Montréal Real Estate Market – Condo prices by neighbourhood and metro station

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January 17, 2025

Montréal Real Estate Market – Condo prices by neighbourhood and metro station

Main information:

A dynamic real estate market in 2024 with strong sales growth and sustained demand.
Significant price differentials depending on neighborhood and proximity to metro stations.
A more expensive downtown, but more affordable alternatives in the suburbs and on the North Shore.
Positive outlook for 2025, supported by falling interest rates and mortgage lending.

Montreal’s real estate market experienced strong growth in 2024, influenced by a number of economic and urban planning factors. With sales on the rise, a well-stocked inventory and more flexible financing conditions, buyers and sellers were able to realize their real estate projects and take advantage of a booming market to conclude some excellent transactions.

As 2024 has come to an end, it is interesting to take a step back and analyze the current situation in order to better understand the trends to follow in 2025. That’s why this article guides you through an interactive map of metro stations that lists the prices of condos located near each one, as well as an overall analysis of prices by neighborhood, based on values observed near metro stations.

In our article, discover the state of the Montreal real estate market in 2024, our outlook for 2025, and a detailed analysis of each neighborhood to help you better situate yourself and inform your future real estate projects.

Time needed: 10 minutes

How the Montréal real estate market has evolved in 2024
Condo prices near metro stations in Montreal in 2024
Price of a condo in Rosemont
Price of a condo in Villeray Saint-Michel Parc extension
Price of a condo in the Plateau Mont-Royal
Condo prices in Côtes des neiges – Notre-dâme-de-grace
Condo prices in the Sud-Ouest
Condo prices in Ville-Marie
Price of a condo in Hochelaga Maisonneuve
Price of a condo in Ahunstic Cartierville
Price of a condo in Laval
Price of a condo in Town Mount-Royal
Price of a condo in Outremont
Price of a condo in Verdun

How the Montréal real estate market has evolved in 2024

The year 2024 was marked by a return of confidence in the Montreal real estate market, driven by several favorable factors. After a period of adjustment due to rising interest rates in 2022-2023, financing conditions have eased, stimulating demand and increasing transaction volumes.

Notable developments include :

Strong sales growth compared with 2023.
Rising median prices, prompting many players to sell for capital gains
Strong demand and growth in all segments (single-family homes, condominiums and plexes)
Increase in new listings, offering buyers more choice.

Outlook for 2025

In 2025, growth in the Montreal real estate market should continue, driven by more favorable financing conditions. The announced reduction in interest rates will facilitate access to home ownership, offering buyers greater purchasing power. At the same time, mortgage reforms will continue to ease borrowing conditions, making property investment more accessible, especially for first-time buyers.

Why expect the real estate market to grow in 2025?

Supply is set to remain dynamic, with an increase in listings and marketings, offering buyers more options while maintaining a competitive market. Finally, neighborhoods well served by the metro and the future REM will continue to attract buyers and investors, consolidating their position among the most sought-after sectors.

Don’t miss any real estate market analysis with our monthly statistics:

Condo prices near metro stations in Montreal in 2024

The price of a condo in Montreal varies considerably depending on the neighborhood, and proximity to metro stations is a considerable price factor. Thanks to real estate broker Laurent Hogue‘s analysis on Linkedin, it is now possible to visualize these discrepancies on a detailed map, showing the median price of condos sold in 2024 near each metro station.

Price map by metro station

Our interactive price map by neighborhood (according to APCIQ 2024 residential barometer)

This map highlights the significant disparities between neighborhoods. While some resorts offer affordable condos, others are located in high-end sectors where prices reach new heights.

In light of this valuable tool for buyers and investors wishing to evaluate real estate opportunities according to their budget and location preferences, we’re going to analyze median condo prices by Montreal neighborhood.

Price of a condo in Rosemont

The Rosemont district boasts a dynamic real estate market, where condo prices reflect both the area’s appeal and its proximity to essential services.

In 2024, the average median price for a condo near Beaubien ($557,000) and Rosemont ($568,500) stations stands at $562,750, making Rosemont a sought-after area but even more accessible than certain central neighborhoods like Plateau-Mont-Royal or Ville-Marie.

