Home values in Montréal, Quebec
Modeled estimates · market notes as of October 19, 2026
On our model, a typical two-storey detached home of 2,000 sq ft in Montréal is worth about $828,000, which puts the city 35th of the 60 largest Canadian cities on this site by that measure.
A 900 sq ft condo comes to about $413,000 (31st of 54).
Size matters less than people expect: the price per square foot falls from about $508 for a 1,200 sq ft detached home to about $352 for a 3,000 sq ft one, because each extra square foot adds less value than the one before.
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Detached homes in Montréal: one storey vs two
| Floor area | One storey | Two storeys |
|---|---|---|
| 1,200 sq ft | $652,000 | $610,000 |
| 1,600 sq ft | $775,000 | $725,000 |
| 2,000 sq ft | $886,000 | $828,000 |
| 2,500 sq ft | $1,013,000 | $947,000 |
| 3,000 sq ft | $1,131,000 | $1,057,000 |
Bungalows and other one-storey homes are modeled at about 7% above two-storey homes of the same floor area. Our data has no storey field, so this is an adjustment based on how the market usually prices them, not an observed price in Montréal.
Semi-detached homes in Montréal
| Floor area | Estimate | Range |
|---|---|---|
| 1,000 sq ft | $447,000 | $425,000 – $470,000 |
| 1,300 sq ft | $538,000 | $511,000 – $564,000 |
| 1,600 sq ft | $622,000 | $591,000 – $653,000 |
| 2,000 sq ft | $727,000 | $690,000 – $763,000 |
Condo apartments in Montréal
| Floor area | Estimate | Range |
|---|---|---|
| 500 sq ft | $243,000 | $231,000 – $255,000 |
| 700 sq ft | $329,000 | $313,000 – $345,000 |
| 900 sq ft | $413,000 | $392,000 – $433,000 |
| 1,100 sq ft | $494,000 | $469,000 – $519,000 |
| 1,400 sq ft | $614,000 | $583,000 – $645,000 |
How these numbers are built
The starting point is Statistics Canada’s 2024 property assessment data for Montréal, which covers about 102,842 comparable detached homes. Assessed values trail market prices, so each one is raised to a market value using the CREA MLS® Home Price Index for the same region and property type (latest reading: July 2026). Size is applied with the same curve as our calculator, so a bigger home costs more in total but less per square foot.
These are modeled estimates for an average home of its type, not appraisals, sale prices or listings. The range on each line is 5% either side. Storeys are an adjustment, as explained above. Real homes differ with the street, lot, condition and renovations. For this city the data behind the estimate is thinner than usual, so the real figure could sit further from these numbers.
Market trends: Greater Montréal (APCIQ), September 2026
- In September, the Montréal metropolitan area recorded 3,082 residential sales, down 12% from 3,486 a year earlier. Active listings rose to 21,793 from 18,173. Median prices were roughly stable year over year: single-family $635,000, condo $430,000, plex $861,000.[1]
- APCIQ describes an adjustment period under way since early in the year. In August the condo segment on the Island of Montréal sat at the threshold between a balanced and a buyers’ market, with downtown and Sud-Ouest listings at record highs, while single-family homes still favoured sellers in most areas.[2]
- Construction: CMHC counted 1,266 housing starts in the Montréal metropolitan area in September 2026, versus 2,610 a year earlier (down 51%).[3]
- National backdrop: in September 2026 Canadian home sales were down 7.7% year over year, the average price was $666,538 (−1.6%), and the CREA price index was down 3.4% from a year earlier. CREA cut its 2026 sales forecast for the third time this year (−5.2%).[4]
Board figures describe the whole board area, which can be larger than the city, and each source reports a different month. Averages and benchmarks across all homes in a board area, including smaller and older ones, will not match the model figures above for a home of a specific size. Read these notes for the direction of the market, not as the price any one home will sell for.
Sources
- La Presse Canadienne via Le Soleil, Oct 14, 2026 (APCIQ September data)
- APCIQ, Montréal CMA, August 2026 (released Sept 4, 2026)
- CMHC housing starts, September 2026 (released Oct 16, 2026)
- CREA national statistics for September 2026 (Canadian Press, Oct 16, 2026)
Planning a move in Montréal?
- Mortgage calculator: payments and what you can afford
- Rent or buy: which is cheaper over the long run?
- Land transfer tax in Quebec
Other cities in Quebec
Québec · Laval · Gatineau · Longueuil · Sherbrooke · Lévis · Saguenay · Trois-Rivières
For information only. Not an appraisal and not financial or legal advice. Prices are modeled estimates and may differ from what a home actually sells for.