Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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Senior Residence Investment Opportunity
Château Westmount
Montreal
Colliers International (the “Advisor”) is pleased to
represent Château Westmount Inc. (the “Vendor”) to
offer for sale a 100% freehold interest in the Château
Westmount (the “Property”), located at 4860 de
Maisonneuve Boulevard West, in Westmount, Québec.
This offering presents the opportunity to acquire a
seniors’ residence along with the real estate asset
located in a prime and in-demand area. Strategically
located within Montreal’s most affluent neighborhood,
this 5-storey seniors’ residence comprises 112 resident
rooms with in-suite bathroom, common areas
including a lounge and restaurant, and provides level
IV-V care services.
Opportunity Highlights
A high-end property with elegant architectural design
Well maintained and attractive common areas
Prime location within the affluent neighborhood
of Westmount
Strong and growing market demand for senior homes
Significant potential to increase net profits by restructuring
expenses and increasing gross revenue
Colliers International // Château Westmount
2
Building Profile
4860 de Maisonneuve Blvd. W.,
Address
Westmount, QC
Lot Number 2 626 441
Lot Area ± 21,279 SF
Building Area ± 59,008 SF
Year Built 1990
C17-20-06 Residential,
Zoning
Commercial, Community
# Floors 5
Municipal Evaluation (2020-2022 role)
Building $2,248,700
Land $7,975,100
Total $10,223,800
Colliers International // Château Westmount
3
An Ideal Location About Westmount
The Property occupies a prominent Westmount is an affluent small city
position within Westmount’s most nestled within the City of Montreal,
Gr
sought-after area, which offers on the southwestern flank of Mount osv
en
or
an ideal location for residential Royal. Westmount benefits from Av
e.
projects owing to the vast array of an exclusive location to the west
amenities available to residents of Mount Royal, with an area of
including excellent highway only 4 km2 (1.54 mi2).
and transit accessibility (metro,
Vi
cto
Despite its direct proximity to ria
Av
train bus), parks, community e.
downtown Montréal, it has a
establishments, schools and
.
.W
separate feel - and its own police
lvd
shopping. force and electric company.
eB
uv
A predominantly residential
ne
Westmount Square, with its
on
Château Westmount
ais
neighborhood, its wide avenues
M
exceptionally sleek and modern
de
are lined with luxurious properties,
buildings designed by architect
architectural landmarks and mature
Ludwig Mies van der Rohe, includes
trees.
two mirrored towers dedicated to
.
W
t.
eS
luxury residences and a shopping With an enchanting urban
in
t.
er
kS
center. A few steps further,
th
forestry in the middle of the city,
r
Ca
Yo
te-
Westmount Park is a beautiful and Westmount has been nicknamed
in
Sa
serene green haven featuring a La Ville Jardin (the Garden City).
central pond, greenhouses, public
library and an arena.
Colliers International // Château Westmount
4
Westmount Demographic
& Socioeconomic Indicators
Westmount is a coveted community and is
characterized by a prosperous, highly educated
population. More than ¼ of its population of just
over 20,300 individuals is aged 65 years and plus1.
77% of the residents hold a college or university degree,
and while Westmount has traditionally always been
an anglophone community, it is estimated today that
more than 75% of its residents speak both English
and French2.
45,1 yrs 13.5% $295,342 $820,337
Average age Population Average Average home
over 75 years household municipal
of age income evaluation
1
CENTRIS demographic data,
2
Profil sociodémographique, Westmount (2018), Ville de Montréal
Colliers International // Château Westmount
5
Offering Details Interested parties are required to sign a Confidentiality Agreement prior to receiving additional information on this offering. Please contact us for a copy of the Confidentiality Agreement or download a copy from the email link. Contact Us Joe Rullier Vahé Shaldjian Vice President Senior Associate Commercial Real Estate Broker Commercial Real Estate Broker +1 514 764 2832 +1 514 764 2834 Joe.Rullier@colliers.com Vahe.Shaldjian@colliers.com Colliers International Montréal 1800 McGill College Avenue Suite 400 Montréal (QC) H3A 3J6 +1 514 866 1900 collierscanada.com This document has been prepared by Colliers International for advertising and general information only. This document is not an offer or promise to purchase, but is an invitation to submit an offer or promise to purchase. Colliers International makes no guarantees, representations or warranties of any kind, expressed or implied, regarding the information including, but not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Colliers International excludes unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from. This publication is the copyrighted property of Colliers International and /or its licensor(s). © 2020. All rights reserved. This communication is not intended to cause or induce breach of an existing listing agreement. Colliers International (Québec) Inc. Real Estate Agency.
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