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450 Rue Sainte-Hélène 28,930 SF 86% Leased Office Building Montréal, QC H2Y 2L2 For Sale
INVESTMENT HIGHLIGHTS
- Stable, long-term revenue stream: The master lease with Sonder ensures predictable cash flow, minimizing operational risks for ownership.
- The self-sufficient hospitality model eliminates the need for intensive management, providing a passive income opportunity.
- Prime location in a high-demand market
- Strong market fundamentals
EXECUTIVE SUMMARY
Located in the heart of Old Montreal, 450 Sainte-Hélène Street is a 33,864 SF boutique property that was beautifully renovated in 2018. Offering a seamless blend of European heritage and modern sophistication, it is surrounded by iconic landmarks such as Notre-Dame Basilica, the Old Port, and Place Jacques-Cartier.
The property features 36 apartment-hotel units and a ground-floor commercial space with dedicated street access. A master lease with Sonder guarantees a stable, long-term income stream, making it a prime investment opportunity in Old Montreal’s booming hospitality market.
With its historic charm enhanced by modern upgrades, 450 Sainte-Hélène Street stands as a rare offering—where heritage meets contemporary living in one of Montreal’s most dynamic districts.
The property features 36 apartment-hotel units and a ground-floor commercial space with dedicated street access. A master lease with Sonder guarantees a stable, long-term income stream, making it a prime investment opportunity in Old Montreal’s booming hospitality market.
With its historic charm enhanced by modern upgrades, 450 Sainte-Hélène Street stands as a rare offering—where heritage meets contemporary living in one of Montreal’s most dynamic districts.
PROPERTY FACTS
Sale Type
Investment
Sale Condition
Redevelopment Project
Property Type
Office
Building Size
28,930 SF
Building Class
B
Year Built
1943
Percent Leased
86%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
5,786 SF
Building FAR
4.74
Lot Size
0.14 AC
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
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- Accommodation and Food Services
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- -
-
Jan 0000
Short-term rental provider focused on urban locales. Ceased ongoing operations and started liquidation process November 2025 after failed integration with Marriott International.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
|
|
Accommodation and Food Services | - | - | Jan 0000 |
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Walk Score®
Walker's Paradise (100)
Transit Score®
Rider's Paradise (94)
Bike Score®
Biker's Paradise (90)
CONTACTS
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Adamo Mariani -
Jesse Di Gennaro -
Philippe Moisan -
Roberto Roselli -
Marcus & Millichap
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
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450 Rue Sainte-Hélène
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