L Ile Bizard Sainte Genevieve, Montreal - July 2026 Real Estate Report

L'Ile Bizard-Sainte-Genevieve Real Estate Update: The Island Is Holding Its Own

If you live on the island and you've been wondering whether your home is still worth what you think it is - the short answer is yes, mostly. But the story is different depending on whether you own a house or a condo. Here's the real breakdown.

The Vibe: Houses vs. Condos

For houses, we're in pretty solid shape. The average HonestDoor Price sits at $785,517, and yes, it's down 2.31% from the last period - but before you panic, look at what's actually selling. The average sale price for houses is $951,667, and that number is holding steady. Three homes sold last month, which is a small sample, but the price per square foot is sitting at $468. That's not a market in freefall. That's a market taking a breather.

The predicted market value for houses is $804,201, and it's trending up from the 3-month moving average of $794,101. That upward momentum matters. Property values have moved 2.68% recently, which puts us at rank 9 out of 27 comparable neighbourhoods in Montreal for growth. That's above average. We're not leading the pack, but we're not getting lapped either.

• Average HonestDoor Price (Houses): $785,517
• Average Sale Price: $951,667
• Price Per Square Foot: $468
• Predicted Market Value: $804,201
• Rental Estimate: $3,490/month
• Rental Yield: 5.11% - strong returns
• Growth Rank: 9 out of 27 in Montreal (above average)
• Price Rank: 8 out of 16 in Montreal (above average)

For condos, the picture is more cautious. The average HonestDoor Price is $360,658, essentially flat with a 0.07% dip. The predicted value of $360,903 is actually sliding slightly below the 3-month moving average of $364,159. Condo values have dipped 0.33% recently, and the growth rank is 14 out of 21 in Montreal - that puts us in below-average territory for condo growth right now. Rental yield is 4.09%, which is moderate but not a standout number. Compared to nearby spots like Iles-Laval and Lakeroad, our condos are priced lower, which could be an opportunity for buyers but is worth knowing if you're a condo owner thinking about timing a sale.

• Average HonestDoor Price (Condos): $360,658
• Predicted Market Value: $360,903
• Rental Estimate: $1,885/month
• Rental Yield: 4.09% - moderate
• Growth Rank: 14 out of 21 in Montreal (below average)
• Airbnb Rank in Montreal: 19th

The Secret Sauce: Why You Should Check Your HonestDoor Price Right Now

Here's the thing about your city tax assessment - it's a snapshot from the past. The city reassesses on a fixed cycle, which means your official assessment could be based on market conditions from a year or two ago. A lot has moved since then.

The HonestDoor Price is updated in real time using actual sales data and current market signals. For house owners here, the HonestDoor Price of $785,517 reflects what's happening right now - not what was happening when a city assessor last ran the numbers. If you're a house owner and your assessment is sitting well below that figure, you could be leaving money on the table when you price a listing. If you're a condo owner, the HonestDoor Price gives you a grounded, current number to work from instead of guessing.

Think of it this way - the tax assessment tells you what the city thinks your home was worth. The HonestDoor Price tells you what the market thinks it's worth today. Those two numbers are not always the same, and the gap between them is where smart decisions get made.

The So What: Should You Sell This Summer?

If you own a house on the island, the case for selling this summer is real. Prices are above average for Montreal, the predicted value is climbing, and buyers comparing us to Laval-Sur-Le-Lac (where average sale prices hit $866,400) are finding that L'Ile Bizard-Sainte-Genevieve is actually competitive - and in some cases, a better value. That draws interest. A rental yield of 5.11% also means investor buyers are paying attention, which adds demand.

If you own a condo, summer 2025 calls for a more careful look. Growth is below average right now, and the predicted value is drifting slightly downward. That doesn't mean don't sell - it means price it right from day one. An overpriced condo in a below-average growth market sits. A well-priced one moves.

Either way, the first step is the same - check your HonestDoor Price, compare it to your last tax assessment, and see where the gap is. That gap is your starting point for any real conversation about what to do next.

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.