Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier

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Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
Senior Residence Investment Opportunity
Château Westmount
              Montreal
Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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

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Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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

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Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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

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Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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

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Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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
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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.
Château Westmount Senior Residence Investment Opportunity - Montreal - Joe Rullier
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