If you own a place in RDP-PAT and the last number you checked was your city tax assessment, you're probably working with stale data. Here's the real picture, straight up.
The two markets here are telling very different stories, and it's worth knowing which one you're in.
Houses: The average HonestDoor Price sits at $611,174, up 0.61% from last period. The predicted market value is $607,554, and that number is trending upward from the 3-month moving average of $605,446. One house sold recently at an average of $550,000, coming in at roughly $444 per square foot. Not a frenzy, but not a freefall either - the market is just taking a breather.
That 5.44% rental yield is the number landlords should be paying attention to. For a house generating roughly $2,896 a month in rent, that's a real return - stronger than a lot of what you'll find elsewhere in Montreal.
Condos: This is where things get interesting for us. The average HonestDoor Price for condos is $328,372, up 0.66% recently. The predicted market value is $326,210, which is just slightly off the 3-month moving average of $327,088 - essentially flat. One condo sold, and the price-per-square-foot data reflects a very small sample, so treat that number with caution.
Condos here rank 6th out of 21 comparable Montreal neighbourhoods for growth. That puts us in above-average territory on the leaderboard - and at the most affordable price point in the category. That combination does not last forever.
Here's the thing about city assessments - they are snapshots from the past. The city rolls them out on a fixed cycle, which means your official assessed value could be reflecting a market that existed a year or two ago. A lot can shift in that time.
The HonestDoor Price is updated in real time using current sales data, market trends, and neighbourhood comparables. For house owners in RDP-PAT, that means the difference between $611,174 (HonestDoor) and whatever the city last told you could be significant money left on the table - or an inflated expectation going into a negotiation.
Nearby, Saint-Francois houses are predicted at $575,067. We are tracking higher than that. Knowing that gap exists is exactly the kind of edge a seller needs before listing.
If you are a house owner here and you have been sitting on the fence, the data gives you a mixed but workable picture. Values are holding and ticking upward. The rental yield is strong, which means buyers who are investors will look at your property seriously. The growth rank of 24 out of 27 tells us this is not the hottest-appreciating pocket of Montreal right now - but affordability relative to the rest of the city is a real selling point, especially for first-time buyers being priced out elsewhere.
For condo owners, the story is actually a bit brighter. A top-6 growth rank out of 21 comparable neighbourhoods, combined with the lowest entry price in the category, means demand has a reason to stay steady. Buyers looking for value in Montreal will find it here.
Bottom line: check your HonestDoor Price before you call an agent, before you set a list price, and definitely before you rely on that city assessment printout sitting in your filing cabinet. The market moves faster than the city does, and right now, knowing your real number is the smartest free move you can make.
riviere des prairies pointe aux trembles | montreal | october 2026This 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.