Meanwhile, according to the APCIQ 2024 residential barometer, the average price of a condo in Rosemont-La Petite-Patrie is CAD$557,921, CAD$1,127,898 for a single-family home and CAD$926,848 for a plex.

Prices by metro station in Rosemont :

Beaubien – 557 000 $

Located on the edge of the Plateau-Mont-Royal, this resort is very popular for its friendly atmosphere and its many cafés and local shops. Condo prices are competitive, attracting both young professionals and families looking for a central neighborhood.

Rosemont – 568 500 $

The area is popular for its green spaces, notably Parc Pélican, and for its quick access to downtown via the orange line. The condo market is active here, driven by growing demand and a supply of new residential projects.

Price of a condo in Villeray Saint-Michel Parc extension

The Villeray-Saint-Michel-Parc-Extension area offers a diversified real estate market, with prices varying according to sub-neighborhood and proximity to metro stations.

In 2024, the overall median price of a condo in this area near metro stations stands at $493,937, with prices ranging between $353,000 and $572,500, reflecting differences in urban development and of real estate demand.

Meanwhile, according to the APCIQ 2024 residential barometer, the average price of a condo in Villeray is CAD$500,156, CAD$752,389 for a single-family home and CAD$807,793 for a plex.

Condo prices in Villeray

The Villeray district is one of the borough’s most popular areas, thanks to its urban village atmosphere, local shops and green spaces like Parc Jarry. This dynamism is reflected in the price of condos near metro stations, with an average median price of $516,500 in 2024.

Condo prices by metro station in Villeray

Jarry – 510 000 $

Located close to Parc Jarry, this station is popular with young families and professionals, offering a vibrant neighborhood life and quick access to downtown.

Crémazie – 467 000 $

Slightly more affordable, Crémazie attracts those seeking a quiet residential setting with good transport links.

Jean-Talon – 572 500 $

Located at the intersection of the orange and blue lines, this station is at the heart of the district’s commercial activity, thanks in particular to the Jean-Talon Market, which explains the high demand for real estate.

Price of a condo in Parc Extension

Parc-Extension is a neighborhood in the throes of change, with close proximity to the Université de Montréal’s MIL Campus. The arrival of new real estate projects and improved infrastructure make this sector increasingly attractive, with an average median price near metro stations of $520,500.

Condo prices by metro station in Parc-Extension

De Castelnau – 520 000 $

A neighborhood in transition, where numerous new developments stand side by side with older buildings. Ideal for young buyers and investors looking for upside potential.

Parc – 521 000 $

Strategic station offering access to the commuter rail line and downtown in just a few minutes. A sector appreciated by professionals and students alike, especially given its proximity to the MIL Campus.

Condo prices in Saint-Michel

The Saint-Michel sector is the most affordable in the borough, with an average median price near the metros of $453,667. This neighborhood attracts mainly first-time buyers and investors looking for an affordable property with good public transport links.

Condo prices by metro station in Saint-Michel

Fabre – 508 000 $

A developing sector, where prices remain competitive despite growing demand.

Iberville – 500 000 $

Residential neighborhood with a varied offering of condos, attracting buyers looking for a compromise between price and accessibility.

Saint-Michel – 353 000 $

One of Montreal’s most affordable neighborhoods, perfect for first-time buyers or those looking to invest in a rapidly evolving sector.

Price of a condo in the Plateau Mont-Royal

The Plateau-Mont-Royal is one of Montreal’s most emblematic and popular neighborhoods, known for its cultural effervescence, lively cafés and proximity to downtown. With its green alleyways, colorful houses and privileged access to parks and shops, this area attracts young professionals, families and investors alike.

In 2024, the average median price of a condo in the Plateau-Mont-Royal will be $583,000 for a condo close to the metro, with little variation between stations in the neighborhood.

Meanwhile, according to the APCIQ 2024 residential barometer, the average price of a condo in the Plateau Mont-Royal is CAD$603,735, CAD$1,300,659 for a single-family home and CAD$1,144,090 for a plex.

Condo prices by metro station in Plateau-Mont-Royal

Laurier – 583 500 $

A highly sought-after neighborhood, Laurier offers easy access to the shops and restaurants of Laurier Avenue and to numerous green spaces. Its proximity to Laurier Park makes it a popular area for families.

