Buying · Laurentians · September 15, 2026
How a foreclosure comes about in the Laurentians, which sectors to watch in 2026 according to the APCIQ, where to find it before others, and the checks that separate the bargain from the trap.
A foreclosure in the Laurentians comes from a missed payment: the creditor registers a prior notice and gives the owner 60 days, then takes the immovable in payment, has it sold under judicial authority or sells it itself; the properties come back on Centris with the mention "reprise de finance", without legal warranty or seller's declaration. The southern part of the Laurentians belongs to the APCIQ's North Shore, and it is the territory that rose the most in all of Greater Montreal in five years. Our free alert combines Centris, the land register and notices of judicial sale, by sector and budget.
It all starts with a missed payment. The hypothecary creditor registers a prior notice of the exercise of a hypothecary right in the land register and, for a mainly residential immovable, must give the owner 60 days to remedy the default, sell on their own or refinance. Then come three recourses: taking in payment (the creditor becomes the owner and resells, hence the French term "reprise de finance"), the sale under judicial authority (the court authorizes the sale, the immovable is awarded at the buyer's risk, without legal warranty) and the sale by the creditor. The properties then come back on the market, often on Centris with the mention "reprise de finance", generally without legal warranty and without a detailed seller's declaration. The full mechanics, the risks and our free alert are on our page on foreclosures in Quebec.
The southern part of the Laurentians belongs to the APCIQ's North Shore, and it is the territory that rose the most in all of Greater Montreal in five years. Saint-Jérôme gained 59%, Saint-Lin-Laurentides 57%, Mirabel 51%, Blainville 42%. In August 2026, the North Shore was still selling for $600,000 in 37 days: the market remains solid. But the owners who bought at the 2021-2022 peak with rates of 2 to 3% renew in 2026-2027 above 4%, and that minority is where foreclosures come from. Google Trends shows a 400% rise in "reprise de finance rive nord" searches over one year
| APCIQ sector, Q2 2026 (single-family) | Median | 1 year | 5 years | Days |
|---|---|---|---|---|
| Saint-Jérôme | $573,000 | 12% | 59% | 33 |
| Saint-Lin-Laurentides | $490,000 | 1% | 57% | 33 |
| Mirabel | $657,000 | 8% | 51% | 27 |
| Blainville | $800,000 | 8% | 42% | 27 |
| Boisbriand and Sainte-Thérèse | $640,000 | 5% | 47% | 29 |
| North Shore, all | $600,000 | 6% | 52% | 28 |
North of Saint-Jérôme (Saint-Sauveur, Sainte-Adèle, Sainte-Agathe, Mont-Tremblant and the lake municipalities), the APCIQ publishes no comparable monthly sector and the properties are often second homes. A foreclosure there requires four checks the city does not impose: the well (flow and water quality), the septic system (compliance and age), the access (private road, right of way, winter maintenance) and the shoreline strip (non-compliant structures near the lake). Without legal warranty and without a seller's declaration, the certificate of location, the inspection report and a water test replace the seller's word.
The Laurentians is not a single market: across 1,943 single-family sales analyzed between September 16, 2025 and September 16, 2026, the median house ranges from $535,000 in Saint-Jérôme to $854,700 in Rosemère, a 60% gap that changes a foreclosure's math entirely. Negotiation varies widely: the median discount on sales below asking is 2% in Mirabel and 3.7% in Rosemère, while the median time goes from 9 days in Boisbriand to 15.5 days in Rosemère.
| City | Median price | Median time | Sold below asking | Median discount | Withdrawn without a sale | Price 2016 → 2026 |
|---|---|---|---|---|---|---|
| Saint-Jérôme | $535,000 | 13 d | 58% | 2.4% | 28% | +158% |
| Boisbriand | $630,000 | 9 d | 54% | 2.9% | 33% | +126% |
| Sainte-Thérèse | $638,000 | 10 d | 62% | 2.5% | 21% | +152% |
| Mirabel | $650,000 | 14 d | 57% | 2% | 35% | +141% |
| Blainville | $718,250 | 12 d | 63% | 2.4% | 32% | +146% |
| Rosemère | $854,700 | 15.5 d | 69% | 3.7% | 32% | +123% |
The consequence for a foreclosure sold without a legal warranty: a 2.9% gap with comparables is a real bargain in Mirabel, but barely a normal negotiation in Rosemère; and in Mirabel, where 35% of ended listings were withdrawn without a sale against 21% in Sainte-Thérèse, owners in difficulty struggle most to sell before the notice runs out.
Over ten years, the median house rose the most in Saint-Jérôme (+158%), and every city in the table is worth more today than at the 2022 peak: accumulated equity is what makes foreclosures rare in the Laurentians, as owners sell on their own during the 60-day notice. On the inspection side, the oldest stock is in Sainte-Thérèse (62% of houses sold were built before 1980) and the most recent in Mirabel (10%): you do not look for the same defects in a foreclosure in one and the other.
Source: Centris (Matrix), Single-family form: sales and ended listings between September 16, 2025 and September 16, 2026 (compiled September 17 and 18, 2026) and the municipality's 2016-2026 annual statistics (compiled September 16, 2026). Aggregates only, compiled by the Loaa & Manseur team.
During the 60-day period, you can sell on your own, often at market price, and protect your equity. It is almost always the best outcome. Our team can schedule an urgent free valuation, without judgment and in full confidentiality.
On Centris with the mention "reprise de finance", in the land register (prior notices, public) and through notices of sale under judicial authority. A broker's alert combines the three sources.
Only if the well, the septic system, the access and the shoreline strip are checked before the offer. The price of a foreclosed cottage often reflects those unknowns; a buyer who clears them turns the unknown into a real discount.
Saint-Jérôme (+59% in five years), Saint-Lin-Laurentides (+57%) and Mirabel (+51%) in the second quarter of 2026.
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.