Canadian Urban Limited is thrilled to announce the successful acquisition of a 100% freehold interest in 1200 Mackay, a newly constructed, best-in-class multifamily property located in the heart of downtown Montréal.
This acquisition reinforces Canadian Urban’s long-term commitment to the Montréal market and marks a strategic expansion of our residential portfolio in one of Canada’s most dynamic urban centres.
Completed in 2024, 1200 Mackay features 125 premium residential units crafted by the award-winning architectural firm Chevalier Morales and developed by Mondev to exceptional design and technical standards. The building has been institutionally managed since delivery and is ideally situated in Montréal’s prestigious Golden Square Mile, steps from Concordia University, the metro station, and a wide array of retail, dining, employment, and cultural amenities.
We sincerely thank David Owen and Michael Owen at Mondev for their partnership and vision. We also thank Scott Speirs, Guillaume Jacob, and Eric Morin at CBRE Limited for brokering this opportunity and facilitating a collaborative relationship between Mondev and Canadian Urban.
A special thank you as well to our legal partners — Sylvie Bouvette and Raphael Roditi at BLG, representing Canadian Urban, and Diana Lyrintzis at KRB Avocats, representing Mondev — for their expertise and guidance in negotiating and closing a successful transaction for all parties.
Stay tuned for more exciting updates as we continue to grow our presence in Québec and across Canada.
