- What The 125-unit 1200 Mackay in Montréal’s Golden Square Mile is on the block
- Why Developer Mondev is looking to offload the new property
- What next CBRE will take the first round of bids this week
A new apartment building in downtown Montréal’s Golden Square Mile is on the market for $60m, Green Street News can reveal.
Developer Mondev has given the assignment for the 125-unit 1200 Mackay to CBRE. The first round of bids is due Nov. 14. At the estimated price, the valuation works out to $480,000/unit.
Units at the 11-storey building range from studios to three bedrooms and have large windows and balconies or gardens. Amenities include a rooftop terrace, a fully equipped gym and underground parking.
The first occupants took up residence at 1200 Mackay in the spring. Cogir manages the property.
1200 Mackay is on Rue Mackay, near the intersection of Rue Guy and Boulevard René-Lévesque Ouest. It’s close to museums, boutiques and art galleries as well as Concordia and McGill Universities. Mont-Royal Park is within a kilometre.
