Monthly payment for a $428,000 CDN condo?

With 20% down ($85,600) and a 5-year fixed at 3.69% over 25 years, the principal + interest payment is about $1,750 on a $342,400 mortgage, excluding condo fees.

Is CDN a good area for rental condo investment?

Yes. Proximity to Université de Montréal, HEC, Polytechnique, Sainte-Justine and Jewish General hospitals ensures stable student and professional rental demand and low vacancy.

What are typical condo fees in CDN?

For a standard 800-950 sqft condo, expect $250 to $400 per month depending on building age and amenities (elevator, gym, concierge). Always check the contingency fund before buying.

How can I find a broker specialized in Côte-des-Neiges?

CourtiConnect compares OACIQ-licensed brokers active in CDN-NDG for free. Get up to 3 proposals from brokers in the area.

Côte-des-Neiges Real Estate Market 2026: $428,000 Condo

🎯 What is your CDN condo worth?

Free estimate based on recent sales

Estimate my condo →

Côte-des-Neiges is one of the densest and most multicultural neighbourhoods in Montreal, marked by Université de Montréal, HEC, Polytechnique, and the Sainte-Justine and Jewish General hospitals. In April 2026, the median condo sits around $428,000, slightly above the Montreal condo median of $420,000 published by QPAREB (+3% YoY). To compare with the rest of the metro area, see also our article what is my condo worth in Montreal 2026.

💰 CDN condo median vs Montreal

$428,000

Condo CDN

$420,000

Condo MTL (QPAREB)

+3%

YoY change MTL

The Montreal condo median per QPAREB March 2026 is $420,000 (+3% YoY). Côte-des-Neiges historically trades at a slight premium — observed ratio 1.02× — placing the local median around $428,000.

🧮 Reproducible calculation: $428,000 at 3.69%

Purchase price	$428,000
Down payment (20%)	$85,600
Mortgage	$342,400
5-year fixed rate	3.69%
Amortization	25 years
Monthly payment (P&I)	~ $1,750

Add typical CDN condo fees ($250-400/month) and municipal taxes for total monthly cost.

🏛️ Rental demand and yield

CDN concentrates a structurally high rental demand: Université de Montréal, HEC, Polytechnique, Sainte-Justine and Jewish General hospitals generate constant flows of students, residents, nurses and researchers. A 2-bedroom 800 sqft condo typically rents for $1,700 to $2,100/month, giving a price-to-rent ratio of about 200× — above the typical 150× profitability threshold.

🔍 Estimation methodology

📐 Estimates based on QPAREB March 2026 data (Montreal condo median $420,000, +3%) and historical sector ratios. CDN / MTL ratio: 1.02×. For a precise valuation, request a comparative analysis from an OACIQ-licensed local broker.

🎯 Buyer and seller strategy in April 2026

✅ Buyers

Verify contingency fund before any offer

Prefer buildings under 25 years old

Lock in 5-year fixed at 3.69% before BoC April 29

💰 Sellers

Condo market +3% YoY — good timing

Highlight UdeM / hospital proximity

Prepare condo documents in advance

Estimate your CDN condo for free

Based on recent sales in Côte-des-Neiges.