Year: 2026 2025 2024
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Montreal, Canada

Property prices · 2025 · Americas · Price +4% vs 2024

Price/sqm — City Centre CAD 7,072
Price/sqm — Outside Centre CAD 4,680
1-Bed Rent / Month CAD 1,872
3-Bed Rent / Month CAD 3,328
Avg Mortgage Rate 5.80%
Price-to-Rent Ratio 20.0x Buying and renting are roughly comparable

Property price trend in Montreal (2024–2026)

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Property comparison — cities in Canada (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Montreal
Montreal CAD 7,072 CAD 4,680 CAD 1,872
Vancouver CAD 15,080 CAD 9,880 CAD 2,912 +113.2%
Toronto CAD 13,000 CAD 8,528 CAD 2,600 +83.8%
Ottawa CAD 6,003 CAD 3,933 CAD 1,863 -15.1%
Calgary CAD 5,382 CAD 3,519 CAD 1,966 -23.9%
Edmonton CAD 3,933 CAD 2,588 CAD 1,449 -44.4%
Quebec City CAD 3,622 CAD 2,380 CAD 1,138 -48.8%

Other Americas cities (2025)

Frequently asked questions

How much does property cost in Montreal in 2025?

In Montreal, the average price per sqm in the city centre is CAD 7,072, and CAD 4,680 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Montreal in 2025?

A 1-bedroom apartment in Montreal rents for approximately CAD 1,872 per month in 2025. A 3-bedroom apartment costs around CAD 3,328/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 2025?

The average mortgage rate in Canada is approximately 5.80% as of 2025. 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 +4% vs 2024. 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 7,072 in 2025. Outside the centre, expect to pay around CAD 4,680/sqm.

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