Retirement · Sept-Îles · Centris 2026
Thinking of selling the house and moving to a condo in Sept-Îles? The calculation with real median prices: what the house brings in, what the condo costs, the welcome tax, condo fees and what is left. Centris figures, not estimates.
In Sept-Îles, swapping the median house for the median condo frees up nothing in 2026: the house sells for $275,000 at the median and the condo for $279,500. The median condo in Sept-Îles is often new or recent and costs as much as an older house. To free up capital, aim for a smaller or older condo than the median. Source: Centris (Matrix), compiled on October 20, 2026.
The short answer
In Sept-Îles, swapping the median house for the median condo frees up nothing in 2026: the house sells for $275,000 at the median and the condo for $279,500. The median condo in Sept-Îles is often new or recent and costs as much as an older house. To free up capital, aim for a smaller or older condo than the median.
The calculation, city by city
| The 2026 calculation in Sept-Îles | Median condo |
|---|---|
| Sale of the median house | $275,000 |
| Purchase of the condo | − $279,500 |
| Welcome tax on the condo (city grid) | − $2,480 |
| Capital freed, before selling costs | $-6,980 |
Centris median prices from January to mid-September 2026. Welcome tax calculated on the condo price under the city 2026 grid. Selling costs, notary and moving are not deducted.
House and condo in Sept-Îles, ten years of prices
| Year | House, median price | Condo, median price | Gap | Condo as % of house |
|---|---|---|---|---|
| 2016 | $174,000 | $210,000 | $-36,000 | 121% |
| 2017 | $161,000 | n/a | n/a | n/a% |
| 2018 | $170,000 | $166,500 | $3,500 | 98% |
| 2019 | $179,500 | $129,000 | $50,500 | 72% |
| 2020 | $175,000 | $230,000 | $-55,000 | 131% |
| 2021 | $192,250 | $205,000 | $-12,750 | 107% |
| 2022 | $207,250 | $200,000 | $7,250 | 97% |
| 2023 | $228,292 | $215,000 | $13,292 | 94% |
| 2024 | $256,000 | $275,000 | $-19,000 | 107% |
| 2025 | $277,500 | $235,000 | $42,500 | 85% |
| 2026 (Jan. to mid-Sept.) | $275,000 | $279,500 | $-4,500 | 102% |
What it means in Sept-Îles
- The gap between the median house and condo grew by $31,500 since 2016 in Sept-Îles: houses rose faster than condos. That is what makes the move to a condo pay more than ten years ago.
- The median condo is worth 102% of the median house price in Sept-Îles in 2026, versus 121% in 2016. Across the 50 cities tracked, the median is 64%.
What the calculation does not count
The calculation above leaves out three expenses that depend on your situation: the broker's fee and selling costs, the notary for the purchase, and the move. The gain on the sale of a principal residence is generally tax-exempt. Before selling, check the contingency fund and the condition of the building you are targeting: a cheap condo with a special assessment coming can wipe out the gap.
Frequently asked questions
How much do I keep if I sell my house for a condo in Sept-Îles?
Nothing at the median: the median condo ($279,500) costs as much as or more than the median house ($275,000) in Sept-Îles in 2026.
What welcome tax is paid on a condo in Sept-Îles?
$2,480 on a $279,500 condo under the city 2026 grid. The first-time buyer credit does not apply if you owned a home recently.
How much are condo fees in Sept-Îles?
We do not have enough sales to publish a median condo fee in this city.
Should I sell before buying?
Not necessarily: selling first avoids carrying two properties, buying first avoids having to rent in between. A condition on the sale of your house in the promise to purchase protects you in the second case.
All cities: from house to condo in retirement, 50 cities. The reverse path: from condo to house in Sept-Îles.
Source: Centris (Matrix), median sale prices of single-family homes and condominiums, queries of September 16, 2026, and 2-bedroom condos; 2026 transfer duty grids; median condo fees from Centris listings; compiled by the Loaa & Manseur team on October 20, 2026, aggregates only. This page informs: it is neither tax advice nor an appraisal.
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.