Brossard is one of the most dynamic real estate markets on Montreal's South Shore, transformed in recent years by the Réseau express métropolitain (REM) light rail line. With direct rapid transit to downtown Montreal and a range of housing options from condos to single-family homes, Brossard appeals to a wide range of buyers in 2025.
Brossard's market reflects its status as a transit hub and growing urban centre. Condominiums near the REM stations are in high demand, with prices ranging from $300,000 to $550,000 for newer builds. Single-family homes sell between $550,000 and $900,000+. The Panama REM station area has attracted significant new condo development, pushing prices higher in the immediate vicinity.
The REM opened its South Shore segment in 2023, with the Brossard terminus (Panama) offering travel times of approximately 20 minutes to downtown Montreal. This infrastructure investment has been a major driver of condo tower development and price appreciation near the station. Properties within walking distance of Panama command a premium.
The commercial and lifestyle hub of Brossard, centred around the massive DIX30 outdoor shopping complex. Numerous condo towers have risen here, attracting young professionals and empty nesters who value walkability to retail and restaurants.
Brossard is organized into lettered sectors. Older sectors (A, B, C) feature more affordable bungalows and split-levels from the 1960s–70s. Newer sectors (L, M, N, O) have larger homes, newer construction, and higher prices. Sector M is particularly popular with families.
The stretch along Taschereau Boulevard has been partially revitalized with newer mixed-use development. Transit access is good along this corridor.
Brossard applies Quebec's provincial welcome tax rates:
No Montreal-style surtax. On a $680,000 home the welcome tax is approximately $8,616 — considerably less than a comparable Montreal purchase where the surtax kicks in above $500,000.
Brossard has seen tremendous new condo construction near the REM. When buying from a developer, new builds are subject to 14.975% in combined GST/QST. A partial rebate applies for primary residences. Ensure you understand whether the advertised price is before or after taxes — some developers quote pre-tax prices that look lower than they are.
Brossard is known for having some of the best public schools in Quebec. The École secondaire Saint-Lambert and several French public high schools in Brossard rank highly. The city also has English Catholic and Protestant schools. The strong school system is a major draw for families with children.
The REM has made Brossard one of the most closely watched South Shore investment markets. Rental demand is high near the Panama station, and investors have taken notice. Cap rates have compressed as prices have risen, but the transit access continues to attract strong tenant demand.
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