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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.
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 | $3,105,068 USD | Number of Properties | 2 |
| Price / SF | $379.92 USD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 8,173 SF |
| Status | Active | Total Land Area | 0.14 AC |
| Price | $3,105,068 USD |
| Price / SF | $379.92 USD / 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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