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The Gazette from Montreal, Quebec, Canada • 6

Publication:
The Gazettei
Location:
Montreal, Quebec, Canada
Issue Date:
Page:
6
Extracted Article Text (OCR)

Till (3AZKTTH, TUESDAY, MARCH 14, 1911. IRcal Estate IReal Estate 1 IMPORTANT TO MERCHANTS, MANUFACTURERS AND CAPITALISTS BIG ADYANCES IN UPTOWN REALTY St. Catherine St. Sales Show Some Remarkable Increases in Value. MAIS0WWEUVE ALE A UCTIO -IS TREBLED IN SOME CASES.

The Home of The Factory 'Twill pay you to investigate this busy place. Write M. G. ECREMENT.Sec.Treas. of Mnisonneuve Profits Ranging Up to Havo Been Cleared in Short Period.

OF ONE OF THE MOST SPACIOUS CENTRAL SITES IN THE CITT 25-27-29-31 WILLIAM STREET with light on four sides William Street, St. Henry Street, Richard Lane and wide rear lane. Unsurpassed for any extensive business purposes. Land, 71x113.8; area, 8,100 square feet. flats, with about 8,000 square feet per floor.

Sale at our office 13 BEAVER HALL HILL. WEDNESDAY, 15th MARCH, at 10.30 a.m. the bank for $154,000, and the story that hu cleared fifty thousand dollaii. by the dcul, In 1903 Mr. Robert Hall fold to the City and District Havings Bunk a property at the northeast corner of -Mo Gill College for $96,615, or $lu a foot.

The property at the northwest cor-nor of Munstleld and St. Cutherlne was purchased about twelve yean ago for about $40,000. It is suld the sume property could have been sold recently for $200,000, or five times the amount of the price paid twelve years ego. The lion. George A.

Cox paid for the property at the southeast corner of Peel and St. Catherine and sold It in 1910 to J. A. Jacobs for $578,0811, which Is at the rate of thirty dollars a foot, and this same property was bought by the Carrlck people for $674,915, or $36 a foot. The northwest corner, where Bry-son's drug store Is.

was purchased by Sir O'orge A. Drummond for $216,000, or eighteen dollars per and this corner la now estimated to be worth at least $40 a foot. The property now occupied by the Molsons Bank and the Hollands, and Including the Stanley apartments, was bought by a Mrs. Duryca. of New Yoik, In 1S3.

for the sum of $70,000. Tills lady sold to the dlfferunt parties at a profit said to have been $150,000. The lot now occupied by the Undss-r building was purchased from Mr. John Wlthell for $58,000. or at the rate of ten dollars and a half per foot In March, 1908, the Royal Bunk bought a site at the corner of Stanley from Thomas Mo Arthui at $17.40 per tool, ur hi all.

and on the opposite corner Mr. Wlthell also bought another large block for tUlU.OOO. He sold part of this lot to lyton Brothers for $91,000 and another to the Taylor estate for $53,000, and has two lots left, so this deal Is evidently to rl.at Mr. Withtll a good ileal over a hundred thousand dollars. Mr.

Jas. Reld Wilson also made a fine purchase when he came Into possession of the Knimamiel Church at the cornel nt Stanley In 1M6, the price paid ha4ng bwn $160,000, or ten dollars a He sold the same corner In 1909 tt a profit of exactly Amongtt the big tiansrers on St Cathwln tlreet was he Ogllvie purchase from the Prevott estate, which took place lu January, 1909, for or $6.50 a foot, which, appears very low at the present time. The northeast corner of Creixu nt and St. Catherine was purchase In 1909 by Alderman Robinson from 'he Estate J. Ar-ohlbild for $110 004.

or seventeen dollars a foot, and the vUie 0f this corner has probably 'ncrased forty per FOR OEEET! ONE STORE LEFT arwSLSSff "'fh: NOTICE TO CONTRACTORS THE LAND WILL BE SOLD SEPARATELY by the square foot, after which the BUILDING MATERIAL, stone, brick, timber, hoists and heating plant will be sold in one lot, en bloc. The sale of this land offers a splendid legitimate speculation, as, among other great improvements, the NEW CUSTOM HOUSE AND EXAMINING WAREHOUSE will be erected on the. block bought by the Government two years ago. feet at $6 per foot, fronting on You-villc Square, McGill and Normand streets. The erection of this magnificient building will give an immense impetus to values in this vicinity.

