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CÔTE-VERTU Montreal, QC TABLE of CONTENTS 4 Overview 6 the Property Transit-Oriented Development Site for Sale in Ville Saint-Laurent 455 boul. de la CÔTE-VERTU Montreal, QC 4 Overview 6 The Property 8 Location 9 Developments in the Area 10 Demographics 11 Saint-Laurent Market 12 Access Amenities in the Area TABLE OF CONTENTS 14 3 2 Cushman & Wakefield is pleased to present 455 Côte- Vertu Boulevard, a large scale site with excellent development potential adjacent to the new Montpellier REM station in Ville Saint-Laurent. The property consists of 128,658 square feet of land with a 115,000 square foot industrial building erected thereon. Although the site is currently zoned as industrial, the property’s highest and best use is a redevelopment with a view to achieving residential zoning. Neighboring projects in the immediate area have received approval for 2 to 3 times density and a CÔTE-VERTU maximum height of up to 6 floors. The site is situated in a densely populated residential area, in between Marcel Laurin Boulevard and Highway 15 and is surrounded by a number of new development projects. The area is very well serviced by public transportation and is within walking distance to many local and national retailers such as Metro, CIBC, Jean- Coutu and the National Bank. MONTPELLIER GARE JULES POITRAS 4 5 THE PROPERTY PROPERTY Lots 1589289 & 1985292 Building Area 115,000 SF Land Area 128,658 SF Year Built 1955 Real Estate Taxes $118,223 Clear Height 14-18 ft. CURRENT ZONING Max Allowable Density 0.80 Zoning I-13-062 MUNICIPAL EVALUATION Land $1,231,000 Building $2,023,900 Total $3,255,000 Phase I and II Environmental reports have been ASKING PRICE performed and will be made available. CONTACT BROKERS 6 7 LOCATION DEVELOPMENTS Centrally located on the Island of Montreal, Ville St-Laurent’s access to all major roadways, IN THE AREA public transportation, as well as its proximity to Downtown Montreal and the Pierre-Elliott Trudeau airport make it a very desirable location to both live and work. It is Montreal’s second largest employment hub, after downtown Montreal, employing more than 105,000 people across 4,600 businesses and plays a pivotal role in Montreal’s economy. Ville St-Laurent is also one of Quebec’s most ethnically diverse boroughs and has seen tremendous growth in its population over the last several decades. In fact, its population has increased by nearly 25% in the last 10 years alone. Surrounded by residential developments, (the property is in close proximity to Marché Central, Cité Signature Rockland shopping center and will be a short drive from CarbonLeo’s new $1B+ Royalmount Manoir project. The site offers easy access to Highway 15 via Cote-Vertu Boulevard and Highway 40 via Marcel Laurin Boulevard and direct access to the Montpellier train station and future REM 455 Côte- Vertu Jardins Montpellier station. Varrieres du Golf Les Châteaux de Casson 990 Jules-Poitras Le Place Fortier WR3 Lekinox Zac sur Lac Manoir de Casson Amelia Tod Condos Complexe Montpellier Place des Nations - Phase III Le Trianon - Phase II Stegers Cité Midtown New Condo Senior’s Residences • BORDERED BY 4 HIGHWAYS: 13, 15, 20 and 40 Developments • 2 METRO STATIONS: Côte-Vertu and Du College New Townhouse Existing