What your budget buys in NDG in 2026 depends less on the listing price than on two questions buyers rarely ask first: which property type the money points you to, and how much cash that purchase needs on the day you sign at the notary. At the same price, a condo, a plex and a house in Notre-Dame-de-Grâce are three different markets, moving at different speeds and offering different room to negotiate.
This guide works through four budgets using the Centris figures for the Côte-des-Neiges–Notre-Dame-de-Grâce borough over the last four quarters to Q2 2026, the City of Montreal's 2026 welcome tax brackets and the federal down payment rules. It shows what each budget buys, the cash it needs, and where you have leverage this fall.
The NDG market in one table
Centris publishes figures for the whole borough, so NDG and Côte-des-Neiges are measured together. NDG streets north of Sherbrooke sit above these medians and the areas near Vendôme and Benny Farm usually sit below. Treat the medians as the middle of the range, not the price of a particular street.
| Property type | Median price | Change | Sales | Active listings | Days on market |
|---|---|---|---|---|---|
| Condo | $538,625 | -4% | 460 (-17%) | 328 (+27%) | 58 |
| Plex | $936,611 | -3% | 178 (+23%) | 109 (+7%) | 66 |
| Single-family | $1,247,000 | +1% | 213 (+4%) | 90 (+15%) | 48 |
Changes are year over year. Source: Centris, CDN–NDG borough, last four quarters to Q2 2026.
A useful way to read these numbers is months of inventory: active listings divided by average monthly sales. It estimates how long the current supply would last if nothing new came on the market. By that measure the borough's condo market holds about 8.6 months of supply, plexes about 7.3 and single-family houses about 5.1. The lower the number, the less room a buyer has to negotiate.
What changed since the summer
The borough figures above run to the end of June. The broader Montreal market has moved in the same direction since. APCIQ's August 2026 report for greater Montreal showed 2,853 sales, 13% fewer than a year earlier, and 20,128 active listings, 18% more. Condos took 62 days to sell on average, 12 days longer than in August 2025. APCIQ described condos on the Island of Montreal as sitting on the threshold between a balanced market and a buyers' market.
Interest rates have not moved. The Bank of Canada held its policy rate at 2.25% at every announcement in 2026, most recently on September 2. The next decision is October 28. Rate relief is not the reason to buy this fall. The reason, if there is one, is inventory.
Around $540,000: a condo, with real leverage
At the borough's condo median of $538,625 you are buying a condo, usually one or two bedrooms, most often in the eastern part of NDG near Vendôme or in Côte-des-Neiges. This is where the market has shifted most. Condo sales fell 17% while listings rose 27%, and the median slipped 4%.
That combination is the clearest signal in the borough. A seller with a condo listed for two months is now competing with more listings than a year ago and fewer buyers. Conditional offers are normal again at this price: financing, inspection, and review of the co-ownership documents. Keep all three.
The document review matters more than it did. Since August 14, 2025, a selling owner can request a certificate from the syndicate (the attestation du syndicat) that sets out the reserve fund balance, three years of common charges, the current budget, and major work done and planned. Read it before you remove conditions. Our guide to condo corporation health explains what to look for.
$650,000 to $750,000: the in-between budget
This range sits above the condo median and well below the plex median. In practice it buys a larger condo (a three-bedroom, a unit with parking, or a newer building), or the lower end of the plex market in parts of the borough where plexes trade below the median.
For a first-time buyer it is also the range where the new Quebec welcome tax credit pays the most. The credit reaches its maximum of $5,875 when the welcome tax is $8,500 or more, and starts to shrink above $750,000. In Montreal that maximum applies from about $658,000 to $750,000. Our article on the first-time buyer welcome tax credit covers eligibility and how to claim it.
Around $940,000: a plex, where the market is busier
The plex median is $936,611, down 3%. Plexes are the one segment where sales rose sharply, up 23%, while listings rose only 7%. Buyers are coming back to plexes faster than sellers are listing them. Days on market rose slightly to 66, so this is not a bidding-war market, but it is firmer than the condo market next to it.
A plex purchase is two decisions: the building and the leases. Before you offer, get the current leases, the rent history and the last rent increases, and confirm whether any unit is subject to a pending Tribunal administratif du logement file. If you plan to live in one of the units, the purchase is financed as a residential mortgage. The cash table below assumes a duplex. CMHC requires a larger minimum down payment on owner-occupied buildings of three or four units, so confirm the figure with your lender for a triplex.
Around $1.25 million: a house, and the least leverage
The single-family median is $1,247,000, up 1%. Houses sold 14 days faster than a year earlier, in 48 days, with only 90 active listings across the whole borough. At about five months of supply, this is the tightest segment in CDN–NDG, and on NDG's most sought-after streets it is tighter still.
At this price the down payment and the welcome tax are large enough to change your plan. With the minimum down payment, you need about $125,000 in cash before notary and inspection fees. With 20% down, which avoids CMHC insurance altogether, you need $249,400 plus $21,000 in welcome tax.