On Saturday the deed was passed before Mr. II. M. Marler, N.P., of the property, SI to 29 Wellington street, corner King, for $29,000 cash, or "about per foot, to The McClary Mfg. Mr.

John C. Newman, manager. We sold it for Mrs. J. P.

Major. A fine modern warehouse will be built at once. Splendid offices for business purposes. Ly Suites ot offices, subdivided having in I A view the requirements of Dentists, LU Doctors and Professional men. 0 Lonial lljrdfe (d).

ShowRooms, Sample Rooms and space for Manufacturers' Agents, Dressmakers, Colleges, etc. Space large and small for rent (ready aboijrt April 1st.) Hydraulic Passenger and Freight Fireproofing Construction. Sprinkler risk. Excellent light and ventilation. Modern appointments, etc.

Why pay rent in an old building, or in a locality which is not central to trade and population. (Ready About April 1st) A.L.PACAUb KING'S HALL BUILDING (Reconsftrutting) 591 St. Catherine St. West Telephone Up. 1462 Tel.

Main 2669 at least lir purchase was made. In February, 1909, Mr. F. M. 1 Southam bought ''000 square feet of property at the inrtheast corner "of Guy for $225,000, -r u.2o a foot, and here, too, the In values has also been very tntrkad during the past year.

On Wednesday, March 29 We will hold the Most Important Real Estate Auction Sale Ever Held In Canada The Laprairio Brick Limited Ar. now booklni orders for their Famous Shale lam-ito Raft'd ffuatc Rag'd Reman Rmd Premned-Buff Pat'd'lO-OMMfl. We have received positive Instructions from THE REALTY MARKET. St. James St.

Property Bought Recently for $110,000, Sold for "$1 and Consider- ations." In 54 realty transfers registered Saturday In Montreal the largest transaction in stated sum was the sale or a block of flats at the corner of Visitation and Beaudry streets for $29,000. Tlie business, however, included a transfer of the St. James street property, occupied by the Seml-ready store, bought -about a month ago by Mr. P. J.

Truaiseh, for 000. i lt Is now: taken over under ths statement of the nominal sum of "Jl and other considerations," by Mr. P. E. McKenna.

The principal transfers of the two days follow: J. E. Tremblay has sold to Herbert M. Levlno and others lots 23-420 and 421 in Hochelaga Ward, with buildings at the northeast corner of Chambly and St. Catherine streets, the emplacement measuring 50 110, for $24,000.

Sprtn. Dlvr Offlcs and Salesroom, 25 Board of Trade Bldg. Phon.M. 329 Mntr.al Shearer, Brown Wills, Limited to sell by Auction their A I Entire Real Estate holdings in St. Ann's Ward, including land containinff an erea of about 359,000 sq.

buildings and water power. H. Jackson lot 208 In St. Jean Bap-tlste ward, with building at the corner of Mount Royal and Colonial avenues, for $7,200. George W.

Godbody lias sold to Mrs. James W. Anderson part of lots 33-178-1-2 and 33-180-2 in Outremont, with the building 365 do l'Epee for $6,600. The emplacement measures 28 80. Hermengilde Aubertln has sold to John to.

Taylor lots and 823 in Malsonneuve, with building on Fifth for $4,750. Herbert LeGrand has sold to Mrs. Louis D. MIgnault the northwest part of lot 32-4-8 In Outremont, with the dwellings 2332 and 2334 Hutchison street, for $6,250. Thos.

Collins has sold to G. A. Mc-Call i lot 1654-69, St. Andrews ward, with the residency No. 20 Chomedy street, for $1, with other considerations.

Mrs. Armand Charette has sold to Orliff J. Miller lot 244 Cote Visitation cadastre, with the flats 1202 to 1206 Des Erablea street, for $5,000. Joshua Lutterman and others have Bold to Jacob S. Budio part of lots 987 and 988 in St.

