For Sale: Prime Commercial Space in Plateau-Mont-Royal, Montreal

Prime Montreal Land Offering Significant Development Potential

Montreal, Canada – A Rare opportunity has surfaced in the highly coveted Plateau-Mont-Royal neighborhood, presenting a unique chance for developers and investors. The property, situated on a substantial 12,000+ square foot lot, is poised for either a substantial residential project or a strategic commercial expansion.

Property Details and Location

The existing structure currently houses five offices and two expansive conference rooms, accompanied by the convenience of fourteen private parking spaces. Its prime location, mere steps from the picturesque Parc La Fontaine and the Sherbrooke metro station, adds significant value and accessibility.

Proximity to key institutions further enhances its appeal, with easy access to UQAM, ITHQ, CHUM and Notre-Dame Hospital, the Grande Bibliothèque, and the bustling downtown core of montreal. This strategic positioning makes the property ideal for a variety of ventures.

Did You Know? the Plateau-Mont-Royal consistently ranks as one of Montreal’s most desirable neighborhoods, known for its vibrant culture, architectural beauty, and high quality of life.

key Property features

Feature	Details
Land Size	Over 12,000 sq. ft.
Building Components	5 Offices, 2 Conference Rooms
Parking	14 Private Spaces
Proximity	Parc La fontaine, Sherbrooke Metro

Investment Potential and Market Outlook

According to recent reports from the Canadian Real Estate Association (CREA), Montreal’s real estate market remains robust, with continued demand in central neighborhoods like the Plateau-Mont-Royal. CREA’s latest data suggests a continued upward trend in property values in the area,making this a perhaps lucrative investment. The adaptability to pursue residential or commercial development adds further layers of opportunity.

Pro Tip: Before making any investment,it’s crucial to conduct thorough due diligence,including environmental assessments and legal reviews.

The sale is subject to certain exclusions of legal warranty, and interested parties are strongly encouraged to consult with their legal counsel for complete details.

This extraordinary property presents a compelling opportunity for builders, developers, or investors looking to establish a presence in one of Montreal’s most sought-after locations. Will this property unlock the next phase of development in Plateau-Mont-Royal? What type of project would best complement the neighborhood’s unique character?

Understanding Montreal’s Real Estate Landscape

Montreal’s real estate market is characterized by a blend of historic charm and modern development. The Plateau-Mont-Royal, specifically, is known for its iconic architecture, leafy streets, and strong sense of community. Understanding these dynamics is crucial for anyone considering investment in the area.

Frequently Asked Questions

• What makes this Plateau-Mont-Royal property a good investment? It offers a large lot size, prime location, and potential for multiple development types (residential or commercial).
• What is the current status of the building on the property? The building currently includes five offices, two conference rooms, and fourteen parking spaces.
• Are there any limitations on what can be built on this land? the sale is subject to certain exclusions of legal warranty, requiring due diligence.
• What key amenities are nearby? The property is near Parc La Fontaine, Sherbrooke Metro, UQAM, and various healthcare and cultural institutions.
• What is the outlook for Montreal’s real estate market? CREA reports continued demand and rising property values in Montreal, signaling a positive outlook.

Share your thoughts on this exciting development opportunity in the comments below!

What are the typical net operating income (NOI) ranges for comparable commercial properties in the Plateau-Mont-Royal?

Understanding the Plateau-Mont-Royal Commercial Real Estate Market

The Plateau-Mont-Royal is one of Montreal’s most vibrant and sought-after neighbourhoods. Its unique blend of historic architecture, bustling commercial streets, and a diverse population makes it an ideal location for businesses. Currently, several commercial spaces for sale in Plateau-Mont-Royal offer extraordinary investment opportunities.Understanding the nuances of this market is crucial for potential buyers. Key factors driving demand include:

* High Foot Traffic: Streets like Saint-Denis, Mont-Royal avenue, and Laurier Avenue West consistently experience high pedestrian traffic, vital for retail and service businesses.

