🎯 How much is a property worth in Terrebonne?
Free estimate based on recent Terrebonne transactions
Estimate a property →Terrebonne is one of the fastest-growing North Shore suburbs in the Greater Montreal area. With single-family homes averaging approximately $520,000 — well below Montreal's $625K median — the city attracts thousands of families each year. According to the ISQ, 24,000 residents leave Montreal annually for suburbs like Terrebonne, fuelling sustained demand and price growth.
🏙️ Terrebonne Market Portrait 2026
Terrebonne is a city of over 115,000 residents located on the North Shore, approximately 30 km north of Montreal. The real estate market benefits from strong population growth driven by the Montreal exodus.
~$520K
Single-family average
115K+
Residents and growing
24,000/yr
Leave Montreal (ISQ)
💡 Why Terrebonne? At ~$520K for a single-family home, buyers get approximately $105,000 in savings compared to Montreal's $625K median. That difference translates to a significantly lower mortgage payment every month.
🏠 Popular Neighborhoods and Their Character
Terrebonne is divided into distinct sectors, each with its own personality and price range:
🌊 Lachenaie
Waterfront properties
Established families
Higher price range
🏗️ Terrebonne-Ouest
Newer developments
Young families
Modern amenities
💰 La Plaine
Most affordable sector
Rapid growth area
New construction
🏛️ Vieux-Terrebonne
Heritage charm
Walkable downtown
Restaurants and culture
📊 Terrebonne vs Laval Comparison
Many buyers hesitate between Terrebonne and Laval. Here's how they compare:
Terrebonne
Single-family: ~$520K
Larger lots available
Exo bus transit
40-60 min to downtown
Laval
Single-family: higher prices
More urban feel
Metro (orange line)
25-40 min to downtown
💡 Bottom line: choose Terrebonne for affordability and space. Choose Laval for transit access and shorter commutes. For remote workers, Terrebonne offers the best value per dollar.
📈 Investing in Terrebonne Real Estate
Terrebonne's strong growth trajectory makes it attractive for both owner-occupants and investors. Several factors support continued appreciation:
1. 📈 Population growth — Sustained influx from Montreal (24,000/year leaving the city per ISQ)
2. 🏗️ New developments — Residential projects in La Plaine and Terrebonne-Ouest attracting young families
3. 💰 Affordable entry point — ~$520K allows first-time buyers to enter the market
4. 🛣️ Infrastructure — Highway 25 and 40 access, improving commercial amenities
With the Bank of Canada policy rate at 2.75% since January 2026, financing conditions remain favourable. Fixed rates around 3.69% and variable rates around 3.35% provide buyers with improved purchasing power compared to recent years.
🚗 Commute to Montreal: Options and Times
The commute is one of the main trade-offs when choosing Terrebonne. Here are the options:
40-60 min
By car (Hwy 25 / 40)
60-90 min
Exo bus to Montreal
0 min
Remote work (ideal)
⚠️ A25 toll: the Autoroute 25 toll bridge is a quick route to Montreal but adds commuting costs. Consider this in your budget if you commute daily.
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