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Downtown: office vacancy eases slightly
The rate went from 18.6% to 17.9% since the first quarter, according to the office building inventory.
Ville-Marie · 4 h ago · Based on 3 documents
AreaVille-Marie
Key facts
17.9% in Q3 2026
Second decline in a row
0.7 points below Q1
Four conversion permits
The office vacancy rate in Ville-Marie stands at 17.9% in the third quarter of 2026. It is the second quarterly decline in a row, after 18.2% in the second quarter.
The rate measures floor area available for lease immediately, as a share of the inventoried stock. The peak of the last five quarters, 18.6%, was in the first quarter of 2026. Between the first and third quarters, the rate fell by 0.7 percentage points.
17.9%
Office vacancy rate, Q3 2026
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Still in this story
The vacant office space, in sq m and sq ft
The rate a year ago, compared with today's
The conversion permits issued since January
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