Saint Leonard, Montreal - October 2026 Real Estate Report
Saint Leonard, Montreal: Your Neighbour Just Listed. Here Is What You Need to Know.
If you have been watching the "For Sale" signs pop up around Saint Leonard this season, here is the straight story on what is actually happening with prices, who is buying, and whether now is the right time to make a move.
The Vibe: What the Market Is Doing Right Now
Saint Leonard is holding its ground. We are not seeing a frenzy, but we are not seeing a fire sale either. The market here is steady, and for homeowners, that is actually good news. Let us break it down by property type.
Houses: Still the Heavyweight
Houses in Saint Leonard are the real story. If you own one, pay attention.
- Average sale price: $1,200,311 - essentially flat from last month
- Price per square foot: $286
- Properties sold last month: 9 - volume holding steady
- HonestDoor Price (predicted market value): $950,406
- 3-month moving average: $944,223 - the trend is pointing up
- Estimated monthly rent: $4,054
- Rental yield: 4.80% - solid, moderate returns for investors
- Recent value change: up 0.75%
- Neighbourhood growth rank: 10 out of 27 in Montreal - that puts us in above-average territory
- Price rank: 4 out of 16 in Montreal - we are near the top of the price ladder
That growth rank is worth framing as a leaderboard stat. Out of 27 comparable Montreal neighbourhoods, Saint Leonard houses sit in the top third for growth. We are not leading the pack, but we are ahead of most. For a neighbourhood that already ranks 4th on price, holding that position while still growing is a strong signal.
Condos: Taking a Breather
The condo side is a different picture. Values have dipped slightly, and the trend line is pointing modestly downward for now.
- Average HonestDoor Price: $408,907 - down 1.10% from last period
- Predicted market value: $413,466
- 3-month moving average: $415,208 - values are easing back slightly
- Estimated monthly rent: $2,134
- Rental yield: 4.00% - moderate but workable
- Recent value change: -0.29%
- Neighbourhood growth rank: 9 out of 21 in Montreal - still above average
- Airbnb rank in Montreal: 11th overall
A 1.10% dip is not a crisis. It is a breather. And even with that softness, Saint Leonard condos still beat out nearby Montreal Nord ($355,762 predicted value) and Anjou ($378,117). We are still the more expensive option in this corner of the city - which cuts both ways depending on whether you are buying or selling.
One number worth noting for condo investors: Airbnb potential sits at roughly $105 per night, ranking 11th in Montreal. Not the top of the city, but a real secondary income option if you are thinking about that angle.
The Secret Sauce: Why Your HonestDoor Price Matters More Than Your Tax Assessment
Here is the thing most Saint Leonard homeowners do not realize. Your city assessment is a snapshot from the past. It gets updated on a slow government schedule and often lags real market conditions by a year or more. By the time it lands in your mailbox, the market has already moved.
The HonestDoor Price is different. It is a real-time estimate that tracks actual market movement - not what a bureaucrat calculated 18 months ago. For houses in Saint Leonard, the HonestDoor Price is sitting at $950,406 right now, and it is trending above the 3-month average of $944,223. That upward movement is the kind of detail a static assessment will never show you.
If you are making any financial decision tied to your home - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to check first. Think of it as the real-world check against an outdated government figure.
The "So What?" - Thinking About Selling This Summer?
If you own a house in Saint Leonard and you have been sitting on the fence, the data is nudging you toward action. Here is why.
- Prices are not crashing. The average sale price is holding above $1.2 million.
- The HonestDoor Price is trending upward from its 3-month average - momentum is on your side.
- We rank 4th on price out of 16 Montreal neighbourhoods. Buyers looking at this end of the market know Saint Leonard delivers value.
- Nine homes sold last month. That is a real, active buyer pool - not a ghost town.
For condo owners, the calculus is a little different. Values have softened slightly. If you are not in a rush, waiting to see if the 3-month trend stabilizes makes sense. If you need to move this summer, pricing sharp and leaning on that 4.00% rental yield story for investor buyers is your best play.
Bottom line: Saint Leonard is not the flashiest market in Montreal right now, but it is one of the most consistent. And in real estate, consistent beats flashy almost every time.
saint leonard | 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.