Griffintown & Old Port is a prime-tier Class A submarket of Montreal with average asking rent around C$44/sqft/yr · ≈ $32.6 PSF/yr USD.
Repositioned waterfront creative submarket. · Tier: prime · Avg rent: C$44/sqft/yr · ≈ $32.6 PSF/yr USD
Griffintown and the Old Port anchor Montreal's principal repositioned waterfront submarket — converted warehouse Class A, deep restaurant base, and a strong creative and tech tenant mix.
Tech, creative agencies, advertising, design firms.
15–40,000 sqft floor plates available across newer Class A stock; 9'+ slab-to-slab and modern MEP common.
Bonaventure, Square-Victoria-OACI (Métro Orange).
Multi-modal transit captures the metro's principal professional catchment.
Old Port, Lachine Canal, Griffintown restaurants.
Griffintown & Old Port is one of 5 Class A submarkets we cover in Montreal, classified as prime tier with an average asking rent around C$44/sqft/yr · ≈ $32.6 PSF/yr USD. Compared with the broader Montreal Class A stock, Griffintown & Old Port typically attracts Tech, creative agencies, advertising, design firms and competes most directly with the city's other prime submarkets on building specification, transit access, and amenitisation.
Adjacent submarkets to study alongside Griffintown & Old Port: Downtown CBD, Mile-Ex & Marconi, René-Lévesque West, West Island & Saint-Laurent. The full Montreal submarket atlas is at /cities/montreal.
For an institutional Class A occupier evaluating Griffintown & Old Port, the highest-leverage analyses to commission next are the rent benchmark, the concession-package comparable, and the ESG performance baseline. Class A Atlas covers each as a dedicated topic page for this submarket:
Terminology specific to Montreal Class A leasing and to the prime tier: Class A, Trophy asset, Effective rent, Concession package, TI allowance, Submarket tier.
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.