Outremont or Town of Mount Royal: which neighbourhood to choose in 2026?

Comparison · Montreal

Two prestige addresses ten minutes apart, one statistical sector, and two ways of living Montreal that have almost nothing in common. Here is the comparison, numbers in hand.

Outremont and Town of Mount Royal share the same APCIQ barometer sector, the Centre of Montreal, with Westmount and Hampstead: in the second quarter of 2026, the median single-family home there sold for $1,980,000, down 3% year over year, in 64 days, with only 1% growth in five years, against 26% to 49% on the South Shore. But the two neighbourhoods are nothing alike. Outremont is a Montreal borough, dense, mixing condos, duplexes and large houses around Bernard and Laurier avenues, served by the Outremont metro and the MIL campus, with a single-family median of $2,201,700 over four quarters and 239 sales a year. Town of Mount Royal is an independent town, a garden city planned in 1912, almost exclusively detached single-family homes, with its own administration and, since 2025, its REM station. The choice is about lifestyle and property type, not price, which plays in the same league.

The same APCIQ sector, two markets

The fact the brochures forget: +1% in five years

While the South Shore gained 26% to 49% depending on the sector, the median house of the Centre sector moved only 1% in five years. It is not a collapse, it is a stagnation at the summit: the sector started very high and the pool of buyers able to follow at two million thinned with rates. Practical consequence in both neighbourhoods: 64 days on market on average, negotiable prices, and an advised buyer who has time to compare. It is Montreal's quietest buyer's market.

Choose Outremont if…

You want the city on foot: the cafés and shops of Bernard and Laurier, the metro within walking distance, the mountain at the end of the street. You accept density and may be looking for a condo or a duplex rather than a detached house: the sector's median condo is $770,000, and Outremont offers the widest range, from lower Outremont near the MIL campus to the large properties backing onto Mount Royal. Volume is higher (239 sales over twelve months, up 11%), so comparables are more numerous and valuation more reliable.

Choose Town of Mount Royal if…

You want a detached house with a lot in a pattern of curved streets designed as a garden city, a town that manages its own services and planning, and commuting by the REM rather than the metro. The supply is almost entirely single-family homes, which makes the market more homogeneous but also thinner: fewer sales, so a valuation that must rest on carefully chosen comparables, sometimes across the municipal line. The TMR town centre, around the station, concentrates the shops; the rest is residential.

What it changes when buying and selling

In both neighbourhoods, the average lies more than elsewhere: the Centre sector's average price, $2,330,845, exceeds the median by $350,000 because a few exceptional properties pull the statistics. When selling, the price is documented on closed sales on the street, not on the sector average. When buying, at 64 days on market, take the time to negotiate: this market allows it. And if you sell in the centre to buy again on the periphery, the arbitrage is historic: our home prices by city show what a two-million budget buys elsewhere. See also Montreal luxury real estate in 2026.

Frequently asked questions

Outremont or Town of Mount Royal, which is more expensive?

Both play in the same league, the APCIQ's Centre sector, with a single-family median of $1,980,000 in the second quarter of 2026. Outremont shows $2,201,700 over four quarters; TMR, made almost entirely of single-family homes, sits in the same range depending on the street.

Which neighbourhood sells faster?

The sector shows 64 days on market on average; Outremont, 67 days over four quarters, with volume up 11%. Both are slow markets compared to the South Shore (20 to 41 days depending on the sector).

Does the REM change the game for Town of Mount Royal?

Yes: the Mont-Royal REM station puts downtown a few minutes away, and the Édouard-Montpetit connection also links the blue line to the REM since November 2025, which benefits the north side of the mountain, Outremont included.

Also available in French: version française de ce guide.

The full neighbourhood guide: our page on living in Outremont details the character of the streets, schools, parks, transit and the real estate market, with APCIQ figures.

Published September 1, 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.