Skip to content
CMHC Home Canada Mortgage
and Housing Corporation
  • Sign In or Register
  • Français
  • MENU
MENU
× Français
  • Home
  • Professionals
    • Project funding and mortgage financing
      • Funding programs
        • Affordable Housing Fund
        • Affordable Housing Innovation Fund
        • Apartment Construction Loan Program
        • Canada Greener Affordable Housing
        • Community (social) housing
        • Federal Lands Initiative
        • Funding for Indigenous housing
        • Housing Supply Challenge
        • Innovation and research
        • National Housing Strategy Project Profiles
        • Rapid Housing Initiative
      • Mortgage Loan Insurance Products
        • Homeowner and Small Rental Mortgage Loan Insurance
          • CMHC Purchase
          • CMHC Improvement
          • CMHC Income Property
          • CMHC Refinance
          • CMHC Newcomers
          • CMHC Self-Employed
          • CMHC Portability
          • Eco Products for Lenders
        • Multi-Unit and Rental Housing
          • MLI Select
        • Default, claims and properties for sale
        • Underwriting centre
        • emili
        • NHA approved lenders
        • Calculating GDS / TDS
        • How to recognize and report mortgage fraud
        • Contact mortgage loan insurance
        • Insured Mortgage Purchase Program (IMPP)
      • Securitization
        • NHA Mortgage Backed Securities
        • Canada Mortgage Bonds
        • Canadian registered covered bonds
        • Blockchain in the housing industry
    • Housing markets, data and research
      • CMHC Reports Calendar
      • Housing markets
        • Housing market reports
        • Mortgage market and consumer reports
        • Fall 2024 Rental Market Report
      • Housing research
        • Consultations
          • Prohibition on the Purchase of Residential Property by Non-Canadians Act
            • Prohibition on the Purchase of Residential Property by Non-Canadians Act – Frequently asked questions
        • Housing research reports
        • Housing surveys
          • Mortgage consumer surveys
        • Research awards and scholarships
        • Understanding core housing need
        • Collaborative Housing Research Network
      • Housing data
        • Data tables
          • Household characteristics data
          • Housing market data
          • Mortgage and debt data
          • Rental market data
        • Housing market information portal
        • Residential Mortgage Industry Data Dashboard
        • CMHC licence agreement for the use of data
        • Housing Knowledge Centre
    • Industry innovation and leadership
      • Housing innovation
      • Our Partners
        • Partnerships
        • Federal, Provincial and Territorial Forum on Housing
      • Industry collaboration
        • Expert Community on Housing (ECoH)
      • Industry expertise
        • Affordable housing
        • Indigenous housing
        • Senior housing
        • Accessible and adaptable housing
        • Developing sustainable housing
        • Resources for mortgage professionals
        • CMHC newsletters
    • Events and speakers
      • Conferences
        • 2024 National Housing Conference
          • About
          • National Housing Conference - Agenda
          • Location
          • InnoZone
          • Details for participants
      • Speakers’ bureau
        • Kevin Hughes
  • Consumers
    • Buying a home
      • Homebuying calculators
        • Mortgage calculator
        • Affordability calculator
        • Debt service calculator
      • Buying guides
        • Homebuying step by step
        • CMHC's condominium buyer's guide
      • Mortgage loan insurance for consumers
        • What is CMHC mortgage loan insurance?
        • Do I qualify for mortgage loan insurance?
        • CMHC mortgage loan insurance costs
        • CMHC's Eco Products
          • CMHC’s Eco Improvement
          • CMHC Eco Plus
        • CMHC — home renovation financing options
        • FAQs — mortgage loan insurance
      • Incentives for homebuyers
      • Newcomers
      • The First-Time Home Buyer Incentive
    • Owning a home
      • Manage your mortgage
        • Mortgage fraud
        • Mortgage planning tips
        • Plan and manage your mortgage
        • Your credit report
        • Your home value
      • Aging in place
        • Housing options for Seniors
        • Housing and finance tips
        • Mortgage financing options for people 55+
        • Preventing fraud and financial abuse
    • Renting a home
      • I want to rent
        • Things to consider before renting
        • Types of housing for rent in Canada
        • Finding or advertising a rental property
        • Visiting the rental property
        • Lease and rental agreements
        • Signing the lease
        • Credit checks and bad credit
        • Rental payments and deposits
        • Roommates and pets
      • I am renting
        • Moving day
        • Landlord/Tenant responsibilities
        • Inspections
        • Maintenance and repairs
        • Complaints and evictions
        • Rent increases
        • When you can't pay rent
        • Renewing or terminating the lease
        • Moving out
      • One-Time Top-Up to the Canada Housing Benefit
      • COVID‑19: eviction bans and suspensions to support renters
  • About CMHC
    • CMHC’s goals, values and commitment to housing
    • Discover Life at CMHC
    • Management and governance
      • Speakers’ bureau
      • CMHC's Annual Public Meeting
      • CMHC’s board of directors and committees
      • Our management committee
      • Pension governance
        • Pension overview
        • Key roles and responsibilities
        • Annual reports
    • Corporate reporting
      • CMHC’s 2023 Annual Report
      • Program evaluation
      • Quarterly financial reports
      • Joint auditors special examination report to CMHC board 2018
      • CMHC’s Insured Mortgage Deferral
      • Corporate Plan Summary
      • Transparency
        • Access to information and privacy protection
        • Accessibility at CMHC
        • Accessibility feedback process
        • Briefing materials
        • Procurement
          • Vendor Diversity Program
        • Travel, hospitality and conference expenditures
    • Contact us
      • Contact mortgage loan insurance
      • Regional offices
      • Granville lsland
      • Indigenous and the North Housing Solutions
      • National office
      • Holiday service hours
  • Media Newsroom
  • National Housing Strategy
    • What is the strategy?
      • About the initiatives
      • How to apply
      • Help and resources
      • Priority areas for action
      • The National Housing Strategy Glossary of Common Terms
      • The Strategy in Action
    • Federal/Provincial/Territorial housing agreements
    • Other funding and financing opportunities
  • The Housing Observer
  • Canada’s Housing Podcast
  • Careers
  • Housing Knowledge Centre
 
