Launch of Phase II of Monkland sur le parc

The launch of Phase II of Monkland sur le parc is under way. The project stems from nearly 20 years of effort to save Benny Farm for affordable housing. A group of NDG community activists, including Arnold Bennett, long-time head of the Housing Hotline, and Jason Hughes, who manages Coop la Maison verte, has been the underlying force behind this initiative. Les Habitations communautaires NDG, in collaboration with the Société d’habitation et de développement de Montréal (SHDM*), offered undivided co-ownership units for sale in Phase II of the Monkland sur le parc housing project, in the heart of NDG. The project includes 30 new two, three and four bedroom units, available for immediate occupancy for prices starting at $135,000.

Phase I of the project turned out to be extremely popular, proving that this type of project corresponds perfectly to Montrealers’ specific housing needs. Because HCNDG** is a non-profit, their goal is not to make money from such an initiative. As a result, no profit for HCNDG* translates to lower prices for purchasers. Individuals and families can take advantage of municipal subsidies within the initiative, again, allowing for lower housing costs overall.

The Affordable Home Ownership Initiative (AHOI) provides families relief from the cycle of dependence on an unstable and increasingly expensive rental housing market. It offers opportunities for home ownership for those who are unable to afford the current NDG market prices. It will also maintain these units as affordable for future generations and continue to work in partnership with residents and community groups to improve the quality of life within our neighborhoods.

Monkland sur le parc is an innovative project located near Monkland Village and just a few steps from Benny Park. In Phase II, two-bedroom, three and four-bedroom units are available for immediate occupancy, in the heart of a newly redeveloped community in NDG - on major bus routes, close to schools, parks, recreational facilities and shopping (Sherbrooke Street and Monkland Village).

Pricing is highly competitive at an estimated 17% below market.

The sales office is located at 3877, boulevard Cavendish, apartment #2. Visits are arranged by appointment by calling (514) 482-7208.

With the completion of Phase I, Phase II is well under way and is being met with great interest. We continue to look forward to seeing similar initiatives in the future.

 

* SHDM: Société d'habitation et de développement de Montréal, a municipal housing and development corporation

** HCNDG: Habitations communautaires NDG, a community-run non-profit corporation

 


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