Rakotta Real Estate

What Rakotta Real Estate does

Rakotta Real Estate is a privately held, Montreal-based residential rental operator founded in 2009 that owns and manages a small portfolio of three furnished and semi-furnished apartment buildings — Dorchester Apartments (1555 Rene-Levesque West), Gramercy Residences (1900-1950 Sherbrooke West), and Le 2100 (2100 Boulevard de Maisonneuve West) — all located in the Golden Square Mile neighborhood of downtown Montreal. The company leases units on flexible 1- to 12-month terms (semi-furnished units typically require 12-month leases) with an all-inclusive monthly rent that bundles hot water, electricity, heating, A/C, and unlimited high-speed internet. Building-level amenities include on-site security, video surveillance, fitness centres, laundry facilities, parking (and a pool exclusively at the Dorchester), and a convenience store at Le 2100. The website and property management rely on third-party platforms: Rentsync for web/marketing infrastructure and BuildingStack for the resident portal.

The go-to-market is direct-to-consumer through the bilingual (English/French) rakotta.com website, dedicated property microsites (le2100.com, residencesgramercy.com), SEO-optimized content targeting student and downtown-Montreal rental keywords, phone (+1 438-373-7970) and email inquiry channels, and personalized in-person or video-call property consultations. Primary customer segments are students from Concordia and McGill universities (furnished units with flexible lease terms), young professionals seeking all-inclusive urban living, and families targeting 4½ units in centrally located buildings; the firm also markets pet-friendly apartments to broaden its tenant base. The revenue model is subscription-style monthly rental income, with ancillary recurring streams from optional add-ons such as indoor parking and storage. The company is privately held and undisclosed financially, with no venture capital, private equity, or parent entity identified in the source data aside from a single testimonial reference to "Rakotta Holdings." Sustainability is part of the value proposition — smart technology, LED lighting, and electric vehicle charging stations — but no AI/ML capabilities, patents, trademarks, awards, regulatory actions, or M&A history are documented in the input.

Name

Rakotta Real Estate

Legal name

Rakotta

Website

https://rakotta.com

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

11–50 employees

Short description

Rakotta Real Estate is a Montreal-based, privately held residential rental operator founded in 2009, managing three furnished and semi-furnished apartment buildings in the Golden Square Mile on flexible all-inclusive monthly leases targeting students, young professionals, and families.

Ownership category

akta.pro rank

Product category

Residential Real Estate Rental

NAICS

Lessors of Real Estate (5311)

SIC

Hotels, Rooming Houses, Camps & Other Lodging Places (7000)

akta.pro primary industry

Furnished Monthly Apartments (Urban/Residential) (THAMAFAB)

akta.pro secondary industries

Furnished Corporate Apartments (Urban, Mid-Rise) (THAMAHAG), Student/Academic Serviced Residences (THAGAEAF)

Keywords

• Residential rental property
• Furnished apartments montreal
• Student housing rentals
• All-inclusive rent leases
• Downtown montreal apartments

Headquarters

HQ city

Montréal

HQ country

Canada

HQ region

North America

Offices4 records

Markets served

GTM type

B2C

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Monthly Rental Income: Core revenue stream from monthly rental payments for furnished and semi-furnished apartments. Tenants pay all-inclusive rent covering utilities, internet, and amenities. Lease terms range from 1 to 12 months for furnished units and 12 months for semi-furnished condos.
2. Ancillary Services: Additional revenue from optional services including indoor parking, storage spaces, and possibly convenience store operations within buildings.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels6 records

Core offering

Rakotta Real Estate leases furnished and semi-furnished residential apartments across three buildings (Dorchester Apartments, Gramercy Residences, and Le 2100) in downtown Montreal's Golden Square Mile. Tenants rent units on flexible 1- to 12-month leases with all-inclusive monthly pricing that bundles hot water, electricity, heating, A/C, and unlimited high-speed internet, complemented by on-site amenities and 24/7 security. The offering targets students, young professionals, and families seeking turnkey urban living near universities and transit.

