All you need to know about the price of a commercial space for rent in Quebec

The price of a commercial space for rent in Quebec varies depending on several factors, such as the type of space, whether it is a commercial, industrial or office space and the city in which it is located.

The commercial leasing market is dynamic and diversified; It offers a multitude of options across the province for businesses looking for space that meets their needs. 

But how much does a commercial space cost in Quebec? How do the main factors influence these rental costs? What is included in the commercial lease?

To help you see more clearly, Vistoo has developed a detailed guide on the subject!

The average price of a commercial space for rent in Quebec

The cost of renting a commercial space varies considerably depending on the type of space sought.

Estimated average price ranges for each type of space*

*It is important to note that these figures are approximate estimates and therefore highly likely to vary.

As you can see, the price range is quite wide. 

It can therefore be deduced that in addition to the type of space, the price of a commercial space for rent in Quebec may be significantly influenced by many other factors, including:

• Its area: a large space will naturally cost more than a small space, but the price per square foot may be more advantageous for very large areas. 
• Location: In high-traffic areas, the rent is usually higher. 
• Visibility: A well-placed commercial space with easy access and good traffic can be more expensive. 
• Available amenities and services: modern, newly renovated buildings or commercial spaces for rent that include additional services may see their rental prices increase. 

Current trends in the commercial real estate market in Quebec

In addition, the commercial real estate market in Quebec is evolving under the influence of new trends and professional dynamics. 

While telework has remained entrenched in business habits since the pandemic, it is declining in popularity as companies now encourage a return to office to strengthen corporate culture and collaboration. However, the reluctance of employees to travel long distances to the office remains a determining factor in 2025.

This transition is accompanied by a growing demand for commercial spaces:

• Well located: offering easy access to public transportation.
• Flexible: designed to adapt to new ways of working, such as shared offices and collaborative spaces.
• Modern: with facilities, amenities and services adapted to the current needs of businesses.

This development, directly influenced by the changing needs of companies, reduces the availability of commercial space for the most coveted leases, thus exerting an upward pressure on rental prices. This phenomenon, dictated by the law of supply and demand, perfectly illustrates the impact of new trends in the commercial real estate market and can thus influence the rental price of offices in Quebec.

What is included in the rental price

If you are planning to rent a commercial space, it is essential to understand what is included in the rental price and what generates additional costs – this will avoid any surprises related to additional costs that may be added. 

Services generally included in a commercial lease 

Additional costs to be expected

• Insurance: most leases require the tenant to purchase commercial insurance.
• Property taxes: they are usually charged in addition to the rent.
• Common expenses: the management of the building and other shared costs may be added to the base rent.

It is therefore crucial to read and understand the terms of the lease in order to be able to anticipate these various fees.

Factors influencing the price of a commercial space for rent

As previously established, there are several factors that can influence the price of a commercial space for rent, including its size, location, visibility and amenities.

However, other factors may also vary rental costs within the same building. 

The floor

In office buildings, the upper floors are often prized for their unobstructed views, tranquility and prestigious character, which may justify that the price of an office space for rent can be higher depending on the floor.

Conversely, ground-floor space is generally also highly sought after because of its direct visibility and ease of access for customers. This from retailers or businesses looking for high traffic, can also lead to higher rental costs.strong demand, in particular 

The development

A space that is already tailored to the specific needs of a business can be a financial advantage for the tenant by reducing initial installation costs. However, this added value can also be reflected in the rental price of a commercial space, especially if it is equipped with modern infrastructure or high-end facilities.

The term of the lease

Long-term leases generally provide a lower monthly rent because they offer financial stability to the owner. On the other hand, short-term leases, although more flexible, are often accompanied by higher rents to offset the uncertainty associated with tenant rotation.

Variations in prices by region

Quebec is characterized by its great regional diversity, a factor that influences the prices of commercial premises for rent.

In general, spaces located in city centres or near major business hubs have higher rents due to their population density and economic dynamism.

Conversely, suburban and peripheral areas generally offer more affordable options.

Estimated average price for each region*

*It is important to note that these figures are approximate estimates and therefore highly likely to vary.

Why these price differences?

• Accessibility and demand: the more coveted a sector, the higher the rental price. The central areas of Quebec and Montreal, such as downtown, Old Montreal, Le Plateau-Mont-Royal and Griffintown, generally have higher rents due to high demand.
• Competition: some cities like Laval or Gatineau offer more affordable alternatives than Montreal or Quebec City because of less competition.
• Customer type: a location located in an area with high commercial traffic such as city centres or shopping malls will benefit from increased visibility, which justifies higher rental costs. Conversely, in less densely populated suburban areas, occupancy is lower, resulting in more affordable rents.
• The proximity of roads and logistics centres: for industrial spaces such as warehouses and factories, or even for offices, Rapid access to major highways and logistics centres can attract high demand due to their strategic connectivity. This accessibility can influence the rental price.

How to choose the best location?

The choice of location for a rental space must be in line with your company’s specific needs and objectives. Since the cost of renting a space can vary significantly from one region to another, it is essential to assess all factors before making a decision.

For example, if your business needs high visibility or close proximity to customers or strategic partners, a commercial space for rent in Montreal, in an area of high traffic, may be advisable.

However, if the main location of your activity is based on logistics, easy access to highways and distribution centers, a commercial space for rent on the South Shore of Montreal , in a more peripheral area such as Brossard, could meet your needs at a much more advantageous cost.

Finally, it is crucial to find a compromise between your business imperatives and the overall cost of the region. 

Think about it, why rent a space in the heart of Montreal if you can opt for a commercial space to rent in Longueuil , which can perfectly meet your needs while significantly reducing your rental costs?

A careful analysis of your needs, goals and budget will allow you to choose the best location and make it a profitable space for your business.

The price of a commercial space for rent varies according to your needs

The cost of renting an industrial space, a commercial space or an office in Quebec varies according to many factors. 

By understanding these elements, you will be better equipped to make informed decisions and negotiate advantageous leases that meet both your specific needs and business objectives.

To make an optimal choice, it is essential to assess the various options available for commercial premises for rent , to carefully examine the lease terms and anticipate additional costs. 

By assessing the impact of the location of your rental space on your business activities, and keeping in mind that a strategic location can play a key role in the success of your business, you will be able to make an informed choice.

In short, an ideal location, a rent adapted to your budget and a good understanding of the contractual commitments are the keys to success. Take the time to negotiate, analyze and choose wisely; you will maximize the return on your investment!