Buy a Mansfield Condo, Get a Free BMW?

In what might be one of Montreal Real Estate’s most attractive sales events, Brivia, the Developer who brought you 1 Square Philips, is holding a 1 day promotion for their new Mansfield Condo Project. As a Platinum Broker, I had the opportunity of attending the announcement event and this is exciting stuff.

The epitome of urban luxury living. Nestled in the vibrant heart of Montreal, Mansfield Condos offer a lifestyle of unparalleled sophistication and convenience.

Imagine waking up to breathtaking views of the city skyline, with every amenity you desire right at your fingertips. From gourmet dining to world-class shopping, cultural experiences, and entertainment, Montreal's finest offerings are just moments away from your doorstep.

Voucher Breakdown

• Studio buyers receive a $40,000 BMW voucher

• 1 Bed buyers receive a $60,000 BMW voucher

• 2 Bed buyers receive a $90,000 BMW voucher

• 3 Bed buyers receive a $130,000 BMW voucher

Contact me today for more details on both the vouchers and available Mansfield Units.

Market Update: Inflation Under 3% For 1st Time In 3 Years

Some more good news coming out of the markets today that will be positively affecting your ability to purchase, sell or invest in real estate. The Fed will be making an announcement at 2PM today but we should already be happy that the inflation rate has come in below projections at 2.9%, official marking it as the first time the inflation rate has fallen below the 3% mark in 3 years. On a six-month annualized basis, it's under 2%!

Here’s the 3 most important announcements that will affect interest rates and inflation.

• Wednesday's Fed rate announcement

• Wednesday's Canadian GDP

• Friday's U.S. job numbers.

Now, let’s shift gears to the current interest rates:

Insured 5 Year fixed starts at 4.94% and 5.19% for 20% down or +
Insured 5 Year Variable starting at 6.25% and 6.60% for 20% down or +
Conventional (rentals / 1M + purchase price) starting at 5.19% fixed 5 years,

6.60% variable.
6.30% 5 Year-Variable (w/ 35% down)

1 Year fixed starting at 6.64% (Insured)
2 Year Fixed starting at 5.99% (Insured)
3 Year fixed starting at 5.14% (Insured)

UPDATE: Bank of Canada Holds Key Rate at 5%

In its most recent announcement, the Bank of Canada has maintained its key interest rate at 5%, a move that reflects its commitment to balancing economic growth and inflation control. This also marks the fourth consecutive time the BoC has decided to hold the rate.

The bank has been clear on their reasons for not already cutting the rate. “The Council is still concerned about risks to the outlook for inflation, particularly the persistence in underlying inflation,”

While we were all hoping for a cut in the key rate, there is still a silver lining to today’s announcement. Discussions of rate shifts have gone from hikes to talks of cuts. This doesn’t only signal a rate cut in the near future but also shows the general outlook and attitude of the BoC.

Here’s an encouraging statement by Tiff Macklem: “With overall demand in the economy no longer running ahead of supply, governing council’s discussion of monetary policy is shifting from whether our policy rate is restrictive enough to restore price stability to how long to stay at the current level,”

Only time will tell what comes next but I think it’s safe to say that there looks to be light at the end of the 2024 tunnel.

Not sure what your next move should be? Whether it’s buying, selling, renting or investing, talk to me first.

Rate Update: Thing

2024 is here and the fixed rates continue to drop with the Big 6 banks also jumping into the competition. We also see our first rate starting with a four and after the past few years we’ve had, that’s some excellent news. Pundits continue to estimate a resting rate in the low to mid 4’s within 2024 but only time will tell, there are no guarantees when it comes to rates! Below are some of important rate updates to pay close attention to if you’re considering purchasing a home.

Rate Summary As of January 12th 2024

Feeling a bit lost? Don’t worry, you’re not alone. Contact me to discuss what these rates mean for you and how to take advantage of them to get the best price possible on your purchase.

New Rental: 90 Prince (Old MTL)

Welcome to 90 rue Prince. Home of Le M9 Condos. Live at the very centre of some of Montreal's finest attractions.

Start your morning by walking a mere few feet to Cafecito and picking up a delicious coffee. Enjoy dinner at some of Montreal's finest restaurants like Fish Bone or eat in and shop for groceries just a walk away! This 900 sq-ft, 2 bed, 2 bath condo boasts a huge master bedroom and spacious bathrooms and a fully equipped, large kitchen. Fully furnished and ready to move in.

