The Golden Square Mile was the name of a luxurious neighbourhood at the foot of Mount Royal in the west-central section of downtown Montreal, Canada. The name is still used today in the Montreal real estate World to designate an area where the neighbourhood was once located and today includes many luxurious residential projects along Sherbrooke Street. The Square Mile, as a neighbourhood, is generally understood to have existed between 1875 and 1930, at which point, in the face of economic hardship and an increasingly desperate situation in Depression-era Montreal.
From roughly 1850, wealthier families began to migrate out of Montreal’s increasingly congested port and downtown core, to settle in new suburban areas built on land formerly given to farming. Of these new areas, the most prestigious were those along the southern slopes of Mount Royal, along Sherbrooke Street west and around McGill University. This would become the core of the Square Mile.
By the early 20th century, residents of the Golden Square Mile are reported to have controlled 70% of Canada’s wealth.In principle, the neighbourhood had precise borders measuring roughly a square mile, covering the area between Dorchester Boulevard at the southern end.

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