Quebec Multifamily Deep Dive: Pricing, Cap Rates & Regional Performance
Update: 2025-12-02
Description
đ Quebecâs multi-residential market delivered a big month in September, driven by major institutional trades and steady pricing across the province.
Two standout deals led the momentum:
- Boardwalk repurchased Central Parc 1â3 in Laval for $249M (541 units; ~$460k/unit), reinforcing confidence in Lavalâs fast-growing development hub.
- Realstar acquired Equinox in CĂŽte-Saint-Luc for $137M (286 units; ~$479k/unit), expanding its presence near its Excelsior asset.
Quebecâs multi-residential sector continues to show confidence, stability, and strong long-term fundamentals.
Mikael Kurkdjian Senior VP Chartered Real Estate Broker, explains it all
#RealEstate #Multifamily #Quebec #MarketUpdate #Investing
Two standout deals led the momentum:
- Boardwalk repurchased Central Parc 1â3 in Laval for $249M (541 units; ~$460k/unit), reinforcing confidence in Lavalâs fast-growing development hub.
- Realstar acquired Equinox in CĂŽte-Saint-Luc for $137M (286 units; ~$479k/unit), expanding its presence near its Excelsior asset.
Quebecâs multi-residential sector continues to show confidence, stability, and strong long-term fundamentals.
Mikael Kurkdjian Senior VP Chartered Real Estate Broker, explains it all
#RealEstate #Multifamily #Quebec #MarketUpdate #Investing
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