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
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