Canadian Urban Limited is pleased to announce the acquisition of Laurence, a landmark mixed-use residential and commercial property located in the heart of Old Montréal, on behalf of a European-based family trust.
The acquisition represents a significant milestone for Canadian Urban, reinforcing the firm’s expanding presence in Montréal and its growing relationships with European institutional and private capital partners seeking long-term exposure to Canadian real estate.
Laurence is a newly constructed, institutional-quality mixed-use asset located in one of Montréal’s most historic and supply-constrained urban districts. The property comprises 230 residential rental suites, approximately 21,000 square feet of ground-floor retail space, underground parking, and a premier location in the heart of Old Montréal.
As one of the largest purpose-built rental properties within the district, Laurence represents a rare institutional-scale acquisition opportunity in a submarket largely characterized by smaller heritage properties and limited redevelopment opportunities.
The acquisition reflects the core principles of Canadian Urban’s investment strategy: identifying high-quality urban real estate in supply-constrained markets, supported by stable long-term income potential, institutional-quality asset characteristics, and active management opportunities.
Laurence aligns closely with Canadian Urban’s focus on strategic mid-market opportunities where disciplined execution, local market expertise, and long-standing relationships can create durable value for investors.
Laurence is exceptionally well-positioned within Montréal’s evolving rental market, supported by strong long-term fundamentals, limited new supply in core urban neighbourhoods, and increasing demand for professionally managed rental housing.
The property combines institutional scale, strong walkability and transit connectivity, proximity to major employment and tourism nodes, and long-term supply protection created by Old Montréal’s heritage controls, height restrictions, and limited redevelopment opportunities.
With strong in-place residential occupancy, meaningful long-term rental growth potential, and embedded retail upside supported by a vendor rental guarantee, Laurence reflects the type of differentiated opportunity Canadian Urban is built to identify and execute.
The acquisition also highlights increasing interest from European investors in Canadian real estate as a stable, long-term investment market supported by strong fundamentals, rule of law, and institutional-quality opportunities.
Canadian Urban is proud to complete this acquisition on behalf of a European-based family trust and looks forward to continuing to build resilient, income-producing portfolios designed for long-term performance.
