Montreal Ritz-Carlton penthouse apartment sells for document $11 million

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The penthouse is a part of the Ritz-Carlton Residences Montreal complex that includes 19 units, six of them penthouse flats. Possession brings entry to facilities together with valet and housekeeping providers, in addition to perks from the adjoining Ritz-Carlton Resort like 24-hour room service and catering from their Maison Boulud restaurant.

Floor-to-ceiling glass walls add to the condo's 'wow' factor.
Ground-to-ceiling glass partitions add to the apartment’s ‘wow’ issue. Picture by Kaufman Group at Sotheby’s Worldwide Realty Canada.

The asking worth for the penthouse, dubbed Rockstar by the developer due to its nook suite location “that brings the largest ‘Wow’ issue,” Kaufman mentioned, was $12.9 million. It was available on the market for lower than three months.

Condominium charges are $125,000 a yr, municipal and college taxes $84,000.

It’s been a busy yr for Sotheby’s in Montreal, Kaufman mentioned. She speculates it’s as a result of the pandemic has pushed individuals to focus extra on the standard of their dwelling areas. And since the town is now considered a protected haven for worldwide shoppers, with out the added price of the overseas purchaser tax seen in Vancouver and Toronto, worldwide consumers account for greater than 50 per cent of her gross sales.