Montreux Condominiums in Belltown | Seattle Condo Review

Montreux Condominiums in Belltown
425 Vine St

Montreux Condominiums was built in Belltown in 1999 and sits on the corner of 5th Avenue and Vine Street. The east side looks out over the monorail. It is known for having mostly efficiency sized condominium homes, for its fabulous rooftop view deck and for allowing short term rentals.

To see a virtual tour of an actual unit at Montreux Condominiums, click here.

The stats:

132 units –Studio, one and two bedrooms ranging in size from 318 square feet to 720 square feet
Built in 1999
7 stories
Only select units have parking spaces and/or storage lockers
4 units have sold in the last 6 months ranging in price from $230,000 to $260,000 for studio units; at the time of this post there were no pending or active units.
HOA dues include: garbage, building maintenance, professional property manager, earthquake insurance
Amenities: Rooftop view deck with lounge areas, tables and BBQs, gym, business center and meeting room

The pros:

The location in Belltown puts it central to Downtown, SLU and lower Queen Anne as well as both 99 and I5, and close to all of the restaurants, events, and more of Belltown itself
If you are an investor, the building does allow short term rentals, which most condominium buildings in Seattle do not allow
Having so many studio homes means there are many affordable options for people who are looking to buy and live in the city center
The roof deck allows all residents a large space to BBQ and enjoy the outdoors
All condos have in-unit washer/dryers, which you often don’t find in condos of this size
Home owner dues are low

The cons:

Most condos do not have private deck spaces
Many units don’t have parking or storage, which can be a challenge in these smaller square footage units
Financing for investors can be challenging due to its high percentage of renter occupancy
If you are looking for a larger square footage unit, this is not the building for you