Louis ward, with buildings on St. Dominique street, for The emplacement measures 42 65. Napoleon Paquln has sold to E. Ba-chand the northwest half of lot 12-16-8, St. Louis cadastre, with a building of two tenements oh Mance $5,150.

Chas. Blanchard has sold to Aug. Messier lot 807 and part of 813 in St. Mary's ward, with residence on Pies-sis street, for $6,600. R.

A. Kydd and W. E. Bolton have sold to Edward A. Cardinal and Jos.

Lareau lot 3077 in St. Ann's ward, with building, for $4,000. The Marlin Apartments jCorndr'-- Dorchester and Mackay F. J. Truaiseh has sold to F.

B. McKenna part of lot No. 185 in West Ward, with the building No. 237 St. James street, for Jl and other considerations.

The emplacement measures 27 127, it Is evident by figures quoted In the following that the ratio of Increase In values has been quite as considerable along St. Catherine street from say Amherst street In the east to Guy street In the wen as that chronicled weeks ago when those ol St. James street 'were under review. In the estate P. B.

Murphy sold to L. Payette the southwest corner of Amherst and St. Catherine lor (11.50 a foot and this property was sold quite recently for tlSlMMW. or J18.50 per foot. Another advance is found in the property at the northeast corner of St.

Catherine and St. Timothy, which wag sold in May, 19oi, for $11 a foot; the purchasers, Cuddy and Brodeur, Belling the same at $18 a -square foot. There has also been a good deal of anlmatlun In real estate In that section from St. Denis to St. Lawrence Jjoulevard duivng the past few years.

In 1900 Oeorge AV. Cook sold to L. O. Grot he 3,740 square feet of property at the corner of St. Catherine and Cadleux for $38,000, or at the rate of $10.75 per foot.

Although this wad considered at the time a first rato sale, Mr. Grothe sold the property a year ago for $66,000, or at the rate of $17.50 a square foot. In May, 190S, Mr. Emery Lavlgne sold to La Patrle the property at the corner of City Hall avenue and St. Catherine street, amounting to 4.100 square feet, for seven dollars and a half per foot, or the sum of $31,000.

While the Messrs. Tarte were offered several. thousand dollars on their bargain at the time of the purchase, the site 13 now worth probably times the purchase price. The Hon. T.

Berthiaume wan' also a purchaser at the southwest corner of St. Catherine and Cadleux in 190S. paying seven dollars per foot for feet, or about $33,000, selling the same two years later for $46,000, or ten dollars per foot. The old Union St. Joseph Hall, at the corner of St.

Elizabeth, was purchased In 1909 for $05,000, and Mr. Constanti-neau sold the same property later off at $14 a toot, or a total or $78,000, making thirteen thousand dollars on the transaction. In December, 1906, the northwest rorner of City Hall avenue was sold by the Saunders estate to Monster Le-elair for a good sum, but the value of the property was so enhanced by July, 1909, that the sum secured by the sale was $45,000, or $28 a foot, and Mrs. Grothe sold another small strip adjoining the Theatre Francais in August, 1909, for $24,000, or $16.50 a square foot. BLEURY CORNERS VALUABLE.

There was also a smart increase in values between St. Lawrence and St. Alexander streets. In 1900 Mr. John Allan bought the nortnwest corner of Bleury for $11,750, or at the rate of $14 a loot, and the wiseacres of the timo came forward with the opinion that Mr.

Allan had gone out of his sensrs. Today real estate men say it la a question if fifty dollars a foot would luy this same property. On the same elde Mr. Allan bought from the Frank Hart estate 1,680 feet for or $22 a foot, and other propertywalongEJde for $45,000, or $25.75 a foot Having now possessed himself of 11,500 square i feet at or near the corner of Bleury and St. Catherine, It is said Mr.

John Allan would not take less than $350,000 for the whole, or ht the rate of $30 per foot. In 1907 Alderman Jas. Robinson pur- chased from the reverend ladies of the Sacred Heart what is now known as tne Nickel Theatre for $132,500, ud it is understood that- today Mr. Robinson would not part Xth this property for a sum less than half a million dollars. Then there is another evidence of the very great rise in property around the corner of Bleury when it is remembered that the Blu-menthal property, where the Dominion Bank now stands, was bought for $100,000, or at about $6.30 a square foot.

