Real estate in Griffintown
In Griffintown, condominiums dominate almost the entire market, with a massive supply of new condos along the Lachine Canal. This is a sector where you need to read building by building: two neighboring towers can display very different prices, condo fees, and resale timelines. Current month conditions are shown in the table below.
Griffintown
Every month, David Tardif publishes a residential market tension score out of 100 for Montreal Island, backed by weekly bulletins. Public methodology, Centris sources, full transparency.
Which way is the market leaning in Griffintown?
I knew Griffintown when it was a no man’s land: a neglected industrial neighborhood I patrolled at night as a police officer. Watching it be reborn almost overnight is fascinating. It’s not perfect yet, but witnessing this development — and the emergence of a real neighborhood life, with its own dynamism — is something unique.
That said, for a broker, Griffintown remains a market apart on the island: almost everything is condominium, and a significant portion of units is new or recent. For a buyer as well as a seller, the real question is not just “which neighborhood,” but “which building.” Two side-by-side towers can have completely different condo fees, contingency funds, rental rules, and resale reputations.
It’s also a market sensitive to supply: when a new project delivers hundreds of units, it influences the resale of neighboring buildings. An investor buying to rent and an owner-occupant seeking their canal view don’t have the same strategy, nor the same risk assessment.
My job is to bring every decision back to facts: actual comparable sales from the building and sector, fees, and Tardif Index data — not listed prices or the allure of a model unit.
— David Tardif, Real Estate Broker (OACIQ, License E2815), Founder of Endurance Groupe Immobilier par Tardif
Sectors in Griffintown
The Heart of Griffintown — The Towers
The center of the neighborhood, around Ottawa, William, and Peel streets, where mid- and high-rise condo towers and the District Griffin hub are concentrated. Studios, one- to two-bedroom units, services at the building’s base: this is the densest Griffintown, most sought after by young professionals and investors. In short: Ottawa, William, Peel streets · recent condo towers · District Griffin · young professional and investor profile.
The Lachine Canal Waterfront
The center of the neighborhood, around Ottawa, William, and Peel streets, where mid- and high-rise condo towers and the District Griffin hub are concentrated. Studios, one- to two-bedroom units, services at the building’s base: this is the densest Griffintown, most sought after by young professionals and investors. In short: Ottawa, William, Peel streets · recent condo towers · District Griffin · young professional and investor profile.
Notre-Dame Street West
Along Notre-Dame Street West, the atmosphere changes: renowned restaurants, cafés, antique dealers, and design boutiques sit alongside lofts and smaller-scale projects. A sector with strong identity value, on the border of Old Montreal. In short: Notre-Dame Street West · restaurants, antique dealers, design · lofts · strong identity value · proximity to Old Montreal.
West Griffintown — Under Development
To the west, toward Little Burgundy and Georges-Vanier station, a newer sector where new projects continue to emerge. Often a slightly more accessible entry point for those seeking the Griffintown lifestyle. In short: toward Little Burgundy · Georges-Vanier metro · new projects · often more accessible · under development.
Neighbourhood profile
Neighborhood Character A former Irish working-class suburb and Montreal’s industrial heart in the 19th century, Griffintown is now the city’s densest new condominium neighborhood, in the Sud-Ouest borough, between downtown and the Lachine Canal. Condominiums dominate almost the entire market — from studios to penthouses with water views. It’s a neighborhood of young professionals, investors, and urban lifestyle enthusiasts, marked by sustained new construction and strong rental demand. Transportation Griffintown is bordered by Bonaventure and Lucien-L’Allier stations (orange line) and served by the Griffintown–Bernard-Landry REM station, which reaches Central Station in minutes. Add several bus lines, BIXI stations, the Lachine Canal bike path, and quick access to the Bonaventure and Ville-Marie highways. Downtown and Old Montreal are within walking distance. Shops & Services Notre-Dame Street West concentrates renowned restaurants, cafés, antique dealers, and design boutiques. The neighborhood also has grocery stores, gyms, and services at the base of towers, while the Old Port, Old Montreal, and Atwater Market — one of the city’s major public markets — are minutes away. Schools & Parks The Sud-Ouest’s school offering continues to develop to support the neighborhood’s growth. For outdoor space, Griffintown relies on the Lachine Canal and its linear park, Bassin-à-Gravier Park and Faubourg-Sainte-Anne Park, as well as immediate proximity to the Old Port and its waterfront.
Frequently asked questions — real estate in Griffintown
Is Griffintown a good area to invest in a rental condo?
Griffintown is one of Montreal’s most active rental markets, driven by a young professional clientele and proximity to downtown. Returns depend heavily on the building, condo fees, and rental rules. Any project benefits from validation against actual comparables with an OACIQ broker.
How much does a condo in Griffintown cost?
Condominiums dominate the market, from studios to penthouses with canal views. Prices vary significantly from one building and project to another. Current month conditions are shown in the market table above. Source: Centris data, compiled by Endurance Groupe Immobilier par Tardif.
Why is the choice of building so important in Griffintown?
Because it’s a condo tower market where not all projects perform the same way: construction quality, condo fees, contingency funds, views, rental rules, and resale pace vary from one building to another. The analysis is done building by building, not just neighborhood by neighborhood.
Is Griffintown suitable for families?
Griffintown is primarily a condominium and young professional neighborhood, but the supply of larger units and local services is expanding. Families find walkability, the Lachine Canal, and access to downtown, with a school offering still developing in the Sud-Ouest.
Is Griffintown well served by transportation?
Yes: Bonaventure and Lucien-L’Allier stations (orange line) are nearby, the Griffintown–Bernard-Landry REM station serves the neighborhood, and there are bus lines, BIXI, and the Lachine Canal bike path. Downtown is within walking distance.
What are the sectors of Griffintown?
Griffintown can be read as four micro-markets: the heart of Griffintown and its towers (Ottawa, William, Peel streets); the Lachine Canal waterfront and its waterfront premium; the Notre-Dame Street West hub (restaurants, design, lofts); and the west of the neighborhood, under development, toward Little Burgundy. Each has its own prices and dynamics.
Get updates on the market in Griffintown
A question about the Griffintown market? Speak with David Tardif, real estate broker (OACIQ)
David Tardif
Sources: Centris data, compiled by “Endurance Groupe Immobilier by Tardif”. No APCIQ / Barometer data is reproduced. The Tardif Index complements the Centris HPI and APCIQ statistics. Full methodology: enduranceimmobilier.com/indice-tardif/methodologie.