Rental condo · Sainte-Rose · 2026
The median condo in Sainte-Rose (Laval) rented at the median rent of the past twelve months: gross yield and yield net of fees, mortgage at 20% down at the rate actually charged, monthly cash flow, principal repaid, and the price or rent that would bring the calculation to zero. Centris leases and sales, nothing estimated.
In Sainte-Rose (Laval), the median condo sold in 2026 ($439,000, 67 sales) rents for $1,775 a month in median (36 Centris leases from September 16, 2025 to September 16, 2026): a gross rental yield of 4.9% and, once the median condo fees in Laval ($342) are removed, 3.9% before taxes, insurance, maintenance and vacancy. Financed with 20% down ($87,800, the minimum for a unit the buyer does not live in) at the 5-year rate charged in 2026 (4.14%), the condo costs $1,874 in mortgage and $342 in fees a month: the rent covers 80% of those outflows, for a cash flow of -$441 a month, which the investor has to make up out of pocket every month. It is one of the worst cash flows among the 50 cities and boroughs tracked (median -$320 a month). But $673 a month of the mortgage repays principal in the first year: cash flow and principal together, the $87,800 down payment returns 3.2% in the first year, not counting appreciation or the expenses left out of this calculation. Sources: Centris, Bank of Canada, compiled October 8, 2026.
The short answer
In Sainte-Rose (Laval), the median condo sold in 2026 ($439,000, 67 sales) rents for $1,775 a month in median (36 Centris leases from September 16, 2025 to September 16, 2026): a gross rental yield of 4.9% and, once the median condo fees in Laval ($342) are removed, 3.9% before taxes, insurance, maintenance and vacancy. Financed with 20% down ($87,800, the minimum for a unit the buyer does not live in) at the 5-year rate charged in 2026 (4.14%), the condo costs $1,874 in mortgage and $342 in fees a month: the rent covers 80% of those outflows, for a cash flow of -$441 a month, which the investor has to make up out of pocket every month. It is one of the worst cash flows among the 50 cities and boroughs tracked (median -$320 a month). But $673 a month of the mortgage repays principal in the first year: cash flow and principal together, the $87,800 down payment returns 3.2% in the first year, not counting appreciation or the expenses left out of this calculation.
The rental condo calculation in Sainte-Rose (Laval)
| Measure in Sainte-Rose (Laval), 2026 | Value | Detail |
|---|---|---|
| Median rent (12 months, 36 leases) | $1,775 | $1,600 to $2,044 |
| Median condo 2026 (67 sales) | $439,000 | 20% down: $87,800, loan $351,200 |
| Gross rental yield | 4.9% | annual rent ÷ price; price = 20.6 years of rent |
| Yield net of condo fees | 3.9% | (rent − fees) × 12 ÷ price, before taxes, insurance, maintenance, vacancy |
| Mortgage at 20% down, 4.14%, 25 years | $1,874 | of which interest $1,201 and principal $673 in the first year |
| Median condo fees in Laval | $342 | whole-city sales |
| Break-even rent (mortgage + fees) | $2,216 | the median rent is 80% of that amount |
| Monthly cash flow | -$441 a month | -6.0% of the down payment per year |
| Cash flow + principal repaid, year 1 | $2,784 a year | 3.2% of the down payment, without appreciation |
| Price at which the rent covers everything | $336,000 | -23% versus the median condo |
Rents: leases concluded on Centris in Sainte-Rose (Laval) from September 16, 2025 to September 16, 2026, median. Prices: condos sold in Sainte-Rose (Laval), January to September 2026, median. Fees: median monthly condo fees of condos sold. Mortgage: 20% down, 25 years, 5-year fixed rate charged 4.14% (Bank of Canada). Taxes, insurance, maintenance, vacancy and income tax excluded.
What the figures say in Sainte-Rose (Laval)
- For the median rent to cover the mortgage and fees in Sainte-Rose (Laval), the condo would have to be bought for $336,000 (-23% on the median), or rent for $2,216 (+25% on the median rent).
- Each point of rate moves the cash flow by $197 a month in Sainte-Rose (Laval); at the banks' posted rate (6.09%), the stress-test rate, the mortgage would be $2,266.
- What the table leaves out, all pulling the same way: municipal and school taxes, insurance, maintenance, vacancy between tenants, and income tax on the net rent. One month of vacancy a year takes $148 a month off the average rent.
- Across the 50 cities and boroughs tracked (11,638 leases, 22,080 sales), the median gross yield is 5.2% (4.2% net of fees), the rent covers 85% of the outflows and the median cash flow is -$320 a month with 20% down. Cash flow is positive in 6 units out of 50; cash flow and principal together, the down payment returns more than zero in 47.
What it changes for investing in Sainte-Rose (Laval)
In Sainte-Rose (Laval), the rental condo does not pay for itself: $441 a month is missing between the median rent and the mortgage plus fees, and the gross yield of 4.9% is among the lowest of the units tracked. The price is worth 20.6 years of rent. Here, buying to rent is a bet on appreciation and on falling rates, not on cash flow: you have to be able to cover the gap every month and see it as forced savings ($673 a month of principal). A condo bought for $336,000 or a rent of $2,216 would reset the calculation to zero. The owner-occupant's view is in rent or buy a condo in Sainte-Rose (Laval); rents by unit size, in average rent in Sainte-Rose (Laval).
How to read these figures
Three Centris sources over twelve months: leases signed through a broker in Sainte-Rose (Laval) (rent), condos sold (price) and the median condo fees of condos sold in the whole city, the sector's sample being too small. Cash flow is rent minus mortgage minus fees, each month; principal repaid is the part of the mortgage that is not interest, computed over the first year ($673 a month) and rising afterwards. The return on the down payment adds cash flow and principal and divides by the 20% down; it contains neither appreciation nor the expenses left out. Read it as an upper bound, not a promise.
Frequently asked questions
What is the rental yield of a condo in Sainte-Rose (Laval)?
4.9% gross ($1,775 × 12 ÷ $439,000) and 3.9% once condo fees are removed, before taxes, insurance, maintenance and vacancy. The median condo price is worth 20.6 years of rent.
Does the rent pay the mortgage on a condo in Sainte-Rose (Laval)?
No: $441 a month is missing with 20% down at the 2026 rate, after the mortgage ($1,874) and fees ($342), before taxes, insurance, maintenance and vacancy. It would take a rent of $2,216 or a price of $336,000.
What down payment for a rental condo in Sainte-Rose (Laval)?
$87,800, or 20% of the median condo: that is the minimum for a unit the buyer does not live in, with no CMHC insurance. The welcome tax and notary fees come on top. The 5% minimum down payment applies only to a buyer who occupies the unit (rent or buy in Sainte-Rose (Laval)).
Sources: Centris (Matrix), Rental module, leases concluded from September 16, 2025 to September 16, 2026 for Sainte-Rose, 36 leases, median and quartiles; Statistics module, median sale price of condos in 2026 and monthly condo fees of condos sold over twelve months; Bank of Canada and Statistics Canada (10-10-0006), 5-year fixed rate charged, January to July 2026 average; compiled by the Loaa & Manseur team, aggregates only. This is not financial advice: every building has its own fees, taxes and rent. The investing in a rental condo in 50 cities and boroughs hub compares the 50 units.
Our proof, not our promises
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.