At 19 stories high in the Quartier des Spectacles, La Tour Fides is quickly becoming a household name in the city’s real estate circles. We compiled 10 reasons why this is the most exciting new condo project in downtown Montréal.
From the 9th floor upwards, La Tour Fides will offer completely unobstructed views of the Old Port, the Saint-Lawrence River, Mont-Royal and Montréal’s impressive downtown skyline. In the higher floors, we still have a variety of studios, one-bedroom units, two bedroom units and penthouses with impressive views of the city.
2.Unrestricted Access to Arts and Culture
Not everyone has the privilege of leading an artful life. Creatives and free spirits congregate in thriving communities where the senses can be stimulated through music, visual art, gastronomy and theatre. Montréal’s famous Quartier des Spectacles houses the city’s main concert halls, festivals and art galleries. Summers are brightened up by the Jazz Fest, les Francofolies and the Just for Laughs Festival. Visual and multisensory art is always on the menu at the world-famous Contemporary Arts Museum.
3.Steps Away from the Old Port
Sift through the sands of time by taking a stroll across Old Montreal and the Old Port. Take a breath of fresh air in North America’s oldest garden, which lies below the Old Saint-Sulpice Seminary, built in 1687. Grab a bite at the Vieux-Port Steakhouse or have a delicious cocktail at the Hotel Nelligan terrace. Get a breath of fresh air while enjoying the unique perspective from La Grande roue de Montréal. You can top off your evening by relaxing your mind and body at Bota Bota, a historic river ferry turned into a “floating spa”.
4.State-of-the-Art Sports Facilities
La Tour Fides includes over 12,000 square feet of common areas so you can to lead a healthy and active lifestyle. You can vary your training routine by integrating some muscular and cardio fitness. Lift weights at the gym, swim laps at the pool, relax in the spa and stretch at the yoga studio. Add some adrenaline to your workout by taking on an opponent at the one and only squash court.
5.Entertainment at your Fingertips
If you want to enjoy a private screening of the film of your choice, head downstairs to the cinema. It will have reclining seats, a 150-inch projected screen and a powerful 5.1 Dolby surround sound system. This immersive experience will make you forget about the sticky floors and obnoxious spectators at the local movie theater. You can also enjoy the evening with a game of pool, table soccer and video games at the Games Room.
6.Receive Friends and Family at the Guest Suite
Even if you own a smaller unit condo, there’s always room for guests. Using the condo’s management app, you can reserve a slot for their short-term stay and have people staying in our guest suite. This 405 square foot unit will be located in the seven-story building and will have room for up to two people. Profits from this service will be directly injected into the condo association’s account, which will help reduce condo fees for all co-owners and help pay for essential services.
7.High-End Finishing Options
Finishing options at La Tour Fides are a notch higher than what condo buyers are accustomed to. Your kitchen will come with quartz or marble counters and backsplashes. Ceramic and quartz surfaces will give a distinct look to your bathroom.
8.Introducing the Smart Studio
The way a studio is built has been completely redefined to fully optimize the use of space and provide maximum control to the resident through smart home technology.
Today’s home buyer is used to a certain degree of home automation. Smart Studios will have an interface to control lights and adjust their brightness, color and mood remotely, through a control panel near the front door, a user-friendly app and voice commands. There will also be scheduling options, such as setting a mellow mood at dinner time. Air conditioning, heating and alarm systems will also be integrated for a hassle-free smart home experience.
Our Smart Studios come furnished with a murphy bed and a custom-built desk that turns into a dining table. The units are designed with elegant millwork finishing throughout the unit, except for the quartz kitchen counters and ceramic bathroom tiles. Ranging between 300-400 square feet, Smart Studios do not waste any space. Each nook and crevice is used for storage and comfort purposes.
With direct access the orange, green and yellow STM lines, Berri-UQAM is Montréal’s most notable metro station. It is conveniently located just five minutes away from La Tour Fides. This makes it easy to move around the city at any time of the day. The new condo project is also steps away from Champ-de-Mars (orange line) and St-Laurent (green line).
Frequent international travelers can also benefit from the 747 bus stop, which is just downstairs. The 747 is an express bus line that constantly goes back and forth to the YUL Montréal airport. This is much more affordable than using a taxi or Uber, and avoids you the hassle of having to leave your car at the airport or hauling your luggage across the city.
For your transportation needs, the parking lot will also include a carsharing service, bicycle storage and shared bikes.
No matter your preferred means of transportation, it’s always a breeze to get to your destination.
10. Competitive Introductory Pricing and Attractive ROI
When buying a condo in a pre-construction phase, your down payment can range from 10% to 35% over the course of a year, with multiple deposits. That down payment is considered your initial investment. As an investor, you can benefit from an annual return on initial investment of 24% to 39% in the first year, depending on the unit of their choosing. Because delivery is in 2023, the investment’s value rises with the market by 7% to 10% annually before and during construction until the day you take ownership of your new home. This is based on a historic analysis of the Montréal real estate market since 2016.
For example, Francis buys a studio for $255,900 in the year 2020. He makes a 25% down payment ($63,975) over the course of a year. In 2021, his unit is now valued at $280,000 (≈10% appreciation). Within one year, he has gained almost half of his initial investment, and this keeps going until delivery. At that point, Francis can start appreciating the beauty of his new home – no pun intended.
Since the project’s construction will begin in 2021, now is the time to secure the best price. We have just launched the presale, so we still have many attractive studios, 1-2-3 bedroom condos, penthouses and townhouses. You can take a virtual tour with an interactive 3D model of the project, including plans and views for each unit. To see what the future holds for you, get in touch with the team to book your appointment.