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Property prices in Mont-Royal · Census 2021 and Statistics Canada

Owners in Mont-Royal value their homes at 4.6 times the median of Quebec’s towns

The census median was $1,390,000 in 2021, against $300,000 for Quebec’s towns. No sales are published for towns in Quebec, Mont-Royal included, so owners’ values are the measure. Single-family homes are on the 2026 roll at a median $1,796,900; the roll values them as of July 1, 2024.

Median home value
$1.39M
owners’ estimate, census 2021
average $1.48M
Property roll value
$1.8M
single-family homes, roll 2026
market at July 1, 2024
New homes a year
123
permits, 2018–2023
15.7 per 1,000 homes
Owner households
5,030
census 2021
65% of households
What homes are worth

What Mont-Royal’s homes are worth, two ways

Two sources, each set against Quebec’s towns only: provinces measure value differently, so they don’t line up across borders. Census values are owners’ own estimates, taken in May 2021, before the rise in interest rates.

Census 2021$1.39M

median, owners’ estimate

Average
$1.48M
Owners
5,030
Quebec’s towns
$300K
The typical Canadian town
$406K
Property roll 2026$1.8M

single-family, market at July 1, 2024

Quebec’s towns
$353K

Census 2021 (Statistics Canada); Canadian Housing Statistics Program, tables 46-10-0099 and 46-10-0093; Québec rôle d’évaluation foncière 2026 (MAMH).

The roll by kind

Built in 1951: the median house in Mont-Royal, where Quebec’s towns sit at 1981

Mont-Royal’s roll counts its dwellings 48% in single-family houses, 29% in buildings of six units or more, 13% in condos and 10% in plexes.

Value by kind

Median roll value by kind, 2026 the tick is the median of Quebec’s towns

Detached houses$2.13M
Semi-detached and row$1.43M
Condos$584K
Plexes (2–5 units), a building$1.3M
Dwellings on the roll

Dwellings by kind of building

Single-family houses48%
Condos13%
Plexes10%
Buildings of 6+ units29%
1951
year the median house was built (Quebec’s towns: 1981)
8%
of dwellings built since 2016
8,608
dwellings on the roll

Rôle d’évaluation foncière 2026 (MAMH): a kind’s median needs 10 units or more; plexes are valued per building; each municipality’s roll has its own market date. The ticks are the median of Québec’s municipalities with their own roll.

The homes

63% of Mont-Royal’s homes predate 1961, against 21% for Quebec’s towns

Of the 7,735 homes people lived in across Mont-Royal at the 2021 census, 32% were single-detached houses.

When they were built

Homes by period of construction the tick is the median of Quebec’s towns

Before 196163%
1961–198019%
1981–20006%
2001–20158%
2016–20214%
What kind of home

Homes by kind

Single-detached houses32%
Semi-detached houses18%
Row houses3%
Flats in a duplex7%
Apartments, under 5 storeys27%
Apartments, 5+ storeys14%
Against the median town of the province and of Canada
Mont-RoyalQuebecCanada
Condominiums22%8%8%
Needing major repairs7%6%6%
Too small for the household8%2%3%
Households in core housing need6%3%7%

Census 2021 (Statistics Canada): occupied private dwellings; core housing need as Statistics Canada defines it. Ticks and columns are medians of the towns and neighbourhoods of 2,500 or more.

New homes

Building at the pace of Quebec’s towns: 15.7 new homes a year per 1,000 in Mont-Royal, against 15.1

Building permits added 739 homes in Mont-Royal between 2018 and 2023: some 123 a year. Very few were houses: 3% in single-unit buildings (Quebec’s towns: 39%).

Permits by year, 2018–2023

The busiest year: 2021, with 306 new homes

Single-unit buildingsTwo or more units
0100200300400201820192020202120222023
The pace

New homes a year per 1,000 homes

Mont-Royal15.7
Quebec’s towns15.1
The typical Canadian town13.8
$31M
of new residential construction a year, 2019–2023
The metro area

Rising: 31,370 new homes in the 12 months to August 2026, 19% more

010,00020,00030,00040,00020212022202320242025

Area-wide: monthly permits, counted over the Montréal metro area

Statistics Canada, tables 46-10-0087 (building permits by census subdivision, 2018–2023: dwelling units created, new construction and conversions) and 34-10-0292 (monthly, metro areas). Per 1,000: units a year over 2019–2023 against occupied homes in 2021.

Across Quebec

Mont-Royal is dearer than most of Quebec’s towns: 363% above their $300,000 median

510 of Quebec’s towns (2,500 people or more), by median value at the 2021 census, dearest first.

Median value, census 2021

Census 2021, owners’ estimates; towns and neighbourhoods of 2,500 or more, no city as a whole, no reserve.

Lower values near Mont-Royal: Parc-Kent, Parc-Extension and Savane

Next to Mont-Royal: 2021 census values and the share of owners.

Parc-KentParc-ExtensionSavaneChameran/MontpellierOutremontÉdouard-MontpetitParc-KentParc-ExtensionSavaneChameran/MontpellierOutremontÉdouard-MontpetitMont-Royal
Prices next door
TownMedian home valueAverageOwnerskm
Mont-Royal$1.39M$1.48M65%
Parc-Kent$850K$873K19%1.6
Parc-Extension$552K$565K20%1.9
Savane$500K$559K22%2.1
Chameran/Montpellier$400K$435K24%2.6
Outremont$800K$1.22M55%2.7
Édouard-Montpetit$700K$636K12%2.8

Census 2021 values; km.

Questions about property prices in Mont-Royal

Is Mont-Royal expensive for Quebec?

Above the norm for Quebec’s towns, whose median home is worth $300,000; Mont-Royal’s is worth more.

How many households in Mont-Royal are in core housing need?

Statistics Canada puts 6% of Mont-Royal’s households in core housing need, a higher share than the 3% of Quebec’s towns.

Sources: Statistics Canada, Census of Population 2021 · Statistics Canada, building permits (tables 46-10-0087 and 34-10-0292) · Ministère des Affaires municipales et de l’Habitation, rôle d’évaluation foncière 2026. Under the Statistics Canada Open Licence.

Adapted from Statistics Canada (Census of Population 2021, population estimates 2025, 2021 census boundaries) under the Statistics Canada Open Licence; this does not constitute an endorsement by Statistics Canada. Neighbourhood names in some cities © OpenStreetMap contributors (ODbL).