Le Waterhouse
Saint-Lambert · Rental residence
The project
A new rental project in the heart of Saint-Lambert
New apartments for rent in a variety of sizes, with an interior courtyard, balcony, parking, and city views — on the corner of Saint-Denis and Waterman.

- Apartments
- 89
- Delivery
- Spring 2027
- Address
- 1 Rue Waterman
- Proximity
- 1 minute from the station

Sustainable development
A project rooted in its neighbourhood
Set on the corner of Avenue Saint-Denis and Rue Waterman, Le Waterhouse is a contemporary residential project that pays tribute to the site's industrial past while embracing a sustainable vision of the urban future.
Its architecture reinterprets the emblematic Covimex and Balthazar facades, weaving reclaimed brick and wood into a clean, modern composition.
Nature is central: mature trees, vegetable gardens, and a green alley linking to Parc Saint-Denis create a verdant, welcoming setting. Underground parking frees the ground for landscaped courtyards and pedestrian paths.
The units
Choose your unit
Le Waterhouse offers a multitude of choices to meet all your needs — browse our categories to find your unit.
0 homes
Floor plan
Visuals
A perfectly integrated project
New construction with every amenity. Every detail has been thought through to make daily life simpler and offer comfort without compromise. Practical inclusions and built-in services let you enjoy your space to the full.
- Appliances included
- Fitness room
- Internet available
- Garage available
- EV charging available



John William Waterhouse
History and memory of the site
A new life,
a memory preserved.
Once home to Covimex, Garage Boutin and Encadrement Balthazar, the site holds an industrial and craft heritage that Le Waterhouse seeks to carry forward.
The project reinterprets this heritage through reconstruction and elements inspired by the industrial past. Materials, façades and architectural details continue the story of the place.
Why Waterhouse?
Its name echoes Waterman Street and pays tribute to British painter John William Waterhouse. It also recalls the craftsmanship of Encadrement Balthazar, formerly located on the site.
“A place where art, heritage and contemporary architecture meet.”
At a glance
What sets Le Waterhouse apart
Heritage and identity
- Heritage elements reused and the former Covimex building rebuilt, preserving the industrial memory of the site.
- Named after the painter John William Waterhouse, in tribute to the legacy of Encadrements Balthazar.
- Distinctive architecture in a play of brick and noble materials.
Urban integration
- Individual street entrances, for a human scale and a harmonious fit with the neighbourhood.
- Green space enhanced with green alleys, landscaping, and an opening onto Parc Saint-Denis.
- High-capacity indoor parking, reducing the footprint at ground level.
Location
- A one-minute walk from downtown Saint-Lambert and its shops, restaurants, and services.
- Steps from the Saint-Lambert train station, with direct access to downtown Montréal.
Quality of life
- Private balconies with panoramic views of downtown Montréal.
- Interior courtyard.
- Fully equipped fitness room.
- Noble materials and high-end finishes, including quartz counters and light wood floors.
Comfort and appliances
- Appliances included in every home: refrigerator, range, dishwasher, washer, and dryer.
- Air conditioning in every home.
Sustainable development
- Sustainable design with high energy efficiency.
Registrations open
Be among the first
Delivery spring 2027
Leave us your contact details: we will reach out as soon as leasing opens, before the public announcement.