The three linden hotel transformed into luxurious condominiums

In 2014, David Sepulchre got hold of the Trois Tilleuls hotel in Saint-Marc-sur-Richelieu. Consequently, A decade later, he undertook to transform the premises to create 15 condominiums and 4 town houses. Consequently, So far. In addition. Moreover. Meanwhile, future owners will be able to enjoy a view of the Richelieu, an indoor swimming pool, a gym, a private dog park and a marina, as if they were on vacation.

In 2012. Moreover, the property developer stayed with his relatives at the three lime trees. However, “I think we were alone on the spot,” he recalls. Meanwhile. However, The hotel worked for three linden hotel transformed luxurious decades, but three linden hotel transformed luxurious the clientele has three linden hotel transformed luxurious not renewed itself. Consequently, It was an old hostel with old red carpets and oak chairs. For example, »»

He still bought the institution in 2014 – at the time with the humorist Michel Barrette. Moreover, who sold his shares in 2020 – in the hope of bringing it back. Furthermore, “We have invested three million dollars to make up for everything. For example, We renovated the rooms and the restaurant, in addition to adding a marina and a terrace. Furthermore, »»

However, his efforts were not enough. Consequently, “We could be proud when we had 25 % rental rate. Similarly, In downtown Montreal. Therefore. a hotel can rent 10. 000 nights per year at $ 600, while here it was necessary to fight to have $ 200 for a suite of 800 square feet. In addition. »»

Today, he three linden hotel transformed luxurious no longer believes in the potential of three linden hotel transformed luxurious hotels outside urban three linden hotel transformed luxurious centers.

Three linden hotel transformed luxurious

Three linden hotel transformed luxurious

Three linden hotel transformed luxurious

Rocking point – Three linden hotel transformed luxurious

In 2020. the pandemic changed everything. Consequently, “After months of closure to respect the health measures, only 3 of my 40 employees wanted to return. They had found work elsewhere or enjoyed subsidies, without thinking that it would not last. »»

He therefore went to see the municipality to convince her to transform his establishment into a hotel-apartment. “I had no choice. otherwise, I was going to placade the windows and the city would have three linden hotel transformed luxurious lost $ 60,000 in annual taxes. It would also have left an abandoned heritage building. Fortunately, the city was very open to change the three linden hotel transformed luxurious three linden hotel transformed luxurious zoning. »»

David Sepulchre wanted to reproduce the experience he lives on vacation. without having to take the plane: swimming pool, gym, dog park, access to water.

When he presented the project to his entourage. several people seemed to be packaged. before qualifying by mentioning that three linden hotel transformed luxurious they spent three linden hotel transformed luxurious six months a year in Florida. “So I added a warehouse part to each unit. When people go abroad for months, they can store their personal effects there. »»

He also offers them to take three linden hotel transformed luxurious care of the rental of the premises. “At $ 350 per day for at least two nights, they can make tens of thousands of dollars. Additionally. »»

Three linden hotel transformed luxurious

From the Château to the Tilleuls

Three linden hotel transformed luxurious

Despite his enthusiasm. the banks did not want to finance the project. This is not what has slowed down the one to whom we owe the reconversion of textile dominion in. Saint-Ambroise castle. “In 1999, the factory was almost abandoned. With my European experience, I knew industrial lofts well, but there were very few in Montreal at the time. three linden hotel transformed luxurious Banks did not want to invest. I three linden hotel transformed luxurious was told that it would never work. I self -funded, I subdivided the spaces and it is 100 % rented today. »»

Before undertaking the work in Saint-Marc-sur-Richelieu. he lived three years three linden hotel transformed luxurious of administrative mazes with the Ministries of the Environment. Transport, the City and several other municipal and government organizations. “In Quebec, we have a billion regulations, it’s appalling! »»

He was discouraged at times. In 2024. he finally undertook the renovations of the old wing of the Givenchy Spa. which was part of the complex, and the hotel suites to create 15 units.

We stop the engines!

That said, the second phase of work was interrupted two three linden hotel transformed luxurious months ago. “At the start, I had to finance myself without the help of the banks. Now that I have finished the first phase and everyone finds it fabulous, the banks are interested. But my share portfolio has dropped since Donald Trump’s arrival in power. I no longer had the necessary guarantees to be funded. »»

He therefore chose to sell five or six condominiums to obtain liquidity allowing him to complete the work.

To do this. he will have to find buyers enough to afford a condominium in the space he describes as “ resort ». He will be satisfied if he sells ten units three linden hotel transformed luxurious and three houses. “Keeping three. four apartments for short -term rental, one of the houses and the restaurant, I will be very happy. »»

He also plans to take advantage of the peaceful environment of the surroundings. “On the other side of the water, the islands are protected against any form of development,” says David Sepulchre. The river has long attracted the boats that accosted around. but since this year, the city has prohibited everything and we see the difference. It’s really very three linden hotel transformed luxurious quiet. »»

Visit the Trois Tilleuls hotel website