Griffintown & Old Port (prime, ~C$44/sqft/yr · ≈ $32.6 PSF/yr USD) is one of 5 Montreal Class A submarkets we track.
Griffintown & Old Port (prime, ~C$44/sqft/yr · ≈ $32.6 PSF/yr USD) is one of 5 Montreal Class A submarkets we track.
**Downtown CBD** (trophy, C$52/sqft/yr · ≈ $38.5 PSF/yr USD) — Trophy stock at Place Ville Marie. **Mile-Ex & Marconi** (prime, C$40/sqft/yr · ≈ $29.6 PSF/yr USD) — AI research and tech cluster. **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.
| city | Montreal |
|---|---|
| submarket | Griffintown & Old Port |
| tier | prime |
| averageRentLocal | C$44/sqft/yr · ≈ $32.6 PSF/yr USD |
| cityClassARentUsd | $28/sqft/yr |
| cityVacancyPct | 18.6% |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.