Buying · Foreclosures · the South Shore
Our team is based in Brossard and sells on the South Shore every week: here is where foreclosures appear there, how the mechanics work and how to buy one without mistakes.
A foreclosure on the South Shore follows the same mechanics as everywhere in Quebec: a 60-day prior notice in the land register, then taking in payment, a sale under judicial authority or a sale by the creditor, and a resale generally without legal warranty. On the South Shore, they concentrate in the 2015 to 2022 condos of Brossard near the REM (524 listings active, 50 days), in the affordable sectors of Châteauguay and Saint-Jean-sur-Richelieu where first-time buyers stretched with 5 % down, and in the large properties above $1.2 million where inventory gives the buyer time. The region sells its median house in 30 days ($648,500 in the second quarter of 2026, $655,000 in August with 28 % more listings): a fairly priced foreclosure goes fast, and the saving is on the property that needs work.
South Shore foreclosures appear on Centris with the mention "reprise de finance", and they concentrate in three places: the 2015 to 2022 condo towers of Brossard near the Panama and Du Quartier REM stations, where 524 units compete and investors who bought off-plan resell; the affordable sectors of Châteauguay ($525,000, 302 houses active, +43 %) and Saint-Jean-sur-Richelieu ($509,000 in the Saint-Jean and Saint-Luc sector), where first-time buyers of 2021 and 2022 stretched; and the large properties of Candiac, Boucherville and Saint-Bruno above $1.2 million, where 5 to 8 months of inventory give the buyer time. With 30 days on market for the region, a fairly priced foreclosure in Longueuil (21 days) or Boucherville (20 days) receives several offers the first weekend.
| Sector (QPAREB, Q2 2026) | House, median | 1 year | 5 years | Days | Condo, median |
|---|---|---|---|---|---|
| Brossard, Saint-Lambert | $803,000 | 2% | 26 % | 41 days | $404,000 |
| Vieux-Longueuil | $623,000 | 6% | 36 % | 21 days | $385,000 |
| Saint-Hubert | $602,500 | 5% | 36 % | 29 days | $376,500 |
| Châteauguay | $525,000 | 0% | 43 % | 36 days | $400,000 |
| Saint-Jean-sur-Richelieu | $509,000 | -6 % | 44 % | 31 days | $350,000 |
| South Shore, all | $648,500 | 2% | 39 % | 30 days | $403,000 |
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 South Shore's single-family home rose 39 % in five years, with Sainte-Julie at +49 % and Châteauguay and Chambly at +43 %. The buyers of 2021 and 2022 financed at rates below 2 % renew in 2026 and 2027 at rates around 4.24 %, and the condo buyers of the Brossard towers face the added pressure of 524 competing units and 50 days on market. That does not make a wave: the region's 30 days on market and 3,703 listings (+28 %) in August show a market that absorbs, and most owners in difficulty sell on their own during the 60-day notice, at market price, which we help them do. But it makes 2026 and 2027 the years to have an alert set by sector and budget, especially for condos near the REM.
Montreal's South Shore is not a single market: across 3,379 single-family sales analyzed between September 16, 2025 and September 16, 2026, the median house ranges from $523,000 in Châteauguay to $1,175,000 in Saint-Lambert, a 125% gap that changes a foreclosure's math entirely. Negotiation varies widely: the median discount on sales below asking is 2.1% in Chambly and 4.5% in Saint-Lambert, while the median time goes from 7 days in Sainte-Julie to 31 days in Candiac.
| City | Median price | Median time | Sold below asking | Median discount | Withdrawn without a sale | Price 2016 → 2026 |
|---|---|---|---|---|---|---|
| Châteauguay | $523,000 | 15 d | 66% | 2.3% | 30% | +144% |
| Longueuil | $611,250 | 11 d | 56% | 2.6% | 28% | +123% |
| Saint-Constant | $617,500 | 13 d | 65% | 2.3% | 28% | +123% |
| Chambly | $656,000 | 9 d | 61% | 2.1% | 27% | +132% |
| Sainte-Julie | $660,000 | 7 d | 46% | 2.3% | 34% | +116% |
| Brossard | $739,000 | 19 d | 75% | 3.2% | 43% | +111% |
| La Prairie | $740,000 | 13 d | 67% | 2.5% | 32% | +129% |
| Boucherville | $775,000 | 10 d | 55% | 2.6% | 26% | +122% |
| Saint-Bruno-de-Montarville | $819,500 | 9.5 d | 58% | 2.7% | 27% | +134% |
| Candiac | $851,000 | 31 d | 78% | 2.7% | 41% | +104% |
| Saint-Lambert | $1,175,000 | 16 d | 73% | 4.5% | 36% | +102% |
The consequence for a foreclosure sold without a legal warranty: a 3.3% gap with comparables is a real bargain in Chambly, but barely a normal negotiation in Saint-Lambert; and in Brossard, where 43% of ended listings were withdrawn without a sale against 26% in Boucherville, owners in difficulty struggle most to sell before the notice runs out.
Over ten years, the median house rose the most in Châteauguay (+144%), and every city in the table is worth more today than at the 2022 peak: accumulated equity is what makes foreclosures rare on Montreal's South Shore, as owners sell on their own during the 60-day notice. On the inspection side, the oldest stock is in Saint-Lambert (91% of houses sold were built before 1980) and the most recent in La Prairie (21%): 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.
Few for houses, in a market that sells in 30 days; more for condos in Brossard's towers, where 524 units compete. The 2026-2027 renewals will add some, without making a wave, because most owners in difficulty sell on their own during the 60-day notice.
Rarely by much for a house: with 30 days on market and a seller's market in every range, a foreclosure priced at market receives several offers. For a condo in a Brossard tower, with 50 days on market, the negotiation is real. The saving is on the property that needs work you can price.
Tell us the sectors and the budget; we set a free alert on the listings with the mention "reprise de finance" and on the prior notices we monitor, and, from our Brossard office, we read the file (certificate of location, syndicate documents, inspection) with you before the offer.
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.