Sale of the MacDonald Portfolio: One of the Largest Multifamily Transactions of the Year in Québec

The MacDonald Portfolio, a landmark real estate complex located in Côte-Saint-Luc, was recently sold, marking one of the largest multifamily transactions of the year in Québec.

Comprising three sixteen-storey residential towers with a total of 440 spacious units averaging 1,054 square feet, the MacDonald Portfolio stands out for its scale and variety of housing types. The buildings occupy a prime location on the Island of Montreal, near the prestigious Hampstead community, in one of the region’s most sought-after rental markets.

Built in the early 1970s, the complex had remained under the same ownership for nearly 50 years — making this the first time in almost half a century that the MacDonald Avenue towers have changed hands.

De Grandpré Chait is proud to have advised the sellers of the MacDonald Portfolio on this significant transaction, with a real estate team led by Marc J. Rubin,  together with Deirdra Corber, Eric Lupovich, Audréanne Noël and Robert Greenberg.

To learn more, read the attached article in La Presse (in French only).