I’ve recently had a rental property expropriated that I’ve owned for many years in the Montréal area (expropriation was a bizarre experience!).

Just discovered the forum after reading Brandon Turner's book on Rental Property Investing and I want to connect with the local community of Montreal, Qc.

I lived in Toronto and Montreal prior to moving to the US about 30 years ago.

You got to the right place Montreal and all the best in your investing. 

I invest in Notes in the US and buy and hold in Montreal so not sure about the market in BC.

:) I am a Canadian real estate investor, and own a few condos in Montreal/Toronto.

Your other point about the counter offer, i think you should keep a few things in mind:  Montreal is in a massive seller's market right now.

(esp. that even in the US it hardly works due to the high attrition rate), a big reason why it doesn't work (as a business, not as a one-off deal) is because of: 1) lack of density in most Canadian markets outside of GTA, Vancouver, Montreal and 2) house price are too high.

I've been investing in Montreal for the past 5 years and have recently moved to Toronto.

I've been looking into some mfr lately close to Montreal and there seems to be some decent cash flow.