Montreal retail market report

H1 2024

Strong retail resurgence across Downtown Montréal

Retailers are taking advantage of profitable conditions such as increase level of return to office, larger food and beverage spending as well as increase tourism to invest in expansions, renovations, and pop-up shops, particularly along Sainte-Catherine Street and De Maisonneuve Boulevard, which are seeing a significant growth in traffic, despite the major construction work on Sainte-Catherine Street West.

Tourism increased since last year

Hotel occupancy and foreign tourism spending are both back to their pre-pandemic levels.

12.65%

Availability across the 980 storefronts of the retail corridors

While 124 storefronts are available, certain corridors already boast limited availability with no more than 3 or 4 locations.

$63.96

Average net asking across all downtown Montreal retail corridors

Net asking rent oscillates between a high of $142 on Sainte-Catherine W. and a low of $25 on De Maisonneuve W.

DOWNLOAD FULL REPORT

Your source for the latest Montreal retail market reports

Stay on top of current trends affecting the retail market in Montreal. Gain an overall better understanding of Montreal's retail market conditions, so you can better formulate strategies to overcome any obstacle and know how to best invest in the retail market in Montreal.

Here, you’ll always find the latest retail market news so you can stay ahead. Come back often to see expert insights on the current and future of Montreal's retail market.