Engel & Völkers
opens in Montreal
Luxury real estate: Engel & Völkers’
noteworthy arrival in Montreal
On June 17th, Engel & Völkers, an international real estate firm specialized in the sale and rental of luxury property, officially launched the opening of their new Montreal offices in collaboration with two Québécois associates, Patrice Groleau and Debby Doktorczyk, owners of McGill Real Estate.
On the occasion of a red carpet evening at the Laurea restaurant, attended by 500 distinguished guests, Engel & Völkers announced its intention to expand. To meet fast-growing international demand, accompanied by its new partner, it plans to open three offices in the metropolitan area over the next twelve months, including one in Westmount. “The E&V group arrived in Canada, opening offices in Ontario and Alberta at the end of 2014 with an ambitious plan for expansion. Sales are growing rapidly, and now, more than ever, we are ready to meet the demand in Montreal,” explained McGill Real Estate owner, Debbie Doktorczyk, who is spearheading the opening of E&V’s first office in the metropolis.
There is still no price floor set for registrations with Engel & Völkers’ Montreal portfolio, however, they will be maintaining high-level aesthetic standards.
“Engel & Völkers’ reputation as a provider of premium offerings and unique services is well-regarded internationally, so it is critical that our first partnership in Montreal aligns with a team who shares the same philosophy for exceptional client service,” said Anthony Hitt, CEO of Engel & Völkers North America. “McGill’s reputation for providing top-tier service in the Montreal marketplace is unmatched, and we are confident that the team’s knowledge and expertise will combine seamlessly with our global network to elevate the area’s comprehensive real estate needs.” The shop will bring a new level of real estate experience to Montreal buyers and sellers and further solidify the firm’s presence in the North American marketplace.
Montreal was named second in the Economist Intelligence Unit’s list of Best Places to Live in 2015 and is one of only three cities to be named a City of Design by UNESCO. Montreal is also consistently ranked highly as an international convention destination and as a location for university students.
“Montreal is the Paris of North America,” explained Doktorczyk. “The city has a legacy of interesting architecture and a bilingual culture and is a major hub of modern commerce and industry. It offers a variety of new housing, a diverse population and a vibrant nightlife,” she added, “Many Europeans are flocking to Montreal, a new, dynamic place to live.”
To consult Engel & Völkers registrations, go to evcanada.com
To see photos and videos from the evening launch, go to the Engel & Völkers Facebook page.
Images: courtesy of Engel & Völkers
ABOUT ENGEL & VÖLKERS
Engel & Völkers, a German firm founded in 1977, is an international leader in the sale and rental of high-end luxury residential properties. The company operates in 39 countries on 5 continents and has a team of nearly 6,000 experts serving its institutional and private client-base. To meet client demand, Engel & Völkers also has a yachting and private jet sales division.
ABOUT McGILL REAL ESTATE
McGill Real Estate is a brokerage agency specialized in the sale and marketing of new condo real estate developments in Montreal and boasts a portfolio of over 5,000 condominiums. Debby Doktorczyk and Patrice Groleau, founders of McGill Real Estate, work in close collaboration with the city’s major real estate projects. They rely on an extensive team of professionals and a powerful network of international contacts after having forged a strong reputation over the last decade. McGill Real Estate is a partner in the 175 Metcalfe condominium project in Westmount.
For more information:
Some Montreal luxury real estate statistics
Montreal Centre (includes Outremont, Westmount, Mont-Royal, Hampstead, Montreal-West)
• $1,095,000 – median price of single family homes
• 3 % increase in value in the past year
• 429 sales in the past year
• 35 % increase in the past 5 years
• 12 % increase in sales in the past year
• 131 days — average length of time on the market
Source: FCIQ — first trimester 2015.