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Executive Summary

Located in Montréal’s Ville-Marie borough, within the vibrant Quartier Latin, the offering consists of two strategically positioned three-storey buildings at 323–325 and 329 Ontario Street East, presenting a rare mixed-use investment opportunity. Both buildings feature three floors above ground and fully finished basements.
323–325 Ontario Street East (5,441 SF) includes two commercial spaces, with a bar located in the basement and a bar school at ground level (RDC), while residential units occupy the upper floors. 329 Ontario Street East (4,144 SF) is a multifamily property currently leased under a long-term master lease to a short-term rental operator and operated as tourist accommodation (auberge / tourist lodging) with the required permit in place. The building’s residential units feature spacious layouts averaging approximately 1,000 SF, with generous living areas that enhance their suitability for accommodation use. The property benefits from purpose-built improvements funded by
the tenant, supporting the current hospitality operation while resulting in minimal management requirements for ownership.
Together, the buildings comprise eight units (six residential and two commercial) on a 4,811-SF lot. Originally built in 1870 and recently renovated, the asset blends historic character with modern upgrades.

Property Facts

Price $4,250,000 CAD
Price / SF $520.00 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 8,173 SF
Total Land Area 0.14 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
323-325 Rue Ontario E, Montréal, QC H2X 1H7 Retail 5,441 SF 1870 -
329 Rue Ontario E, Montréal, QC H2X 1H7 Retail 2,732 SF 1870 -
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  • Listing ID: 39788890

  • Date on Market: 2026-03-16

  • Last Updated:

  • Address: Mixed-Use Portfolio Sale, Montréal, QC

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