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350 Rue Notre-Dame E 5,134 SF 100% Leased Retail Building Montréal, QC H2Y 1B7 $3,500,000 CAD ($681.73 CAD/SF)



Investment Highlights
- Prime Old Port location in the Ville-Marie borough of Montréal.
- Architectural details include 14-foot ceilings and distinctive round commercial windows.
- Features seven leased residential units and two commercial spaces on the ground floor.
Executive Summary
Situated in the heart of Old Montréal, this semi-commercial property offers a rare investment opportunity in one of the city’s most sought-after neighborhoods. Priced at $3,500,000 (plus GST/QST), the asset combines heritage architecture with income stability, featuring seven fully leased residential units and two ground-floor commercial spaces. The property’s historic character is underscored by features such as soaring 14-foot ceilings and iconic round windows that infuse the commercial areas with distinctive charm.
With an annual effective gross revenue projected at $203,940 for 2026 and zoning that supports both residential and commercial uses, this property provides diversified income streams in a location bustling with tourism and business activity. The surrounding Old Port district attracts strong foot traffic from visitors and locals alike, benefiting businesses and reinforcing residential demand. Access to major downtown arteries, public transportation, and cultural landmarks makes this a high-visibility, high-demand area for long-term appreciation and steady cash flow.
With an annual effective gross revenue projected at $203,940 for 2026 and zoning that supports both residential and commercial uses, this property provides diversified income streams in a location bustling with tourism and business activity. The surrounding Old Port district attracts strong foot traffic from visitors and locals alike, benefiting businesses and reinforcing residential demand. Access to major downtown arteries, public transportation, and cultural landmarks makes this a high-visibility, high-demand area for long-term appreciation and steady cash flow.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
5,134 SF
Building Class
B
Year Built
1952
Price
$3,500,000 CAD
Price Per SF
$681.73 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
3 Stories
Slab To Slab
11’
Building FAR
2.72
Lot Size
0.04 AC
Zoning
M.5C
Frontage
37’ on Notre-dame St
Amenities
- Bus Line
- Metro/Subway
- Signage
Exceptionally walkable
100/100
Moderately drivable
60/100
Exceptional public transit
100/100
Moderately bikeable
70/100
Nearby Major Retailers
1 of 4
Videos
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Photos
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350 Rue Notre-Dame E
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