How much cash each NDG budget needs
The table uses the minimum down payment under federal rules (5% on the first $500,000 and 10% on the portion up to $1.5 million), the City of Montreal's 2026 welcome tax brackets, and CMHC's premium of 4.00% for a loan above 90% of the price. The premium is added to the mortgage. The 9% Quebec tax on the premium is not: it is paid in cash at the notary.
| Price | Minimum down | Welcome tax | CMHC premium (added to loan) | Tax on premium (cash) | Cash needed | First-time buyer credit |
|---|---|---|---|---|---|---|
| $538,625 | $28,862 | $6,190 | $20,390 | $1,835 | $36,888 | $5,297 |
| $650,000 | $40,000 | $8,349 | $24,400 | $2,196 | $50,545 | $5,837 |
| $750,000 | $50,000 | $10,349 | $28,000 | $2,520 | $62,869 | $5,875 |
| $936,611 | $68,661 | $14,081 | $34,718 | $3,125 | $85,867 | $1,490 |
| $1,247,000 | $99,700 | $21,000 | $45,892 | $4,130 | $124,831 | $0 |
"Cash needed" is the down payment, the welcome tax and the tax on the premium. It does not include the notary, the inspection, moving, or the property tax and condo fee adjustments made at closing. The first-time buyer credit is reimbursed after you pay the welcome tax, not deducted at the notary.
Three notes on the table:
- The welcome tax invoice arrives after closing, usually within weeks. It still needs to be in your budget from the start.
- The premium tax rate changes. Revenu Québec has announced that the tax on insurance premiums rises to 9.975% for premiums paid after December 31, 2026. On the $538,625 condo, that adds about $200.
- A 30-year amortization costs more to insure. First-time buyers can choose 30 years, but CMHC adds 0.20% to the premium.
For the full rules on minimum down payments, including the insured-mortgage cap of $1.5 million, see how much down payment you need in Montreal.
If NDG is out of range
Buyers often start in NDG because of the schools, Monkland and the commute, and end up comparing it with neighbours. Côte-Saint-Luc has a condo median of $557,937 and a single-family median of $970,562. Montreal West has a single-family median of $1,079,375, down 12%, but with only 14 active listings and 34 sales it is a very small market to plan around. Côte-Saint-Luc also charges less welcome tax than Montreal on any purchase between $552,300 and about $1.05 million, because its 1.5% bracket runs to $800,000.
What I would do with each budget this fall
- Condo buyers: use the inventory. Offer with conditions, ask for the syndicate certificate early, and look at units that have been listed for more than 60 days.
- $650,000 to $750,000: if you are a first-time buyer, keep your price at or under $750,000 where you can. Every $10,000 above it costs $235 of credit on top of the extra welcome tax.
- Plex buyers: expect firmer sellers than in the condo market. Do the lease review before the price negotiation, not after.
- House buyers: have your financing approved before the first visit. At five months of supply, the good listings do not wait.
The NDG neighbourhood page covers the school rule, the Monkland and Décarie price split, and what to check before you make an offer. For a longer view of the neighbourhood, read why serious buyers are watching NDG, and when you are ready to start, see how I work with buyers on the buyer page.
NDG budget questions
What is the median condo price in NDG in 2026?
The Centris condo median for the Côte-des-Neiges–NDG borough is $538,625 over the last four quarters to Q2 2026, down 4% year over year.
How much do I need to buy a house in NDG?
At the borough's single-family median of $1,247,000, the minimum down payment is $99,700 and the Montreal welcome tax is $21,000. With the tax on the CMHC premium, that is about $125,000 in cash before notary and inspection fees.
Is NDG a buyers' market in 2026?
For condos, it is close to one. Borough condo listings rose 27% while sales fell 17%. For houses it is not: single-family homes sold 14 days faster, with about five months of supply.
How much is the welcome tax on a $750,000 home in NDG?
$10,349 under Montreal's 2026 brackets. An eligible first-time buyer can recover $5,875 of it through the new Quebec refundable credit.
Are NDG prices the same as Côte-des-Neiges?
No. Centris reports the borough as one, but the two neighbourhoods have different housing stock and price points. NDG's best streets north of Sherbrooke trade above the borough medians.
Sources: Centris, CDN–NDG, Côte-Saint-Luc and Montreal West, last four quarters to Q2 2026; APCIQ, Montreal CMA residential market report for August 2026 (September 4, 2026); Bank of Canada, interest rate announcement of September 2, 2026; City of Montreal, 2026 welcome tax brackets; Côte-Saint-Luc 2026 transfer duty brackets; Financial Consumer Agency of Canada, minimum down payment; CMHC premium schedule; Revenu Québec, tax on insurance premiums (April 9, 2026 notice); Quebec Civil Code article 1068.1 and the copropriété regulation in force since August 14, 2025.
