HonestDoor

    Montreal Nord, Montreal - July 2026 Real Estate Report

    2026-07-15 00:00 · Your HonestDoor Team

    Montreal, Montreal Nord

    Montreal Nord Real Talk: Your Home Is Worth More Than the City Thinks

    The Vibe Right Now

    If you've been watching the "For Sale" signs in Montreal Nord, here's what's actually happening. The market is taking a breather - prices are off slightly from their peak - but the fundamentals are still solid. Houses are holding strong near the $750K mark, condos are among the most affordable entry points in the city, and rental income is genuinely attractive for investors. This is not a market in freefall. It's a market catching its breath.

    Houses: Still a Strong Asset

    The average HonestDoor Price for a house in Montreal Nord sits at $745,535, down a modest 1.23% from last period. That small dip is worth keeping in perspective - the predicted forward value is actually $754,914, which is climbing above the 3-month moving average of $749,066. In plain terms: the short-term wobble looks like it's already correcting itself.

    • Average HonestDoor Price: $745,535
    • Predicted Market Value: $754,914
    • 3-Month Moving Average: $749,066
    • Recent Price Change: up 1.48%
    • Estimated Monthly Rent: $3,359 - $3,393
    • Rental Yield: 5.20% - that is a strong return
    • Airbnb Potential: $167 - $169 per night
    • Neighbourhood Growth Rank: 20 out of 27 in Montreal

    That 5.20% rental yield is the number landlords should be circling. In a city where yields are often squeezed, getting over 5% on a house is genuinely competitive. On the neighbourhood leaderboard, we sit at 20 out of 27 for growth - below average, yes, but the predicted value trend is pointing upward, which matters more than a single snapshot ranking.

    How do we stack up against the neighbours? Saint Leonard houses average $938,962 - significantly pricier. Pont-Viau comes in at $709,337, a bit cheaper. Saint-Vincent-De-Paul is the budget option at $649,406. Montreal Nord sits right in the middle of that range, which is actually a sweet spot for buyers who want value without going to the bottom of the market.

    Condos: Affordable Entry, Above-Average Growth

    Here is where the story gets interesting for us condo owners. The average HonestDoor Price is $361,929, down 1.00% recently. But the predicted market value is $365,596, already above the 3-month moving average of $363,240. The trend is quietly moving in the right direction.

    • Average HonestDoor Price: $361,929
    • Predicted Market Value: $365,596
    • Average Sale Price: $400,000
    • Price Per Square Foot: $471
    • Estimated Monthly Rent: $1,897 - $1,914
    • Rental Yield: 4.08%
    • Airbnb Potential: $94 - $95 per night
    • Condo Growth Rank: 5 out of 21 in Montreal - above average
    • Affordability Rank: 9 out of 11 - among the most affordable in Montreal

    That growth rank of 5 out of 21 is the headline for condo owners. We are punching above our weight. Montreal Nord condos are growing faster than most comparable neighbourhoods in the city, while still being one of the most affordable places to buy. That combination - low entry price, above-average growth - is exactly what smart buyers look for. Pont-Viau condos average $473,337 and Saint Leonard hits $421,704. We are well below both, with better growth momentum than most.

    The Secret Sauce: Your HonestDoor Price vs. Your Tax Assessment

    Here is the thing about your city assessment - it is a snapshot taken in the past, often reflecting market conditions from a year or two ago. It does not update when the market moves. The HonestDoor Price is a real-time estimate that recalculates constantly based on actual sales data, comparable properties, and current market signals.

    Right now, the predicted market value for houses in Montreal Nord is $754,914 - and that number is moving. If you are making any financial decision based on what the city told you your home was worth at the last assessment cycle, you are working with stale information. The HonestDoor Price is your real-world check. It is the number a buyer's agent is going to use when they walk through your door. You should know it before they do.

    For condo owners especially, the gap between the HonestDoor Price and the city assessment can be meaningful. With a price per square foot around $471 and a predicted value of $365,596, knowing your actual number gives you real leverage - whether you are refinancing, selling, or just figuring out if your insurance coverage still makes sense.

    So What? Thinking About Selling This Summer?

    If you are a house owner in Montreal Nord and you are thinking about listing this summer, the timing is not bad - but it is not a slam dunk either. Prices dipped slightly, but the forward trend is positive. The rental yield story means investors are still interested in this neighbourhood, which keeps demand from falling off a cliff. You are not in a panic-sell situation. You are in a "price it right and it will move" situation.

    For condo sellers, the picture is actually more encouraging. You are in a neighbourhood that ranks 5th out of 21 for condo growth in Montreal, and you are still one of the most affordable options in the city. That is a real selling point. Buyers who got priced out of Pont-Viau or Saint Leonard are going to be looking at Montreal Nord condos. Be ready for that conversation.

    Either way, the first step is the same - check your HonestDoor Price today. Not last year's assessment. Not what your neighbour thinks their place is worth. Your actual, current estimated market value. That is the number that matters when you sit down with an agent, a bank, or a buyer.

    montreal nord | montreal | july 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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    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.

    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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