Strategic Storage Trust VI Expands Montréal Presence With New Self-Storage Facility
Strategic Storage Trust VI, Inc, a publicly registered non-listed real estate investment trust sponsored by an affiliate of SmartStop Self Storage REIT, Inc., has announced the opening of its second self-storage facility in the Greater Montréal Area. The new development marks another important milestone in the company’s North American growth strategy and reinforces its commitment to investing in high-demand urban markets with strong long-term fundamentals.
The newly opened facility is located at 5500 Rue Notre-Dame Ouest in Montréal, Québec, occupying a prominent and highly visible corner property just a few miles from downtown Montréal. Positioned near Autoroute 15 and Route 136, the site provides convenient access for customers across the city and surrounding communities. The location also benefits from heavy daily traffic volumes, with approximately 100,000 vehicles passing through the corridor each day, offering exceptional visibility and accessibility.
The project was developed through a partnership between SST VI and SmartCentres, one of Canada’s leading real estate companies. Together, the organizations aim to deliver modern storage solutions designed to address the evolving needs of both residential and commercial customers in one of Canada’s most dynamic urban regions.
The Class A facility spans five stories and includes approximately 124,000 net rentable square feet of storage space. It offers nearly 1,450 climate-controlled storage units designed to accommodate a wide range of storage requirements. The development also includes premium customer amenities and modern infrastructure features intended to enhance convenience, security, and overall user experience.
Among the key features are three elevators that improve accessibility throughout the building and allow customers to move belongings efficiently across all levels. The climate-controlled units provide added protection for valuable items, helping safeguard furniture, electronics, business inventory, and personal possessions from temperature fluctuations and environmental damage.
The facility has been specifically designed to deliver a high-quality customer experience while meeting the growing demand for secure and professionally managed storage options within Montréal’s urban core. As city populations continue to increase and residential density rises, self-storage has become an increasingly important service for renters, homeowners, students, and businesses seeking additional space solutions.
The surrounding trade area includes a diverse mix of neighborhoods and communities, giving the property access to a broad customer base. Areas served by the new facility include Saint-Henri, Little Burgundy, Griffintown, Pointe-Saint-Charles, Ville-Émard, Verdun, West Island, Westmount, and Downtown Montréal. These communities represent some of Montréal’s most active residential and mixed-use districts, many of which continue to experience population growth and redevelopment activity.
The company believes the location is particularly attractive because of the strong urban demographics within a three-mile radius of the property. High concentrations of rental households, ongoing mixed-use developments, and limited availability of new self-storage supply in the area contribute to favorable long-term market conditions. These factors are expected to support sustained demand for storage services well into the future.
According to SST VI, Montréal remains one of the most appealing urban markets for self-storage investment in Canada due to its density, economic diversity, and barriers to entry for new developments. Limited land availability and complex development conditions in major urban centers often restrict the addition of new facilities, creating opportunities for well-located assets that can serve growing populations efficiently.
H. Michael Schwartz, President and Chief Executive Officer of SST VI, said the opening of the new facility reflects the company’s broader strategy of strengthening its footprint in major metropolitan markets across North America.
“We are excited to further expand our presence in Montréal with the opening of our second facility in the market,” Schwartz said. “This facility represents more than simply adding another location. It immediately strengthens our market presence and advances our strategy of building in high-demand urban markets.”
He added that Montréal continues to demonstrate strong long-term investment potential because of its population density, attractive demographics, and constrained supply environment. According to Schwartz, the company remains focused on creating high-quality storage assets while delivering secure, convenient, and customer-focused experiences in the communities it serves.
The self-storage industry has experienced consistent growth in recent years as changing lifestyle patterns, urbanization, and smaller residential living spaces increase the need for supplemental storage. Demand has also been supported by life transitions such as moving, downsizing, renovations, business expansion, and remote work trends, all of which contribute to the growing importance of flexible storage solutions.
SST VI’s continued investment in Montréal reflects confidence in the city’s long-term economic and residential growth prospects. The facility’s strategic urban location positions it to capture demand from both individual consumers and businesses seeking accessible storage solutions close to downtown and surrounding commercial districts.
In addition to serving local residents, the property is expected to appeal to small business owners, contractors, retailers, and entrepreneurs who require secure off-site inventory and equipment storage within easy reach of central Montréal. The combination of modern amenities, climate-controlled units, and convenient transportation access enhances the facility’s appeal to a wide range of customer segments.
The opening also demonstrates SST VI’s ongoing efforts to expand its portfolio of institutional-quality self-storage assets across North America. By targeting high-barrier urban markets with strong demographic trends, the company aims to build a scalable platform capable of delivering long-term value for investors while addressing evolving customer needs.
As Montréal continues to grow and urban living patterns evolve, the new facility is expected to play an important role in providing reliable and accessible storage solutions to communities throughout the city. With its strategic location, modern design, and customer-focused amenities, the property represents another step forward in SST VI’s broader expansion strategy across key North American markets.
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