Condo Developments • 3 TRAIN STATIONS: Montpellier, Du Ruisseau and Bois-Franc Developments • 35 BUS LINES • 4 NEW REM STATIONS 8 9 DEMOGRAPHICS 5 KM SAINT-LAURENT HOUSING MARKET RADIUS Date Total Units Under Construction Jan. 2019 403 Jan. 2018 300 K K Jan. 2017 323 435 12 Jan. 2016 291 TOTAL POPULATION POPULATION DENSITY Jan. 2015 293 (PERS/ KM2) SAINT-LAURENT RENTAL MARKET K Unit Size Avg. Monthly Vacancy Rates 40 455 Rent (2018) AVERAGE AGE TOTAL DAYTIME Bachelor $610.00 1.2% POPULATION 1 Bedroom $745.00 3.4% 2 Bedroom $865.00 2.9% 3 Bedroom $950.00 4.3% 74K 199K SAINT-LAURENT CONDO MARKET AVERAGE TOTAL PRIVATE Median Selling Price $311,000 HOUSEHOLD INCOME DWELLINGS (up 6% from previous year) Vacancy rates in the area will remain low as housing demand continues to outpace supply . 10 11 The site is located directly on the Montpellier Montpellier train station and with delivery of the REM slated for 2021- 15 ACCESS 2023, the already highly accessible Du Ruisseau borough of Ville St-Laurent will only become more connected. The new REM station, which will be directly adjacent to the site, will provide commuters with rapid and frequent access to Central Correspondance A40 TRANSIT TIMES Station (downtown), the South and North Shore, the airport, the Technoparc REM CAR CÔTE-VERTU Montreal, and various areas of the West Bois-Franc Island. Airport 8 MIN. 15 MIN. Downtown 12 MIN. 20 MIN. Mont-Royal West Island 9 MIN 15 MIN. 117 REM Gare Montpellier 55 M Sunnybrooke METRO Côte-Vertu 1.7 KM 40 BUS 171 Henri Bourassa 0.1 KM 378 Sauvé 0.1 KM 380 Henri-Bourassa 0.1 KM Des Sources Technoparc 121 Sauvé 0.1 KM 128 Ville Saint-Laurent 0.2 KM 54 Charland 0.5 KM HIGHWAYS Autoroute 15 1.7 KM Montréal-Pierre Elliott Trudeau Autoroute 117 3.0 KM Autoroute 40 4.4 KM 12 13 AMENITIES IN THE AREA 1 Les YMCA du Québec 11 Home Dépot 2 Vanier College 12 Costco Wholesale 3 Saint-Laurent Cégep 13 Réno Dépôt 4 Metro Plus 14 Winners 5 Clinique Le Plein Ciel 15 Marché Central 6 CIBC 16 Canadian Tire CÔTE-VERTU 7 Jean-Coutu 17 Best Buy 8 Ultramar 18 Cinéma Guzzo 9 National Bank 19 Rockland Centre 10 Marché Adonis 20 Pharmaprix 11 13 12 14 10 15 18 17 16 7 9 19 6 8 20 5 1 4 2 3 14 15 LLOYD COOPER, SIOR B.C.L., LL.B., MBA, MCR, ICD.D. Vice Chairman Chartered Real Estate Broker AEO +1 514 841 3821 [email protected] ERIK LANGBURT M.B.A., MCR Executive Vice President Real Estate Broker + 1 514 841 3818 [email protected] SEAN GREENSPOON Associate Real Estate Broker +1 514 841 3865 [email protected] ©2019 CUSHMAN & WAKEFIELD. ALL RIGHTS RESERVED. THE INFORMA- TION CONTAINED IN THIS COMMUNICATION IS STRICTLY CONFIDENTIAL. THIS INFORMATION HAS BEEN OBTAINED FROM SOURCES BELIEVED TO BE RELIABLE BUT HAS NOT BEEN VERIFIED. NO WARRANTY OR REP- RESENTATION, EXPRESS OR IMPLIED, IS MADE AS TO THE CONDITION OF THE PROPERTY (OR PROPERTIES) REFERENCED HEREIN OR AS TO THE ACCURACY OR COMPLETENESS OF THE INFORMATION CONTAINED HEREIN, AND SAME IS SUBMITTED SUBJECT TO ERRORS, OMISSIONS, CHANGE OF PRICE, RENTAL OR OTHER CONDITIONS, WITHDRAWAL WITHOUT NOTICE, AND TO ANY SPECIAL LISTING CONDITIONS IMPOSED BY THE PROPERTY OWNER(S). ANY PROJECTIONS, OPINIONS OR ESTI- MATES ARE SUBJECT TO UNCERTAINTY AND DO NOT SIGNIFY CURRENT OR FUTURE PROPERTY PERFORMANCE. .
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