Product overview

Rakotta Real Estate operates a portfolio of three furnished apartment buildings in Montreal's Golden Square Mile: Dorchester Apartments, Gramercy Residences, and Le 2100. The company offers flexible leasing options ranging from 1- to 12-month terms, with both semi-furnished and fully-furnished units. All properties provide all-inclusive rent covering utilities, high-speed internet, and amenities such as on-site security, fitness centres, laundry facilities, and parking. The offering is positioned toward students, young professionals, and families seeking downtown Montreal living with comprehensive management services.

Differentiator

Problem solved

Functional benefit

Products and services

• Dorchester Apartments Premium furnished apartment building at 1555 Rene-Levesque West offering fully-furnished units with flexible 1- to 12-month leases for individual tenants. Features include on-site security, fitness centre, parking, laundry facilities, and exclusive pool access, with all-inclusive monthly rent covering utilities and high-speed internet.
• Gramercy Residences Newly constructed residence at 1900-1950 Sherbrooke West featuring modern semi-furnished units with 12-month leases or fully-furnished apartments with 1- to 12-month lease terms. Includes gym, lounge space, laundry facilities, 24/7 security, and all-inclusive rent covering utilities and high-speed internet.
• Le 2100 Modern apartment building at 2100 Boulevard de Maisonneuve West offering semi-furnished studios through 4½ units with 12-month leases. Features newly renovated units, all-inclusive rent covering utilities and high-speed internet, 24/7 security, on-site convenience store, and fitness room.

Quantifiable outcome

• Flexible lease terms from 1-12 months accommodate diverse tenant needs
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

One partnership is on record.

• Local PartnersminorStrategic or Co-development PartnerRakotta supports local partners as part of their sustainability commitment, contributing to the local economy while creating responsible living spaces.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Blueground: Tech-enabled monthly-rental operator offering fully furnished apartments in urban markets with flexible lease terms. Closely matches Rakotta's furnished monthly urban rental model.
• Kasa: Tech-enabled furnished accommodations provider focused on urban and business-leisure guests. Directly comparable as a furnished rental operator with similar customer segments and all-inclusive service model.
• Sonder Holdings: Tech-enabled operator of fully furnished apartments with flexible stay durations and all-inclusive pricing. Directly comparable business model to Rakotta's furnished monthly urban rentals.

Broad incumbents

• Morguard Corporation: Canadian real estate investor with diversified holdings including multifamily residential. Overlaps with Rakotta's residential rental model but as a broader portfolio investor, not a small furnished operator.
• Boardwalk REIT: One of Canada's largest owners and operators of multifamily residential rental apartments across multiple provinces. Broad incumbent in the same residential rental category as Rakotta at very different scale.
• CAPREIT (Canadian Apartment Properties REIT): Major Canadian residential REIT that owns and operates a large multifamily apartment portfolio including in Montreal. Overlapping residential rental activity but at materially greater scale and as a portfolio player, not a furnished-apartment specialist.
• Residence Inn by Marriott: Extended-stay hotel brand offering fully furnished suites with kitchenettes and flexible weekly/monthly stays. Competes with Rakotta's furnished units for similar transient and project-based professional demand, but operates as a branded hospitality chain.
• Killam Apartment REIT: Canadian multifamily residential REIT with expansion into major Ontario and Montreal markets. Operates in the same residential long-term rental category as Rakotta's semi-furnished 12-month lease units.
• Adagio (Accor): Accor-operated aparthotel brand offering fully furnished apartment-style stays in European and Canadian city centers. Comparable extended-stay, furnished-apartment product, but as a hospitality brand rather than an independent landlord.

Others

• Airbnb: Short-term rental marketplace connecting travelers with furnished accommodation hosts. Not a landlord but addresses overlapping end-customer demand for furnished short-to-medium-term urban stays in Montreal.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks5 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/rakottarealestate
• LinkedInlinkedin.com/company/rakotta

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Rakotta Real Estate