Buying · 40 cities · condo cash 2026
One page per city, same calculation: all the money needed to buy the median condo in 2026, item by item, with the 20% scenario, the house and 2016 for comparison.
To buy the median condo of the 40 cities tracked ($397,000 from January to September 2026), plan for a median $27,273 to $29,373 in cash with the minimum down payment: $19,850 of down payment, $4,066 of welcome tax, $1,358 of Québec tax on the CMHC premium and $2,000 to $4,100 for the notary, inspection and appraisal. The down payment is 70% of the total, the welcome tax 14%. Québec's credit repays the full welcome tax to a first-time buyer in 32 of 40 cities, after the purchase. A full FHSA ($40,000) covers all the cash in 37 of 40 cities. The condo takes 56% of the cash the median house requires ($51,876 at the median). With 20% down, it takes $86,515. In 2016, the minimum down payment, premium tax and welcome tax added up to a median $11,418; in 2026, $25,273 (+112%). Source: Centris (Matrix) for prices, 2026 municipal grids, compiled October 30, 2026.
The 40 cities, from the most cash to the least
Median condo 2026, minimum down payment, welcome tax (city's 2026 grid), total cash to plan for in 2026 (fixed costs as a range), calculated part in 2016 (down payment, premium tax, welcome tax), cash with 20% down and cash for the median house (middle of the range).
| City | Condo 2026 | Down payment | Welcome tax | Cash 2026 | Calculated part 2016 | With 20% down | Median house |
|---|---|---|---|---|---|---|---|
| Westmount | $835,000 | $58,500 | $15,660 | $78,956 to $81,056 | $48,776 | $185,710 | $516,836 |
| Pointe-Claire | $583,750 | $33,375 | $7,369 | $44,726 to $46,826 | $20,005 | $127,169 | $66,371 |
| Boisbriand | $557,000 | $30,700 | $7,036 | $41,630 to $43,730 | $13,638 | $121,486 | $52,542 |
| Boucherville | $518,000 | $26,800 | $6,150 | $36,719 to $38,819 | $16,619 | $112,800 | $77,175 |
| Saint-Bruno-de-Montarville | $494,000 | $24,700 | $5,520 | $33,910 to $36,010 | $15,097 | $107,370 | $78,441 |
| Montreal | $476,100 | $23,805 | $5,252 | $32,685 to $34,785 | $17,760 | $103,522 | $67,035 |
| Candiac | $476,000 | $23,800 | $5,250 | $32,678 to $34,778 | $12,004 | $103,500 | $84,636 |
| Dollard-des-Ormeaux | $460,000 | $23,000 | $5,010 | $31,584 to $33,684 | $13,955 | $100,060 | $73,593 |
| Mirabel | $449,900 | $22,495 | $4,859 | $30,893 to $32,993 | $13,083 | $97,889 | $55,856 |
| Saint-Lambert | $445,000 | $22,250 | $4,786 | $30,557 to $32,657 | $14,447 | $96,836 | $118,479 |
| Dorval | $435,000 | $21,750 | $4,636 | $29,873 to $31,973 | $14,589 | $94,686 | $62,059 |
| Laval | $430,000 | $21,500 | $4,560 | $29,531 to $31,631 | $13,416 | $93,610 | $53,192 |
| Sainte-Julie | $430,000 | $21,500 | $4,560 | $29,531 to $31,631 | $11,830 | $93,610 | $57,338 |
| Blainville | $429,000 | $21,450 | $4,546 | $29,463 to $31,563 | $13,067 | $93,396 | $66,763 |
| Beloeil | $425,000 | $21,250 | $4,486 | $29,189 to $31,289 | $12,144 | $92,536 | $51,892 |
| La Prairie | $414,750 | $20,738 | $4,332 | $28,488 to $30,588 | $10,308 | $90,332 | $67,848 |
| Saint-Constant | $414,500 | $20,725 | $4,328 | $28,471 to $30,571 | $11,608 | $90,278 | $51,859 |
| Chambly | $412,500 | $20,625 | $4,298 | $28,334 to $30,434 | $11,002 | $89,848 | $61,053 |
| L'Île-Perrot | $404,500 | $20,225 | $4,178 | $27,786 to $29,886 | $12,116 | $88,128 | $44,065 |
| Brossard | $404,000 | $20,200 | $4,170 | $27,752 to $29,852 | $13,416 | $88,020 | $67,075 |
| Châteauguay | $390,000 | $19,500 | $3,960 | $26,794 to $28,894 | $10,812 | $85,010 | $38,235 |
| Longueuil | $385,000 | $19,250 | $3,886 | $26,452 to $28,552 | $11,733 | $83,936 | $47,931 |
