Looking for the best areas to invest in Montreal real estate? Below you’ll find five neighborhoods with strong rental demand, solid fundamentals, and nearby infrastructure that supports long‑term growth. For each, we include current average purchase prices, typical rents, and gross yield ranges using publicly available 2025 data.
How we calculated yields
Gross yield = (12 × typical monthly rent) ÷ average/median condo price. Rents use borough‑level data from Appartogo (updated Aug 21, 2025). Purchase prices use the latest 2025 figures available from Centris/APCIQ (Q1 for Montreal boroughs; Q2 for Laval, as noted). Yields exclude fees, taxes, insurance, and vacancy. appartogoCentris
Quick comparison: prices, rents & gross yields
| Area | Typical Investor Asset | Avg/Median Condo Price (2025) | Typical 1‑BR Rent | Typical 2‑BR Rent | Gross Yield (1‑BR → 2‑BR) |
|---|---|---|---|---|---|
| Le Sud‑Ouest (incl. Griffintown & Saint‑Henri) | Condo | $558,876 (Q1) | $1,789 | $2,240 | 3.84% → 4.81% |
| Plateau‑Mont‑Royal | Condo/plex condo | $605,386 (Q1) | $1,574 | $2,136 | 3.12% → 4.23% |
| Rosemont–La Petite‑Patrie | Condo | $592,881 (Q1) | $1,407 | $2,053 | 2.85% → 4.16% |
| Verdun / Île‑des‑Sœurs | Condo | $642,215 (Q1) | $1,452 | $1,763 | 2.71% → 3.29% |
| Laval‑des‑Rapides (Laval) | Condo | $354,500 (Q2, median) | $1,613 | $1,983 | 5.46% → 6.71% |
Sources: Centris blog table of average condo prices by Montreal borough, Q1‑2025; Centris municipal stats page for Laval‑des‑Rapides, Q2‑2025; Appartogo borough‑level rent stats, Aug 21, 2025 (Plus Laval neighborhood stats for Laval‑des‑Rapides). Calculations by MontrealRealtyaok.com. Centris+1appartogo+1
1) Le Sud‑Ouest (Griffintown, Saint‑Henri, Little Burgundy, Pointe‑Saint‑Charles)
Why investors like it: Rapid densification, proximity to downtown, the canal, cafés/restaurants—and a deep tenant pool of young professionals. Griffintown is the rental demand anchor; Saint‑Henri/Little Burgundy often deliver a better price‑to‑rent ratio.
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Numbers at a glance: Average condo price $558,876 (Q1‑2025); typical rents $1,789 (1‑BR) and $2,240 (2‑BR) → ~3.84%–4.81% gross. Centrisappartogo
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2025 infrastructure lens: The REM’s next commissioning (West Island + Deux‑Montagnes branches) is targeted for fall 2025, increasing regional connectivity and downtown access. Within Le Sud‑Ouest, the planned Griffintown–Bernard‑Landry station remains a future stop with an opening beyond 2027—a medium‑term upside for micro‑location values. renewcanada.netmtlcityweblog.comWikipedia
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Investor takeaway: If you want core‑adjacent growth with high rentability, start here. In Saint‑Henri/Little Burgundy, look for units with parking or outdoor space to stand out among new‑build supply.
2) Plateau‑Mont‑Royal
Why investors like it: Iconic streetscapes, unbeatable walkability, and a constant stream of tenants tied to McGill/UQAM and the creative industries keep vacancy low and rents resilient.
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Numbers at a glance: Average condo price $605,386 (Q1‑2025); typical rents $1,574 (1‑BR) and $2,136 (2‑BR) → ~3.12%–4.23% gross. Centrisappartogo
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2025 infrastructure lens: No major new stations in the Plateau this year, but downtown REM build‑out (e.g., McGill and Édouard‑Montpetit stations under construction) is tightening regional travel times and should support rental demand in adjacent central neighborhoods over time. rem.info
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Investor takeaway: Buy for liquidity and rentability rather than cash‑on‑cash yield. Well‑maintained smaller units near métro stations (Laurier, Mont‑Royal) typically lease in days.
3) Rosemont–La Petite‑Patrie
Why investors like it: Family‑friendly streets, parks, and strong local commerce (Jean‑Talón Market vicinity). Lower buy‑in than the Plateau with comparable lifestyle appeal.
