Canadian Money Guide

Westmount rental property market

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

Income buildings (2+ units)
399
Dwellings in the municipality
9,690
Median year built (income buildings)
1908
Same owner for 20+ years
36.8 %

Assessed values by building size

Building sizeBuildingsDwellingsMedian assessed valueMedian value per door
12 units and more652,949$9,168,300$317,986
2 to 5 units (plexes)317736$1,775,500$803,350
6 to 11 units17138$3,100,000$371,429

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 Westmount

On a price of $1,775,000 (median assessed plex value), Quebec land transfer tax is about $24,736 with the provincial brackets; Westmount 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: Westmount 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.