Mile-End

Mile-End combines rare attractions: Walk Score 96, three metro stations nearby, density of independent cafes and bakeries, industrial heritage converted into lofts, presence of Ubisoft and video game studios (one of North America's largest creative hubs), and a multi-layered cultural identity (Orthodox Jewish, French-speaking, English-speaking, artistic communities). Our analysis of 1,121 transactions 2021-2026 shows a median of $659,000, but with wide dispersion: from $210,000 for a small studio to over $4M for a renovated heritage residence.

Mostly condos, but with a real plex market. Of our 1,121 transactions 2021-2026, 81% are condos (905 units: APP, MA, LS combined), 14% are plexes (157 units: duplex, triplex, quadruplex, quintuplex) and 5% single-family. The plex ratio remains lower than Verdun (29%) but significant: Hutchison, Waverly, De l'Hôtel-de-Ville, Henri-Julien streets concentrate a Victorian duplex/triplex stock attracting investors and owner-occupants. Condos dominate the Mile-End fabric (divided multiplexes, factories converted to lofts).

On recent sales, the condo median ranges between $605,000 and $680,000 depending on area, floor and street. A 1-bedroom (1+0) in a renovated older building trades around $420,000 to $520,000, a 2-bedroom (2+0) between $580,000 and $750,000, and a converted industrial loft (Van Horne, Waverly, De Gaspé) often exceeds $800,000. Single-family homes on Bernard, Saint-Viateur or L'Épée regularly exceed $1.5M. Prices have been gently decelerating since 2021.

Mile-End lofts (5455 De Gaspé, 5333 Casgrain, Van Horne, Waverly) have a unique architectural appeal: high ceilings, exposed beams, large industrial windows, South or North exposure. They attract a highly loyal creative clientele. Points of attention: (1) variable thermal insulation (industrial windows = heat loss), check heating bills; (2) often high municipal taxes (revaluations after conversion); (3) condo fees may include elevator, heavy mechanical maintenance (former freight elevators); (4) condo rules on professional/artistic uses (some buildings allow, others don't). A careful reading of condo documents and declaration before offer is essential.

Yes, in volume. Our data shows a gradual decline in the number of transactions: 216 in 2021, 179 in 2022, 140 in 2023, 158 in 2024, 152 in 2025, 107 in the first 9 months of 2026 (~145 pace for the full year). That's -33% vs 2021. Explanations: (1) interest rate hikes that cooled first-time buyer demand, very present in Mile-End; (2) limited supply (little new construction, already dense fabric); (3) some sellers wait for better days rather than lowering prices. The median price remains stable around $659,000, suggesting a balanced but less liquid market - transactions happen, but more slowly (days on market rising).

West Mile-End (Park Avenue, Hutchison): more residential, restored Victorian fabric, price premium, close to Outremont. Central Mile-End (Saint-Viateur, Bernard, Fairmount): the commercial and social heart, cafes and bakeries, lively arteries, high prices. East Mile-End (Saint-Laurent, De Gaspé, Casgrain): more industrial, converted lofts, creative community and Orthodox Jewish communities, more affordable per sq ft. Each sector attracts slightly different clienteles. Buildings near Rosemont and Laurier stations command a premium for mobility.

Yes, in tax/value ratio. Montreal's assessment roll has revalued Mile-End properties upward in recent cycles, reflecting the neighborhood's sustained popularity. In our data, a $600,000 condo typically pays $3,400 to $3,900 in annual municipal taxes, plus school tax (variable by school board and status). For an investor, this ratio directly affects rental profitability: a 2+0 rented at $2,200/month generates $26,400 gross annually, but after taxes + condo fees + maintenance, net yield can drop below 3%. We recommend a detailed calculation on each property of interest.

Three things, whether you're a buyer, seller, investor, or exploring: (1) Information - access to the 1,121 transactions compiled since 2021, detailed buyer brief for any building of interest (financials, condo governance, taxes, history, loft-use bylaws reading). (2) Custom alerts - you receive by email new Mile-End listings matching your criteria, often before the price rises after multiple visits. (3) Comparative market analysis (CMA) - before buying or listing, we quantify 3 price ranges (conservative, balanced, optimistic) based on real recent sector sales. Let's discuss your project in 15 minutes.