Montreal will be the first Canadian city to have Waldorf Astoria Hotel and Residences to grace it’s skyline. In addition to the hotel’s 250 rooms and 76 residences, the 32-story Waldorf=Astoria Montreal will feature 15,000 square feet of ballroom and meeting space, signature restaurants, bars, and a luxury spa and fitness center. The $200 million dollar project is scheduled to open summer 2011 at 1500 Sherbrooke Street West, Montreal, Quebec, H3G 1H6, Canada.
Archive for June, 2008
The Greater Montréal Real Estate Boards’s (GMREB) MLS® system shows a 9% decrease in transactions for May, compared to the same period in 2007, with 4,544 sales. This means a year to date decrease in sales of 4% compared to the same period last year. However, the median price of a single-family home is on the rise by 5% in comparison with May 2007.
“It’s good news for the market and naturally for sellers as prices are continuing to increase slowly and steadily. This is also helpful for buyers whocan be reassured that Montréal real estate continues to be a good investment,” says Michel Beauséjour, FCA, Chief Executive Officer of the the GMREB. Read More
