Five hour line-up to secure condo at old Seville site
By Megan Martin, Montreal Gazette August 28, 2010 5:54 PM
Interested buyers surround the Seville condo project office at Ste. Catherine and Lamert-Closse Sts. in Montreal on Saturday, Aug. 28, 2010
Interested buyers surround the Seville condo project office at Ste. Catherine and Lamert-Closse Sts. in Montreal on Saturday, Aug. 28, 2010
Photograph by: Bryanna Bradley, The Gazette
MONTREAL - Over 300 people lined up on Ste. Catherine St. this weekend for the chance to reserve one of the new condo units being built in the Le Seville project at the site of the old theatre.
"We were not expecting a crowd like this," said Jacques Vincent, co-president of Prével, the developer handling the Le Seville project. "There's been a lot of interest, but a response like this is very encouraging; I'm sure we will be sold out of Phase I units by the end of the day."
The project, pegged at $112 million, includes three phases. Phase I consists of 99 units, the construction of which starts in the fall.
"We're very excited, very happy, it's our first place," said Karen Menegon and Gianni Panzera. The couple walked out of the project's office beaming after reserving their condo. "It took us about five hours, but it was well worth the wait."
The condos will be ready for delivery in the spring of 2012. The Phase I units go from 450-950 square feet and prices range from $144,000 to $350,000.
"It's a great location and they're really not expensive compared to everything else that's for sale," said Stephanie Potash, a native of Terrebonne who was waiting in line Saturday. "People know that they can probably sell this in a few years for more than they paid, it's a great investment."
Phase II of the project consists of 120 units and will go on sale in the fall. The company plans to start construction on this phase in the spring of 2011. And Phase III, 230 units, will follow after that.
"Montreal is densely populated, so there's a lot of interest in any new project," Vincent said. "There's an interest in the area specifically because it's downtown and very central."
Prével has been in business for 32 years and has done several well known projects in Montreal including Lowney Urban Condos and Imperial Lofts.
mmartin@thegazette.canwest.com
© Copyright (c) The Montreal Gazette
By Megan Martin, Montreal Gazette August 28, 2010 5:54 PM
Interested buyers surround the Seville condo project office at Ste. Catherine and Lamert-Closse Sts. in Montreal on Saturday, Aug. 28, 2010
Interested buyers surround the Seville condo project office at Ste. Catherine and Lamert-Closse Sts. in Montreal on Saturday, Aug. 28, 2010
Photograph by: Bryanna Bradley, The Gazette
MONTREAL - Over 300 people lined up on Ste. Catherine St. this weekend for the chance to reserve one of the new condo units being built in the Le Seville project at the site of the old theatre.
"We were not expecting a crowd like this," said Jacques Vincent, co-president of Prével, the developer handling the Le Seville project. "There's been a lot of interest, but a response like this is very encouraging; I'm sure we will be sold out of Phase I units by the end of the day."
The project, pegged at $112 million, includes three phases. Phase I consists of 99 units, the construction of which starts in the fall.
"We're very excited, very happy, it's our first place," said Karen Menegon and Gianni Panzera. The couple walked out of the project's office beaming after reserving their condo. "It took us about five hours, but it was well worth the wait."
The condos will be ready for delivery in the spring of 2012. The Phase I units go from 450-950 square feet and prices range from $144,000 to $350,000.
"It's a great location and they're really not expensive compared to everything else that's for sale," said Stephanie Potash, a native of Terrebonne who was waiting in line Saturday. "People know that they can probably sell this in a few years for more than they paid, it's a great investment."
Phase II of the project consists of 120 units and will go on sale in the fall. The company plans to start construction on this phase in the spring of 2011. And Phase III, 230 units, will follow after that.
"Montreal is densely populated, so there's a lot of interest in any new project," Vincent said. "There's an interest in the area specifically because it's downtown and very central."
Prével has been in business for 32 years and has done several well known projects in Montreal including Lowney Urban Condos and Imperial Lofts.
mmartin@thegazette.canwest.com
© Copyright (c) The Montreal Gazette