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François Wang

François Wang
Certified Residential and Commercial Real Estate Broker

Cellular : 5143033011


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Commercial building/Office for sale, Montréal (Ville-Marie) |
$7,800,000 +GST/QST

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2024, Rue St-Denis, Montréal (Ville-Marie)
Centris No. 23118870

Well-established hotel for sale in the vibrant Quartier Latin area. 4-storey building featuring 27 rooms+a commercial space on the ground floor, offering multiple income streams and strong long-term potential. Prime location near Place-des-Arts, Quartier des Spectacles and Old Montreal, surrounded by 200+ restos, cafés and bars. Walking distance to Berri-UQAM and Sherbrooke metro stations and the Montreal Central Bus Station. Close to UQAM and McGill University, ensuring steady demand from tourists, students and business travelers. Zoning allows both residential and commercial uses, providing flexibility for future development or conversion.

Detailed information

Characteristics

Property Type
Commercial building/Office
Year of construction
1870
Type of building
Attached
Trade possible
Building dimensions
Living Area
Lot dimensions
Deed of Sale Signature
60 days
Zoning
Commercial
Pool
Water supply
Municipality
Parking (total)
Driveway
Roofing
Garage
Siding
Lot
Windows
Topography
Window Type
Distinctive Features
Energy/Heating
View
Basement
Proximity
Bathroom
Sewage system
Municipal sewer
Fees and taxes
School taxes :
$1,909 (2025)
Municipal Taxes :
$79,480 (2026)
Total
$81,389
Municipal evaluation
Year
2024
Lot
$941,200
Building
$2,724,100
Total
$3,665,300
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Addenda


A well-established hotel opportunity located in the vibrant

Quartier Latin area of downtown Montreal. This four-storey

property features 27 hotel rooms and a commercial space on

the ground floor, offering multiple revenue streams and

strong long-term operating potential. The business has been

operating for many years and benefits from a stable and

mature clientele base. The zoning also allows both

residential and commercial uses, creating additional

flexibility for future redevelopment, repositioning, or

mixed-use conversion.

The property enjoys an exceptional location at the

intersection of Montreal's cultural, tourism and academic

districts. Within walking distance are Place-des-Arts, the

Quartier des Spectacles and Old Montreal, attracting

millions of visitors every year. The surrounding

neighborhood is one of the city's most dynamic commercial

corridors, with more than 200 restaurants, cafés and bars,

as well as over 20 theatres, performance venues and

cultural institutions nearby. During the tourism season

from May to October, daily pedestrian traffic in the area

can reach 20,000 to 30,000 people, creating strong natural

visibility and consistent accommodation demand driven by

festivals and major cultural events.

Accessibility is another major advantage. The hotel is

located just minutes from Berri-UQAM and Sherbrooke metro

stations, and only a short 3 to 4 minute walk from the

Montreal Central Bus Station, providing convenient

connections for both domestic and international travelers.

The proximity to major educational institutions further

strengthens year-round occupancy. UQAM University is

located only a few hundred meters away and serves

approximately 40,000 students, while McGill University and

other nearby colleges generate additional demand from

visiting families, conferences and academic events.

With its strategic downtown location, steady tourism

traffic, strong student and visitor demand, and flexible

zoning allowing future development options, this property

represents a rare investment opportunity in one of

Montreal's most active hospitality and entertainment

districts.

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