Villeray Saint Michel Parc Extension, Montreal - July 2026 Real Estate Report

Villeray Saint Michel Parc Extension: Solid Value, But the Market Is Catching Its Breath

The Vibe Right Now

If you own a place in Villeray Saint Michel Parc Extension and you haven't checked your numbers lately, now is the time. The market here isn't crashing - but it isn't sprinting either. Prices have dipped slightly, sales volume is thin, and the neighbourhood sits in the middle of the pack on the Montreal leaderboard. Here's what that actually means for your wallet.

Houses: Still a Strong Asset, Just Cooling Off a Touch

The average HonestDoor Price for a house here sits at $873,317 - down a modest 0.86% from last period. That's not a red flag, but it's worth watching. The predicted market value is actually nudging up to $880,909, which is above the 3-month moving average of $873,767. So the short-term trend is pointing in the right direction, even if the broader picture is quieter.

On the leaderboard, houses here rank 19 out of 27 Montreal neighbourhoods for growth - below average. But flip to the price side and we rank 6 out of 16, which puts us above average. Translation: we're holding value better than a lot of places, we're just not leading the charge right now.

• Average HonestDoor Price: $873,317 (down 0.86%)
• Predicted market value: $880,909
• Average sale price (recent): $1,075,350
• Price per square foot: $427
• Estimated monthly rent: $3,814
• Rental yield: 4.97%
• Growth rank: 19 out of 27 Montreal neighbourhoods
• Price rank: 6 out of 16 Montreal neighbourhoods

For context, Le Plateau Mont Royal houses are averaging $1,160,449 and Rosemont La Petite Patrie is at $946,898. We're priced below both - which actually makes us one of the more accessible entry points into a strong Montreal corridor.

Condos: The Numbers Need a Honest Look

The condo picture is a bit softer. The average HonestDoor Price is $447,958, down 1.37% from last period. The predicted value of $454,162 is actually slipping below the 3-month moving average of $456,014 - a small but real downward signal. Growth ranks 18 out of 21 comparable neighbourhoods, putting condos here among the bottom performers in Montreal right now.

That said, we're still priced above Saint Leonard condos ($421,704) and sitting in the middle of the pack versus Rosemont La Petite Patrie ($485,715). Price rank is 3 out of 11 - above average. So the value is there, the momentum just isn't.

• Average HonestDoor Price: $447,958 (down 1.37%)
• Predicted market value: $454,162
• Average sale price (recent): $800,000
• Price per square foot: $762
• Estimated monthly rent: $2,265
• Rental yield: 3.92%
• Growth rank: 18 out of 21 Montreal neighbourhoods
• Price rank: 3 out of 11 Montreal neighbourhoods

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

Here's the thing about city assessments - they're snapshots from the past. Montreal's municipal rolls don't update in real time. They can lag by months or even years, which means your official assessment might be telling you a number that has nothing to do with what a buyer would actually pay today.

The HonestDoor Price is a live estimate. It pulls from current market data, recent sales, and real-time signals - not a spreadsheet that was frozen two years ago. Right now, with house values nudging up toward $880,909 and condo values shifting week to week, that difference matters. If you're making any financial decision based on your property - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the number to start with, not the city's assessment.

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

Straight talk: this is not a seller's market on fire. Two houses sold last month. One condo. Volume is low, which means buyers have a bit more breathing room than they did a year ago. If you're thinking about listing this summer, here's what the data is actually telling you.

For house owners, the gap between the HonestDoor Price ($873,317) and recent average sale prices ($1,075,350) suggests that well-presented homes are still commanding strong numbers. Price it right and you can still win. Price it like it's 2022 and you'll sit.

For condo owners, the market is softer. Values are drifting slightly downward and growth is lagging most of Montreal. That doesn't mean don't sell - it means be realistic about pricing and don't wait for a bounce that may not come quickly.

The rental angle is worth knowing too. A house here can pull $3,814 a month in estimated rent at a 4.97% yield. If selling feels uncertain, holding and renting is a legitimate play. Condos yield 3.92% - moderate, but real income while you wait for the market to find its footing.

Bottom line: Villeray Saint Michel Parc Extension is solid, established, and priced below flashier neighbours. Check your HonestDoor Price today - not next year when the city gets around to it.

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.