Another good purchase was the Beau-dry block, by thfi Hon. N. Perodeau, for $150,000, or at the wonderfully low rate of three dollars a foot. The block Is worth today probably a quarter of a million or $100,000 more than the purchase price four or five years ago. In 1909 Mr.

H. S. Holt purchased from the Brewster estate the southwest corner of Bleury, Including the St. Edward street lot, for the quantity being 12,600 feet at $15 per foot, and there is a well-authenticated report that an offer of twenty-five dollars per foot was refused, not very long since. In December, 1908.

Mr. J. A. Jacobs bought from Robert Reld 18,800 feet at the corner of St. Alexander and St.

Catherine street for $160,000, or $8.50 per foot, and In June, the following year, the same purchaser took over the St. Gabriel Presbyterian Church for $85,000. The price refused the other flay for the St. James Methodist Church Indicates very eloquently the present value of the Jacobs' site. There' are 85,000 square feet in the St.

James Church property and they value the front at about thirty dollars per foot. The First Baptist Church was sold In 1906, for $85,000, to the Bennett Theatre Syndicate, while the adjoining property brought $2.50 per foot more, or ten dollars per square foot. There has likewise been a very great Increase In the property bought by Mr. Mark Workman, and known as the Orkney "There were 87,863 square feet In this property, and Mr. Workman bought It at the apparently Insignificant figure of $2.60 a foot, or $37,000 in all.

Along some yards further Mr. Jas. H. Maher purchased the Art Gallery in 1910 for $275,000, and the statement was made yesterday that a profit of $100,000 will be coming Mr. Maher's way one of these days.

CARSLET PROPERTY. A handsome turnover was also made In the Carsley property on St. Catherine street, although the figure has never been given heretofore. It Is understood that the Carsley firm paid the Ogllvie estate $700,000 for the block and resold It to the A. E.

Rae for $900,000. On the opposite corner Is the Merchants Bank building, which was built by Renouf, who bought the land front Vtlferta Thomas for $29,412 a 'oot. Idlr on Col. Renouf, after building on the property, sold out $75,000.00 $25,000.00 PRICE CASH Manufacturers and Speculators. Here Is Your Opportunity These properties, on account of their location, accessibility and shipping facilities by C.

P. G. T. and water, aro acknowledged to be the most valuable manufacturing sites on the Island of Montreal They Are Only 1 Miles from the Post Office as the crow files. These properties will be sold as follows: BLOCK 1.

Forms corner of St. Patrick and Island streets; lot 173.0" 100.0": area, 17.300 sq. ft. 1 BLOCK 2. Has a frontage of 150.0' on Lachine ('anal and St.

Patrick street by a depth of 278.0": area, about 41,700 sq. with a water power quivalent to 4 runs of stone. BLOCK 3. Has a frontage of 160.0" on Lachine Canal and 137.0""on St. Patrick street, by a depth of 278.0" on an open thoroughfare; area about 41,672 with the buildings, comprising a 4-storey brick factory shod, dry kilns, blacksmith shop, including electric and heating plants, sprinkler system, hangers, pulleys, engines and boilers.

Also a water power equivalent 4 runs of stone. BLOCK 4. Forms the northwest corner of St. Patrick end Seigneurs streets; lot, 55.0" about 120.0"; area about 6.431 sq. with a modern two-storey office building finished in Patrick Innes ha3 sold to W.

J. B. Evans lots 1112 to 1118 and 1213 in St. James Ward, with fiats at the corner of Visitation and Beaudry streets, for $29,000. F.

X. Roy has sold to P. Bilau-lenn lots 148-3085 to 3068 In Hochelaga Ward, with the flats 10 to 32 Brown street, for This property will yield 12 per cent, on the money invested. i The property is new and modern. BEAUDRY REALTY CO.

