HonestDoor

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

    2026-09-16 00:00 · Your HonestDoor Team

    Saint-Lazare, Le Dépôt

    Le Depot, Saint-Lazare: Your Neighbour Just Asked What Your House Is Worth - Here's the Real Answer

    The Vibe Right Now

    If you've been watching the "For Sale" signs on your street and wondering what's actually going on, here's the straight story. Le Depot is holding its own in a market where not every neighbourhood can say the same. We're sitting in a spot that's affordable relative to the rest of Saint-Lazare, and that's actually a selling point - not a knock.

    Houses: Steady Hands

    For those of us with houses in Le Depot, the numbers are telling a calm but encouraging story. The average HonestDoor Price is sitting at $615,605, up 0.64% from last period. That's not a fireworks show, but it's movement in the right direction.

    • Average HonestDoor Price: $615,605 (up 0.64%)
    • Average sale price: $737,500
    • Price per square foot: $444
    • Predicted market value: $611,686 - up from the 3-month average of $606,107
    • Estimated monthly rent: $2,969
    • Rental yield: 5.42% - that's a strong return
    • Airbnb estimate: $147 per night
    • Growth rank: 2 out of 6 neighbourhoods in Saint-Lazare
    • Affordability rank: 2 out of 2 - one of the most affordable options around

    That 5.42% rental yield is the number worth circling. In a market where a lot of investors are chasing thin margins, Le Depot houses are delivering real income potential. And landing 2nd out of 6 on the neighbourhood growth leaderboard? We're punching above our weight here.

    Condos: A Dip Worth Watching

    The condo picture is a little more mixed, and we're not going to sugarcoat it. The average HonestDoor Price for condos dropped 5.45% to $453,100. That's the kind of move that gets your attention. The predicted market value is $479,200 - essentially flat compared to the 3-month moving average of $479,100 - and recent value change sits at -0.02%.

    • Average HonestDoor Price: $453,100 (down 5.45%)
    • Predicted market value: $479,200
    • Estimated monthly rent: $2,330
    • Rental yield: 3.89% - moderate, not spectacular
    • Airbnb estimate: $115 per night
    • Growth rank: 4 out of 4 neighbourhoods in Saint-Lazare

    Sitting last on the condo growth leaderboard for Saint-Lazare is a signal worth taking seriously. It doesn't mean panic - it means condo owners here need to be sharp about pricing if they're thinking about a move.

    The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Bill

    Here's the thing most homeowners in Le Depot don't realize. 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 doesn't wait for paperwork.

    The HonestDoor Price is updated in real time, pulling from actual sales activity and current market signals. For house owners here, that means the $615,605 average reflects what buyers are actually doing right now - not what an assessor calculated last year. When your neighbour's house sells and yours hasn't been looked at in months, the HonestDoor Price is the real-world check that keeps you from leaving money on the table or pricing yourself out of a deal.

    For condo owners, this matters even more right now. A 5.45% drop in HonestDoor Price is the kind of shift a static assessment will completely miss. Knowing your real number today means you can make a real decision - not one based on stale data.

    The So What - Should You Sell This Summer?

    If you own a house in Le Depot and you've been on the fence, this summer is worth a serious look. We're ranked 2nd for growth in Saint-Lazare, the predicted value is trending up, and buyers looking for affordability compared to Cedarbrook ($915,242) or even Saint-Lazare proper ($695,701) are going to land on streets like ours. You have a price advantage and a growth story - that's a decent hand to play.

    If you own a condo, the honest advice is to move carefully. The market is taking a breather in this segment. That doesn't mean don't sell - it means price it right from day one. An overpriced condo in a cooling segment sits. A well-priced one still moves.

    Either way, the first step is the same - check your HonestDoor Price today. Not your assessment. Not a guess. The actual number, based on what's happening in Le Depot right now.

    le dépôt | saint-lazare | september 2026

    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.

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    Data is deemed reliable but is not guaranteed accurate by the REALTORS® Association of Edmonton.Copyright 2025 by the REALTORS® Association of Edmonton. All Rights Reserved.

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    REALTOR®, REALTORS®, and the REALTOR® logo are certification marks that are owned by REALTOR® Canada Inc. and licensed exclusively to The Canadian Real Estate Association (CREA). These certification marks identify real estate professionals who are members of CREA and who must abide by CREA's By-Laws, Rules, and the REALTOR® Code. The MLS® trademark and the MLS® logo are owned by CREA and identify the quality of services provided by real estate professionals who are members of CREA.


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