A block of 165 condominium units at 1 Square Phillips has been sold to a Montreal investment firm that plans to operate the homes as rentals, marking one of the largest bulk condo acquisitions to surface in Montreal in recent years.
Investors seize opportunity as condo inventory changes hands in Montreal
Bulk purchases at landmark downtown towers are putting condo units into rental pool
CoStar News
September 3, 2026 | 5:50 P.M.
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IN THIS ARTICLE
- Properties
- Le Quinzecent
1500 René-Lévesque Boul, Montréal, QC
- 1 Square Phillips
1201 Phillips Pl, Montréal, QC
- Companies
- Jesta Capital Corp
Real Estate
- Brivia Group
Real Estate
- Contacts
- Éric De Léry
Vice President, Investments, Ipso Facto Investissement Immobilier