| CENTRE D'AFFAIRES DES GALERIES cdg |
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SUMMARY
CENTRE D`AFFAIRES DES GALERIES is located in the heart of the Quebec city metropolitan area with direct access
to the major east-west freeway (autoroute de la Capitale) as well as the central north-south freeways and boulevards.
The office park offers basic condominium modules of 430 square feet including common space that can be combined
in multiples to a maximum of 6,800 square feet on one floor.
The three floor buildings include:
- the latest telecommunication technologies
- steel structure
- steel cased cement floors and stairways
- brick, concrete, tinted insulating glass exterior
- soundproofing
- fire sprinklers, security systems
- air conditioning and ventilation
- elevators
- 2.7 meters from floor to suspended acoustical ceilings
- over abundant parking space
- well appointed green area and park
The 10-building development is in a business district with a vacancy rate that has fluctuated between 7% and 3%
(substantially and consistently the lowest vacancy rate in the Québec Metro Office Market). The larger office complexes
that predominate on the north perimeter (Lebourgneuf boulevard) and on the west perimeter (des Galeries boulevard)
comprise the most important office development with direct access to major freeways in the metro area.
Within a 3 minute walking distance we find the second most important shopping center in the metro area (Galeries de la
Capitale), five major banks and one Caisse Populaire commercial center, in excess of twenty insurance companies and
financial services, a myriad of corporate and professional offices as well as one of the most important residential
developments in the metro area undertaken by the City of Quebec.
A basic module will be sold at approximately $40,000. which could be financed entirely given adequate guarantees
equivalent to a 25% to 30% down payment. The reimbursement of capital and interest of this financed purchase could
be scheduled at approximately $300. per month of which $100. capitalized at the very first month and $150. per month
capitalized in the fourth year given a payment schedule every two weeks.
The condo fees, reserves, city taxes, insurance, heat and utility services maintenance, parking, refuse & snow removal
and green area upkeep, common costs are approximately $200. per month for the basic module.
Business taxes, telephone and telecommunication, supplies, office services, etc. can be budgeted at $100. per month or
more depending on the requirements.
The sum of the above including the total capital and interest payment is less than the current rental rate in the immediate
business district and is no higher than the general rate, all quality categories combined for the metropolitan area.
Each building will have an owners' association with an office on the first level set aside for reception, administration,
office services, meetings and telecommunications facilities.
Each floor in any of the buildings provides for elevator and rest rooms, as well as maintenance area. Each upper level
provides for a common kitchen facility.
All buildings are to exclude any conventional retail and restaurant activity given the proximity of the shopping center area
and direct access to various restaurants and commercial services.
Rentals of the modules on behalf of the owners will be exclusively managed by the owners association of each building.
Each owners association will be member to a major executive suites association as well as subsidiary networks.
Telecommunications and facilities specifications are previewed within conformity of international standards.
The investment quality of the purchase is prioritized over and above any other consideration given the flexibility and
location offered to its owner.
CENTRE D`AFFAIRES DES GALERIES is located in the heart of the Quebec city metropolitan area with direct access
to the major east-west freeway (autoroute de la Capitale) as well as the central north-south freeways and boulevards.
The office park offers basic condominium modules of 430 square feet including common space that can be combined
in multiples to a maximum of 6,800 square feet on one floor.
The three floor buildings include:
- the latest telecommunication technologies
- steel structure
- steel cased cement floors and stairways
- brick, concrete, tinted insulating glass exterior
- soundproofing
- fire sprinklers, security systems
- air conditioning and ventilation
- elevators
- 2.7 meters from floor to suspended acoustical ceilings
- over abundant parking space
- well appointed green area and park
The 10-building development is in a business district with a vacancy rate that has fluctuated between 7% and 3%
(substantially and consistently the lowest vacancy rate in the Québec Metro Office Market). The larger office complexes
that predominate on the north perimeter (Lebourgneuf boulevard) and on the west perimeter (des Galeries boulevard)
comprise the most important office development with direct access to major freeways in the metro area.
Within a 3 minute walking distance we find the second most important shopping center in the metro area (Galeries de la
Capitale), five major banks and one Caisse Populaire commercial center, in excess of twenty insurance companies and
financial services, a myriad of corporate and professional offices as well as one of the most important residential
developments in the metro area undertaken by the City of Quebec.
A basic module will be sold at approximately $40,000. which could be financed entirely given adequate guarantees
equivalent to a 25% to 30% down payment. The reimbursement of capital and interest of this financed purchase could
be scheduled at approximately $300. per month of which $100. capitalized at the very first month and $150. per month
capitalized in the fourth year given a payment schedule every two weeks.
The condo fees, reserves, city taxes, insurance, heat and utility services maintenance, parking, refuse & snow removal
and green area upkeep, common costs are approximately $200. per month for the basic module.
Business taxes, telephone and telecommunication, supplies, office services, etc. can be budgeted at $100. per month or
more depending on the requirements.
The sum of the above including the total capital and interest payment is less than the current rental rate in the immediate
business district and is no higher than the general rate, all quality categories combined for the metropolitan area.
Each building will have an owners' association with an office on the first level set aside for reception, administration,
office services, meetings and telecommunications facilities.
Each floor in any of the buildings provides for elevator and rest rooms, as well as maintenance area. Each upper level
provides for a common kitchen facility.
All buildings are to exclude any conventional retail and restaurant activity given the proximity of the shopping center area
and direct access to various restaurants and commercial services.
Rentals of the modules on behalf of the owners will be exclusively managed by the owners association of each building.
Each owners association will be member to a major executive suites association as well as subsidiary networks.
Telecommunications and facilities specifications are previewed within conformity of international standards.
The investment quality of the purchase is prioritized over and above any other consideration given the flexibility and
location offered to its owner.