* Strong Local Economy: The Plateau boasts a thriving local economy,supported by a mix of self-reliant boutiques,restaurants,and professional services.

* Desirable Demographics: A young, educated, and affluent population contributes to a robust consumer base.

* Limited Availability: The historic nature of the neighbourhood means new commercial construction is limited,increasing the value of existing properties.

Available Commercial property Types

The Plateau-Mont-Royal commercial real estate market offers a variety of property types to suit different business needs. these include:

* Retail Spaces: Ideal for boutiques, cafes, restaurants, and specialty stores. Frequently enough found on ground floors with large storefront windows.

* Office Spaces: Suitable for professional services,creative agencies,and startups. Available in various sizes, from small suites to entire buildings.

* Mixed-Use Properties: Combining retail and residential units,offering potential for both income generation and owner-occupancy.

* Warehouses/Light Industrial: While less common, some converted warehouse spaces are available, catering to businesses requiring storage or light manufacturing.

Key Streets & Areas for Commercial Investment

Certain streets within the Plateau-Mont-Royal command higher prices and offer greater visibility. Here’s a breakdown:

* Saint-Denis Street: Known for its lively atmosphere,diverse shops,and restaurants.Commercial property for sale on Saint-Denis is highly competitive.

* Mont-Royal Avenue West: A major commercial artery with a mix of national retailers and local businesses.

* Laurier Avenue West: Upscale boutiques,gourmet food stores,and popular restaurants define this street. Commercial real estate on Laurier Avenue represents a premium investment.

* Parc-La Fontaine Area: increasingly popular with cafes and smaller businesses, offering a more relaxed atmosphere.

* Rachel Street East: Emerging as a hub for creative businesses and independent shops.

investment Considerations: Costs & Regulations

Before investing in commercial space in Montreal’s Plateau, consider these factors:

1. Property Taxes: Montreal property taxes can be notable. Factor these into your operating costs.
2. Renovation costs: Many Plateau buildings are historic and may require renovations to meet modern standards.
3. Zoning Regulations: The Plateau has specific zoning regulations governing commercial activities. Ensure your intended use is permitted. Consult the Ville de Montréal website for detailed zoning information.
4. Lease Agreements (if applicable): If purchasing a property with existing tenants, carefully review the lease agreements.
5. financing Options: Explore commercial mortgage options from banks and credit unions.
6. Legal Fees: Budget for legal fees associated with the purchase agreement and property transfer.

Recent Sales & Market Trends (2024-2025)

The Plateau-Mont-Royal commercial market has seen steady growth in recent years.According to data from the Montreal Real Estate Board (as of Q3 2025), average prices per square foot for commercial properties have increased by 8% compared to the previous year.

* Retail spaces are averaging $450 – $600 per square foot.

* Office spaces range from $300 – $450 per square foot.

* Mixed-use properties command the highest prices, often exceeding $600 per square foot.

Demand remains strong,particularly for well-located properties with high visibility. A notable sale in Q2 2025 involved a former bakery on Saint-denis Street, which sold for $1.2 million, demonstrating the continued appeal of prime locations.

Benefits of Investing in Plateau-Mont-Royal Commercial Real Estate

Investing in commercial property Plateau-Mont-Royal offers several advantages:

* High Rental Income Potential: The strong demand for commercial space allows landlords to command competitive rental rates.

* Long-Term Recognition: The Plateau’s desirable location and limited supply suggest continued property value appreciation.

* Diversification: Commercial real estate can diversify your investment portfolio.

* Tax Benefits: Potential tax deductions related to property ownership and operating expenses.

* Strong Tenant Base: Attract stable, long-term tenants with established businesses.

Finding the Right Commercial Space: Working with a Broker

Navigating the Plateau-Mont-Royal commercial real estate market can be complex.Working with an experienced commercial real estate broker is highly recommended. A broker can:

* Identify suitable properties: Based on your specific business needs and investment goals.

* Negotiate purchase agreements: Secure the best possible price and terms.

* **Conduct