About |
Offices |
People |
News |
Contact |
REALTrac™ |
Market Research

Properties
 


Montreal, Quebec, Canada

Metropolitan Area Economic Overview
Calculations for all indices were provided by SRC, LLC

Market Research provided by NAI Commercial Montreal, 2008
Last Updated: 28-Feb-2008
Market Overview
Print This Page
Market Research

* Click on each category for a detailed definition.

RENT/SF/YEAR RENT/SF/YEAR
Low High Effective Avg. Low High Effective Avg. Vacancy Investment Yield
Downtown Office
New Construction (AAA) CDN 32.00 CDN 38.00 N/A $ 27.79 $ 33.00 N/A 8.0% 6.5%
Class A (Prime) CDN 22.00 CDN 32.00 N/A $ 19.10 $ 27.79 N/A 11.0% 7.8%
Class B (Secondary) CDN 16.00 CDN 20.00 N/A $ 13.89 $ 17.37 N/A 12.0% 8.8%
 
Suburban Office
New Construction (AAA) CDN 24.00 CDN 28.00 N/A $ 20.84 $ 24.31 N/A N/A 7.0%
Class A (Prime) CDN 18.00 CDN 22.00 N/A $ 15.63 $ 19.10 N/A 10.5% 8.0%
Class B (Secondary) CDN 10.00 CDN 16.00 N/A $ 8.87 $ 13.89 N/A 12.5% 9.0%
 
Industrial
Bulk Warehouse CDN 4.25 CDN 6.00 N/A $ 3.69 $ 4.84 N/A 5.0% 8.0%
Manufacturing CDN 4.00 CDN 5.00 N/A $ 3.47 $ 4.60 N/A 6.0% 8.5%
High Tech / R&D CDN 7.00 CDN 9.00 N/A $ 6.08 $ 7.82 N/A 5.5% 8.3%
 
Retail
Downtown CDN 65.00 CDN 250.00 N/A $ 56.44 $ 217.11 N/A 4.0% 7.0%
Neigborhood Service Centers CDN 12.00 CDN 20.00 N/A $ 10.40 $ 17.37 N/A 6.0% 8.5%
Community Power Center CDN 21.00 CDN 28.00 N/A $ 18.24 $ 24.31 N/A 3.0% 7.5%
Regional Malls CDN 35.00 CDN 50.00 N/A $ 30.39 $ 43.42 N/A 7.0% 6.5%

Development Land Low/SF High/SF Low/SF High/SF
Office in CBD (per buildable SF) CDN 6.00 CDN 12.00 $ 5.00 $ 10.00
Land in Office Parks CDN 5.00 CDN 10.00 $ 4.00 $ 9.00
Land in Industrial Parks CDN 4.00 CDN 9.00 $ 3.00 $ 8.00
Office/Industrial Land - Non-park CDN 4.00 CDN 12.00 $ 3.00 $ 10.00
Retail/Commercial Land CDN 8.00 CDN 18.00 $ 7.00 $ 16.00
Residential CDN 6.00 CDN 20.00 $ 5.00 $ 18.00

Conversion .964CDN = 1 US$


 

Home | Contact Us | Privacy Policy | Site Admin Build on the power of our network™ 1 609 945 4000
NAI Global® is not affiliated with the Appraisal Institute®, or its MAI designation.