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61 Rue Rachel O
Montréal, QC H2W 1G2
Land For Sale
·
0.76 AC
Investment Highlights
- Approved concept for a four-story building totaling approximately 33,174 sq. ft. for residential and commercial use.
- Existing infrastructure includes municipal water and sewer services for streamlined development readiness.
- Located in the high-demand Plateau-Mont-Royal district, minutes from Mont-Royal Metro station and McGill University.
Executive Summary
This site offers a rare development opportunity in Montréal’s Le Plateau-Mont-Royal borough, a vibrant cultural district known for its lively mix of residential and retail amenities. Spanning nearly 9,600 sq. ft., the parcel supports a redevelopment project for a four-story, ±33,174 sq. ft. building with a combination of residential and commercial uses. Positioned along Rue Rachel Ouest, the property enjoys significant pedestrian and vehicular visibility in one of the most walkable neighborhoods of Montréal.
The strategic location places this site steps from Jeanne-Mance Park, boutique shops, popular dining venues, and entertainment corridors. It is also within walking distance of the Mont-Royal Metro station, providing seamless connectivity to the downtown core and major urban hubs. Zoned for mixed-use development, the property is ideally suited for multi-residential units with ground-floor retail, catering to strong local demand for quality housing and vibrant street-level experiences. This is a compelling proposition for developers and investors targeting a market with low development inventory and sustained rental growth.
The strategic location places this site steps from Jeanne-Mance Park, boutique shops, popular dining venues, and entertainment corridors. It is also within walking distance of the Mont-Royal Metro station, providing seamless connectivity to the downtown core and major urban hubs. Zoned for mixed-use development, the property is ideally suited for multi-residential units with ground-floor retail, catering to strong local demand for quality housing and vibrant street-level experiences. This is a compelling proposition for developers and investors targeting a market with low development inventory and sustained rental growth.
Property Facts
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.76 AC |
| Property Type | Land |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.76 AC |
1 Lot Available
Lot
| Price | $3,291,112 USD | Lot Size | 0.76 AC |
| Price Per AC | $4,321,483.47 USD |
| Price | $3,291,112 USD |
| Price Per AC | $4,321,483.47 USD |
| Lot Size | 0.76 AC |
Description
The property at 61 Rue Rachel Ouest is a vacant lot situated on a well-trafficked urban corridor in Montréal’s Plateau-Mont-Royal neighborhood. The 9,577-square-foot parcel is municipally serviced and zoned for mixed residential and commercial development, allowing multi-story construction. Its location offers direct connectivity to public transit systems and is adjacent to parks and institutional nodes, making it suitable for mixed-use projects designed to capture urban residential demand within this established district.
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