Pre-construction condo sales in Montreal are rebounding after a slow 2025. Developers are adjusting pricing and offering incentives. The REM extension is creating new hotspots along the transit corridor.
45+
Active projects
$650
Avg price/sq ft
62%
Absorption Q1
+12%
REM-adjacent premium
Market Recovery
Absorption rates improved to 62% in Q1, up from 48% in Q4 2025. Developer incentives including reduced deposits, assignment flexibility, and design upgrades are driving buyer confidence.
REM Impact
Projects within 800m of REM stations are commanding a 12% premium over comparable non-transit-adjacent units. The Bois-Franc and Du Ruisseau stations are creating new pre-construction hotspots.
Investment Outlook
Pre-construction remains attractive for investors willing to hold through delivery. The 15–20% appreciation from purchase to occupancy continues for well-located projects. Assignment opportunities are available at select developments.