  • Home
  • Media Newsroom
  • Federal government announces over $50 million for largest rental project east of Montreal
  • Save
  • Share
Save Icon

SAVE TO MY FOLDER

Federal government announces over $50 million for largest rental project east of Montreal

SAVE
Close this Window   |   Manage my Folder
Save Icon

SAVE TO MY FOLDER

Federal government announces over $50 million for largest rental project east of Montreal

Done Done!
Close this Window   |   Manage my Folder
Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

Share icon

Share via

  • Facebook
  • LinkedIn
  • Mail
  • print
  • CopyLink

SuccessCopyLinkVersionLink copied

share icon

Mail-blue Share via Email

Did You Know?

You can include an email signature?

Register | Sign In

×
Google Captcha Loader
share icon

Mail-blue Share via Email

Done Done!
Close this window

Federal government announces over $50 million for largest rental project east of Montreal

Montréal, Quebec, January 27, 2025

Today, the federal government announced an investment of nearly $50 million for the construction of 144 purpose-built rental units. The MileBrook is the largest mixed-use rental project ever built at the eastern end of the Island of Montréal.

The MileBrook is a $340 million project that will ultimately provide more than 800 rental units. Located on the last mile of Sherbrooke Street, this multi-generational project meets a high demand for housing and local businesses in this area.

Committed to sustainable development, the project is protecting the wetlands located on its lot and will feature green spaces, green roofs and a community garden. The MileBrook offers units that are 25% more energy efficient than the building code requires and aims to achieve LEED Platinum certification.

The announcement was made on the site of the MileBrook project, in Montréal, by the Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec, on behalf of the Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities.

The MileBrook also associated with the Fondation Louis-Charles Routhier to support the mission of the Mères avec pouvoir organization. Each year, thanks to significant donations from the Fondation, units will be designated for low- or modest-income single mothers supported by this organization. Over 85% of women supported by Mères avec pouvoir get a diploma or a job. To date, 250 women benefitted from the services of the organization.

Funding is provided as fully repayable, low-interest loans through the Apartment Construction Loan Program (ACLP, formerly the RCFi). The ACLP stimulates rental housing construction by providing builders and developers with low-cost repayable loans. The program is helping to build more than 131,000 apartments across Canada.

