Buying · Ville-Marie · QPAREB Q2 2026 figures
A $1,035,250 median and 72 days to decide: how to buy a house in Ville-Marie in 2026 without overpaying.
Buying a house in Ville-Marie in 2026 means buying in an area where the median house sells at $1,035,250 (-17% over one year, -10% over five years) in 72 days, with 72 houses listed and a condominium at $465,000. The budget starts around $600,000 and runs to $1,600,000 depending on the street and the property type. On the island of Montreal the question of type matters as much as the question of price: a large share of what looks like a house is in fact a plex or a divided co-ownership, and the minimum down payment is not the same. The method does not change: written pre-approval before the first showing, area chosen on closed sales, offer documented by the last three sales on the street, inspection and a full read of the documents before conditions come off.
The QPAREB's Ville-Marie area sold its median house at $1,035,250 (-17% over one year, -10% over five years), in 72 days, with 72 houses actively listed; a condominium there trades at $465,000. That median is the twelve-month figure: the area sells too few single-family houses in a single quarter for a quarterly number to be reliable, because condominiums and plexes carry the volume here. For comparison, the island of Montreal as a whole sits at $834,250 for a single-family house and $483,000 for a condominium. The monthly picture is in our August 2026 review of the island market (French).
| Area (QPAREB, Q2 2026) | House, median | 1 year | 5 years | Days on market | Active listings |
|---|---|---|---|---|---|
| Ville-Marie | n/a | n/a | -10% | n/a days | 72 |
| Island of Montreal, overall | $834,250 | 4% | 21% | 41 days | 2 |
| Price range | Months of inventory | Market |
|---|---|---|
| Under $230,000 | 7.5 months | Seller's market |
| $230,000 to $340,000 | 13.3 months | Buyer's market |
| $340,000 to $570,000 | 15.8 months | Buyer's market |
| $570,000 to $690,000 | 17.3 months | Buyer's market |
| $690,000 and up | 24.7 months | Buyer's market |
| Purchase price | Minimum down payment | Monthly payment at 4.24%, 30 years (CMHC premium included) | Gross household income required (approx.) |
|---|---|---|---|
| $600,000 | $35,000 | $2,875 | $129,000 |
| $800,000 | $55,000 | $3,790 | $168,000 |
| $1,000,000 | $75,000 | $4,706 | $208,000 |
| $1,250,000 | $100,000 | $5,851 | $258,000 |
| $1,600,000 | $135,000 | $7,453 | $327,000 |
Assumptions: five-year fixed rate of 4.24%, stress test at 6.24%, down payment of 5% up to $500,000 and 10% on the portion above, CMHC premium added to the loan, municipal and school taxes at 0.9% of the price, heating at $1,800 a year, gross debt service ratio of 39%. Your own file may produce a different result.
Ville-Marie is the downtown borough, and the overwhelming majority of what trades here is a condominium in a tower. The Golden Square Mile and the streets climbing toward the mountain hold the rare houses and the highest prices on the island. The Village, along Sainte-Catherine East, sells older plexes and greystones. Old Montreal sells converted lofts on their own logic entirely. If you are looking for a detached house with a yard in Ville-Marie, the honest answer is that there are only a few dozen of them and they almost never come up.
The single-family house barely exists here: budget realistically for a condominium or a plex instead. In a co-ownership, the documents matter more than the unit: the declaration, the minutes, the contingency fund and any special assessment voted or pending. Short-term rental rules, which vary by building and by street. Construction noise, which is structural downtown. Parking, which is bought separately and is not always transferable. And tower supply, which changes the negotiation from month to month.
For co-ownership, our guide to buying a condo in Montreal; for the neighbourhood, living downtown.
Roughly $129,000 of gross household income for $600,000, $208,000 for $1,000,000 and $327,000 for $1,600,000, on a 30-year amortization with the stress test at 6.24%.
It depends on the property type and the street. At a median of 72 days, a property priced at its street's level gets its offers quickly, but the gap between two streets in the same borough can exceed $200,000. Always document your offer on closed sales, never on other offers.
Published forecasts (Desjardins, QPAREB, CMHC) point to stable to modestly rising prices in 2027 and a policy rate around 2.75%: waiting does not make the price go down. The right moment is the one where your budget, your pre-approval and your target area are ready. In a seller's market, the buyer who is ready beats the buyer who waits.
Usually nothing. The buyer's broker is paid out of the seller's brokerage contract when the sale closes. A buyer's brokerage contract spells out what happens if the seller does not provide for it, and we explain that before anything is signed. See our guide to real estate commission in Quebec.
The median prices, days on market, active listings and months of inventory quoted here come from the Quebec Professional Association of Real Estate Brokers, for the second quarter of 2026, by area. The monthly payments come from our own calculation on the assumptions listed above. Market figures move every quarter: the date is on this page so you can tell whether you are reading something current.
The Loaa & Manseur team, led by Lotfi Manseur and Loaa Al Daow, is 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 of large residential teams according to the official RE/MAX ranking, computed on actual transactions. Its Google profile counts more than 220 reviews with a 4.9 rating. Its offices are at 55 avenue de l'Équinoxe in Brossard, one bridge from the island, and every broker's licence can be checked in the OACIQ public register. Three things to verify yourself before calling us, and to demand of any other broker.
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.
Équipe no 1 de RE/MAX Platine en 2024 et en 2025, 6e au Québec, 15e au Canada et dans le top 50 mondial au classement officiel RE/MAX. Réponse en moins de 24 heures, sept jours sur sept.