Canoë — photo 1 of 2
Under Construction Assignment Friendly

Canoë

By Rachel Julien

Hochelaga-Maisonneuve (HOMA), Montreal, Quebec
Condo
Occupancy: 2027
1 - 3 Beds
420 - 1,250 sq ft sqft

Starting from

$315,000

From$315,000
Storeys8 floors
Units580
Beds1 - 3
Baths1 - 2
Size420 - 1,250 sq ft sqft
Completion2027

Overview

Project Details

Architect
FABG Architectes
Building type
Condo/Townhouse
Storeys
8 storeys
Total homes
580
Beds
1 - 3
Baths
1 - 2
SqFt
420 - 1,250 sq ft sqft
Parking cost
$45,000
Storage cost
$5,000
Maint/sqft
Approx. $0.42/sq ft/month
Avg price/sqft
$650
Estimated completion
2027
Deposit structure
15% total: 5% on signing, 5% in 90 days, 5% in 180 days
Assignment policy
Assignment Friendly
Appreciation forecast
4.5%/yr

Canoë is an ambitious new residential development currently under construction in the Hochelaga-Maisonneuve neighbourhood of Montreal, Quebec. Developed by Rachel Julien, this project comprises 580 condo units spread across an eight-storey structure designed to foster community interaction. The residential offering includes a mix of one to three-bedroom floor plans, catering to a diverse range of urban lifestyles. Residents benefit from a thoughtfully curated selection of common areas, including an interior central courtyard with an integrated park and a rooftop swimming pool and terrace. The building also provides practical shared resources such as a community workshop and repair space, a dedicated coworking lounge, and a modern fitness studio equipped with a yoga room.

#PreConstruction#NewCondos#MontrealCondos#MontrealRealEstate#QuebecRealEstate

Pricing and Fees

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Studio

1 Bed 1 Bath 420-480 sqft

From

Compact studio designed for efficiency with a functional kitchenette and bright balcony.

One-Bedroom Suite

1 Bed 1 Bath 550-620 sqft

From

Open-concept one-bedroom featuring modern finishes and floor-to-ceiling windows.

One-Bedroom + Den

1 Bed 1 Bath 650-720 sqft

From

Spacious layout with a dedicated den area, perfect for a home office or guest space.

Two-Bedroom Corner

2 Bed 1 Bath 780-850 sqft

From

Bright corner unit with dual exposures and an efficient open-concept living area.

Two-Bedroom + Two-Bath

2 Bed 2 Bath 900-1050 sqft

From

Generous layout including a primary suite with ensuite bathroom and walk-in closet.

Three-Bedroom Penthouse

3 Bed 2 Bath 1100-1250 sqft

From

Expansive family-style unit with panoramic views and a large private terrace.

AI-generated floor plan estimates. Contact us for official floor plans and pricing.

Amenities

Interior central courtyard and park
Rooftop swimming pool and terrace
Community workshop and repair space
Coworking lounge
Fitness studio and yoga room

Neighbourhood

88Walk
75Transit
90Bike

About the Neighbourhood

Situated in Hochelaga-Maisonneuve near parks, local markets, and public transit links connected to Downtown Montreal.

4500 Rue Hochelaga, Montreal, QC

Contact sales center

Request additional information including price lists and floor plans.

Investment Analysis

Investment Analysis

AI-scored using verified market signals

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91
OUT OF 100
Excellent opportunity

Strong fundamentals across location, rental economics and growth outlook.

Est. monthly rent

$1,650–$2,650

5-yr appreciation

+4.5%

Starting from

$315,000

Price per sq ft

$650

How this score is calculated
Walkability88/100 Walk Score
Transit access75/100 Transit Score
Cycling90/100 Bike Score
Rental yield potential6.29% gross yield
Appreciation outlook+4.5%/yr forecast

The AI Investment Score blends the verified signals above — location scores, rental economics and appreciation outlook — with how strongly the project was corroborated across independent sources. It is a research aid, not financial advice.

Rental Yield Calculator

Estimate cash flow & returns for this unit

Purchase & Financing

Purchase Price$315,000
$300,000$3,000,000
Down Payment35%
5%50%
Mortgage Rate4.5%
2.0%10.0%
Amortization30 yrs
10 yrs30 yrs

Rental Income

Monthly Rent$1,750
$1,000$8,000
Vacancy Rate3%
0%15%

Monthly Summary

Monthly Cash Flow

-$426

Negative cash flow / month

Gross Yield

6.47%

Net Yield

2.33%

Monthly Breakdown

Effective Rent+$1,698
Mortgage Payment-$1,037
Condo / Strata Fee-$600
Property Tax-$350
Mgmt Fee-$136
Net Cash Flow-$426

* Estimates only. Consult a financial advisor before investing. Figures exclude insurance, repairs, and capital improvements.

Mortgage Calculator

Estimate your payment

Loan Details

$315,000
20% ($63,000)
5.25%
25 years

Payment Frequency

Monthly Payment

$1,510

Principal & interest

Mortgage Amount

$252,000

Total Cost

$453,031

* Estimates only, for illustration. Excludes taxes, insurance and fees. Confirm rates with your lender.

Closing Cost Estimator

Taxes calculated for Quebec · Montreal
$315,000
20%
Welcome Tax (Quebec)$2,958
Legal Fees$1,500
Title Insurance$400
Home Inspection$500
Total Closing Costs$5,358

Investment Return Estimator

$315,000
20%
4.5%
$1,650
5 yrs
Down Payment$63,000
Property Value in 5 yrs$392,547
Total Rental Income (net)$56,125
Estimated Profit$114,045
ROI on Down Payment181%

Frequently Asked Questions

Units at the Canoë project in Montreal start from $315,000.

Still have a question about Canoë?

Illustrative estimates only — not financial, tax or investment advice. The investment score, rental yield projections, appreciation forecasts, closing-cost and mortgage figures presented in this section are computer-generated estimates produced for demonstration purposes. They do not constitute an appraisal, a formal opinion of value, a mortgage pre-approval, or any form of financial, tax or legal advice, and they must not be relied upon when making a purchase decision. Actual costs, taxes, financing terms and returns will vary with the applicable jurisdiction, lender criteria, market conditions and individual circumstances. CondoGuru.ca and its affiliates make no representation or warranty as to the accuracy or completeness of these figures and expressly disclaim all liability for any loss or damage arising from reliance upon them. Prospective purchasers should independently verify all amounts with the developer's sales team, a licensed mortgage professional, and a qualified legal or tax advisor.

Developer Profile

Developer Profile

Rachel Julien

Montreal, Quebec

Rachel Julien is a recognized residential developer in Montreal with decades of experience creating design-driven, sustainable multi-family communities.

Projects

1

View Full Profile

Other Projects by This Developer

No other projects found.

Last updated: September 28, 2026

Disclaimer: CondoGuru.ca provides information on new construction homes and condos from various sources, including builders, manual research, third-party sources, and public data. While we strive for accuracy, all information is for reference only. We are not responsible for any use or misuse of the content on our site. Prices, sizes, specifications, and promotions are subject to change by the builder without notice. Renderings are artist's concepts. E.&O.E.

From$315,000