| Vaudreuil-Dorion | $385,000 | $19,250 | $3,886 | $26,452 to $28,552 | $10,784 | $83,936 | $48,286 |
| Terrebonne | $382,000 | $19,100 | $3,840 | $26,247 to $28,347 | $11,133 | $83,290 | $49,061 |
| Saint-Jean-sur-Richelieu | $374,000 | $18,700 | $3,720 | $25,700 to $27,800 | $10,594 | $81,570 | $46,130 |
| Sainte-Thérèse | $372,500 | $18,625 | $3,698 | $25,597 to $27,697 | $10,904 | $81,248 | $55,856 |
| Mascouche | $370,000 | $18,500 | $3,660 | $25,426 to $27,526 | $11,101 | $80,710 | $51,193 |
| Varennes | $358,000 | $17,900 | $3,480 | $24,605 to $26,705 | $10,403 | $78,130 | $53,325 |
| Magog | $335,000 | $16,750 | $3,136 | $23,031 to $25,131 | $9,706 | $73,186 | $47,694 |
| Saint-Hyacinthe | $335,000 | $16,750 | $3,136 | $23,031 to $25,131 | $10,071 | $73,186 | $36,870 |
| Quebec City | $335,000 | $16,750 | $3,136 | $23,031 to $25,131 | $12,021 | $73,186 | $34,502 |
| Repentigny | $331,000 | $16,550 | $3,076 | $22,758 to $24,858 | $10,150 | $72,326 | $47,596 |
| Sherbrooke | $318,000 | $15,900 | $2,880 | $21,868 to $23,968 | $11,228 | $69,530 | $33,031 |
| Granby | $315,000 | $15,750 | $2,836 | $21,663 to $23,763 | $10,189 | $68,886 | $33,308 |
| Saint-Jérôme | $315,000 | $15,750 | $2,836 | $21,663 to $23,763 | $8,389 | $68,886 | $42,199 |
| Trois-Rivières | $310,000 | $15,500 | $2,786 | $21,346 to $23,446 | $7,994 | $67,836 | $29,713 |
| Gatineau | $303,750 | $15,188 | $2,723 | $20,950 to $23,050 | $9,516 | $66,523 | $35,186 |
| Lévis | $300,500 | $15,025 | $2,690 | $20,743 to $22,843 | $10,530 | $65,840 | $31,765 |
| Saguenay | $287,000 | $14,350 | $2,556 | $19,887 to $21,987 | $9,325 | $63,006 | $26,702 |
| Rimouski | $284,000 | $14,200 | $2,526 | $19,697 to $21,797 | $8,755 | $62,376 | $28,686 |
What the table says
The condo is the cheapest way in, in cash: 56% of what the median house takes, and a full FHSA is enough in 37 of 40 cities. The cash stays under $30,000 at the top of the range in 22 cities. The minimum down payment is a flat 5% of the price in 36 cities, where the median condo is under $500,000. The calculated part has at least doubled since 2016 in 29 of 40 cities. The highest is Westmount ($80,006 at the middle of the range), the lowest Rimouski ($20,747). The first-time buyer credit repays the full welcome tax in 32 cities, but only after the purchase.
How to read the table
Assumptions: Centris median price of condos sold (January to September 2026), federal minimum down payment (5% of the first $500,000, 10% of the rest, 20% from $1.5M), CMHC premium on the schedule in force since 2017 (added to the loan), Québec's 9% tax on the premium (paid in cash), welcome tax on the city's 2026 grid, notary $1,500 to $2,800 for a condo, inspection $500 to $800, appraisal $0 to $500 depending on the lender. Adjustments repaid to the seller (prepaid municipal and school taxes, the current month's condo fees), co-owner insurance, moving costs and a few months of condo fees set aside come on top depending on the file. The first-time buyer credit on the welcome tax is claimed after the purchase: it is not deducted from the cash. The house version is in how much cash to buy a house, the tax alone in the welcome tax on a condo by city.
Frequently asked questions
How much cash do you need to buy a condo in Québec in 2026?
At the median, $27,273 to $29,373 for the $397,000 median condo, with the minimum down payment; $19,697 to $81,056 depending on the city.
My city is not listed?
We publish the 40 cities where enough condos sell each year for a reliable median price. A team broker can run the same calculation for any area and any condo.
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.