Mont-Royal – 583 500 $

Located in the heart of the Plateau, this resort is surrounded by renowned boutiques, bars and cafés, making it a dynamic and trendy place to live. Prices remain high due to high demand and low inventory availability.

Sherbrooke – 582 000 $

Close to Mont-Royal Avenue and downtown, this station attracts professionals looking for a compromise between urban living and proximity to the Latin Quarter and university center.

Price of a condo in Côtes des neiges – Notre-dame-de-grâce

Côte-des-Neiges-Notre-Dame-de-Grâce (CDN-NDG) is one of Montreal’s most diverse neighborhoods, combining quiet residential areas, university centers and a strong commercial offering. With a large student and professional population, the real estate market is dynamic and varied.

In 2024, the average median price of a condo near metro stations in CDN-NDG will be $526,625, with significant variations between metro stations.

According to the APCIQ 2024 residential barometer, the average price of a condo in Côte des neiges is CAD$599,288, and CAD$615,382 in Notre-dame-de-grâce; CAD$1,176,449 for a single-family home in Côte des neiges, and CAD$1,176,449 in Notre-dame-de-grâce; and CAD$1,144,090 for a plex in Côte des neiges, and CAD$897,473 in Notre-dame-de-grâce.

Condo prices by metro station in Côte-des-Neiges-Notre-Dame-de-Grâce

Namur – 508 000 $

Located close to major roads and numerous recent residential developments, Namur attracts buyers looking for good value for money, particularly in new-build properties.

Plamondon – 482 500 $

A sector in transition, with affordable supply and easy access to services. Ideal for first-time buyers.

Côte-Sainte-Catherine – 411 500 $

One of CDN’s most accessible sectors, appreciated for its quiet residential environment and proximity to hospitals and universities.

Snowdon – 616 000 $

One of the district’s hubs, served by the blue and orange lines. Its attractiveness is reflected in high prices, particularly for recent condominiums.

Villa-Maria – 666 000 $

One of NDG’s most sought-after areas, offering a pleasant living environment and close proximity to Monkland’s shops. Prices are among the highest in the area.

Vendôme – 550 000 $

A strategic area, with direct access to the city center via the orange line and the Exo Vendôme train station. Proximity to Glen Hospital, a key factor influencing the local real estate market.

Côte-des-Neiges – 394 000 $

Student district with more affordable prices, mainly due to the strong presence of housing for students from neighboring universities.

Université-de-Montréal – 580 000 $

A coveted area for students and investors, with constant demand due to the proximity of the university campus.

Condo prices in the Sud-Ouest

Montreal’s southwest is an area in the midst of transformation, combining historic neighborhoods with booming areas. With its many parks, trendy restaurants and proximity to the city center, the South-West attracts young professionals and investors alike.

In 2024, the average median price of a condo near the metro in the Sud-Ouest will be $481,500, with variations depending on the neighborhood.

According to the APCIQ 2024 residential barometer, the average price of a condo in the Sud-Ouest (including Verdun) is CAD$558,594, CAD$879,516 for a single-family home, and CAD$858,057 for a plex.

Condo prices in Saint-Henri

Station : Lionel-Groulx – 517 000 $

Located at the intersection of the orange and green lines, this station is a strategic point for those seeking excellent accessibility. The Saint-Henri district, known for its cafés and refurbished industrial lofts, is in high demand.

Condo prices in Little Burgundy

Station : Georges-Vanier – 520 000 $

Located close to downtown and the Lachine Canal, this area attracts buyers looking for an urban quality of life with accessible green spaces.

Price of a condo in Côte-Saint-Paul / Angrignon

Station Jolicoeur – 485 000 $

A quiet residential neighborhood, ideal for those who want to stay close to the city center while enjoying a more peaceful setting.

Station Monk – 451 000 $

Area offering a good compromise between price and accessibility, with several shops and quick access to main roads.

Angrignon – 455 000 $

Located at the end of the green line, this neighborhood benefits from the proximity of Parc Angrignon, one of Montreal’s largest green spaces. This is an interesting option for those looking for better value for money.

