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St. Laurent Shopping Centre is a regional enclosed mall in Ottawa, Ontario, spanning 868,000 square feet of gross leasable area across three levels. Owned by Morguard REIT and opened in 1967, it features renovations from 2013 and ongoing 2025 revitalizations including new store openings and digital enhancements. Anchors comprise Walmart Supercentre, Hudson's Bay, Sport Chek, Toys "R" Us, H&M, and Cineplex Odeon, supporting a tenant mix of approximately 180 national, regional, and independent retailers focused on fashion, lifestyle, dining, services, and entertainment.
Non-retail components include office spaces, Willis College, Herzing College, medical clinics, and dental offices, diversifying revenue streams. Situated at 1200 St. Laurent Boulevard in east Ottawa, it targets a trade area of over 500,000 residents with middle-income, multicultural demographics in neighborhoods like Vanier and Gloucester-Southgate. Annual footfall reaches 7.5 million visitors, bolstered by its role as a community hub with events tied to local partners such as Atlético Ottawa.
Accessibility includes direct Highway 417 access, integration with OC Transpo LRT Line 1 at St-Laurent station, bus routes, intercity services, and 4,100 free parking spaces. In Ottawa's retail landscape, marked by 3.5% vacancy and rising rents in H1 2025, St. Laurent maintains a competitive mid-tier position as the third-largest mall in the National Capital Region.
Leasing advantages encompass flexible short-term specialty options and strong traffic, though challenges arise from e-commerce pressures, apparel category saturation, and proximity to competitors like Rideau Centre and Place d'Orleans.
Operational quality is average, with potential infrastructure aging offset by recent investments.
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Hours of Operation
Hours
| Monday | 09:30 AM — 09:00 PM |
| Tuesday | 09:30 AM — 09:00 PM |
| Wednesday | 09:30 AM — 09:00 PM |
| Thursday | 09:30 AM — 09:00 PM |
| Friday | 09:30 AM — 09:00 PM |
| Saturday | 09:30 AM — 09:00 PM |
| Sunday | 11:00 AM — 05:00 PM |
Hours may vary on public holidays. Check with individual stores for specific holiday schedules.
Insights
Footfall and Demographics
St. Laurent generates 7.5 million annual visitors, driven by its central east-end location serving a diverse trade area of 500,000+ with median household incomes around CAD 70,000 and a multicultural population including significant immigrant communities. This supports steady retail performance in a stable Ottawa economy, but footfall varies seasonally, peaking during holidays and events. Strengths include reliable middle-class spending power; weaknesses involve lower disposable income compared to west-end suburbs, potentially limiting luxury category sales amid broader market saturation.
Tenant Mix and Occupancy
The tenant mix balances 50-60% fashion and accessories (H&M, Mark's), 20% services and dining, 15% lifestyle and electronics, and 5-10% entertainment, with high anchor stability from Walmart and Hudson's Bay. Occupancy hovers at 95%+, reflecting Ottawa's tight 3.5% market vacancy in 2025, offering lessees diverse co-tenancy benefits. Advantages: Broad appeal attracts families and students; drawbacks: Overrepresentation in apparel risks cannibalization, and non-retail tenants dilute pure retail synergy, exposing to office market fluctuations.
Accessibility and Competition Risks
Prime accessibility via Highway 417, LRT connectivity, and ample free parking enhances draw from Ottawa and Gatineau, reducing access barriers for 80% of the trade area within 20 minutes. However, competition from Rideau Centre (downtown, higher-end mix) and Place d'Orleans (east, family-focused) pressures mid-tier positioning, while aging pre-2025 infrastructure poses maintenance risks. Lease terms feature base rents of CAD 40-55 per sq ft plus NNN, with short-term flexibility, but traffic congestion and e-commerce shifts present ongoing challenges to performance.
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Ottawa, ON
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