48 Rue Melba

Property Details

Market analysis

Listed at $849,950, this single-family home is located in Chateauguay. The CourtiConnect algorithmic estimate, based on 41 comparable properties in the area, places its market value between $529,000 and $597,000 (median $563,000). The asking price exceeds our estimate by roughly 51%, a gap to review before making an offer. Range based on a broad sample of comparable sales, without accounting for the property's condition.

On the market for 20 days (listed on August 17, 2026), it suggests a slight negotiating margin, in the range of 1-2%.

On the financing side, a purchase at $849,950 implies a down payment of $42,498 (5%), for an estimated monthly payment of $4,253, or $169,990 (20%), roughly $3,474 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 $12,470 at this price.

In the Chateauguay neighbourhood, there are currently 104 properties for sale and 73 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.

Neighbourhood Data

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