Avison Young lists landmark YMCA property in downtown Montréal

Montréal, Québec – Global commercial real estate advisor, Avison Young, announces for sale a large-scale mixed-use repositioning and redevelopment opportunity in the downtown YMCA building.

At 1435 Drummond and 1440 Stanley, the site is at the heart of the city, immediately north of Sainte-Catherine Street West and adjacent to Peel métro station. Situated within Montréal’s Golden Square Mile and central business district, this is a premium location surrounded by major institutions, luxury hospitality assets, prime retail corridors, universities, and significant recent residential development. 

“This is a rare opportunity to reposition a significant downtown Montréal asset within one of the city’s most dynamic and rapidly evolving districts,” said Mark Sinnett, Principal, Executive Vice President and Head of Québec Capital Markets, Avison Young. “1435 Drummond & 1440 Stanley offers investors and developers the ability to redefine a core downtown block through a transformative mixed-use vision, aligned with the continued evolution of Montréal’s urban landscape.”

The prominent property comprises approximately 147,927 square feet across a six-storey mixed-use construction. Strategically positioned in Montréal’s downtown core, this location benefits from direct access to major transit infrastructure, including the STM métro network, the REM, and the city’s extensive pedestrian and cycling systems.

Owned by YMCA Québec, the site features flexible zoning for mixed-use development with a maximum density of 12x and allowable building heights of up to 155 metres. It is being offered as part of the organization’s long-term strategic transformation initiative. The YMCA is seeking a buyer capable of contributing positively to the neighbourhood through a mixed-use project incorporating residential, commercial, and office components.