Condo prices in Ville-Marie

The Ville-Marie district is the beating heart of Montreal, encompassing downtown, the Quartier des spectacles, as well as historic areas such as the Village and Sainte-Marie. With direct access to shops, businesses, universities and public transport, it attracts young professionals and investors alike.

In 2024, the average median price of a condo near metro stations in Ville-Marie will be $462,750, with variations by sub-district.

According to the APCIQ’s 2024 residential barometer, the average price of a condo in Ville-Marie is C$608,195, C$1,273,284 for a single-family home and C$944,892 for a plex.

Price of a condo in Centre-Ville, Ville-Marie

Downtown Montreal is the nerve center of the city’s economy and urban life. With its skyscrapers, shopping malls, offices and universities, it attracts a varied clientele of professionals, students and investors.

Average median price: $481,250

Condo prices by metro station in Centre-Ville

McGill – 500 000 $

Lively neighborhood with direct access to the Eaton Centre, McGill University and the shops of Sainte-Catherine Street. Very popular with students and young professionals.

Champs-de-Mars – 460 000 $

Close to Old Montreal, this area combines history and modernity, with a residential offering that attracts buyers looking to invest in a prestigious setting.

Square-Victoria – 480 000 $

Located between the financial district and Old Montreal, this area attracts a clientele of professionals and expatriates thanks to its proximity to office towers.

Peel – 500 000 $

One of the most sought-after districts, with trendy boutiques, restaurants and bars. Ideal for those who want to be at the heart of the action.

Bonaventure – 470 000 $

A popular area for commuters thanks to its proximity to the Central Station and intercity transport.

Lucien-L’Allier – 478 500 $

An evolving neighborhood, close to the Bell Centre and Griffintown, attracting fans of modern, well-located condos.

Condo prices in Centre-Ouest, Ville-Marie

The Center-West is home to areas in strong residential demand, with a mix of newer buildings and renovated historic edifices. Close to universities and shops, this sub-district attracts students and young professionals alike.

Average median price: $496,000

Condo prices by metro station in Centre-Ouest, Ville-Marie

Georges-Vanier – 520 000 $

Located between Griffintown and downtown, this fast-changing area attracts a young, active clientele.

Guy-Concordia – 497 000 $

University district par excellence, in high demand thanks to its proximity to Concordia University and popular shops and bars.

Atwater – 471 000 $

Close to the Atwater Market and Lachine Canal, this area offers a pleasant, attractive living environment for buyers looking for tranquility close to downtown.

Condo prices in the Village / Centre-Sud / Sainte-Marie, Ville-Marie

This sub-neighborhood includes areas offering more affordable prices, attracting first-time buyers and those looking for a neighborhood in the midst of renewal.

Average median price: $427,667

Condo prices by metro station in Village / Centre-Sud / Sainte-Marie

Papineau – 418 000 $

A lively neighborhood with a vibrant community atmosphere and quick access to downtown.

Beaudry – 450 000 $

Located in the heart of the Village, this area attracts a young and diverse clientele, attracted by its cultural and festive offerings.

Frontenac – 415 000 $

An area in transformation, with several new real estate developments and an affordable residential offer.

Price of a condo in the Quartier des spectacles, Ville-Marie

The Quartier des spectacles is the cultural heart of Montreal, home to numerous festivals, theaters and events throughout the year. This sector attracts an urban clientele looking to be as close as possible to the hustle and bustle of Montreal.

Average median price: $449,500

Condo prices by metro station in the Quartier des spectacles

Saint-Laurent – 459 500 $

A vibrant district, ideal for those who love nightlife and cultural events.

Berri-UQAM – 430 000 $

At the crossroads of Montreal’s transportation network, this station offers direct access to all three metro lines, as well as being close to UQAM.

Place-des-Arts – 459 000 $

Ideal for lovers of shows and entertainment, with close proximity to museums, concert halls and universities.

Condo prices in Hochelaga-Maisonneuve

The Hochelaga-Maisonneuve district, often nicknamed HoMa, is an area in full revitalization. Formerly a working-class district, it now attracts a young, dynamic clientele, attracted by its green spaces, trendy cafés and quick access to the city center.

