Montreal, Canada
Property prices · 2026 · Americas · Price +2.9% vs 2025
Property price trend in Montreal (2024–2026)
Property comparison — cities in Canada (2026)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Montreal |
|---|---|---|---|---|
| Montreal | CAD 7,276 | CAD 4,815 | CAD 1,926 | — |
| Vancouver | CAD 15,515 | CAD 10,165 | CAD 2,996 | +113.2% |
| Toronto | CAD 13,375 | CAD 8,774 | CAD 2,675 | +83.8% |
| Ottawa | CAD 6,165 | CAD 4,039 | CAD 1,913 | -15.3% |
| Calgary | CAD 5,528 | CAD 3,614 | CAD 2,020 | -24% |
| Edmonton | CAD 4,039 | CAD 2,658 | CAD 1,488 | -44.5% |
| Quebec City | CAD 3,720 | CAD 2,445 | CAD 1,169 | -48.9% |
Other Americas cities (2026)
Frequently asked questions
How much does property cost in Montreal in 2026?
In Montreal, the average price per sqm in the city centre is CAD 7,276, and CAD 4,815 outside the centre (2026 data). Prices have risen 7% since 2024.
How much is rent in Montreal in 2026?
A 1-bedroom apartment in Montreal rents for approximately CAD 1,926 per month in 2026. A 3-bedroom apartment costs around CAD 3,424/month.
Is it better to buy or rent in Montreal?
Buying and renting are roughly comparable in Montreal. The price-to-rent ratio is 20.0x — it would take approximately 20.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.80%.
What are mortgage rates in Canada in 2026?
The average mortgage rate in Canada is approximately 5.80% as of 2026. With a price-to-rent ratio of 20.0x, buyers should carefully weigh mortgage costs against rental savings.
How have property prices in Montreal changed?
Property prices in Montreal have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.
What is the price per sqm in Montreal?
The average property price per square metre in Montreal city centre is CAD 7,276 in 2026. Outside the centre, expect to pay around CAD 4,815/sqm.