Chutes-Montmorency, Québec - September 2026 Real Estate Report

Chutes-Montmorency Real Estate: What Your Neighbours Aren't Telling You

The Vibe Right Now

If you've been watching the "For Sale" signs around Chutes-Montmorency lately, here's the honest read: the market is taking a breather on houses, but condos are quietly picking up steam. These two property types are telling very different stories right now, and which one you own matters a lot for what you do next.

Houses - Steady, But Softening Slightly

The average HonestDoor Price for a house in our neighbourhood sits at $411,354. That's slipped about 1% from the last period, and the recent change is down 0.46%. Not a crash - just a pause. The predicted value is actually sitting a touch higher at $415,581, and that number is creeping up past the 3-month moving average of $414,745, which tells us the floor is holding.

Where houses really shine right now is on the rental side. A 5.80% rental yield is genuinely strong. That means if you own a house here and you're not renting it out, you're leaving real money on the table - roughly $2,098 a month in estimated rent.

• Average HonestDoor Price: $411,354
• Predicted Market Value: $415,581
• 3-Month Moving Average: $414,745
• Estimated Monthly Rent: $2,098
• Rental Yield: 5.80%
• Airbnb Estimate: $103 per night
• Neighbourhood Growth Rank: 22 out of 32 in Quebec - below average on the leaderboard

On the neighbourhood leaderboard, houses rank 22nd out of 32 comparable Quebec neighbourhoods for growth. That's below average, plain and simple. It doesn't mean we're in trouble - it means we're not leading the pack right now. Worth knowing before you price your listing.

For context, nearby Vieux-Moulin is running higher at $440,020 for houses, while Quartier 5-4 and Quartier 5-2 come in cheaper at $397,901 and $381,323. We sit comfortably in the middle of that range.

Condos - The Surprise Story

Here's where it gets interesting for us condo owners. The average HonestDoor Price is $323,156, and yes, it's down 1.80% from last period. But look at the forward-looking numbers: the predicted value is $329,096, which is running well ahead of the 3-month moving average of $326,049. And recent value change? Up 3.02%. That's a real signal that condos here are building momentum.

On the neighbourhood leaderboard, condos rank 8th out of 29 comparable Quebec neighbourhoods. That's above average - and a much better position than our houses. If you own a condo here, that ranking is worth paying attention to.

• Average HonestDoor Price: $323,156
• Predicted Market Value: $329,096
• 3-Month Moving Average: $326,049
• Estimated Monthly Rent: $1,729
• Rental Yield: 4.14%
• Airbnb Estimate: $85 per night
• Airbnb Rank in Quebec: 5th - that is top tier
• Neighbourhood Growth Rank: 8 out of 29 in Quebec - above average on the leaderboard

That Airbnb rank of 5th in Quebec for condos is not a number to gloss over. If short-term rental income is on your radar, Chutes-Montmorency condos are among the best-positioned in the province.

Compared to nearby neighbourhoods, our condos are priced significantly higher than Quartier 5-4 ($227,625), Quartier 5-2 ($243,536), and Vieux-Moulin ($172,582). We are the premium option in this cluster for condos.

The Secret Sauce - Why Your HonestDoor Price Beats Your Tax Assessment

Here's the thing about your city assessment: it's a snapshot from the past. It gets updated on a fixed schedule, and by the time it lands in your mailbox, the market has already moved. The HonestDoor Price is a real-world check - it pulls in current sales data and updates continuously, so it reflects what buyers are actually paying right now, not what they were paying two years ago.

With house values sitting at $411,354 on HonestDoor and the predicted value at $415,581, there's a gap between what the city thinks your home is worth and what the market is actually doing. If you're making any financial decision - refinancing, selling, even just benchmarking your net worth - your tax assessment is the wrong number to use. Your HonestDoor Price is the one that matters.

So What Does This Mean If You're Thinking About Selling This Summer?

For house sellers: the market is not broken, but it is competitive. You're ranked 22nd out of 32 neighbourhoods for growth, which means buyers have options. Price sharp from day one. A house sitting on the market through July and August loses momentum fast. Use the HonestDoor Price as your anchor, not your assessment, and talk to your agent about where $415,000 lands relative to recent local sales.

For condo sellers: your timing is actually pretty good. Condos here are outperforming the neighbourhood average on the growth leaderboard, the predicted value is rising past the moving average, and that top-5 Airbnb ranking gives investor buyers a real reason to pay attention. If you've been waiting for a signal to list, the data is pointing in your direction right now.

Either way - check your HonestDoor Price before you do anything else. It takes two minutes and it's the most current number you'll find. That's not a sales pitch, that's just the smart first step.

This information is all based on our opinions based on the information available to us. Everyone's situation may be different and you should reach out to us for more personalized information.