In 2024, the average median price of a condo near metro stations in Hochelaga-Maisonneuve will be $417,563, with significant variations by sub-neighborhood.

According to the APCIQ 2024 residential barometer, the average price of a condo in Hochelaga-Maisonneuve is CAD$412,293, CAD$623,100 for a single-family home, and CAD$781,979 for a plex.

Condo prices in Hochelaga

The heart of the Hochelaga district is in high demand, with its lively neighborhood life, numerous local shops and quick access to public transport.

Average median price: $422,000

Condo prices by metro station in Hochelaga

Préfontaine – 425 000 $

An area appreciated for its peaceful residential atmosphere, yet close to the city center. Ideal for young buyers looking for a good compromise between price and accessibility.

Joliette – 419 000 $

An area undergoing radical change, with new residential projects boosting the resort’s appeal.

Condo prices in Maisonneuve / Viauville

The Maisonneuve / Viauville sector is sought-after for its proximity to Olympic Park, Saputo Stadium and the Biodome. It appeals to families and investors alike because of its potential to increase in value.

Average median price: $425,000

Condo prices by metro station in Maisonneuve / Viauville

Pie-IX – 435 000 $

The area is undergoing a major transformation, and is highly attractive thanks to its many sports and cultural facilities.

Viau – 415 000 $

An affordable area, ideal for those who want to enjoy a family environment with green spaces while remaining well connected to the city center.

Condo prices in Notre-Dame-des-Victoires, Mercier-Est and Longue-Pointe

This area, located east of Hochelaga-Maisonneuve, is one of the most affordable in Montreal. It attracts mainly first-time buyers and investors, attracted by competitive prices and proximity to major roads.

Average median price: $411,300

Condo prices by metro station in Notre-Dame-des-Victoires, Mercier-Est and Longue-Pointe

Assomption – 426 000 $

An area in transition, with several new buildings attracting a mixed clientele.

Cadillac – 448 000 $

Residential neighborhood offering a good quality of life, with easy access to shops and services.

Langelier – 400 000 $

One of the most accessible areas in the district, ideal for a first property purchase.

Radisson – 400 000 $

Station located at the end of the Green Line, with affordable real estate and quick access to major arteries.

Honoré-Beaugrand – 383 500 $

Neighborhood offering the lowest prices in the area, perfect for buyers looking to invest at a lower cost.

Price of a condo in Ahunstic Cartierville

quick access to the city center via the orange line and major roads. Its family atmosphere, numerous parks and proximity to Rivière des Prairies make it a sought-after area for families and investors alike.

In 2024, the average median price of a condo near metro stations in Ahuntsic-Cartierville will be $506,000, with variations between stations in the area.

According to the APCIQ 2024 residential barometer, the average price of a condo in Ahunstic Cartierville is CAD$440,604, CAD$879,054 for a single-family home, and CAD$896,637 for a plex.

Condo prices by metro station in Ahuntsic-Cartierville

Henri-Bourassa – 517 000 $

Located in the heart of Ahuntsic, this station is highly appreciated for its proximity to Ahuntsic Park, Promenade Fleury and numerous local shops.

Sauvé – 495 000 $

Located close to Sauvé station, this station offers quick access to the REM and downtown, making it a strategic choice for workers and investors.

Price of a condo in Laval

Laval is an attractive alternative for buyers looking for better value for money while remaining well connected to Montreal thanks to the metro’s orange line. With its many green spaces, shopping centers and modern infrastructure, Laval appeals to families and young professionals alike, who want to get away from the hustle and bustle of Montreal while maintaining quick access to downtown.

In 2024, the average median price of a condo near metro stations in Laval will be $386,333, making this sector one of the most affordable in the greater metropolitan area.

According to the APCIQ 2024 residential barometer, the average price of a condo in Laval is CAD$434,604, CAD$624,692 for a single-family home, and CAD$813,643 for a plex.

Condo prices by metro station in Laval

Montmorency – 345 000 $

Located in the heart of Laval, this station is a central hub with several recent residential developments and close proximity to Centropolis, Cégep Montmorency and Place Bell.

