The SHDM’s residential and commercial real estate portfolio
Discover the real estate portfolio in Montréal
The SHDM’s real estate portfolio consists of residential, institutional, and cultural buildings that actively contribute to urban development, diversity, and the vitality of Montréal’s neighborhoods.
Portfolio in figures
The number of housing units on this map is provided for informational purposes only and may vary depending on updates and projects under development.
Affordable housing units
The SHDM is working on long term solutions to develop and maintain the supply of affordable and social housing units in Montréal.
As of December 31, 2024, its residential rental portfolio consists of 393 buildings, comprising of 5,217 units available for a diverse clientele:
- 3 277 Pour tous (For all) units, including individuals, couples, and families looking for affordable housing below market price;
- 1 240 housing units spread across 17 Autonomie+ buildings, for people aged 55 and over;
- 401 housing units for vulnerable individuals supported by our non-profit organizations;
- 299 housing units spread across 13 rooming houses.
Some of these units benefit from the Rent Supplement Program managed by the OMHM, with social eligibility criteria.
Accès Condos projects (all sold)
The Accès Condos program is a financial tool that has enabled many individuals, couples, and families to purchase a condo in Montréal between 2005 and 2019. The SHDM has accredited 33 high-quality affordable projects, totaling 3,925 units, contributing to the diversification of Montréal’s condominium market and its urban revitalization.
85% of Accès Condos buyers were renters before purchasing.
The SHDM is currently developing a new version of the Accès Condos program to help promote homeownership.
Commercial Buildings
Over time, the SHDM has acquired, renovated, or constructed a number of commercial buildings.
In total, the SHDM owns nearly one million square feet of commercial space, spread across seven buildings, as well as two parking lots in Montréal.
The tenants are primarily institutional and cultural organizations, including the City of Montréal, the National Film Board (NFB), artists, and cultural associations. Management of these building is delegated to external managers.
Projects in development
The SHDM relies on a unique business model that enables it to develop large-scale projects. It develops innovative mixed-use projects, combining a large proportion of affordable and social housing, particularly for people aged 55 and over, families, and people in vulnerable situations, who receive support from our non-profit partners.
For each real estate development project, the team collaborates with community, government, and private housing partners to create solutions tailored to each context. Through this collaborative approach, the SHDM designs effective financial structures and develops services that meet the needs of tenants and future buyers once the new Accès Condos program is finalized.
Accredited as a Frequent Builder by the Canada Mortgage and Housing Corporation (CMHC), the SHDM relies on a strong team with diverse expertise to develop residential and commercial real estate projects within budget and on schedule.
It leverages the refinancing of its existing real estate portfolio, the optimization of economies of scale, its expertise, and a collaborative, partnership-based approach to successfully carry out its real estate development projects.
2026 Budget and 2026–2028 Three-Year Capital Plan (PTI)
This week, the SHDM presented its 2026 budget and its 2026–2028 three-year capital plan (PTI) to the City of Montreal’s Finance and Administration Committee.
They reflect the SHDM’s commitment to building affordable housing in Montréal, both now and for the long term, in partnership with stakeholders from the private and public sectors.
Acquisition of a lot to develop 70 affordable housing units
As part of its Policy for the Transfer of Municipal Properties for Non-Market Housing Purposes, the City of Montreal has authorized the sale to the SHDM of the former Solotech factory site, located at the corner of Gilford Street and 2nd Avenue in the Rosemont–La Petite-Patrie borough.
The SHDM will develop a six-storey building there, comprising approximately 70 non-market housing units of various sizes, ranging from one to three bedrooms.
“This project will contribute to our goal of developing 1,000 affordable and social housing units by 2027 across Montreal. After completing successful feasibility studies on this site over the summer, our teams are now working on the design phase, with construction set to begin in fall 2026,” said Sophie Rousseau-Loiselle, General Manager of the SHDM.
To read the full press release (In French only)
The city of Montréal transfers 20 buildings to the SHDM for the development of non-market affordable housing
The City of Montreal and the SHDM are mobilized to offer sustainable solutions to the housing crisis. Two initiatives were approved by the Executive Committee on September 17, 2025.
First, the City is transferring 20 residential buildings to the SHDM, thereby ending the emphyteutic leases that bound them. This unprecedented transfer gives the SHDM a strategic lever to strengthen the supply of affordable housing.
The buildings concerned, located across several boroughs, are Autonomie+ or Pour tous properties and are already managed by the SHDM. Tenants currently living in these buildings will not be affected by the transaction.
“With this transfer of buildings, the SHDM will be able to guarantee the long-term affordability of the 882 housing units concerned, while also benefiting from an economic leverage effect to create new affordable housing. The value generated by this operation could help secure the down payment required for new projects representing between 200 and 300 non-market housing units,” explained Sophie Rousseau-Loiselle, Executive Director of SHDM.
A seed fund to accelerate projects
In addition, the City is supporting the SHDM with a $3.3M seed fund, intended to finance feasibility studies for several development projects. This support will allow the SHDM to accelerate the implementation of new initiatives, notably within the framework of the portfolio approach aimed at creating 1,000 non-market housing units, announced in spring 2024.
“These initiatives contribute to creating the conditions required for SHDM to fully play its role as the City’s real estate arm in achieving the objective of 20% non-market housing in Montréal,” added Sophie Rousseau-Loiselle.
To view the press release (In French only)
To read the article by Zachary Goudreault in Le Devoir (In French only)
Photo: Le Lambert Closse, an Autonomie+ building of 62 units, transferred by the City to SHDM