Mortgage payment · Chambly · 2016-2026
The monthly payment on the median condo in Chambly every year since 2016, computed with the year's Centris price and the 5-year rate banks actually charged: the 2021 trough, the 2023 shock, the share of price and the share of rate, the renewal, and the income it takes. Public figures, not estimates.
In Chambly, the median condo ($412,500 in 2026 (Jan. to Sept.)) costs $1,761 a month with 20% down ($82,500), a loan of $330,000 amortized over 25 years at the 5-year fixed rate actually charged in 2026 (4.14%). In 2016, the same median condo ($178,450) cost $652 a month at 2.67%; in 2021, $1,100 a month at 2.13%. The payment has therefore jumped +170% in ten years, faster than the price (+131%), because the rate changed direction, and before condo fees, a payment in line with the 49 cities tracked (median $1,665). Between 2021 and 2026, the payment rose by $661 a month: $318 comes from the price and $343 from the rate, so 52% from the rate. Sources: Centris, Bank of Canada, compiled October 8, 2026.
The short answer
In Chambly, the median condo ($412,500 in 2026 (Jan. to Sept.)) costs $1,761 a month with 20% down ($82,500), a loan of $330,000 amortized over 25 years at the 5-year fixed rate actually charged in 2026 (4.14%). In 2016, the same median condo ($178,450) cost $652 a month at 2.67%; in 2021, $1,100 a month at 2.13%. The payment has therefore jumped +170% in ten years, faster than the price (+131%), because the rate changed direction, and before condo fees, a payment in line with the 49 cities tracked (median $1,665). Between 2021 and 2026, the payment rose by $661 a month: $318 comes from the price and $343 from the rate, so 52% from the rate.
Price, rate and payment by year
| Year | Median condo price | 5-year rate charged | Monthly payment, condo | Monthly payment, house |
|---|---|---|---|---|
| 2016 | $178,450 | 2.67% | $652 | $1,086 |
| 2017 | $194,750 | 2.87% | $727 | $1,109 |
| 2018 | $187,500 | 3.49% | $748 | $1,277 |
| 2019 | $218,000 | 3.17% | $841 | $1,304 |
| 2020 | $240,000 | 2.44% | $854 | $1,429 |
| 2021 | $320,000 | 2.13% | $1,100 | $1,753 |
| 2022 | $380,000 | 3.90% | $1,583 | $2,320 |
| 2023 | $377,500 | 5.26% | $1,801 | $2,768 |
| 2024 | $350,000 | 4.96% | $1,622 | $2,672 |
| 2025 | $402,500 | 4.20% | $1,729 | $2,728 |
| 2026 (Jan. to Sept.) | $412,500 | 4.14% | $1,761 | $2,941 |
Median price of condos sold in Chambly, Centris (Matrix). Rate: annual average of 5-year fixed rates charged on new mortgages (Bank of Canada, Statistics Canada 10-10-0006). Payment: 20% down, 25 years, semi-annual compounding. 2026: rates January to July.
What ten years of payments say in Chambly
- The price rose +131% from 2016 to 2026 in Chambly; the 5-year rate went from 2.67% to 4.14% by way of 2.13% in 2021: the payment rose +170%. The peak is 2023 ($1,801), the trough 2016 ($652).
- The 2026 condo at the 2021 rate would cost $1,418 a month; the 2021 condo at the 2026 rate would cost $1,366 a month. Here, price and rate weigh about equally in the increase since 2021.
- The renewal shock: a median condo bought in Chambly in 2021 ($320,000, 2.13%) cost $1,100 a month; at the 2026 renewal, with a balance of about $215,037 and 20 years left at 4.14%, the payment goes to $1,315 a month, +215 $ a month (+20%).
- Each point of rate up or down is worth $185 a month on the 2026 median condo in Chambly. At the banks' posted rate (6.09%), the one used for the stress test, the payment would be $2,129 a month.
- The median house in Chambly ($689,000) costs $2,941 a month in 2026, against $1,086 a month in 2016: $1,180 a month more than the condo, but with no condo fees to add (condo fees in Chambly).
- Order of magnitude for income: if the mortgage alone must stay under 32% of gross income, it takes $66,038 a year for the median condo in Chambly in 2026, taxes, heating and other debts not counted. The detail of the calculation and the minimum down payment is in down payment to buy in Chambly.
- Across the 49 cities tracked, the median payment went from $659 in 2016 to $1,035 in 2021 and $1,665 in 2026 (+140% in ten years); it doubled in 46 cities, exceeds $1,500 in 32 and $2,000 in 10, condo fees not included. The rate explains 49% of the increase since 2021 in median.
What it changes for buying or selling in Chambly
At $1,761 a month, the median condo in Chambly calls for an income in the range of $66,038 a year for the mortgage alone: doable on two incomes, tight on one. The rate matters as much as the price: a point less brings $185 a month back, and that is what buyers watch when they decide to step in or wait. For a seller, the moment rates fall is when buyers come back, not the moment to cut the price. For someone renewing a 2021 mortgage in 2026, the $215 a month gap is to be planned for before deciding to keep or sell: condo prices in Chambly since 2016 say what the condo gained in the meantime.
How to read these figures
Two public series, one calculation. The price: the median of condos sold in Chambly in the year (condo prices in Chambly). The rate: the annual average of the rate charged on new 5-year fixed mortgages in Canada, published by the Bank of Canada, which reflects what borrowers actually paid (2.13% in 2021, 5.26% in 2023) and not the posted rate. The payment assumes 20% down and 25 years; with 5% down and the CMHC premium it would be higher. The renewal shock assumes a 2021 loan renewed after five years on the remaining balance, 20 years of amortization left. Taxes, heating, insurance and condo fees are not included.
Frequently asked questions
What does the median condo in Chambly cost a month in 2026?
$1,761 a month for the median condo of $412,500, with 20% down ($82,500), 25-year amortization and the 5-year rate charged in 2026 (4.14%). Taxes, condo fees, heating and insurance on top.
Has the payment ever been higher in Chambly?
No, not here: $652 a month in 2016, $1,100 a month in 2021, $1,761 a month in 2026. The peak is 2023. Between 2021 and 2026, the price explains $318 of the monthly increase and the rate $343.
What income does the median condo in Chambly take?
About $66,038 of gross income a year if the mortgage alone is capped at 32% of income, without taxes or heating. On two incomes, that is $33,019 each. The lender adds taxes, heating and other debts to its ratios, which raises the bar.
Sources: Centris (Matrix), Statistics module, September 16, 2026 query for the municipality of Chambly, median sale price of condos and condos by year; Bank of Canada and Statistics Canada, table 10-10-0006, interest rates on funds advanced, residential mortgages, fixed rate 5 years and over, annual average of insured and uninsured loans; compiled by the Loaa & Manseur team, calculation at 20% down and 25 years, aggregates only. The mortgage payment in 49 cities hub compares the 49 cities.
Our other data series in Chambly, from the same Centris listings:
Each series is recalculated from actual sales, aggregates only.
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.