De la Concorde – 347 000 $

An area in full revitalization, offering a good compromise between price and accessibility, thanks in particular to the commuter rail connection.

Cartier – 467 000 $

Cartier, the closest station to Montreal, commands higher prices, mainly due to its proximity to major road access and recent real estate developments.

Price of a condo in Town Mount-Royal

Town of Mount Royal is one of the most sought-after areas on the island of Montreal, renowned for its calm, green spaces and upscale living environment. This exclusive, family-friendly residential neighborhood attracts customers looking for peace and quiet, with excellent access to the city center.

In 2024, the average median price of a condo near metro stations in Town of Mount Royal will be $570,000, one of the highest in the Montreal region.

According to the APCIQ 2024 residential barometer, the average price of a condo in Town of Mount Royal, Outremont and Westmount is CAD$872,292, and CAD$2,210,151 for a single-family home.

Condo prices by metro station in Town of Mount Royal

Acadie – 570 000 $

Located on the border of Ville Mont-Royal and Ahuntsic, this resort is close to upscale shopping centers, renowned schools and major highways.

Price of a condo in Outremont

Outremont is one of Montreal’s most prestigious neighborhoods, known for its quiet, tree-lined streets, private schools and upscale shopping. This residential area, popular with affluent families and professionals, offers an exceptional quality of life, with excellent public transport links.

In 2024, the average median price of a condo near a metro station in Outremont will be $776,500, making this neighborhood one of the most expensive in Montreal.

According to the APCIQ 2024 residential barometer, the average price of a condo in Town of Mount Royal, Outremont and Westmount is CAD$872,292, and CAD$2,210,151 for a single-family home.

Condo prices by metro station in Outremont

Outremont – 705 000 $

This residential sector is particularly sought-after for its large estates, parks and renowned academic institutions, such as Collège Stanislas and Université de Montréal.

Édouard-Montpetit – 848 000 $

One of the city’s most expensive sectors, influenced by the proximity of the Université de Montréal campus and the arrival of the Réseau Express Métropolitain (REM), which will further enhance the sector’s attractiveness.

Condo prices in Verdun

The Verdun district is one of Montreal’s hottest neighborhoods, combining proximity to downtown, access to the riverfront and a vibrant neighborhood vibe. With its cafés, trendy restaurants and numerous parks, Verdun attracts young professionals as well as families and investors looking for a pleasant, well-connected living environment.

In 2024, the average median price of a condo next to a metro in Verdun will be $501,000, confirming its growing appeal.

Condo prices by metro station in Verdun

LaSalle – 485 000 $

A more residential area, LaSalle offers a quiet living environment, while benefiting from its proximity to the riverfront and cycle paths.

De l’Église – 511 000 $

Lively area, with a high concentration of shops, cafes and restaurants. Highly sought after by young buyers for its dynamic atmosphere.

Verdun – 507 000 $

Located in the heart of the district, this sector benefits from a perfect balance between accessibility, shops and green spaces, particularly with direct access to urban beaches and parks along the river.

To help you choose the neighborhood that suits your desires, consult our neighborhood files:

Conclusion

The analysis of condo prices in Montreal in 2024 confirms a strong trend: proximity to metro stations plays a key role in the valuation of properties. Whether in central districts like Ville-Marie and Plateau-Mont-Royal, where prices remain high, or in rapidly evolving sectors like Hochelaga-Maisonneuve and Verdun, the market shows a diversity of opportunities depending on needs. and buyer budgets.

With the arrival of more favorable financing conditions in 2025, notably lower interest rates and relaxed mortgage reforms, the Montreal real estate market should continue to grow. Buyers will benefit from expanded inventory, while sellers will be able to capitalize on rising prices in several strategic sectors.

If you are considering buying a condo in Montreal, this price map by metro station is a valuable tool for evaluating opportunities according to your criteria. Do not hesitate to explore the neighborhoods that best suit your real estate project and contact our team of real estate brokers in Montreal.

Valérie Lacasse

valerie@equipels.com

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Valérie has been a real estate broker for over 10 years. Passionate about the industry and Montreal, she is one of Montreal’s most influential brokers, guaranteeing expertise and comprehensive support to her clients.

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