Saint Leonard, Montreal - September 2026 Real Estate Report

Saint Leonard, Montreal: Your Neighbour Just Got a Reality Check on Their Home Value

If you own a place in Saint Leonard and you're still going off your city tax assessment, you're probably looking at a number that has nothing to do with what your home is actually worth right now. Here's the real picture.

The Vibe: What's Happening With Houses and Condos Right Now

Let's break it down by property type, because the story is a little different depending on what you own.

Houses in Saint Leonard

If you've been watching the "For Sale" signs around here, here's what's actually happening. The average sale price for a house sits at $1,200,311, and that number has been holding steady. Sales volume is consistent at 9 properties sold, which tells us demand isn't falling off a cliff - buyers are still showing up.

The HonestDoor Price for houses is averaging $950,406, up 0.75% from the previous period. That's not a fireworks moment, but it's movement in the right direction. The predicted market value is $943,302, which is just slightly below the 3-month moving average of $944,448 - a signal that we're in a mild cooldown, not a freefall.

• Average HonestDoor Price (Houses): $950,406 - up 0.75%
• Average Sale Price: $1,200,311 - essentially unchanged
• Price per square foot: $286
• Predicted Market Value: $943,302
• Estimated Monthly Rent: $4,036
• Rental Yield: 4.81%
• Airbnb Potential: $201 per night - ranked 7th in Montreal
• Neighbourhood Growth Rank: 12 out of 27 in Montreal - above average
• Price Rank: 4 out of 16 in Montreal - well above average

That growth rank is worth paying attention to. On the neighbourhood leaderboard, Saint Leonard houses sit in the top half of Montreal - above average in both growth and price. Compared to nearby Montreal Nord (HonestDoor Price $750,151) and Anjou ($731,064), we're playing in a different league. Even Rosemont La Petite Patrie, which gets a lot of the buzz, comes in at $948,107 - just a hair below us.

Condos in Saint Leonard

The condo picture is a bit more honest about where things stand. The HonestDoor Price for condos is $413,466, down 0.29% from the previous period. The predicted market value is $414,686, but that's slipping below the 3-month moving average of $417,954. The market is taking a breather here.

• Average HonestDoor Price (Condos): $413,466 - down 0.29%
• Predicted Market Value: $414,686
• Estimated Monthly Rent: $2,141
• Rental Yield: 3.99%
• Airbnb Potential: $106 per night - ranked 11th in Montreal
• Neighbourhood Growth Rank: 11 out of 21 in Montreal - below average

On the condo leaderboard, we're sitting at 11 out of 21 neighbourhoods - just below the midpoint. That's not a crisis, but it does mean condo owners need to be sharp about pricing if they're thinking about selling. The good news is we're still ahead of nearby Montreal Nord (predicted value $358,111) and Anjou ($375,203), so relative to the immediate competition, Saint Leonard condos hold their ground.

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

Here's the thing most homeowners 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. It doesn't know what sold on your street last month. It doesn't account for the renovations you did, or the fact that buyer demand shifted since that number was calculated.

The HonestDoor Price is updated in real time using actual market data. For a Saint Leonard house owner, that's the difference between thinking your home is worth one number and discovering it's closer to $950,406 - or higher. That gap can mean tens of thousands of dollars left on the table if you price based on an outdated assessment.

Think of the HonestDoor Price as the real-world check. It's what a serious buyer's agent is already looking at when they walk through your door. You should be looking at it too.

The "So What?" - Thinking About Selling This Summer?

If you own a house in Saint Leonard and you're considering listing this summer, the data is actually working in your favour. Prices are holding, the neighbourhood ranks above average in Montreal for both growth and price, and you're sitting above comparable areas like Anjou and Montreal Nord. A rental yield of 4.81% also means investors are paying attention to this area - and investor interest supports prices.

For condo owners, the message is: don't wait too long. Values are drifting slightly below the 3-month average, and the growth rank puts us in the bottom half of Montreal condos right now. That doesn't mean panic - it means price it right from day one. An overpriced condo in a softening segment sits. A well-priced one moves.

Either way, the first step is knowing your real number. Check your HonestDoor Price before you call an agent, before you set a listing price, and before you assume your tax assessment tells the whole story. It doesn't.

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.