1050 Rue Drummond

Property Details

Market analysis

Listed at $529,000, this condo is located in Ville-Marie (Montréal). Based on 45 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $498,000 to $562,000 (midpoint $530,000). The gap with our estimate is only -0.2%, which reflects a price consistent with the area. Range based on a broad sample of comparable sales, without accounting for the property's condition.

A new listing (0 days, listed on September 14, 2026), it leaves little negotiating room for now.

To finance this property at $529,000, expect a down payment of $26,450 (5%) and close to $2,647 per month, or $105,800 (20%) for about $2,162 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $6,046 at this price.

The Ville-Marie market currently shows 186 active listings and 293 sold recently, which points to an 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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