair of a growing company and mother of three. Moreover it is to start a family and spouse completed a training broker a few years after her and they have enlisted the cooperation of other brokers thereafter, “to be replaced,” said Groleau, 34 years.

But now: the different brokers with whom they worked on their debut were “correct, nothing more. We, we said we would be able to do better, “says Lorenz.

Born in September 2006 McGill Real Estate, represented by a beautiful new contemporary logo (white and gray with a touch of red).

And who gave birth to this beautiful logo?

“This is the friend of a friend,” says Lorenz. At that time and more than once during his interview with REM, it will return the size of their network of family and friends to explain their early success.

And one of his friends, Philippe Boisclair, brother of Andre Boisclair (former Parti Québécois leader) was one of the other partners of McGill Development. It became their first corporate client.

Offices adjacent to those Dev McGill McGill Real Estate in an area of ​​Old Montreal that has literally transformed in recent years and which employs always cranes. Initially the company had gear on McGill – hence the name, which takes advantage of the reputation of the university namesake.

The two founders now spend more time consulting with their clients. It may take several months before the construction of a sales office, said Doktorczyk.

Among other tasks she is responsible for planning the proper “unit mix”, that is to say, the percentage of one bedroom condominiums compared to both houses in a subdivision, for example. It is paid in residential construction itself. She worked alongside the architects.

He specializes in the sale and promotion. Such a project will be connected to francophone youth, another for retired English NDG, etc.. Risk management is another aspect of the work that appeals particularly to Groleau, who holds several degrees including a degree in risk management from the University of Quebec in Montreal, according to his profile posted online.

They have already refused to work for some developers, they say, including once because the project was too large and they were afraid of losing their shirts. Their biggest challenge was not to get carried away, to grow at a pace that they would be able to manage.

Groleau says he receives many CVs brokers interested in working for their agency “different”.

The proposal seems attractive on paper: condos generally well located, older neighborhoods in high demand, promoters from …

But beware, do not sell the nine who wants.

“The sale plan is on what is more difficult in real estate,” said the president of McGill Immobilier. This is the sale of “pure”. We must be able to conclude transactions on the spot.

“In resale, adds Doktorczyk is 75% done if the client has a heart for the property.”

Each newly hired broker must subject themselves to a three-month training in-house. Second, it must “perform” (sic). Four or five officers were dismissed in recent months due to lack of convincing ratios, reveals the duo.

Ingredients for success: Neighborhoods in demand. A strong social network. A good fund of sympathy with brokers. And what else?

Our ability to adapt, respond Groleau. Persuasive, this son of a used car salesman is not “embarrassed” to review its customers’ once they bought the product, “he says, proud as a peacock.

McGill Immobilier filled a need in the market.

It is also the fact that she arrived at a time of soaring prices on the island. But unlike Vancouver or Toronto, there are few large investors here, they note. Little or no investment funds to buy a lot of properties of a sudden, they illustrate.

Do they have any advice on who would imitate them? Suddenly they are less vocal.

Prestige returning to Old Montreal

Interview with Mickael Chaput, real estate broker with the McGill real estate agency Condo Montreal

graham lanktree

MONTREAL— Special to Globe and Mail

The 350-year-old cobblestone streets of Old Montreal are always good for a romantic walk, but these days they hold some of Canada’s hottest commercial real estate opportunities.

After languishing for decades behind boarded-up windows, dozens of the area’s centuries-old buildings are being transformed.

Once again people are pouring into the area as old commercial structures are given new life as condo developments. “Within the last 10 years, the number of people living there has jumped from 5,000 to 50,000,” says Mickael Chaput, a broker with McGill Real Estate, who represents multiple properties in the area.

What’s to come is even more remarkable. New private and public building and infrastructure projects promise to dramatically raise the district’s profile – and property values – in the next decade.

Walking down the streets of the old banking district, though, it becomes apparent from all the à vendre or à louer signs decking the filigreed 19th-century facades for sale or lease that the market for office properties lags behind – but not for long.

“On average in 2012, we will see prices for office space increasing here by $1 to $2 per square foot,” said Mr. Chaput, adding that property in Old Montreal has been selling from between $350 to $650 a square foot depending on its condition and location. “Owners are finally starting to get demand for their properties and they want to revamp what they have or sell.”

The city’s first skyscraper, the 1887 red sandstone New York Life building at 511 Place d’Armes, has had its lobby gutted and the rest of the building redone. “Now it’s getting booked month after month,” Mr. Chaput says, meaning the elegant eight-storey building with its distinctive clock tower is once again filling with tenants.

