Saint Leonard, Montreal - August 2026 Real Estate Report

Saint Leonard Real Estate Right Now: Solid Prices, But the Market Is Catching Its Breath

The Vibe on the Ground

If you own a home in Saint Leonard, here is the honest picture. The market is not crashing, but it is not sprinting either. Values are holding near the top of the Montreal leaderboard in terms of price, while growth has slowed down enough to pay attention to. This is the kind of moment where knowing your actual number matters more than ever.

Houses: Still Expensive, But Momentum Has Shifted

Let's start with the good news. Saint Leonard houses are still among the priciest in Montreal. The average sale price sits at $1,200,311, and the average HonestDoor Price is $943,302 - up a modest 0.46% from last period. For price rank, we sit at 4 out of 16 comparable Montreal neighbourhoods. That is a strong position.

Now the honest part. Only 9 houses sold last month, and recent property values have dipped 1.27%. On the neighbourhood growth leaderboard, Saint Leonard houses rank 19 out of 27 - that puts us in below-average territory for momentum right now. The market is taking a breather.

• Average HonestDoor Price (Houses): $943,302
• Average Sale Price: $1,200,311
• Price Per Square Foot: $286
• Predicted Market Value: $938,962
• 3-Month Moving Average: $938,617 (values are inching up)
• Estimated Monthly Rent: $4,022
• Rental Yield: 4.82%
• Growth Rank: 19 out of 27 Montreal neighbourhoods
• Price Rank: 4 out of 16 Montreal neighbourhoods

For landlords, a 4.82% rental yield on a house is a reasonable return in this city. And if you are thinking short-term rentals, the Airbnb rank for Saint Leonard sits at 7 in Montreal - that is a top-tier spot for nightly income potential.

Condos: Middle of the Pack, and Holding Steady

The condo story in Saint Leonard is a bit different. The average HonestDoor Price is $414,686, which has slipped 0.67% recently. The predicted market value is $417,471, but that number is trending slightly down from the 3-month moving average of $420,336. Small moves, but worth watching.

Here is where condos actually look better than houses right now - on the growth leaderboard, Saint Leonard condos rank 9 out of 20 Montreal neighbourhoods. That puts us in above-average territory for condo momentum. We are beating out nearby Anjou ($388,017 predicted value) and Montreal Nord ($361,929) by a comfortable margin.

• Average HonestDoor Price (Condos): $414,686
• Predicted Market Value: $417,471
• 3-Month Moving Average: $420,336 (slight downward drift)
• Estimated Monthly Rent: $2,157
• Rental Yield: 3.99%
• Airbnb Rank in Montreal: 11
• Growth Rank: 9 out of 20 Montreal neighbourhoods (above average)

Rosemont-La-Petite-Patrie condos average $479,256 - that is the one nearby neighbourhood where buyers pay more than they would here. For anyone priced out of Rosemont, Saint Leonard is a real alternative.

The Secret Sauce: Why Your HonestDoor Price Beats Your Tax Assessment Right Now

Here is something most Saint Leonard homeowners do not think about until it is too late. Your city tax assessment is a snapshot from the past - sometimes two or three years old by the time it lands in your mailbox. It does not know what happened to your street last month.

The HonestDoor Price is updated in real time. It is pulling from actual recent sales, current market trends, and live data - not a government formula that was locked in before the market shifted. Right now, with house values showing a recent dip of 1.27% and condo values drifting slightly below their 3-month average, the gap between your old assessment and your real-world value could be meaningful. That gap affects what you list at, what you negotiate from, and what you think your net worth actually is.

Check your HonestDoor Price now. Do not wait for the city to tell you what your home is worth six months from now.

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

Straight talk - this summer is not a slam dunk, but it is not a bad time either. Here is how to read the room.

• If you own a house, you are still in a high-price neighbourhood. But with only 9 sales last month and a growth rank of 19 out of 27, you are not in a feeding frenzy. Price it right from day one. Overpricing right now will cost you time, and time costs money.
• If you own a condo, the above-average growth rank of 9 out of 20 is actually a quiet advantage. Buyer demand for condos in Saint Leonard is holding up better than for houses relative to the rest of Montreal.
• For both property types, the rental numbers are strong. If selling feels uncertain, holding and renting at $4,022 per month for a house or $2,157 for a condo gives you real income while you wait for the market to pick up speed again.
• The Airbnb angle is worth a look too - a rank of 7 in Montreal for houses is genuinely competitive. Short-term rental income could bridge a gap if you are not in a rush to sell.

Bottom line - Saint Leonard is still a premium address in Montreal. The market is not falling apart. It is just being selective right now. Know your number, price it honestly, and you will be in a strong position.

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.