What is the median home price in Town of Mount Royal in 2026?

Approximately $1,064,000, about 1.9 times the Montreal median ($560,000) per QPAREB March 2026 and historical TMR ratios. Low-volume sector — indicative median, significant variations possible by property.

Monthly payment for a $1,064,000 TMR home?

With 20% down ($212,800) and a 5-year fixed at 3.69% over 25 years, the principal + interest payment is about $4,350 on a $851,200 mortgage.

Why is Town of Mount Royal so expensive?

Independent municipality created in 1912 on a British garden-city plan, prestigious private schools, low density, many parks, fast downtown access via REM Mont-Royal and Décarie expressway.

Are there condos in Mont-Royal?

Yes, mainly in the Royalmount area around the REM station, with a median around $651,000 (×1.55 vs Montreal condo median). The market remains dominated by single-family homes.

How can I find a broker specialized in Mont-Royal?

CourtiConnect compares OACIQ-licensed brokers active in Town of Mount Royal, including luxury specialists.

Mont-Royal Real Estate Market 2026: TMR Home $1,064,000

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Town of Mount Royal (TMR) is one of the most prized municipalities in the Montreal metro area in 2026. Created in 1912 on a British garden-city plan, the town stands out for its low density, many parks and prestigious private schools. The median single-family home sits around $1,064,000, about 1.9 times the Montreal median of $560,000 per QPAREB. To compare with other luxury areas, see also our Montreal house prices 2026 analysis.

⚠️ Methodological warning: Low-volume sector — indicative median, significant variations possible by property. A TMR home can trade between $800K (small cottage) and over $3M (large estate on Roosevelt or Athlone).

💰 Mont-Royal vs Montreal

$1,064,000

Single-family TMR

$651,000

Condo TMR

× 1.9

Premium vs MTL

Mont-Royal applies a 1.90× ratio on the Montreal single-family median. The TMR condo (~$651,000 median) trades at 1.55 times the Montreal condo median — supported by Royalmount development around the REM Mont-Royal station.

🧮 Reproducible calculation: $1,064,000 at 3.69%

Purchase price	$1,064,000
Down payment (20%)	$212,800
Mortgage	$851,200
5-year fixed rate	3.69%
Amortization	25 years
Monthly payment (P&I)	~ $4,350

For a TMR condo at $651,000, monthly payment drops to about $2,660.

🏛️ TMR segments

3-bedroom cottage — $800K to $1.1M, peripheral areas

Traditional family home — $1.1M to $1.8M, central TMR

Large estate — $1.9M to $3.5M+, Roosevelt / Athlone / Saint-Clare

Royalmount condo — $500K to $950K, new REM station projects

🔍 Estimation methodology

📐 Estimates based on QPAREB March 2026 data and historical sector ratios. Mont-Royal ratios: 1.90× on single-family, 1.55× on condo. Low-volume sector — indicative median, significant variations possible by property.Request a comparative analysis from a luxury-specialized OACIQ broker for precise valuation.

🎯 Buyer and seller strategy

✅ Buyers

Validate borrowing capacity well in advance

Work with a luxury-specialized broker

Slow market: take time to compare

💰 Sellers

Professional photography mandatory

Plan longer days-on-market (60-120 days)

Target international buyer network

Sell your Mont-Royal home

Compare luxury specialists active in TMR.

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