Next door at the grey Aldred, the 1931 art deco limestone that mimics the gothic Notre-Dame Basilica across the street, Michel Bensmihen, the agent in charge of leasing, is pleased with the city’s $60-million redesign of the central Place d’Armes. Mr. Bensmihen says the refreshed square in front of the building will help to boost its status.

“We’re starting to see companies leaving their downtown office space and giving Old Montreal a try,” observes Andrew Maravita, Colliers International’s managing director for the Montreal region. “The old buildings that have been converted to loft-style space have a very nice feel to them that appeals to technology and knowledge companies and their employees,” he adds. “It’s accessible and you’re right by the waterfront, so it’s a fun place to work.”

Last year, AbitibiBowater Inc. relocated its head office from downtown to 50,000 square feet of space on the edge of Old Montreal. And lately, Mr. Chaput says, law firms with headquarters downtown are looking to relocate there too. “They’ve been asking me to find them space in Old Montreal,” he says, “since it’s becoming very prestigious to have your office there.”

New municipal and private building projects already under way will only serve to increase that cachet. To the south, on the waterfront, a $180-million plan to improve the federal lands of the Old Port will establish an urban beach, convert an old warehouse into an international exhibition centre and grow and improve green spaces.

To the west, as part of the more than $175-million Montreal 2025 plan, the city is changing the infrastructure of the raised Bonaventure expressway, which links the island of Montreal to the city’s South Shore. “We’re going to lower part of the expressway to ground level and split the north and south lanes into separate streets,” says Richard Deschamps, vice-chairman of the city’s executive committee for economic development and infrastructure.

Already on track for completion in 2014, “the plan will integrate the residential Griffintown neighbourhood, Old Montreal and downtown,” Mr. Deschamps says, adding that this pedestrian friendly approach will consolidate and renew the area’s economic potential. Just a couple of streets over to the north from Place d’Armes square, construction of the $2-billion CHUM superhospital is also under way for completion in 2019.

Nevertheless, despite all this activity, there’s a disparity in the quality of office space available. Some long-time building owners haven’t invested money in turning their assets around and are sitting on properties as they stood more than 20 years ago.

The Royal Bank’s first headquarters at 221 Saint-Jacques West remained empty since the late 1980s before being scooped up for a new 43-condo development set to open in 2013, Mr. Chaput says.

“With the vacancy rate relatively low at 5.6 per cent, there’s good demand for office space in Old Montreal,” Mr. Maravita adds, “but you have to have the right product to attract the tenants out in the market.” Pockets of old buildings that are empty or haven’t been renovated yet are opportunities to be repositioned for the future.

Those looking to capitalize, however, should ask themselves what they’re going to do with the property to make it a viable investment. “You have to really have a purpose of what you’re going to do with these buildings,” Mr. Maravita says, “because any property sitting in Old Montreal has heritage restrictions on it.”

These restrictions make the buildings very expensive to renovate and many have been neglected. “Often the floors are off kilter in these buildings,” says Robert Ruscio, a retail designer who has worked in the area. “In one case, we went into the basement and found a problem with one of the support beams.”

Parking is another disadvantage, Mr. Ruscio says. “It’s very limited and hard to find. The streets are narrow and sometimes your clients or employees will get a ticket.” This is a vital issue for those looking to create or purchase office space. “There’s no underground parking and that’s the major drawback of the area,” echoes Mr. Maravita.

Although the city recognizes that parking is a concern, “we’re bringing back the streets for pedestrians,” Mr. Deschamps says. “We’d like to invite people to walk more, use the subway, buses and the excellent Bixi bike rental system we’ve developed.”

In the end, Old Montreal’s European mentality is what makes it unique, Mr. Ruscio says, and he appreciates efforts to keep it that way. “There’s no other place in North America where you can experience the same feeling of old world Europe,” he says.

In addition to serving as District Griffin flagship to see the different phases of the project with two condos models built to scale. District Griffin will present a retrospective of the history of Griffintown and its architectural.

Indeed, the promoter Devimco anxious to preserve the historic character of the old Griffintown retains buildings of heritage value and architectural importance. Devimco will redevelop vacant lots and parking and for the buildings mainly sheds, garages, warehouses with no historical or architectural value in the eyes of the population.

For District Griffin, Devimco works closely with leading firms of architects and urban planners, some of world’s best. The architectural signature of the different phases of District Griffin is created from visual and architectural history of Griffintown to make harmonious coexistence of the new and old. All this in order to create a neighborhood in harmony with its past to the benefit of residents.

It is true that the Griffintown needed a makeover after experiencing a substantial decline in its population over the decades following the collapse of the industrial sector economy. Devimco will revitalize Griffintown with planning based on today’s realities rather than an industrial reality of another era while respecting the heritage of his first Irish residents. Meet the McGill real estate agency brokers who will be pleased to present the district and the proposed future DISTRICT GRIFFIN!