CREDIT FONCIER BUILDING Tels. Main 7557-1095. The estate Fisher has sold to John J. Ryan, part of lot 73 in' St. Lawrence Word, with the buildings on St.

Famine street, for $16,500. The emplacement measures 45.2 94. Alfred Denys has sold to Eugene Beaudoln lot 320 in St. Mary's ward, with the flats 259 to 263 Panet street, for $5,500. Ontario Medical Council.

it rnTf MnrMi 1 fl Ontario Medical BLOCK 5. BLOCK 6. Forms northeast corner of St. Patrick and Seigneurs streets; lot, 192.0" 117.9"; area about 22,604 sq. with Up-to-date stables and sheds for storing purposes.

Has a frontage of 295.0" on St. Patrick street, 377. 6" on Uhapav a rant li 1 L. .1 i i Mrs. Jacques Levert has gold to Mrs.

Philippe Sauvageau lot 328-603, St. Louis cadastre, with building on Mount Royal avenue, for $13,000. Alex. Laplante has sold to W. T.

Rodden part of lot 49, Polnte Ste. Claire parish, with buildings, for Council had to face a heavy blow from uiiu.w. uw.v xtnuaiuauu siieei. mm pro perty adjoins the Canada Sugar Refining Company, and has an area of 168,84 sq. with the sawmill, box shop, kiln and stables.

This Sale will be Conducted by MR. FITZ-JAMES E. BROWNE, President of our Firm and cordially invite you to attend, for it will demonstrate to you Jiis superiority, as it requires extraordinary knowledge ot values, and expert handling. The Auction Sale Will be Held On Wednesday, 29th March, at 11 A. M.

At 190 St James Street (FREEMAN'S NEW HOTEL BUILDING! P.S. If you are interested, write, call or telephone for Booklet giving plans, fermsand full particulars. LOT FOR SALE IN LAVAL PARK Beautiful lot on water front. 5c fare from Place Viger or Mile End stations. Easy terms.

T. CIRARD Tel. East 42 360 ST. CATHERINE STREET EAST TO OFFICES TO LET F. J.

Bisaillon hag sold to 3. A. Ba.rwick lots 31-18 and 19 in Outre-mont. for $10,747.50, The emplacement has an area of 7,150 square feet. Hyaclnthe Cote has sold to Joseph Cote lot 466 in St.

Lawrence Ward, with residence on St. George street, for $10,000. Hon. Treffle Berthiaume has sold to Francois X. Llsotte lots la-915 to 91a, Hoc-'agn Ward, with buildings erect-J thereon, for $12,000.

Mrs. Wilfrid Plcard has Bold to Joseph Duval lots 23-499 and 500 in Hochelaga Ward, with buildings 276 to 286 Nicolet street, for $7,600. The emplacement measures 46 121. Olivier Jasmin has sold to Albert T. Lucas the northwest part of lot 21.

Cote Visitation cadastre, with the tenements 1122 and 1124 Rachel street, for $7,200. Mrs. S. Ashton Phillips has sold to John Wlthell lots 374-1-29, 30 and 1 in Westmoupt, fronting on Sherbrooke street, and having an area of square feet, for $7,520, Eugene Cote has sold to J. Ar-mand Lambert part of lots and 653 in Laurler ward, with buildings on Waverly street, for $6,800.

J. A. IMcSh'ane and others sold to Edmund W. Clarke lots 3262 and 3263 in Verdun, with buildings, for $9,000. Eugene Themens has sold to Archie in York Chambers, No.

82 St. FACJORY SITES FARMS and PROPERTIES, tlso BUSINESS CHANGES And LOANS. A. VIAU CO. 21 St.

James St. Tel. M. 7279 Francois Xavler street. One on the youngest or meaicai journals ol Car ada, the oK lclal organ of the Can-ai'iao Medical Association, whose publication was determined on at the last nnual meeting.

