How to find a Luxury Apartment in Montreal

People dream of having a nice apartment in a posh neighborhood. A luxury apartment, however, must have certain high-end amenities available to occupants. Renting a luxury apartment is not easy; finding an apartment complex requires some real estate experience, which is why relying on a professional is an asset. In this article, discover tips to help you find your perfect luxury apartment.

Luxury real estate is synonymous with quality, refinement and exclusivity. These concepts evolve and take into account cultural and economic trends and developments.  It is not surprising that many people are looking for luxury apartments in Montreal, as the city is exceptional in terms of architecture, as dazzling structures are built regularly in and around the city. As a result, your selection of luxury apartments available, has increased considerably in recent years.

What Are the Perks of a Luxury Apartment?

Luxury apartments offer unparalleled comfort, as a result of high-end construction, high-end materials, quality equipment, and accessories.

Luxury apartments (houses, condominiums or apartments) have many benefits: numerous rooms, multiple bathrooms, attractive lighting, and more.

Luxury apartments also offer amenities, such as a fully equipped kitchen, heating, air conditioning, an elevator, private parking, a play area, and a well-kept garden.

Luxury apartments can even offer special services, worthy of large hotels. The entrance is spacious with natural light flooding through, daytime and night-time security guards, guide staff, common area cleaning, surveillance systems, swimming pools, gyms, saunas, waterfalls, small convenience stores and other services. In general, upscale homes are built in residential areas, ensuring a safe, quiet and peaceful life.

The Selection Criteria

Exceptional opportunity and location, rarity, cost-efficiency, luxury and exclusivity are all essential criteria in the search for a luxury property.

When looking for a luxury apartment, certain parameters should be taken into account.  This involves scouting for an ideal location, considering the property value, interior design, amenities and social context. In principle, luxury apartments should be located in a residential and secure area. The view should be beautiful and overlook a scenic landscape. The apartment must be located far from road noise, and should be well-insulated. It is also important to check that the apartment is close to shops and pharmacies.

In terms of amenities, you should select an apartment located in a building with a swimming pool, gym, sauna, terrace, court etc. You will enjoy the opportunity to exercise without ever having to leave your home.

Make Visits

Seeing an apartment in the flesh is essential. Once you have created your list of potential luxury apartments, call the agent as soon as possible. Good properties disappear quickly, so be ready to visit soon. Sometimes an apartment that looks great on paper, is a huge disappointment in reality. The finishes can wear, and the building maintenance may be underwhelming. When visiting, you may find the premises less impressive than advertised. Never limit your search for luxury apartments to online tours; there is still no substitute for an in-person visit of an apartment.

Do Your Research

Finding a luxury apartment that adheres to your personal preferences, requires thorough research. Once you have narrowed down your criteria, the next step is to start looking. Montreal is a city that contains many neighborhoods, and depending on your budget and needs, you can find the apartment of your dreams. For example moving to the west island may cost less than living downtown Montreal

If you want to invest in a luxury apartment, choose your future rental properties carefully. Here are some tips on how to do this.

A property must meet certain conditions to qualify as luxury, prestige or exclusive. Four points must be taken into account. However, these aspects are left to the discretion of the real estate agent, with opinions likely to vary based on each client’s requirements.

1- Appropriate Location

To start, you need to choose the right location for your luxury apartment. If your apartment is inaccessible or located in an undesirable neighborhood, you may grow to dislike it over time.

For residential rentals, it is not mandatory to select the property upstream. However, the apartment must be easily accessible. At the very least, ensure that the environment of the asset in question corresponds to your needs. For instance, for a family, proximity to schools and businesses can be helpful. For young students, the surrounding bars and restaurants can be an advantage in choosing the right apartment. In all cases, be sure that public transit is easily accessible.

A wonderful view is often a key element that defines a luxury apartment. The rarity of apartments with spectacular views adds incredible value to the apartment, and makes it luxurious. Treat yourself to a special view of Montreal’s rooftops or a breathtaking view of the water. Such a view is the essence of a luxury apartment, lending it a sense of grandeur.

2-The Benefit of Avoiding Complicated Renovation Work

By choosing to live in a new house or a renovated luxury apartment, time-consuming renovations can be avoided.

It is becoming less popular to invest in real estate that has to be renovated, because “fixer-uppers” can be sinkholes. The work is likely to take longer than expected, and cost more than anticipated.

In addition, opting for a new property directly ensures the success of your investment, as you will spend less time and money getting set-up. A lack of renovation costs will result in substantial savings, when choosing your luxury apartment.

3-The Size and Architecture of the Apartment

Finally, do not choose your luxury apartments randomly. Compare offers not only by price, but also by size and style.

Your rent will vary depending on the size of your luxury apartment. In addition, you must also take into account the specific living area. If you don’t know how to use the square footage formula, you can ask a real estate agent for an estimate or Le Parc Apartments can help you.

A luxury apartment must be able to surprise you. Architecture that combines modernity and cutting-edge technology, facilitates your daily life. Turn off the lights with a simple finger motion or program the blinds to open at dawn. These features combined with a modern design, make these apartments a place for comfort and relaxation.

Luxury residences generally have a surface area of over 80 square meters, or approximately 900 square feet. However, this criterion only applies to apartment rentals. In addition, there are luxury studio apartments available, which are generally smaller.

4- Safety is the Most Important Factor

A luxury property ensures more security for its residents, thanks to a constant monitoring system. In high-rise residential areas, a multitude of technologies are available to ensure the optimal safety of residents, such as encryption, a badge reader, video surveillance, etc.

As such, you often get the best in terms of technology integration, and security systems installed. A luxury apartment should have an active monitoring system to maintain high safety standards. The building must be located in a peaceful and safe area, and must also be well-fenced. Make sure the apartment is equipped with the most modern technology. This will allow you to control access, temperature and security features from your phone. Don’t forget to inquire about details concerning maintenance, when looking for a luxury apartment. There should be an expert available to fulfill your new installations, repairs and maintenance needs, which will allow you to maintain your luxury standard of living at a reasonable rate.

Tips for Finding a Luxury Apartment

When choosing a luxury apartment, opt for one whose style and quality will appeal to you even after several years. Solid foundations, clean finishes, and excellent quality materials are essential. At the same time, make sure that the different elements are all well-adapted to the environment.

It is also advisable to choose an apartment that can be easily modified to your liking. As for the interior decor, everything depends on your preferences. You can choose a minimalist style, large bay windows, warm colors, and more. Consider choosing a property that has the space required to occasionally host a few friends or colleagues. Also make sure the property is adequately equipped if you have an elderly or disabled relative.

What to Keep in Mind before Choosing a Luxury Apartment

Inquiring about the local real estate market to avoid the risk of overpaying, is always recommended. It is also essential to verify the appearance and condition of the general parts of the building. When visiting the apartment, carefully check its overall condition; ensure all rooms are adequately lit, take note of the view and above all, remember to make sure that the electrical circuit, plumbing and gas, are in perfect working order. If you find that work needs to be done, do not commit to a price until you have received a quote from a qualified specialist.

A luxury apartment will enhance your daily life, therefore choose one that best suits you.

Choose from a Wide Selection of Luxury Properties

By calling on Le Parc Apartments, you are likely to find an apartment that contains your preferred specifications, within the heart of Montreal; apartments with the ideal qualities for the lifestyle you worked so hard to achieve.

Contact us

Do not hesitate to contact us to visit our luxury apartments, and make a solid choice. All your questions will be answered. We aim to deliver the best value for money per square meter.

What are you waiting for? Please contact us today to schedule an appointment.