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

Villeray Saint Michel Parc Extension: Steady Hands in a Moving Market

The Vibe Right Now

If you live in Villeray Saint Michel Parc Extension and you've been wondering whether your home is holding its value - it is. The market here isn't setting records, but it isn't sliding either. That's actually a decent place to be when a lot of Montreal is figuring out its next move.

Let's break it down by property type, because houses and condos are telling two different stories right now.

Houses: Solid, But Taking a Breather

The average HonestDoor Price for a house in our neighbourhood sits at $875,882, up a modest 0.31% from last period. Recent sales are averaging $1,075,350 - which tells you that when houses do sell here, buyers are paying up for them. Price per square foot is running around $427.

• HonestDoor Price: $875,882 (up 0.31%)
• Average recent sale price: $1,075,350
• Price per square foot: $427
• Estimated monthly rent: $3,795
• Rental yield: 4.99%
• Airbnb potential: $189 per night
• Growth rank: 15 out of 27 Montreal neighbourhoods
• Price rank: 6 out of 16 - above average

The growth rank of 15 out of 27 puts us in the middle of the pack on the neighbourhood leaderboard. Not leading the race, but not falling behind either. The 3-month moving average is sitting at $875,788, and the predicted value is just a hair below that at $873,139. We're essentially flat - which in this rate environment, is a win.

How do we stack up against nearby neighbourhoods? Le Plateau Mont Royal is running much higher at $1,153,097 for houses. Rosemont La Petite Patrie and Saint Leonard are both slightly ahead of us around $948,000 to $950,000. We're priced more accessibly than our neighbours - and that gap is exactly what attracts buyers who've been priced out of the Plateau.

Condos: The Quiet Outperformer

Here's where it gets interesting. Condos in Villeray Saint Michel Parc Extension are actually punching above their weight. The HonestDoor Price is $453,281, up 0.30%, and the predicted value is trending upward against the 3-month moving average. That's a different story than houses right now.

• HonestDoor Price: $453,281 (up 0.30%)
• Average recent sale price: $800,000
• Price per square foot: $762
• Estimated monthly rent: $2,281
• Rental yield: 3.92%
• Airbnb potential: $113 per night
• Growth rank: 5 out of 21 Montreal neighbourhoods
• Price rank: 3 out of 11 - above average

That growth rank of 5 out of 21 on the condo leaderboard is genuinely strong. We're sitting above average in both price and growth for condos in Montreal. Compare that to Saint Leonard condos at $413,466 - we're ahead. And while Rosemont La Petite Patrie edges us out slightly at $479,318, we're competitive. The recent value change of 0.89% for condos is real upward movement, not noise.

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

Here's the thing about your city assessment - it's a snapshot from the past. Montreal reassesses properties on a cycle, which means the number on your tax bill could be reflecting a market that existed a year or two ago. A lot has changed since then.

The HonestDoor Price is updated in real time. It pulls from actual sales, current market signals, and what buyers are genuinely paying right now in our neighbourhood. For a house owner here, that's the difference between thinking your home is worth one number and discovering it's actually worth $875,882 - or more, depending on your specific property.

If you're making any financial decision - refinancing, selling, even just understanding your net worth - the HonestDoor Price is the real-world check. The assessment is a tax tool. The HonestDoor Price is a market tool. Those are two very different things.

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

Straight talk: the window is open, but it's not wide open. Here's how to read it.

If you own a house, you're sitting on a property that recent buyers have paid over $1,000,000 for. Inventory is thin - only 2 houses sold recently - which means less competition for you as a seller. Buyers who want this neighbourhood and can't afford the Plateau are looking here. That's your leverage.

If you own a condo, the growth momentum is actually on your side right now. A rank of 5 out of 21 in Montreal for condo growth is not something to ignore. One condo sold recently at $800,000 - well above the HonestDoor average - which suggests the right unit, priced right, gets attention.

The summer market in Montreal tends to move fast when it moves. Buyers with kids want to be settled before September. That urgency is real, and it works in a seller's favour. The play right now is to know your actual number - not your assessment, not a guess - and price with confidence.

Check your HonestDoor Price at HonestDoor.com. It takes about 30 seconds and it's the most current read on what your home is actually worth in today's market.

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.