Buying · Montreal · QPAREB Q2 2026 figures
An island median of $834,250, but a threefold spread between boroughs: here is how to buy a house in Montreal in 2026.
Buying a house in Montreal in 2026 means buying on an island where the single-family median reached $834,250 (up 4% over one year, up 21% over five years) in 41 days, while a condominium trades at $483,000. The budget starts around $600,000 for a house in Montréal-Nord, Rivière-des-Prairies or Saint-Léonard (about $2,875 a month with the minimum down payment, household income of roughly $129,000), runs through $800,000 for a cottage in Rosemont, Villeray or Ahuntsic ($3,790, $168,000) and passes seven figures in NDG, Verdun, the Plateau and the West Island ($4,706, $208,000). On this island the real question is not only price, it is property type: many buyers looking for a house end up in a condominium or a plex, and those are three different financings.
The island of Montreal sold its median single-family house at $834,250 in the second quarter of 2026, up 4% over one year and 21% over five years, in 41 days; a condominium trades at $483,000 in 54 days. The gap between boroughs is the dominant fact: the east end (Montréal-Nord, Rivière-des-Prairies, Saint-Léonard, Anjou) stays under $700,000, the central ring (Rosemont, Villeray, Ahuntsic, Mercier) sits around $800,000, and the centre-west (NDG, Côte-Saint-Luc, Outremont, Westmount, Mount Royal) runs well past a million.
| Area (QPAREB, Q2 2026) | House, median | 1 year | 5 years | Days on market | Active listings |
|---|---|---|---|---|---|
| Island of Montreal, overall | $834,250 | 4% | 21% | 41 days | 2 |
| Rosemont | $1,138,000 | 10% | 46% | 41 days | 40 |
| Villeray, Saint-Michel, Parc-Extension | n/a | n/a | 24% | n/a days | 38 |
| Anjou, Saint-Léonard | $712,500 | -2% | 23% | 33 days | 41 |
| Montréal-Nord | $525,000 | -6% | 35% | 24 days | 43 |
| NDG, Montreal West | $1,247,000 | -5% | 18% | 49 days | 94 |
| Price range | Months of inventory | Market |
|---|---|---|
| Under $410,000 | 3.0 months | Seller's market |
| $410,000 to $610,000 | 2.7 months | Seller's market |
| $610,000 to $1,010,000 | 4.3 months | Seller's market |
| $1,010,000 to $1,220,000 | 4.9 months | Seller's market |
| $1,220,000 and up | 9.0 months | Balanced |
| 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 |
| $700,000 | $45,000 | $3,332 | $149,000 |
| $850,000 | $60,000 | $4,019 | $178,000 |
| $1,000,000 | $75,000 | $4,706 | $208,000 |
| $1,200,000 | $95,000 | $5,622 | $248,000 |
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.
The east end is the entry budget for an actual house: Montréal-Nord, Rivière-des-Prairies, Pointe-aux-Trembles, Saint-Léonard and Anjou sell post-war bungalows and cottages under $700,000, with the blue line extension under construction toward Anjou. The central ring (Rosemont, Villeray, Ahuntsic-Cartierville, Mercier) sells cottages and converted duplexes around $800,000, with services within walking distance and the métro. The centre-west (Notre-Dame-de-Grâce, Côte-des-Neiges, Côte-Saint-Luc, Hampstead) and the linked cities pass a million. Verdun and Nuns' Island trade on the REM and the waterfront. The West Island (Pointe-Claire, Dollard-des-Ormeaux, Kirkland, Beaconsfield) offers the lot size and the English school network.
Property type first: on this island a large share of what looks like a house is a plex or a divided co-ownership, and the financing is not the same. A duplex you occupy needs 5% down up to $500,000 and 10% above; an owner-occupied triplex, 10%; a building you do not live in, 20%. Zoning and non-conforming units: a basement rented without a permit counts as zero income to a lender. Pyrite in the 1960s to 1980s backfill of the east end. Asbestos and vermiculite in pre-1980 attics. The 2026-2028 assessment roll, whose reference date is 1 July 2024, is not market value: see our guide to the assessment roll. And Montreal's welcome tax, the most expensive in Quebec, which climbs to 4%.
