3218 Avenue Cedar

Property Details

Market analysis

Listed at $6,500,000, this single-family home is located in Westmount. The CourtiConnect algorithmic estimate, based on 35 comparable properties in the area, places its market value between $3,191,000 and $3,599,000 (median $3,395,000). The asking price exceeds our estimate by roughly 91.5%, a gap to review before making an offer. Range based on a broad sample of comparable sales, without accounting for the property's condition.

Newly on the market (listed on August 31, 2026, 0 days), the property generally carries a firm price at this stage.

On the financing side, a purchase at $6,500,000 implies a down payment of $325,000 (5%), for an estimated monthly payment of $31,546, or $1,300,000 (20%), roughly $26,565 per month, over 25 years at a reference rate of 3.69%. Also to budget for: the transfer duty, commonly called the welcome tax, of about $125,471 at this price.

In the Westmount neighbourhood, there are currently 46 properties for sale and 107 sold recently, which points to a very active market.

CourtiConnect algorithmic estimate, provided for information purposes and based on available market data. It does not constitute a professional appraisal within the meaning of Quebec’s Real Estate Brokerage Act.

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