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Canadian Urban buys Old Montreal mixed-use complex with apartments and retail

Mondev monetizes project after assembling site and completing construction last year
Mondev's recently completed 230-unit apartment complex in Old Montreal, branded Laurence, has changed hands. (CoStar)
Mondev's recently completed 230-unit apartment complex in Old Montreal, branded Laurence, has changed hands. (CoStar)

Montreal developer Mondev has sold a newly built apartment and retail property in Old Montreal for $133.68 million, monetizing a project it developed on one of the district’s few large vacant sites.

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