The Sud-Ouest or Ville-Marie · condo matchup · 2016-2026
The Sud-Ouest versus Ville-Marie, figure by figure: the median condo price every year since 2016, the gap and how it moved, days on market, number of sales, rent, the owner's monthly cost and the yield. Centris sales and leases, nothing estimated.
In Le Sud-Ouest, the median condo sold for $499,500 in 2026 (Jan. to Sept.); in Ville-Marie, $460,000: a $39,500 gap, Ville-Marie is the cheaper of the two (9% less). In 2016, the gap was $47,000 (14%): it has narrowed. In ten years, The Sud-Ouest did +71% and Ville-Marie +35%. Over the past twelve months, a condo sells in 40 days in Le Sud-Ouest against 50 days in Ville-Marie, at 98% versus 97% of asking; 1,534 and 3,334 condos sold since January. The median rent of Centris leases is $1,950 in Le Sud-Ouest against $1,950 in Ville-Marie, and an owner's monthly cost at 20% down (mortgage, condo fees, taxes) $2,457 versus $2,289; the gross yield of a rented condo is 4.7% versus 5.1%. Source: Centris (Matrix), compiled October 10, 2026.
The short answer
In Le Sud-Ouest, the median condo sold for $499,500 in 2026 (Jan. to Sept.); in Ville-Marie, $460,000: a $39,500 gap, Ville-Marie is the cheaper of the two (9% less). In 2016, the gap was $47,000 (14%): it has narrowed. In ten years, The Sud-Ouest did +71% and Ville-Marie +35%. Over the past twelve months, a condo sells in 40 days in Le Sud-Ouest against 50 days in Ville-Marie, at 98% versus 97% of asking; 1,534 and 3,334 condos sold since January. The median rent of Centris leases is $1,950 in Le Sud-Ouest against $1,950 in Ville-Marie, and an owner's monthly cost at 20% down (mortgage, condo fees, taxes) $2,457 versus $2,289; the gross yield of a rented condo is 4.7% versus 5.1%.
Median condo prices, ten years side by side
| Year | Condo The Sud-Ouest | Condo Ville-Marie | Gap | Sales The Sud-Ouest | Sales Ville-Marie |
|---|---|---|---|---|---|
| 2016 | $292,500 | $339,500 | $47,000 | 1,120 | 2,529 |
| 2017 | $295,000 | $353,000 | $58,000 | 1,306 | 3,253 |
| 2018 | $320,000 | $380,000 | $60,000 | 1,475 | 3,314 |
| 2019 | $364,000 | $413,500 | $49,500 | 1,508 | 3,562 |
| 2020 | $417,000 | $445,000 | $28,000 | 1,631 | 2,875 |
| 2021 | $435,000 | $446,000 | $11,000 | 2,453 | 4,778 |
| 2022 | $459,500 | $474,500 | $15,000 | 2,222 | 4,213 |
| 2023 | $461,000 | $468,138 | $7,138 | 1,942 | 4,159 |
| 2024 | $476,000 | $470,000 | $6,000 | 2,053 | 4,393 |
| 2025 | $486,000 | $470,000 | $16,000 | 2,215 | 4,645 |
| 2026 (Jan. to Sept.) | $499,500 | $460,000 | $39,500 | 1,534 | 3,334 |
Median sale price and number of sales by year, Condominium category, Centris (Matrix), September 16, 2026 query. 2026: January to September.
The indicators, borough against borough
| Indicator | The Sud-Ouest | Ville-Marie | Edge |
|---|---|---|---|
| Median condo 2026 | $499,500 | $460,000 | Ville-Marie (cheaper) |
| Increase 2016-2026 | +71% | +35% | The Sud-Ouest (rises faster) |
| Increase 2021-2026 | +15% | +3% | The Sud-Ouest (rises faster) |
| Condos sold 2026 (Jan. to Sept.) | 1,534 | 3,334 | Ville-Marie (more choice) |
| Median days on market, 12 months | 40 days | 50 days | The Sud-Ouest (sells faster) |
| Sold ÷ asking, 12 months | 98% | 97% | The Sud-Ouest (more bidding) |
| Condo share of 2026 sales | 47% | 43% | The Sud-Ouest (more condo) |
| Median rent, Centris leases, 12 months | $1,950 | $1,950 | tie (cheaper to rent) |
| Median condo fees per month | $325 | $325 | tie (lower fees) |
| Owner's monthly cost, 20% down, 25 years, 4.14% | $2,457 | $2,289 | Ville-Marie (cheaper to own) |
| 20% down payment | $99,900 | $92,000 | Ville-Marie (less savings) |
| Gross yield (rent ÷ price) | 4.7% | 5.1% | Ville-Marie (better yield) |
| Buy-vs-rent break-even, 2%/year appreciation | 6 years | 5 years | Ville-Marie (buying pays off sooner) |
What the matchup says
- Price: $39,500 separate the two median condos in 2026, $168 a month in owner's cost at 20% down. The Sud-Ouest costs 9% more; in 2016, it was 14%: the cheaper one is catching up.
- Speed: The Sud-Ouest sells its condo in 40 days against 50 days in Ville-Marie, at 98% and 97% of asking. The Sud-Ouest is the faster.