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Numbers at a glance: Average condo price $592,881 (Q1‑2025); typical rents $1,407 (1‑BR) and $2,053 (2‑BR) → ~2.85%–4.16% gross. Centrisappartogo
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2025 infrastructure lens: The Pie‑IX BRT (bus rapid transit) is in service between Montréal and Laval, with 2025 construction phases continuing toward Notre‑Dame—improving east‑end mobility and relieving pressure on the Orange Line. Société de transport de Montréal
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Investor takeaway: Target newer mid‑rise condos with efficient layouts; family‑sized 2‑BRs can push yields toward the top of the range.
4) Verdun / Île‑des‑Sœurs
Why investors like it: Waterfront access, an acclaimed main street (Promenade Wellington), and a mix of classic walk‑ups and modern condos on Île‑des‑Sœurs.
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Numbers at a glance: Average condo price $642,215 (Q1‑2025); typical rents $1,452 (1‑BR) and $1,763 (2‑BR) → ~2.71%–3.29% gross. Centrisappartogo
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2025 infrastructure lens: Île‑des‑Sœurs REM station is open (since 2023) linking directly to Gare Centrale—a long‑term plus for commuter tenants on the island. rem.info
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Investor takeaway: Yields are thinner, but liquidity and tenant appeal are excellent. Look for value in renovated units just off the waterfront or close to de l’Église / Verdun métro.
5) Laval‑des‑Rapides (Laval)
Why investors like it: Best yield‑to‑price profile in this list, strong student/young professional tenant base, and direct métro access (Montmorency) with a newly opened underground tunnel connecting Espace Montmorency to the station—exactly the kind of transit‑oriented development that supports rent growth. Espace Montmorency
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Numbers at a glance: Median condo price $354,500 (Q2‑2025); typical rents $1,613 (1‑BR) and $1,983 (2‑BR) → ~5.46%–6.71% gross. Centrisappartogo
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2025 infrastructure lens: The REM’s Deux‑Montagnes branch (which includes stations at Île‑Bigras and Sainte‑Dorothée in Laval) is in late‑stage testing with fall 2025 commissioning targeted, improving north‑shore <> downtown connectivity. The Pie‑IX BRT is already in service to Laval, offering another fast cross‑river option. renewcanada.netrem.infoSociété de transport de Montréal
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Investor takeaway: Great for cash‑flow‑oriented investors. Focus near Montmorency métro / Espace Montmorency or Concorde/Cartier for the strongest leasing velocity.
What’s driving 2025 opportunity?
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Transit build‑out: REM branches to the West Island and Deux‑Montagnes are slated for fall 2025 openings, with construction and dynamic testing well underway—an overall tailwind for rental demand and cross‑region talent mobility. renewcanada.netrem.info
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BRT upgrades: The Pie‑IX BRT is operational between Montréal and Laval (Saint‑Martin), with 2025‑2027 works extending service in the east end—helpful for renters who commute without a car. Société de transport de Montréal
How to pick between them
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Chasing yield? Laval‑des‑Rapides generally offers the best gross yields today because buy‑in is lower while rents remain competitive. Centrisappartogo
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Chasing appreciation & liquidity? Le Sud‑Ouest and the Plateau combine deep tenant pools with enduring lifestyle appeal—easier re‑sale and rapid leasing. Centrisappartogo
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Balanced bet? Rosemont–La Petite‑Patrie splits the difference with steady family and professional demand and a healthy pipeline of mid‑rise supply. appartogo
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Lifestyle premium? Verdun / Île‑des‑Sœurs benefits from waterfront amenities and a live‑car‑light mindset reinforced by the REM link. rem.info
Important notes for investors
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Gross vs. net: The yields shown are gross. Net yields will be lower after condo fees, municipal/school taxes, insurance, maintenance, potential vacancy, and management costs.
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Condo fees & special assessments: In newly built cores (e.g., Griffintown), budget conservatively for fees and possible elevator/amenity OPEX.
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Local rules: Confirm municipal bylaws for rentals in your target borough (e.g., licensing, short‑term rental restrictions).
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Micro‑location matters: Being within a 5–7 minute walk of a métro/REM/BRT stop consistently improves rentability.
Work with a local investor‑agent
If you’d like a custom shortlist matched to your budget and target returns (including unit‑level comps, condo fee histories, and cap‑rate modeling), contact Arnaud Kuyumcu at MontrealRealtyaok.com. We’ll run numbers on individual buildings and negotiate with an investor’s playbook.
