Mile-Ex & Marconi (prime, ~C$40/sqft/yr · ≈ $29.6 PSF/yr USD) is one of 5 Montreal Class A submarkets we track.

  • Mile-Ex & Marconi sits at prime tier.
  • Average rent C$40/sqft/yr · ≈ $29.6 PSF/yr USD vs city average 38.
  • Compared submarkets: Downtown CBD (trophy), Griffintown & Old Port (prime), René-Lévesque West (prime).

Mile-Ex & Marconi vs other Montreal submarkets

Mile-Ex & Marconi (prime, ~C$40/sqft/yr · ≈ $29.6 PSF/yr USD) is one of 5 Montreal Class A submarkets we track.

TL;DR

  • Mile-Ex & Marconi sits at prime tier.
  • Average rent C$40/sqft/yr · ≈ $29.6 PSF/yr USD vs city average 38.
  • Compared submarkets: Downtown CBD (trophy), Griffintown & Old Port (prime), René-Lévesque West (prime).

Side-by-side with peers

**Downtown CBD** (trophy, C$52/sqft/yr · ≈ $38.5 PSF/yr USD) — Trophy stock at Place Ville Marie. **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
submarketMile-Ex & Marconi
tierprime
averageRentLocalC$40/sqft/yr · ≈ $29.6 PSF/yr USD
cityClassARentUsd$28/sqft/yr
cityVacancyPct18.6%

Frequently asked questions

What other submarkets compete with Mile-Ex & Marconi in Montreal?
Downtown CBD, 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.

Primary sources for this page

Full sources index · Submit a correction

Related topics