Éric Salvail realizes a profit of $ 1.6 million with the sale of his condos

Éric Salvail has just received a significant gain by selling a condo for $ 1.38 million that he acquired a little over two years ago.

• Read also: Éric Salvail plays it all for all

In August 2018, the former host bought for $ 1.2 million a penthouse located on the 12th floor of a thirty-year-old complex located in St-Lambert, on the South Shore of Montreal.

In the months that followed, Mr. Salvail subdivided the property into two condos and renovated them from top to bottom.


Screen capture MARTINLEMAY.com

Screen capture MARTINLEMAY.com

In August 2019, he sold the first condo for $ 1.43 million, which is in addition to the $ 1.38 million he just received for the second unit.

The sale of the two condos allowed him to earn $ 2.8 million, or $ 1.6 million more than what he paid for the property in 2018. From this amount, however, the costs of the work must be deducted. subdivision and renovation, as well as transaction costs, which are not known.

The buyers of the second unit are Gerry Van Winden and Claudine Henderson, co-founders of the Sherrington vegetable company Vegpro, which claims to be the largest vegetable producer in Canada.


Screen capture MARTINLEMAY.com

Screen capture MARTINLEMAY.com

“Unique and spectacular penthouse of more than 3000 square feet on two levels, completely redesigned and renovated, offering breathtaking views over nearly 360 degrees of all of Montreal to Mont Saint-Hilaire, as well as a private panoramic terrace and plants” , can we read in the description of the real estate agency that facilitated the transaction.

Post-scandal transactions

Salvail carried out all these real estate transactions after the publication in the media, in the fall of 2017, of allegations concerning sexual misconduct with which he is accused.

Charges of harassment, forcible confinement and sexual assault were filed against him in January 2019. His trial began in February before being suspended due to the pandemic. Defense pleadings were held on Wednesday and the Crown pleadings will take place on Thursday.

The Journal tried to reach Eric Salvail on Wednesday, but he did not return the call.

– With the collaboration of Philippe Langlois and Jean-François Gibeault

www.journaldequebec.com

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