Condo Griffintown, McGill real estate agency, real estate broker, condo Montreal.

McGill University wants to set up a campus in Griffintown

The involvement of McGill University in creating an “Innovation Square ‘in Montreal District Griffin (Griffintown), were presented publicly for the first time. The project, known as the “Quartier Innovation”  (QI), aims to create a collaboration to innovate at the level of academic and professional programs, and serve as a campus of McGill University. Partners from McGill University in QI include the “École de technologie supérieur”e and the Quebec government and the companies named in the recommendations QI, such as Bombardier, Google, and Monsant. The development of QI will undergo further consultation in order to create a preliminary business plan by the end of March 2012.

http://www.mcgilldaily.com/2012/01/mcgill-plans-to-expand-into-griffintown/

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District Griffin Wednesday’s

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Wednesday, april 18th – LAUNCH DISTRICT GRIFFIN phase 3

1st edition wednesday february 29th – GASTRONOMY

Second edition wednesday, march 14th – IRISH HISTORY

Third edition wednesday, march 28th – ARTS

Bal du Mont-Royal friday march 30th

Condo Griffintown

District Griffin 02

www.districtgriffin.com

The Montreal condo specialist real estate broker Patrice Groleau present the new district DISTRICT GRIFFIN (Griffintown Montreal). The developer Devimco is the instigator of the revitalization of Griffintown in Montreal. Major property developer in Montreal, Devimco, already has two phases of condos for sale, condo phase 1 District Griffin is currently under construction at the corner of Peel and Wellington. Phase 2 condo District Griffin currently sells quickly since the launch. No surprise given that the condos will be neighboring two parks, beautiful pools, the water while being close to Old Montreal, downtown and the Atwater Market. Go see a real estate broker from the McGill real estate agency, McGill real estate overhead the sales condo District Griffin real estate project.

Le marché immobilier du condo à Montréal est en pleine effervescence avec des projets immobiliers de condos neufs annoncés au 4 coins de la Métropole. Le secteur de Griffintown à lui seul a reçu plus de 2o demandes de permis pour des projets immobiliers de condos neufs majeurs à vendre dans Griffintown d’ici les 2 prochaines années à Montréal. Devimco un joueur de premier plan dans le secteur Griffintown lance les premières bases pour la revitalisation du secteur Griffintown qui avec les autres promoteurs immobiliers de renom viendra créer un nouveau quartier avec un urbanisme basé sur les réalités d’aujourd’hui plutôt qu’une réalité industrielle d’une autre époque. Le promoteur DevMcGill qui a été le premier à se lancer dans la construction de projets immobiliers de condos neufs dans les environs de Griffintown lancera sous peu la 4e phase du projet M9 dans la Cité du Multimédia (Jonction Griffintown et Vieux montreal) fort du succès de ses 3 premières phases.

Avec Griffintown Montréal prend enfin aujourd’hui les décisions d’urbanisme qui feront de Montréal une métropole de calibre international avec sa propre signature architecturale et un design unique. Griffintown est une mixité entre le résidentiel et le commercial aux proportions de ses ambitions. Un quartier où il fait bon vivre mais aussi un quartier qui nous fait vivre.

Les promoteurs se bousculent donc aux portes de Griffintown, confirme Patrice Groleau, propriétaire de McGill Immobilier. «Tout le monde est en train de faire des offres sur les différents terrains dans le secteur Griffintown. Griffintown était  le secteur qui était le plus sous-développé de Montréal, mais il va se développer à la vitesse grand V», explique le courtier, spécialisé dans la mise en marché de projets immobiliers.

Le Devoir 24 août 2011 Montréal

« Les Québécois ne croient plus aux rendements boursiers. Ils ont de l’argent à investir. Plutôt que d’attendre quelques années, ils profitent des conditions actuelles pour se lancer dans un autre achat hypothécaire », remarque Patrice Groleau, propriétaire de McGill immobilier, une agence spécialisée dans la vente et la mise en marché de projets immobiliers à Montréal.

« L’augmentation du prix des maisons se maintient à Montréal et est très stable. Il n’y a aucune raison de croire à une bulle immobilière », ajoute-t-il.

« Les Québécois se rapprochent de plus en plus des grands centres urbains. L’activité économique s’y concentre et ils veulent minimiser les trajets en voitures. Les ménages délaissent souvent leur maison en banlieue proche pour acheter un condo en centre-ville et un chalet à l’extérieur. Cela coûte aussi cher. Ils peuvent ainsi y passer la plupart de leurs weekends hors de la ville », observe M.Groleau.

Argent, 23 août 2011