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Projects 13 Sep 2012
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Launching of Le MN2 residential project

Le MN2, an Accès Condos residential project, was launched in the presence of Mayor Gilles Deguire and citizens of Montréal-Nord

Today, the Société d’habitation et de développement de Montréal (SHDM) marked the launch of Le MN2 project, the second phase of the largest residential development in Montréal-Nord in the past 20 years. For the occasion, the SHDM held a civic meeting that took the form of a cocktail with the residents of Montréal-Nord and the partners in Le MN project.

The SHDM welcomed the mayor of the Montréal-Nord borough, Mr. Gilles Deguire who, as member of the executive committee responsible for housing and social housing issues in the Ville de Montréal, opened a dialogue with area residents and shared his vision for the future of the neighborhood and his plans with respect the celebrations for the centennial of the borough in 2015. Mr. Deguire hopes that this vision will be a collective one, so that Montréal-Nord can enrich its growth and develop its full potential.

”Le MN2 project, located at the gateway to the eastern sector of Montréal-Nord is a synthesis of the elements that contribute both to the quality of neighborhood life as and to urban vitality. It plays an important role in the renewal of the community and is a part of a major revitalization project to be implemented between now and the celebrations of the borough’s centennial in 2015,” said Gilles Deguire.

Le MN2 in short
This 64-unit residential complex, located at the intersection of Langelier and Maurice Duplessis boulevards, is the initiative of the developer-contractor Groupe Dargis. The new building will have contemporary architecture with six floors and an elevator, and will offer stunning views of the city and the Rivière des Prairies. With its concrete structure and durable construction according to Novoclimat certification criteria, it will offer excellent soundproofing and energy efficiency. The units, which will be arranged on one or two levels, will be distributed as follows: 19 one-bedroom units, 33 two-bedroom units, and 12 three-bedroom units. The 44 indoor parking spaces will be offered as an option. The units will offer carefully designed features including exposed concrete ceilings and stairs, ergonomic kitchens with granite work surfaces and large European-style showers. The units will be equipped with air conditioning, all included in the price. In addition, a communal garden and green spaces, which will serve to create transitions with the surrounding buildings, will be constructed at the rear of the project.

“The project’s exceptional quality really stands out in the condo market,” says Johanne Mallette, director of development of the Société d’habitation et de développement de Montréal. “You cannot help but be proud to be a pioneer in the revitalization of the neighborhood and the community,” she said to the first buyers in the project who were gathered at the meeting. “The Montréal-Nord sector is a most interesting target for the SHDM, which intends to build on its momentum with future residential development projects in the area within the framework of the Access Condos program,” she added.

Close to major area attractions
Le MN2 is located near a variety of services, starting with the Marie-Victorin Sports Complex, the Maison culturelle et communautaire and the Henri-Bourassa arena and pool. This is in addition to primary and secondary schools and the Marie-Victorin CEGEP. Furthermore, Henri-Bourassa and Langelier metro stations, as well as Highways 25 and 40, are easily accessible. For nature lovers, one of the most beautiful bike paths in Montréal is five minutes away from the project. The path runs along the Rivière des Prairies and connects with two of the Ville de Montréal’s large nature parks, Ruisseau-de-Montigny and Île-de-la-Visitation.

About the Accès Condos Program
The Accès Condos program (accescondos.org) is geared towards facilitating property ownership in Montréal and contributes to the revitalization of sites with great development potential. The popularity of the program stems from the 10% purchase credit provided by the SHDM. Considered and counted as a down payment, the credit allows buyers to reduce their minimum contribution to only $1,000 and substantially decrease the amount of their mortgage. Since the Accès Condos program began in 2005, the SHDM has signed 25 agreements with 17 developers and allowed more than 3,000 households to become home owners on the Island of Montreal.

About the Société d’habitation et de développement de Montréal (SHDM)
The SHDM (www.shdm.org) contributes to developing land and increasing the Ville de Montréal’s property wealth through structuring real estate development projects. The SHDM is a key partner of the Ville de Montréal in implementing its policies and achieving its objectives. In addition to managing the Accès Condos program, the SHDM owns more than 4,700 affordable housing units and 309 units in about 15 rooming houses. It also operates seven commercial buildings.

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