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Quebec  + Multi-residential Housing  |  June 3, 2025
Rendering of proposed apartment complex project in Montreal's east end.
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By: Monte Stewart

Groupe HD, Fondaction Partner on $425M East Montreal Multi-Res Project

Groupe HD and Fondaction have partnered on a $425-million multi-residential development in Montreal’s east end, the firms announced.

The partners intend to develop 1,200 suites on a 210,000-square-foot site at 5600 Sherbrooke Street East in the Mercier–Hochelaga-Maisonneuve borough.

More than 15% of the units will be designated as affordable housing. The development will target LEED Gold certification and will be carried out in two phases to align with the City of Montreal’s Assomption Nord Urban Planning Program.

Construction Praxis will serve as general contractor, with NEUF Architect(e)s leading architecture and BC2 handling landscape design.

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Inside The Story

Groupe HDChad Ruel

About Monte Stewart

Monte Stewart serves as Content Director - Canada for Connect Commercial Real Estate. Based in Vancouver, British Columbia, Monte provides daily news coverage of major Canadian commercial real estate markets, including Vancouver, Toronto, Montreal and Calgary. He has written about the real estate sector for various media outlets and Avison Young since the early 2000s. In addition, he has covered sports, general news and business for several leading wire services and publications, including The Canadian Press, The Associated Press, The Calgary Herald, The Globe and Mail, Research Money, The Daily Oil Bulletin, Natural Gas World and The Toronto Star. Monte is active in his community as a youth basketball coach and raises funds for such charitable causes as Movember.
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