Canadian Money Guide

Mont-Royal rental property market

What the official assessment roll says about income properties in Mont-Royal. Assessed values reflect market conditions on 2024-07-01 and usually lag current sale prices.

Income buildings (2+ units)
455
Dwellings in the municipality
8,806
Median year built (income buildings)
1951
Same owner for 20+ years
39.3 %

Assessed values by building size

Building sizeBuildingsDwellingsMedian assessed valueMedian value per door
12 units and more552,323$7,644,000$243,957
2 to 5 units (plexes)390872$1,301,400$619,950
6 to 11 units1074$1,822,250$239,278

Average rents, Montréal centre (October 2025) · vacancy 2.9%

Studio (1½-2½)1 bedroom (3½)2 bedrooms (4½)3 bedrooms + (5½+)
$1,005$1,131$1,346$1,625

CMHC Rental Market Survey, row and apartment units, rent paid by sitting tenants (asking rents for vacant units are higher).

Buying a typical plex in Mont-Royal

On a price of $1,300,000 (median assessed plex value), Quebec land transfer tax is about $17,611 with the provincial brackets; Mont-Royal may apply a higher rate above 500 000 $. The posted 5-year conventional mortgage rate is 6.19 % (2026-10-14).

Analyze a listing · Transfer tax calculator · CMHC and MLI Select loan

Source: Mont-Royal property assessment roll 2026 (Quebec open data, Ministère des Affaires municipales et de l'Habitation, Données Québec). Aggregates only; figures are assessed values, not sale prices, and are not an appraisal.