Outremont is one of the most prized and most expensive neighbourhoods in Montreal in 2026. Bordered by Mount Royal, the borough combines Victorian architecture, prestigious private schools (Stanislas, Collège Jean-de-Brébeuf) and elite francophone social fabric. The median single-family home sits around $1,512,000, about 2.7 times the Montreal median ($560,000 QPAREB March 2026). To contextualize this luxury premium, see also our Montreal house prices 2026 analysis.
⚠️ Methodological warning: Low-volume sector — indicative median, significant variations possible by property. An Outremont home can trade between $1.1M (small cottage) and over $4M (large mansion on Maplewood or Springgrove).
💰 Outremont vs Montreal
$1,512,000
Single-family Outremont
$693,000
Condo Outremont
× 2.7
Premium vs MTL
Outremont applies a 2.70× ratio on the Montreal single-family median — among the highest on the island. The Outremont condo (~$693,000 median) trades at 1.65 times the Montreal condo median.
🧮 Reproducible calculation: $1,512,000 at 3.69%
| Purchase price | $1,512,000 |
| Down payment (20%) | $302,400 |
| Mortgage | $1,209,600 |
| 5-year fixed rate | 3.69% |
| Amortization | 25 years |
| Monthly payment (P&I) | ~ $6,180 |
For an Outremont condo at $693,000, monthly payment drops to about $2,830.
🏛️ Outremont segments
3-bedroom cottage — $1.1M to $1.4M, Bernard / Van Horne areas
Traditional townhouse — $1.4M to $2.2M, central Outremont
Mansion / large home — $2.5M to $5M+, Maplewood / Springgrove
Luxury condo — $550K to $1.2M, new Hutchison / Querbes projects
🔍 Estimation methodology
📐 Estimates based on QPAREB March 2026 data and historical sector ratios. Outremont ratios: 2.70× on single-family, 1.65× 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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