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Projects 21 Sep 2016

Two new accredited Accès Condos projects in Pierrefonds-Roxboro and Mercier–Hochelaga-Maisonneuve

The Accès Condos team is proud to announce the accreditation of two new projects in the Pierrefonds-Roxboro and Mercier-Hochelaga-Maisonneuve’s boroughs. Please don’t rush to your phone as our sales offices are not yet opened! To be sure to be informed when they do open, please subscribe to our newsletter.

“The SHDM has been helping Montrealers become homeowners for ten years through the Accès Condos program, which helps households purchase homes without relying on any public funds or subsidies” underlines SHDM general manager Nancy Shoiry. “We are launching these two residential projects and pursuing development plans for other projects that are on the table for 2017 and 2018, while staying the course with innovative measures designed to meet community needs.”

A project for families in Pierrefonds-Roxboro
Accès Condos’s first-ever project in the Pierrefonds-Roxboro borough is located at 10438 boulevard Gouin Ouest and 3e Avenue. The project comprises 26 units, 19 of which will have three bedrooms. This family-oriented project will help meet the needs of an area where 19% of the population is 14 years old or under, compared to an average of 15% for the city as a whole. The sales office is scheduled to open in November 2016, with construction slated for completion in fall 2017.

The phases 5 and 6 of Faubourg Contrecœur
Phases 5 and 6, the final phases of the Accès Condos development at Faubourg Contrecœur, are due to come on stream between 2016 and 2018. Located respectively on the north and south sides of rue Myra-Cree, the two buildings, one with 6 stories and the other with 7, will house up to 170 units, at least 25% of which will have three bedrooms. The project reflects the neighbourhood’s family-oriented demographic profile, which has grown more pronounced since the opening of Parc Carlos d’Alcantara and the announcement of a new commercial hub at Sherbrooke and de Contrecœur. The sales office for phase 5 should open in early 2017, with work slated for completion by spring 2018.

The Accès Condos program: ten years of success
The Accés-Condo program introduced in 2005 by SHDM has proved its effectiveness! More than 3,600 affordable quality units have been certified in some 10 boroughs through agreements with developers. That corresponds to more than 3,600 Montréal households that have taken advantage of our financial tool to acquire their own homes. This innovative formula encourages homeownership through a 10% purchase credit for home buyers. It also gives families space to grow, since 30% of certified units have three bedrooms or more.

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