Hotel, Montreal, Canada

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Hotel, Montreal, Canada

78,210,000 $
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Yield: 7.0%
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Features
  • Total rooms: 350
  • Hotel rating: 4
  • Swimming pool

Four-star hotel.

Description

The room fund of the hotel: over 350 rooms.

The hotel includes a restaurant, a bar, an indoor pool, a fitness center, a business center and a meeting rooms.

Type of tenure: freehold.

The hotel can be rebranded with some restrictions on renovations.

Financial performance

The current yield of 6.5–7.5%.

The cost of the property is 82,400,000 $.

Location and nearby infrastructure

The hotel is located in a short drive from Montreal.

Statistics in Montreal

Price per m², $
4,220
Healthcare efficiency level
64
Index 64 from 100

The index reflects how respondents rank the overall level of healthcare quality, professionalism of medical staff, quality of equipment, cost of services, etc.

Safely rate
70
Index 70 from 100

When evaluating the crime level, Numbeo survey respondents (local residents) have shared their expectations of how safe would a lone walk in the part be for them during the day and night.

Real estate Price, $
Apartment in the city centre, m² 4,219.8
Apartment in a bedroom community, m² 2,580.19
Transport Price, $
Public transport, 1 ride 2.48
Monthly travel card 64.93
Taxi, 1 km 1.34
Petrol, 1 l 0.98
Food Price, $
Water, 1.5 l 1.61
Milk, 1 l 1.61
White bread, 500 g 2.46
Eggs, a dozen 2.32
Chicken fillet, 1 kg 10.92
Education Price, $
Kindergarten, per month 494.42
International school, per year 6,219.45
Health care index
Staff competence 68.24
Medical equipment 79.05
Research accuracy and completeness 67.06
Attitude towards patients 64.09
Security index
Crime rate 27.57
The risk of being robbed 24.5
The risk of car theft 37.56
The risk of break-in and property damage 41.63

The data is provided by numbeo.com and based on the answers of its users.
Tranio does not guarantee its reliability.

Show the entire statistics

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If this property wasn’t for you, take a look at other hotels for sale in Canada.

You can see more hotels for sale in Montreal elsewhere on our website.

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Julia Morozova
Julia Morozova
Project Manager at Tranio.Com Capital Markets Department
+44 17 4822 0039
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