- Supply: 1,534 condos sold since January in Le Sud-Ouest against 3,334 in Ville-Marie (2,215 and 4,645 in 2025); condos make up 47% and 43% of sales. Ville-Marie offers the most choice.
- Rent: $1,950 in Le Sud-Ouest against $1,950 in Ville-Marie; a tie. Renting costs $507 a month less than owning at 20% down in Le Sud-Ouest, and $339 less in Ville-Marie.
- The investor: gross yield of 4.7% in Le Sud-Ouest against 5.1% in Ville-Marie; monthly cash flow at 20% down of $-507 versus $-339. Ville-Marie yields the most. Buy-vs-rent break-even at 2% appreciation: 6 years versus 5 years.
- Across the 46 matchups tracked, the median gap between two median condos is $58,875 (15%); the cheaper one rose faster in 21 matchups and sells faster in 18; where rent is known, the cheaper to buy is also the cheaper to rent in 26 matchups out of 36, and it is the one that yields the most to an investor in 30 out of 34.
What it changes for buying, renting or selling
The two boroughs do not sell the same condo at the same price, and the table says it in a few lines: price, speed, rent, yield. In Ville-Marie, the budget goes further; in Le Sud-Ouest, it buys a different stock, often newer or better located. For a hesitating buyer, the rule is to visit both at the same budget: at $460,000, you get the median condo in Ville-Marie and a condo below the median in Le Sud-Ouest. For a tenant, the question is the real cost: owning at 20% down costs $2,289 a month in Ville-Marie against a rent of $1,950, and $2,457 against $1,950 in Le Sud-Ouest. For a seller, the matchup places their price against the neighbour where their buyers are also looking. Each one's ten years, year by year: condo prices in Le Sud-Ouest and condo prices in Ville-Marie.
How to read these figures
Prices and sales come from our Centris (Matrix) series by borough and sector: median sale price and number of condominium sales by year (September 16, 2026 query), median days on market and sold-to-asking ratio over the past twelve months (same query); 2026 counts January to September. The median rent comes from Centris leases of the past twelve months in the same territory, condo fees from sold listings. The owner's monthly cost assumes 20% down, 25 years, the 2026 average contracted rate (4.14%), plus median condo fees and taxes; the gross yield divides annual rent by the median price; the break-even counts the years before owning becomes cheaper than renting, at 2% appreciation a year, buying and selling costs included. A borough without known rent has none of those lines. The median price compares different stocks: a new two-bedroom condo and a 1980s three-and-a-half do not cost the same in the same neighbourhood.
Frequently asked questions
The Sud-Ouest or Ville-Marie: which is cheaper for a condo?
Ville-Marie: $460,000 for the median condo in 2026 against $499,500 in Le Sud-Ouest, or $39,500 less (9%).
Which one rose the most?
The Sud-Ouest: +71% in ten years against +35% for the other. Since 2021, The Sud-Ouest +15% and Ville-Marie +3%.
Which one yields the most to an investor?
Ville-Marie: 5.1% gross yield against 4.7%, cash flow at 20% down of $-339 a month versus $-507. In both cases, rent covers only part of the owner's costs at 20% down.
Sources: Centris (Matrix), Statistics module, September 16, 2026 query for Le Sud-Ouest and Ville-Marie (downtown), Condominium category, prices and sales by year, days on market and ratio over the past twelve months; Centris leases of the past twelve months for rent; 2026 five-year contracted rate, Bank of Canada and Statistics Canada; compiled by the Loaa & Manseur team, aggregates only, current year partial. The 46 borough matchups hub lists every comparison.
Our data series in Le Sud-Ouest, from the same Centris listings:
Each series is recalculated from actual sales and leases, aggregates only.
The other The Sud-Ouest matchups:
- Côte-des-Neiges-NDG or The Sud-Ouest: median condo $528,800 versus $499,500 in 2026, $29,300 gap, The Sud-Ouest the cheaper, 50 versus 40 days on market, rent $1,880 versus $1,950, ten years side by side
- The Sud-Ouest or Verdun: median condo $499,500 versus $600,000 in 2026, $100,500 gap, The Sud-Ouest the cheaper, 40 versus 31 days on market, rent $1,950 versus $2,100, ten years side by side
Same grid, another neighbour.
Our data series in Ville-Marie, from the same Centris listings:
Each series is recalculated from actual sales and leases, aggregates only.
The other Ville-Marie matchups:
- The Plateau or Ville-Marie: median condo $600,000 versus $460,000 in 2026, $140,000 gap, Ville-Marie the cheaper, 27 versus 50 days on market, rent $2,190 versus $1,950, ten years side by side
- Ville-Marie or Verdun: median condo $460,000 versus $600,000 in 2026, $140,000 gap, Ville-Marie the cheaper, 50 versus 31 days on market, rent $1,950 versus $2,100, ten years side by side
- Ville-Marie or Old Longueuil: median condo $460,000 versus $390,000 in 2026, $70,000 gap, Old Longueuil the cheaper, 50 versus 29 days on market, rent $1,950 versus $1,700, ten years side by side
Same grid, another neighbour.
Our proof, not our promises
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Also available in French: version française de ce guide.
Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.