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Le Peterson A New Landmark Residential Tower in the Heart of Downtown Montreal.

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Presentation on theme: "Le Peterson A New Landmark Residential Tower in the Heart of Downtown Montreal."— Presentation transcript:

1 Le Peterson A New Landmark Residential Tower in the Heart of Downtown Montreal

2 Le Peterson Trophy Property Exceptional Team Montreal Investment potential Rental Market Strategic location Suite Design Amenities Immigration Opportunity

3 Trophy Property Landmark on Montreal’s skyline 31 floors, 253 suites Exceptional architecture – reflective of the artistic and cultural vibrancy of the neighborhood

4 Exceptional Team Groupe Benvenuto – Award winning, established developer – Luxury high rise and urban infill focus – Known for exceptional design, attention to detail and operating excellence – Latest development in Toronto was awarded PUG and values have appreciated by 50% – Onyx in Montreal, instant sales success

5 Exceptional Team Groupe Benvenuto assembled – Financed by RBC (lead lender-$825B in Assets, #1 financial institution in Canada) CIBC ($350B in assets, #5 bank in Canada) – NEUF Architects – leading high rise architects – Patton and Associates Design – award winning design firm – Reliance Construction – Eastern Canada’s leading high-rise builder

6 Montreal Canada’s 2 nd largest city, 9 th in North America Population of 3.8M, growing by 40,000 yearly GDP of over $120B Economic centre for many industries Commerce, Pharmaceutical, Transportation, Technology, Life Sciences, Aerospace, Film, Tourism 170,000 university students, 20,000 foreign students McGill, Lasalle College, University of Montreal, Concordia New $2B Superhospital Will create 8,000 jobs in 2016

7 Investment Potential Trophy building that will change the city skyline and continue to appreciate once delivered and recognized North America’s best rent/price ratio-investment return Montreal’s strongest rental node Best in market amenities, reasonable common area charges Growing demand from migration to downtown core, universities, new super-hospital and proximity to transit and CBD Suites designed with fantastic, efficient layouts Positive cash flow from day 1 Hard to replicate, strategic urban-infill site will contribute to above average rent and value appreciation

8 Rental Market 450,000 rental suites with low vacancy Growing demand Very limited supply Le Peterson sits in one of the strongest rental nodes with – McGill, University of Quebec at Montreal – Large downtown office core – Superhospital – Major employers

9 Rental sub-market drivers Population growth-immigration Downtown migration University growth New important “super-hospital” Major public and private sector investment in the area-office, cultural, hospitals and universities Well performing rental market, strong rental culture, 2.7% vacancy during a period of low rates that support home ownership Only 12% of new condominium supply goes to the rental market (2,000 suites a year new supply) with a tired, 500,000 suite inventory Growing demand and rents in this location Rental stock is old and does not offer modern features, finishes or amenities

10 Strategic Location A quiet residential street in the heart of downtown Rises above Quartier de Spectacles - true centre of Montreal’s downtown – 80 cultural venues – 28,000 seats in 30 performance halls – 45,000 jobs – $700 million in government investment – $1.9B in private sector investment

11 Strategic Location Steps from Montreal’s downtown office core and financial centre Near shops, dining and art galleries Short walk to new super-hospital Minutes from McGill, University of Quebec at Montreal, LaSalle College, Concordia University 100m to Montreal’s Metro (subway system) Walk score of 100 and Transit score of 100!

12 Suite Design Efficient, Wide shallow one and two bedroom suites Large dramatic Balconies with sweeping views of the city Floor to Ceiling Windows Luxury Finishes Designer kitchens – stone countertops and stainless appliances Luxury washrooms with oversized glass showers In-suite laundry

13 Suite Design – Arts and Tango Arts 731 Sq. Ft. – Split two bedroom suite with two study areas – Corner unit – Open concept living and dining spaces – Large full width balcony Tango 482 Sq. Ft. – One Bedroom plus study area – Open concept living and dining spaces – Large full width balcony

14 Amenities Spectacularly designed double height lobby 24 hour concierge Media lounge/games room/demonstration kitchen Guest suite 25 th floor sky deck with lounging and dining area 25 th floor fitness studio/rock climbing wall

15 Interested in Immigrating to Canada? Through the Quebec Investor Program you may receive a Canadian Permanent Resident Visa if you have Net worth of CAD $1.6 M 2 years of management experience within the last 5 years (anywhere in the world) investment of CAD $800,000 in either a government-guaranteed investment of the individual’s own funds with the Government of Quebec, to be returned after 5 years with 0% interest OR a one-time financing fee to a government-approved financial institution. The financial institution (ex: RBC, Desjardins) will then invest CAD$800,000 with the government on individual’s behalf proof of intention to reside in Quebec Purchasing a Unit at Le Peterson Secures a high yield, income generating investment Qualifies towards the $800,000 required investment proves your intention to reside in Quebec counts in the total calculation of your net worth THIS PROGRAM IS UNIQUE TO QUEBEC AND DOES NOT EXIST ANYWHERE ELSE IN CANADA

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