Downtown CBD is a trophy-tier Montreal submarket with average asking rent around C$52/sqft/yr · ≈ $38.5 PSF/yr USD.

  • Average asking rent: C$52/sqft/yr · ≈ $38.5 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: C$38/sqft/yr · ≈ $28.1 PSF/yr USD ($28 USD).
  • Citywide vacancy: 18.6% — submarket-level availability is typically tighter at trophy tier.

Downtown CBD, Montreal office rents and availability

Downtown CBD is a trophy-tier Montreal submarket with average asking rent around C$52/sqft/yr · ≈ $38.5 PSF/yr USD.

TL;DR

  • Average asking rent: C$52/sqft/yr · ≈ $38.5 PSF/yr USD.
  • Tier: trophy.
  • Citywide Class A rent context: C$38/sqft/yr · ≈ $28.1 PSF/yr USD ($28 USD).
  • Citywide vacancy: 18.6% — submarket-level availability is typically tighter at trophy tier.

Where rent sits

Downtown CBD averages around C$52/sqft/yr · ≈ $38.5 PSF/yr USD for Class A, against a citywide Class A index of 38. As a trophy submarket, rent runs above the city average and availability is structurally tight.

Availability dynamics

Trophy stock at Place Ville Marie. Banking, law, professional services, energy, government.

Key facts

cityMontreal
submarketDowntown CBD
tiertrophy
averageRentLocalC$52/sqft/yr · ≈ $38.5 PSF/yr USD
cityClassARentUsd$28/sqft/yr
cityVacancyPct18.6%

Frequently asked questions

What is the average Class A rent in Downtown CBD, Montreal?
Around C$52/sqft/yr · ≈ $38.5 PSF/yr USD. The citywide Class A index sits at C$38/sqft/yr · ≈ $28.1 PSF/yr USD.

Related

Editorial provenance

Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.

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