For the budget, first-time home buyer in Montreal; for the tax, the welcome tax in Montreal; for co-ownership, buying a condo in Montreal; for the team, a real estate broker in Montreal.
Roughly $129,000 of gross household income for a $600,000 house in the east end, $178,000 for $850,000 in the central ring and $248,000 for $1,200,000 in the centre-west, on a 30-year amortization with the stress test at 6.24%.
It depends entirely on the borough and the property type. An east-end house priced at its street's level moves quickly; a downtown condominium, with heavy supply and a 54-day median, is negotiable. Always document your offer on closed sales from the street, 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.
Before making an offer in Montreal, our figures drawn from actual sales:
All four pages are built on listings sold over the last twelve months, not on regional averages. They exist to put a number on an offer rather than guess at one.
For the investor: Plex prices in Montreal: $310,750 per door, GRM 17.7x
Borough by borough: Plex prices in Montreal, borough by borough: price per door and rent multiplier
Bungalow or two-storey home in Montreal:
Single-storey homes make up 30% of sales in Montreal over ten years; our page gives both price series, the second-floor premium and who the bungalow is for.
What one more bedroom costs in Montreal:
Three price series (3, 4, 5 or more bedrooms) over ten years, the fourth- and fifth-bedroom premiums, and the size that rose the most in Montreal.
What one more bedroom costs in a condo in Montreal:
The median price of 1-, 2- and 3-plus-bedroom condos over ten years, the second- and third-bedroom premiums, and the size that rose the most in Montreal.
Days on market in Montreal, ten years of perspective:
Median days for a house and a condo by year since 2016, the decade's four markets and what today's delay changes when selling in Montreal.
The number of sales in Montreal, ten years of perspective:
Houses, condos and plexes sold per year since 2016, the record year, the high-rate trough and what today's volume changes when selling in Montreal.
Plex prices in Montreal, ten years of perspective:
The median price of a plex per year since 2016, next to houses and condos, the frenzy, the rate brake and what the plex-to-house ratio tells a buyer in Montreal.
How many homes are for sale in Montreal, ten years of perspective:
Month-end inventory and new listings per year since 2016, the frenzy trough, absorption, months of inventory and why prices doubled in Montreal.
Sale price relative to asking price in Montreal, ten years of perspective:
At what percentage of asking houses have sold since 2016, the 2021 bidding wars, the return of negotiation and what the gap is worth in dollars in Montreal.
Houses that do not sell in Montreal, ten years of perspective:
Listings expired without a sale per year since 2016, the failure rate against sales, average days next to median days and what today's rate tells a seller in Montreal.
The average house price in Montreal, ten years of perspective:
The average sale price per year since 2016, next to the median and the asking price, why the average is higher and which of the three prices to use to set yours in Montreal.
How many dollars of houses sell in Montreal, ten years of perspective:
The total sale prices per year since 2016, next to the number of sales and the average price: whether the rise comes from price or from the number of buyers in Montreal.
House appreciation in Montreal by year of purchase:
What a house bought in 2016, 2019, 2021 or 2024 is worth today at the median price, in dollars, in percent and per year, house and condo, and what is left for those who bought at the peak in Montreal.
From condo to house in Montreal, the gap to close:
The median price of the house and the condo year by year since 2016, the gap between them, and whether the gain on a condo bought in 2016, 2019, 2021 or 2023 covers the jump in Montreal.
The Montreal market in one table:
Price, growth, sales, volume, days on market, inventory, over-asking, unsold, condo and appreciation, each with the city's rank among 50 and ten years of detail in Montreal.
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.