• Condo Features

  -Fully Furnished, Turn Key
  -Large main bedroom
  -Spacious Bathrooms
  -Stainless Steel Appliances
  -Washer/Dryer Included
  -Modern loft style

• Building Amenities

  -Fully equipped gym
  -Pool
  -24hr Security
  -Bicycle Parking
  -Large Storage Space
  -Private courtyard

New Rental: 101 Peel (Mary Robert Condos)

One of two new rentals I’ve really signed on, 101 Peel is easily one of my favourite Griffintown condos. Not only is the apartment a total stunner but you should see the Mary Robert building.

Live at the very centre of some of Montreal's finest attractions. Start your morning by getting your caffeine fix a few feet away at Cafe Bodega.. Enjoy dinner right across the street at Moretti or eat in and shop for groceries just a walk away! This 845 sq-ft, 2 bed, 1 bath condo boasts a huge master bedroom and spacious bathroom and a fully equipped, large kitchen. Fully, beautifully furnished and ready to move in.

• Condo Features

  -Fully Furnished, Turn Key
  -Large main bedroom
  -Spacious Bathrooms
  -Stainless Steel Appliances
  -Washer/Dryer Included
  -Modern loft style

• Building Amenities

  -Fully equipped gym
  -Nordic Spa
  -Pool
  -24hr Security
  -Concierge
  -Bicycle Parking
  -Large Storage Space
  -Private courtyard

Market Update: Bank of Canada Holds Rate at 5%

In some very important news this week, the Bank of Canada has decided to hold their rates at 5% for a third consecutive meeting. Considering the turbulent changes we’ve witnessed in rates for the past year, this is some considerably good news.

What does this mean for current mortgage holders? Anyone who currently has a variable rate or a HELOC are well positioned now that inflation is moving in the right direction Furthermore, this could mean rate cuts at some point in 2024.

Does this mean buyers should be jumping into the market? In a word, yes. Experts are expecting 2024 to be an unpredictable year. Interest rate changes will depend on a variety of factors and can go up or down. Now that we’ve got a pause at 5%, this would be a good time to grab a property.

Worried you’ll miss possibly lower rates next year? A variable mortgage may be a good move for you to benefit from any potential rate drops.

But, don’t worry about all that. All you need to do is contact me, and I’ll make sure you’re in good hands.

Clandestino Bar: A Hidden Gem In The Plateau

Montreal, known for its vibrant cultural scene and eclectic nightlife, houses a plethora of bars that cater to various tastes. Among the hidden gems nestled within the city's streets is Clandestino Bar – a unique and clandestine spot that has been winning the hearts of locals and visitors alike. In this article, we will explore the allure of Clandestino Bar in Montreal, offering a sneak peek into what makes it a must-visit destination for those seeking an unforgettable night out.

The Enigma of Clandestino:

Clandestino Bar, situated discreetly in Montreal's nightlife hub, stands out for its enigmatic ambiance. The bar's name itself suggests an element of secrecy and exclusivity, drawing in patrons who crave an experience beyond the ordinary. From the unmarked entrance to the dimly lit interior, every aspect of Clandestino adds to the mystique, creating an atmosphere that piques curiosity and heightens anticipation.

Crafted Cocktails and Mixology Mastery:

One of the key highlights of Clandestino Bar is its commitment to mixology excellence. The skilled bartenders at Clandestino are masters of their craft, concocting signature cocktails that tantalize the taste buds. From classic concoctions to innovative blends, the drink menu at Clandestino is a testament to the bar's dedication to providing a top-notch drinking experience.

Hidden Location, Exclusive Vibes:

The clandestine nature of Clandestino isn't just limited to its name; the bar's strategic location adds an extra layer of exclusivity. Tucked away from the bustling main streets, Clandestino offers a retreat for those seeking an intimate and secluded atmosphere. The exclusivity of the location ensures that patrons feel like they've discovered a well-kept secret, making every visit a unique and memorable experience.

Live Music and Entertainment:

To elevate the overall experience, Clandestino Bar often hosts live music performances and entertainment events. Whether it's a local jazz band, acoustic performances, or DJ sets spinning tunes into the night, the bar ensures a dynamic and engaging atmosphere. The carefully curated events add a touch of unpredictability to each visit, making Clandestino a go-to spot for those who appreciate quality entertainment.

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Only a 10 minute drive away, my listing on 4314 de Lorimier isn’t only, perfectly located to enjoy the gems of the Plateau such as Clandestine but is one of the most unique apartments in the city. Hit the link below to check it out for yourself and schedule a visit!

4314 de Lorimier

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