Montreal's most authentically transformed neighbourhood. A former working-class industrial district along the Lachine Canal, now a thriving creative hub with independent restaurants on Notre-Dame Ouest, heritage lofts, and a real estate market posting 2% condo and 7% plex appreciation. More character and community than Griffintown, at comparable price points.
Source: Centris, last 4 quarters. Data is for guidance purposes; individual properties vary.
What sold: in the four quarters to June 2026, Centris recorded 935 condos at a median of $495,162 (58 days on market), 88 single-family homes at a median of $968,375 (38 days on market) and 182 plexes at a median of $881,500 (55 days on market). Across all property types, 1,205 sales, down 12% on the previous four quarters. Centris reports Saint-Henri inside the Sud-Ouest borough, so these are borough-wide figures.
What would the welcome tax be on a $495,162 property in Saint-Henri? Run the numbers →
Every property currently listed in Le Sud-Ouest, updated live on Centris. Centris groups Saint-Henri into Le Sud-Ouest, so the search covers the whole borough.
See current listings on CentrisListings open on Centris.ca and belong to their listing brokers. If one catches your eye, send it to me and I will pull the history and documents before you visit.
Filmmakers, designers, musicians, architects, and tech professionals who want the Lachine Canal lifestyle and the neighbourhood's authentic character without the corporate sheen of Griffintown. Often looking for a heritage loft or plex that offers something a glass tower cannot.
Defining buyer segmentBuyers who want Griffintown-adjacent location and canal access at a price that still makes sense. Saint-Henri condos at $495K median offer comparable lifestyle at a moderate discount to Griffintown, with the added benefit of stronger neighbourhood character and better-established street life.
Value-conscious segmentSaint-Henri's main commercial strip and the engine of its cultural identity. Independent restaurants, cocktail bars, coffee shops, and creative businesses have transformed Notre-Dame Ouest over the past decade into one of Montreal's most dynamic commercial streets. Properties near this corridor are the most sought-after in the neighbourhood.
Properties within walking distance of the Lachine Canal path command premiums throughout the neighbourhood. The canal provides a car-free corridor connecting Saint-Henri to Griffintown, Old Port, and Verdun. It is a lifestyle asset that is rare and increasingly valued as cycling culture deepens in Montreal.
The eastern portion of Saint-Henri near Atwater Market and Lionel-Groulx metro is the most transit-connected part of the neighbourhood. Access to two metro lines and the market's commercial energy makes this sub-market particularly attractive to buyers who prioritize transit and daily walkability.
The western portion of Saint-Henri has more of the neighbourhood's original industrial fabric: former warehouses and factories converted to lofts and creative studios. Lower commercial density than Notre-Dame Ouest, but higher character per square foot. Buyers looking for unique spaces at prices below the canal-facing premium look here.
The gentrification of Saint-Henri is largely complete. It happened gradually over 15 years and then accelerated sharply. The neighbourhood is no longer an 'emerging' market. It has emerged. What you're buying today is a proven, established neighbourhood at prices that still trail Griffintown and the Plateau despite comparable or superior character.
Properties within easy walking distance of the Lachine Canal path consistently outperform the Saint-Henri average on appreciation. The canal is a rare and irreplicable physical asset that anchors premium demand. Buyers who factor canal proximity into their search criteria tend to see stronger long-term value.
When a street features the calibre of restaurants and independent businesses that Notre-Dame Ouest now has, the 'neighbourhood risk' that once suppressed prices has largely been removed. The discount relative to comparable Plateau or NDG strips has narrowed significantly. What's left is genuine value in a genuinely established neighbourhood.
Current condo figures for the sector, a carrying-cost worksheet you run with your own numbers, and what to check in the syndicate's documents before you sign.
Here it is
Centris reports Saint-Henri inside Le Sud-Ouest, together with Griffintown, Pointe-Saint-Charles and Ville-Émard. These are sector figures. Saint-Henri specifically sits below the sector condo median in older stock and above it along the canal.
Read the sales change above, not just the median. Volume tells you where buyers are actually going, and it usually moves before price does. Then compare condo fees and the age of the building: two units at the same price can cost very different amounts to carry.
Purchase price is prefilled from the current medians above. Change anything. Nothing is stored or sent.
Principal and interest only, calculated with Canadian semi-annual compounding. Insurance, utilities and maintenance are not included. This is a worksheet, not a mortgage quote.
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