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Investment Highlights

  • Full-block property in the Peter-McGill district, located between Drummond and Stanley streets.
  • Surrounded by vibrant commercial, hospitality, and cultural amenities that attract consistent foot traffic.
  • Steps from Peel metro station and within walking distance to major retail along Sainte-Catherine Street.
  • Represents a generational opportunity to redefine an iconic property within Montréal’s urban core.

Executive Summary

Avison Young has announced this as a rare chance to reposition and redevelop a significant property in the heart of downtown Montréal. The existing YMCA building, which spans a full block between Stanley and Drummond streets just north of Sainte-Catherine, offers investors and developers the ability to transform a core urban asset into a mixed-use destination. Current structures occupy valuable land within one of Montréal’s most active and evolving districts, where demand for innovative residential, retail, hospitality, and office experiences continues to rise.
This property is strategically located steps from prominent retail along Sainte-Catherine Street, high-end hotels, major office towers, vibrant entertainment venues, and robust public transit options including Peel metro station. Nearby arterial roads provide excellent connectivity throughout the core, making it optimal for high-density use. The repositioning vision just announced by Avison Young encourages a dynamic mixed-use approach aligned with downtown Montréal’s growth trajectory, offering exceptional upside in an urban setting undergoing dramatic transformation.

Property Facts

Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Retail
Property Subtype
Health Club
Building Size
147,928 SF
Building Class
B
Year Built
1957
Tenancy
Single
Building Height
5 Stories
Building FAR
5.22
Lot Size
0.65 AC
Frontage
151’ on Drummond St

Amenities

  • Bus Line
  • Metro/Subway
  • Signage
Exceptionally walkable
100/100
Fairly drivable
40/100
Exceptional public transit
100/100
Moderately bikeable
70/100

Nearby Major Retailers

Anytime Fitness
Starbucks
Second Cup Cafe
Tim Hortons
Tempo
TD Canada Trust
Banque Scotia
CIBC
BMO
Royal Bank of Canada
  • Listing ID: 40600731

  • Date on Market: 2026-05-20

  • Last Updated:

  • Address: 1435 Rue Drummond, Montréal, QC H3G 1W4

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