Le Dépôt, Saint-Lazare - August 2026 Real Estate Report

Le Depot, Saint-Lazare: Your Neighbour Just Asked If Now Is a Good Time to Sell. Here Is the Honest Answer.

The Vibe Right Now

If you have been watching the "For Sale" signs in Le Depot, the market is telling two different stories depending on what you own. Houses and condos are moving in different directions, and knowing which side of that line you are on could change your summer plans.

Houses - Holding Steady With a Bit of Softness Underneath

The average HonestDoor Price for a house in Le Depot sits at $611,686, up 1.65% from the previous period. That is the good news. The slightly more cautious read is that the predicted market value for houses is $601,777, which is dipping below the 3-month moving average of $606,059. Values have nudged down 0.51% recently. Not a freefall - more like the market taking a breather.

• Average HonestDoor Price: $611,686 (up 1.65%)
• Average sale price: $737,500
• Price per square foot: $444
• Properties sold: 2 last period
• Predicted market value: $601,777
• 3-month moving average: $606,059
• Estimated monthly rent: $2,916
• Rental yield: 5.44% - that is a strong number for landlords
• Neighbourhood leaderboard - Growth rank: 3 out of 6 in Saint-Lazare (above average)
• Neighbourhood leaderboard - Price rank: 2 out of 2 (most affordable in the comparison set)

That rental yield of 5.44% is worth pausing on. If you are not living in your Le Depot house and are thinking about renting it out, the numbers actually work in your favour. And at $444 per square foot, we are sitting as the most affordable option compared to the neighbourhoods around us - which matters if buyers are being priced out of Cedarbrook ($915,817 average HonestDoor Price) and shopping downward.

Condos - The Honest Picture Is Flat

Condo owners, here is the straight talk. The average HonestDoor Price is $479,200, essentially flat - down just 0.02%. The predicted value is $479,300, barely budging from the 3-month moving average of $479,500. Values have ticked up 0.10% recently, which is better than sliding, but this is not a market that is running anywhere fast right now.

• Average HonestDoor Price: $479,200 (down 0.02%)
• Predicted market value: $479,300
• 3-month moving average: $479,500
• Estimated monthly rent: $2,450
• Rental yield: 3.88% - moderate, but still positive
• Airbnb estimate: $120 per night
• Neighbourhood leaderboard - Growth rank: 4 out of 4 in Saint-Lazare (bottom of the pack right now)

That growth rank of 4 out of 4 is not a reason to panic, but it is a reason to pay attention. Condos in Le Depot are the slowest-growing segment in the Saint-Lazare comparison group right now. If you own one and are thinking about your next move, timing matters more than it did a year ago.

The Secret Sauce - Why Your HonestDoor Price Matters More Than Your Tax Assessment

Here is something most homeowners in Le Depot do not think about until it is too late. Your city assessment is a snapshot from the past - sometimes 12 to 24 months old by the time it lands in your mailbox. The market has moved since then. The HonestDoor Price is updated in real time using actual sales data and current market signals.

For house owners, that gap between the HonestDoor Price ($611,686) and the predicted value ($601,777) is exactly the kind of nuance a static government assessment will never show you. One number tells you where the market was. The other tells you where it is heading. If you are making a financial decision - refinancing, selling, or just figuring out your net worth - you want the real-world number, not the government's best guess from last year.

Condo owners, the same logic applies. Your assessment will not reflect the current flat trend. Knowing your HonestDoor Price right now gives you an honest baseline before you talk to an agent or a lender.

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

For house sellers - you are in a reasonable spot. Le Depot is the most affordable option in the local comparison group, which means buyers who got priced out of Cedarbrook or the broader Saint-Lazare market are likely looking your way. The 5.44% rental yield also means investor buyers are in the mix, not just families. Two sales last period is a thin number, so pricing sharp and presenting well matters more than ever. Do not leave money on the table by relying on an old assessment.

For condo sellers - be realistic. The market is flat, growth is at the bottom of the local leaderboard, and buyers have options. That does not mean you cannot sell - it means you need to price based on where the market actually is today, not where you hoped it would be. Pull your HonestDoor Price, compare it to the $479,300 predicted value, and have an honest conversation about your timeline.

Bottom line - Le Depot is not a market in trouble. It is a market that rewards people who go in with accurate information. That starts with knowing your real number.

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.