Lachine condo market — February 2026
Based on 9 actual sales · CourtiConnect
Market context: condo in Lachine
The condo market in Lachine recorded nine sales in February 2026, with a median price of $410,000 and an average price of $401,111. This positioning places Lachine significantly below the broader Montréal condo market, where the median price across 1,885 sales over the trailing twelve months stood at $555,000—a difference of 26.1 percent in Lachine's favor. This substantial gap underscores Lachine's appeal as an affordable alternative within the metropolitan area, attracting buyers seeking value in established neighborhoods. The average time on market for properties in Lachine reached 81 days, a figure that reflects a moderate pace of sales activity. This duration suggests neither a particularly tight seller's market nor an oversupply of inventory; rather, it indicates a balanced rhythm where buyers take time to evaluate options and sellers can expect their properties to remain visible long enough to find qualified purchasers. For context, an 81-day average implies that most listings remain active through two to three typical real estate market cycles. The documented sale-to-asking price ratio of 0.981 across seven documented sales reveals that buyers held meaningful negotiating leverage during this period. With the ratio falling slightly below unity, properties in Lachine were selling at approximately 1.9 percent below their asking prices on average, indicating that sellers made modest concessions to close transactions. This pattern reflects a buyer-favorable environment where price expectations needed calibration to market realities. The building profile across the nine sales shows considerable diversity in property age. Eleven percent of sales involved condos built before 1980, while the majority—56 percent—came from the 1980 to 2010 construction period. The remaining 33 percent represented newer stock built after 2010. This distribution suggests Lachine's stock comprises primarily mid-tenure buildings with established track records, complemented by a meaningful share of contemporary units. Among the nine sales, one property—representing 11 percent of transactions—was concluded without a legal warranty of quality. This outcome is a standard aspect of real estate due diligence; buyers in such transactions typically proceed with their own inspections and standard checks to verify property condition and systems, much as they would in any purchase decision. For buyers, Lachine offers below-city-median pricing with a measured sales pace that allows thorough evaluation. For sellers, the market dynamic requires realistic pricing to generate competitive interest and achieve timely closures. To estimate the current value of a condo in Lachine with precision tailored to its specific characteristics, consider using an automated valuation tool designed for the neighborhood.