Downtown CBD (trophy, ~C$52/sqft/yr · ≈ $38.5 PSF/yr USD) is one of 5 Montreal Class A submarkets we track.

  • Downtown CBD sits at trophy tier.
  • Average rent C$52/sqft/yr · ≈ $38.5 PSF/yr USD vs city average 38.
  • Compared submarkets: Mile-Ex & Marconi (prime), Griffintown & Old Port (prime), René-Lévesque West (prime).

Downtown CBD vs other Montreal submarkets

Downtown CBD (trophy, ~C$52/sqft/yr · ≈ $38.5 PSF/yr USD) is one of 5 Montreal Class A submarkets we track.

TL;DR

  • Downtown CBD sits at trophy tier.
  • Average rent C$52/sqft/yr · ≈ $38.5 PSF/yr USD vs city average 38.
  • Compared submarkets: Mile-Ex & Marconi (prime), Griffintown & Old Port (prime), René-Lévesque West (prime).

Side-by-side with peers

**Mile-Ex & Marconi** (prime, C$40/sqft/yr · ≈ $29.6 PSF/yr USD) — AI research and tech cluster. **Griffintown & Old Port** (prime, C$44/sqft/yr · ≈ $32.6 PSF/yr USD) — Repositioned waterfront creative submarket. **René-Lévesque West** (prime, C$42/sqft/yr · ≈ $31.1 PSF/yr USD) — Trophy expansion corridor. **West Island & Saint-Laurent** (established, C$28/sqft/yr · ≈ $20.7 PSF/yr USD) — Aerospace and tech belt.

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 other submarkets compete with Downtown CBD in Montreal?
Mile-Ex & Marconi, Griffintown & Old Port, René-Lévesque West

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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