Greyspring Apartments Makes its Latest Acquisition in Montreal 

In June, Greyspring Apartments announced the acquisition of two 14-storey concrete apartment buildings at 135 and 145-155 Rue Deguire in Montreal, Québec, representing a strategic expansion into the established borough of Saint Laurent located on the Island of Montreal.

This latest acquisition expands Greyspring’s growing Canadian apartment portfolio in the Greater Montreal Area and adds 393 residential units to our existing 2,600+ units under management. The location offers a multitude of convenient services and amenities for residents such as parks, schools, CEGEPs, grocery stores, restaurants and more. Tenants of these properties also benefit from excellent access to transit, including easy access to HWY 15 and the Exo train network (commuter train), and will benefit from the recently launched REM network, an automated light rail system with 26 accessible stations across Greater Montreal.

Through a thoughtful capital investment program that improves the base building operations and aesthetics as well as in-suite improvements, Greyspring has improved the living environments in 30+ buildings with over 840 units improved since we began investing in the Greater Montreal Area.

As Greyspring continues to grow our portfolio, and service and manage each of the apartments, we will continue to seek opportunities to improve the assets, building operations and the tenant environment while improving the value of the assets in the portfolio over time.