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National Housing Strategy

Prime development opportunity in Montréal — 1,400 units

Located on the edge of the Peel Basin in Montréal, Quebec, this mixed-use site offers 298,000m² of new development opportunity. The project will feature high-rise residential apartments, comprising 80% of the total area, with a minimum of 1,400 units to be constructed.

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IMPORTANT

Your application must be submitted before noon (ET) on August 8, 2025.

The redevelopment project, on the edge of the Peel Basin Montréal, is planned to transform this former industrial site into a mixed-use site for 298,000m² of new development, 80% being high rise residential apartments.

The parcels identified in the request for expression of interest are known as the phase 1 of the project and can be subdivided into up to 5 parcels. Individual parcels must have a minimum of 250 units, maximum of 700 units and a minimum of 1,400 units must be built overall. The ground floor of the buildings must be partially used for non-residential purposes, principally with retail, artist workshops and community uses.

The City of Montréal recently approved a planning document for the sector, the “Plan directeur de mise en valeur Bridge Bonaventure”, however a zoning change will be required to permit residential use at this site.

This property is being offered by the Canada Lands Company through the Federal Lands Initiative.

Property Photos

 Federal Lands Initiative Property image
 Federal Lands Initiative Property image
 

Property Location

Property Description

Land Identifier:

QC_MTL_L002

Property Address:

Oak Street, Montréal, QC

Offering:

99-year Emphyteutic lease or Sale of superficies

Legal Description:

4 657 481, 4 657 482, 4 657 483, 4 657 484, 4 657 485, 4 657 487, 6 277 492, 6 277 493, 6 277 494

Site Area:

22,132m2 (216,699ft2) in provisional lots

Services:

Services are available at the street. The building will be served by the district energy network.

Official Plan:

Mixed use

Zoning:

Existing zoning will need to be modified to allow for residential use.

Improvements: 

None

PRO TIP

Request the Property Application Guide for more details on requirements.

Minimum requirements

Interested applicants must demonstrate in their response to this request for expression of interest how they will meet or exceed the following minimum requirements:

1. Affordability

Rents for at least 30% of the units must be less than 80% of the median market rent, for a minimum of 99 years.

Median Market Rent (MMR) means the median market rent for the regional market and unit type of the project as described in CMHC’s rental market survey or any successor publication published from time to time.

In planning the affordability component of their project, proponents must ensure rents for affordable units are less than 80% or less of the median market rents as outlined below:

  • Bachelor: $1,207
  • 1 Bedroom: $1,500
  • 2 Bedroom: $1,846
  • 3 Bedroom: $1,738 

2. Accessibility

Proponents must demonstrate that their projects are designed to meet or exceed one of the following options:

Option 1: At least 20% of units must meet accessibility standards outlined in CSA B651:23/652:23 OR achieve Rick Hansen Foundation GOLD Accessibility Certification (for projects seeking Rick Hansen Foundation certification, a rating score of 5 points for feature 9.11.1 is required) AND all common areas must be barrier-free

OR

Option 2: the entire project — including common areas and dwelling units — must follow full universal design standards.

3. Energy efficiency

New projects are required to achieve either Tier 2 of the 2020 National Energy Code for Buildings (NECB) or Tier 3 of the 2020 National Building Code (NBC).

4. Experience

Proponents must demonstrate that the necessary experience in development, construction and operation of projects of similar size. Proponents are permitted to acquire this experience by engaging third parties.

To qualify, the proponent must demonstrate that they comply with the following:

  • Previous experience developing large projects (min 5,000m²) in the Montréal downtown (Ville Marie, Sud-Ouest, Plateau Mont-Royal, Rosemont-La Petite Patrie, Mercier-Hochelaga-Maisonneuve) and a capacity to navigate the local political, administrative and technical constraints.
  • Administrative and financial capacity to undertake projects of a minimum of 250 units and be capable of depositing plans for permit in 2026.
  • A portfolio of owned existing residential units and/or completed residential projects comprising a minimum of 300 residential units

Your request for expression of interest response must include the following items:

  • A signed copy of the expression of interest
  • An explanation (on the applicant’s letter head) for each minimum requirement outlined above, as to how the applicant intends to meet and/or exceeds each minimum requirement and a confirmation that the applicant will comply with the experience requirements outlined in above.

RESOURCES

Explore our application resources:

  • Request for expression of interest (PDF)
  • Expression of interest (PDF)
  • 2020 National Energy Code for Buildings
  • 2020 National Building Code

ABOUT THIS REQUEST FOR EXPRESSION OF INTEREST

The purpose of this request for expression of interest is for CMHC and CLC to identify potential applicants who are interested in acquiring ownership or acquiring an emphyteutic lease in all or part of the subject property. The goal is to create an affordable housing project that will meet or exceed certain minimum requirements set out by CMHC and CLC.

The Federal Lands Initiative is open, but not limited, to the following groups:

  • Community housing organizations
  • Non-profit organizations or registered charities
  • Co-operative housing organizations
  • Municipal, provincial and territorial governments including their agencies
  • Indigenous governments and organizations, including tribal councils

For the property being marketed, all groups must be considered non-market housing developers/providers by the City of Montréal.

APPLY TODAY

PRO TIP!

Reach out to your Indigenous and the North Housing Solutions Specialist or Multi-Unit Housing Solutions Specialist at contactcentre@cmhc.ca or 1-800-668-2642 to discuss the application process. You can also request the Property Application Guide and Document Vault access.

Apply Today!

Interested in This Property?

Please connect with your Indigenous and the North Housing Solutions Specialist or Multi-Unit Housing Solutions Specialist at contactcentre@cmhc.ca or 1-800-668-2642

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Online Application Portal

Before starting your application, please take a moment to download, save, and review our portal guide. The guide includes information required to create your profile and start the application process successfully.

Download the portal guide (PDF) Start your application

Have questions? Need further support? Contact one of our regional CMHC specialists.

Date Published: July 21, 2025

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