"Its usefulness as at present constituted Is gone," Is a conclusion rfoohed by the editor, who proceeds to reorganize it in a thorough manner. directly at variance to the position taken by the oiJicr two medical journals, the bill of Toronto Unlvjsity, which would enable it to confer a license to practice independent of the council, is wholly upheld. The editor says in part as follows Whatever good It accomplished, and unquestionably it filled a place in medical history, its usefulness as at present constituted is gone, and it must undergo a complete reorganization. Times have changed, and when medical schools become parts of great universities, as in the case of Toronto and Queen's, the medical council, if it has been well advised, would have assumed a conciliatory attitude towards institutions which could have but one object in view, that of raisins standards and placing medical education on the highest level possibla. Instead of doing this, it went on its way, fondly believing that the universities were still to be suspected, and taking a position of superiority hat would not allow them to consult with those who alone were competent to decide what are really the great requirements of a first-class medical education.

The council has always claimed that its examinations are a really practical part of a student's knowledge, and yet such universities as McGill, Toronto, Queen's insist that many of their beat students fall, while notoriously weak ones pass. It could not be otherwise under the system of examination followed. "The cleavage between the university and the council has at last become clearly defined, and after years of patient suffering the University ot Toronto, a provincial institution, has turned; and, if rumor be correct, will endeavor to regain its right to license, and incidentally have the same right conferred on the other universities, )f they, keep up to the proper standard. No doubt this action was provoked by the action of the medical council ground rioor and one on first floor up. Apply to Estate G.

V. STEPHENS In ftttemptlfts to deprive Victoria. To. ronto and other medical faculties of representatives, "At all events, the council should be reorganized, Its numbers reduced by cutting oCf four homeopaths, and the representatives of Trlnrty, Victoria and the Royal College at Kingston. Indeed, it would be wise to reduce largely the number of representatives of the profession at large." The Night Eiders Trial.

Hopkinsville, March 13 Several witnesses at the trial today of Dr. David Amoss, charged with being leader of the Night Kiders, who raid 18 St. Alexis BtJoct JOKH HYDE AGENCY 304 Merchants Bank Chambers Two Commodious Offices In Central Location Two and four rooms, respectively. The larger is on ground floor and the smaller on first floor. The whole place is heated by hot water furnace.

Apply to a. gag no rj Room 35, 107 St. Jameo Street Opposite Placs d'Armes Square. A SNAP IN REAL ESTATE BLOCK OF SIX NEW HOUSES, ST. AMBROISB St.

Henri Ward. At present yielding over 10 per cent. For particulars, apply to BENJAMIN BURLAND Real Estate and Investments 303 Board of Trade Building, Montreal. Mala 3089. ed Hopkinsville four years ago, con- trad it-ted the testimony of Carl and OFFICES TO LET 33 St.

Catherine St. Eut, 2 door, from Theatre Franoala. For particulars apply D. Ouerln, 8d St. Catharin.

Kaat. Tbona East COM. Arthur Cooper, confessed Night Km-ers, who alleged that John Kelley, ono of Amoss' attorneys, and Van Alexander, a prominent Cadiz business man, were In the HopnikBVille raid. Escaped From County Jail. Houlton.

Maine, March 13. Over Johnson was awaiting the action of the Grand Jury at the April term of the court, on the charge of larceny. Sheriff Bryson started in pursuit. East Kent Conservatives. Dresden.

Mrch 13. At the annual meeting of the East Kent Conservative Association this afternoon, the following officers were re-elected: President, A. Carscallon, Dresden; vlre-prsident, O. R. Langford, Kentbrldge; secretary, Joseph Ripley, Dresden; treasurer, J.

B. Carscallen, Dresden. Phil. Bowyer. M.L..A.; D.

McKeon. Hlghgate, and J. S. Car-stairs, Toronto, wero the speakers. powering Turnkey Henry D.

Smart. wftt. a t.lni th. tianrl fmm All I Great applause greeted the strong condemnation of the reciprocity Scotch Mountaia Dew Positively Th Finest WrflSior Imported TO LlET Two Flats, nineteen rooms near Grand Trunk Depot. Appl to 190 8t.

Catharin SI We- iron bar, and evading Sheriff Elmer Bryson, bound-over prisoner named Johnson, escaped from the county Jail here late today and started for the Canadian line, about foi" miles a.way. Nothinff to eosial our TMsmon Rings. Ilerasley, 255 St. James tit,.

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Years Available:
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