InterRent Real Estate Investment Trust announced that it has entered into an unconditional agreement to acquire a portfolio of 5 properties in Montreal totaling 253 suites for $59,000,000. The 5 properties are located in the sought-after neighbourhoods of Westmount, Hampstead, and Notre-Dame-de-Grâce and are composed of a desirable suite mix featuring 2 bachelor, 100 one-bed, 140 two-bed, and 11 three-bed apartments. The portfolio has undergone capital upgrades including modernized elevators, new boilers, upgraded balconies and high end in-suite finishes.