Quotes:

“Rental housing is a fundamental component of healthy and inclusive communities. By investing in our communities, we are growing the economy of Canada, and of Quebec, and supporting the vitality of our cities, like Montréal. The MileBrook project is about more than housing — it’s a community where families can thrive.”
— The Honourable Soraya Martinez Ferrada, Minister of Tourism and Minister responsible for the Economic Development Agency of Canada for the Regions of Quebec
“By making it easier, less costly and faster to build rental housing in Montréal, our government ensures that Quebec families have access to a safe and affordable place to call home. Today’s announcement marks another step in our work to end Canada’s housing crisis once and for all.”
— The Honourable Nathaniel Erskine-Smith, Minister of Housing, Infrastructure and Communities
“MileBrook is an important residential and commercial development project for our borough and for the Bout-de-l’Île. These new dwellings will offer an interesting mix of units as well as allow the arrival of much-needed new businesses in this area.”
— Caroline Bourgeois, Mayor, Rivière-des-Prairies–Pointe-aux-Trembles Borough
“Thirty-five years ago, our late father Louis-Charles Routhier bought this land with the ambition to create a safe place to live for families in the East. For the past four years, we have been actively working on the MileBrook project, working closely with the borough of Rivières-des-Prairies–Pointe-aux-Trembles to ensure the sustainability of the neighbourhood. The construction of these first rental units, many of which are affordable, marks the beginning of a new living environment in this sector.”
— Routhier Monette Family, Courose Real Estate
“Mères avec pouvoir is a non-profit organization whose mission is to promote the optimal development and well-being of women and their children from birth to age five, a population group in this area that is larger than the Island of Montréal average, in order to ensure their social and professional integration. Collaborating with the Fondation Louis-Charles Routhier on the MileBrook project will ultimately allow to double the impact of Mères avec pouvoir by allowing many families to have a home.”
— Valérie Larouche, General Manager of Mères avec pouvoir

Highlights of the MileBrook project:

  • A new 3- to 8-floor project with over 800 rental units.
  • Units range in size from 400 to 2,200 square feet. Bachelors, one-bedroom, two-bedroom, three-bedroom units along with townhouses are available.
  • Outdoor training modules and children's play areas.
  • A bicycle storage pavilion.
  • Two community gardens.
  • Access to the future bike path.
  • Green spaces to protect the wetlands located on the large lot.

About Courose Real Estate:

  • Founded 35 years ago, Courose Real Estate partners with real estate developers and builders who take a human approach to realizing residential real estate projects for the residents of Montréal's east end. Owned by the Routhier family, Courose Real Estate wants to offer high-quality living environments for families. For more information on the MileBrook, visit lemilebrook.com (in French only).

Additional information:

Visit canada.ca/housing for the most requested Government of Canada housing information.

CMHC contributes to the stability of the housing market and financial system, provides support for Canadians in housing need, and offers unbiased housing research and advice to all levels of Canadian government, consumers and the housing industry. CMHC’s aim is that everyone in Canada has a home they can afford, and that meets their needs. For more information, follow us on Twitter, Instagram, YouTube, LinkedIn and Facebook.

Progress on programs and initiatives is updated quarterly at www.placetocallhome.ca. The Housing Funding Initiatives Map shows the affordable housing projects developed so far.

Information on this news release:

Sofia Ouslis
Office of the Minister of Housing, Infrastructure and Communities
sofia.ouslis@infc.gc.ca

Media Relations
Canada Mortgage and Housing Corporation
media@cmhc-schl.gc.ca

Was this page relevant to your needs?

Thank you for your feedback!

How Can We Help?

Suggest an Improvement

Report a Bug

How Can We Help?

Suggest an Improvement

Please share your suggestion.

Google Captcha Loader

How Can We Help?

Report a Bug

Please describe the problem.

Google Captcha Loader

Thank you. Your feedback has been submitted.

Date Published: January 27, 2025

By Topic

  • Professionals
    • Project funding and mortgage financing
    • Housing markets data and research
    • Industry innovation and leadership
    • Events and speakers
  • Consumers
    • Home buying
    • Owning a home
    • Renting a home

About Us

  • CMHC's Story
  • Management and Governance
  • Our Partners
  • Corporate Reporting
  • Contact Us
  • Careers

More

  • CMHC Newsletters
  • CMHC Library
  • Housing Observer
  • Media Newsroom
  • CMHC and Accessible Housing
  • CMHC on Twitter
  • CMHC on LinkedIn
  • CMHC on Facebook
  • CMHC on Instagram
  • CMHC on YouTube
Privacy Policy    |    Terms and Conditions    |    Transparency    |    Accessibility Plan    |    Accessibility Feedback     Canada Mortgage and Housing Corporation (CMHC) ©2025 
Canada
loader icon