Montage Now Leasing

Someone posted in the comments recently that Montage, a 23 unit building on Capitol Hill, has gone rental. Walking by this morning I saw this sign confirming it (I would have gone in but they weren’t open yet):

Checking out their site also confirms they are leasing:

What were these units selling for?

#203 – 1 bd/1 ba – 742 sf – $367,950
#305 – 1 bd/1 ba – 727 sf – $324,950
#402 – 1 bd/1 ba – 716 sf – $409,950
#405 – 1 bd/1 ba – 727 sf – $339,950
#501 – 1 bd/1 ba – 945 sf – $547,950
#604 – 1 bd/1 ba – 871 sf – $489,950

Who is going rental next?

About Matt Goyer

I'm the publisher of Urbnlivn and a real estate agent. I love lofts, floating homes, new construction and mid-century moderns but will help you buy or sell just about anything.
Get in touch to:
• Understand the market
• See homes for sale
• Sell your home

Contact Matt matt@urbnlivn.com / 206-618-1600

Stay Up-to-Date on Seattle Real Estate

Sign Up For Our Friday Newsletter.

  • Ace

    I walked past the 1111 East Pike condo development tonight. The sign was gone, and the front looked like it had been covered up with building paper. No noticeable progress has been made since the last time I looked months ago.

    The website (Coming Fall 2008) hasn’t been updated since June. Has this development failed as well?

  • Ace

    I walked past the 1111 East Pike condo development tonight. The sign was gone, and the front looked like it had been covered up with building paper. No noticeable progress has been made since the last time I looked months ago.

    The website (Coming Fall 2008) hasn’t been updated since June. Has this development failed as well?

  • Ross

    There sure is a lot of apartment inventory coming (back) onto the market. I guess rent will be the next thing to fall.

  • Ross

    There sure is a lot of apartment inventory coming (back) onto the market. I guess rent will be the next thing to fall.

  • just another dirty renter

    wow those prices are insane.

  • just another dirty renter

    wow those prices are insane.

  • marksparky

    These rental prices are about 15-18% over comparables in the neighborhood. with a fair amount of apt inventory available right now, it doesn’t look competitive.

  • marksparky

    These rental prices are about 15-18% over comparables in the neighborhood. with a fair amount of apt inventory available right now, it doesn’t look competitive.

  • jaye

    Those rents are going to have to come down. My husband and I have looked at several comparable 2/2 places in that area for a lot less than $2300/month. When decent houses in Greenlake, Ballard and Fremont can be had for $2000 apartment is going to be a really hard sell, no matter where it is.

  • jaye

    Those rents are going to have to come down. My husband and I have looked at several comparable 2/2 places in that area for a lot less than $2300/month. When decent houses in Greenlake, Ballard and Fremont can be had for $2000 apartment is going to be a really hard sell, no matter where it is.

  • nitsuj

    Hey Matt, hope you weren’t part of the Redfin layoffs. Question for the masses, are people actually paying rents like that in Seattle? Curious what people are really paying v. asking as I’m evaluating finally GTFO of the Bay area.

  • nitsuj

    Hey Matt, hope you weren’t part of the Redfin layoffs. Question for the masses, are people actually paying rents like that in Seattle? Curious what people are really paying v. asking as I’m evaluating finally GTFO of the Bay area.

  • Mark W

    nitsuj: The Montage 2/1.75 asking price is a couple hundred more than my comparable unit in a downtown Seattle highrise. The gap narrows if their parking is free.

  • Mark W

    nitsuj: The Montage 2/1.75 asking price is a couple hundred more than my comparable unit in a downtown Seattle highrise. The gap narrows if their parking is free.

  • Hi Nitsuj, Monday was a sad day, we saw many friends leave. However, I am still at Redfin and have no plans to leave.

  • Hi Nitsuj, Monday was a sad day, we saw many friends leave. However, I am still at Redfin and have no plans to leave.