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Investors buy Ferrier Street industrial site in Montreal for potential housing

Laurier Capital, Kevlar plan to rezone property near Royalmount
Laurier Capital has partnered with Groupe Kevlar to buy the property at 5255‑5275 Ferrier St. for $4.8 million. (CoStar)
Laurier Capital has partnered with Groupe Kevlar to buy the property at 5255‑5275 Ferrier St. for $4.8 million. (CoStar)

A pair of Montreal real estate investors have acquired a 70,028-square-foot industrial property near the Decarie Expressway and Highway 40, as well as public transportation, as they explore a potential residential redevelopment of the site, with rezoning discussions underway.

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News | Investors buy Ferrier Street industrial site in Montreal for potential housing