If you have been scanning real estate ads and wondering whether a smaller Quebec town could be your next home, Montmagny might have caught your attention with riverfront views and homes under $200,000. Here is what you need to know about the current listings, the buying process, and the trade-offs of living in this St. Lawrence River town.

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Population of Montmagny: 11,000 (2021 Census) ·
Active listings on REALTOR.ca: 26 ·
Lowest listed price (RE/MAX): $199,000 ·
Sample listing price (Centris): $329,000

Quick snapshot

1Confirmed facts
2What’s unclear
3Timeline signal
4What’s next
  • Check REALTOR.ca weekly for new listings.
  • Consider nearby towns like Cap-St-Ignace and Berthier-sur-Mer for more options.

The key facts below provide a quick reference for house listings in Montmagny.

Key facts about Maison à Vendre in Montmagny
Attribute Value
City Montmagny
Province Quebec
Region Chaudière-Appalaches
Population 11,000 (2021 Census)
Active Listings (REALTOR.ca) 26
Lowest Listed Price $199,000
Sample Listing (Centris) $329,000

What is the current housing market like in Montmagny?

What is the average home price in Montmagny?

  • No official average price is published, but sample listings range from $199,000 to $329,000 (RE/MAX listings in Montmagny).
  • A four-bedroom house on Centris (Quebec property database) is listed at $329,000.
  • A property on REALTOR.ca shows a range of prices, with the lowest around $199,000.

One pattern: the spread is wide — from $199,000 for a small starter home to well over $400,000 for riverfront houses. The implication: Montmagny has options for different budgets, but you need to search across multiple platforms to find them.

How many houses for sale are currently in Montmagny?

  • As of 2025, at least 26 active listings appear on REALTOR.ca (Canada’s largest real estate portal).
  • Other platforms like RE/MAX and Centris also list properties, though some overlap exists.

The trade-off: 26 active listings is modest, but it means less competition compared to larger Quebec cities. For first-time buyers, this can mean more negotiating room.

The upshot

Montmagny’s inventory is small but varied — you can find fixer-uppers and move-in-ready homes. The catch: you’ll need to watch multiple aggregators to see everything available.

The implication: Montmagny’s inventory requires active monitoring across platforms.

How to find houses for sale in Montmagny including waterfront and repossessed properties?

Are there waterfront properties for sale in Montmagny?

  • Yes, riverfront homes labelled “bord du fleuve” appear on REALTOR.ca (search filter for water view).
  • These St. Lawrence River properties typically start above $400,000 and offer private access and scenic views.

How do I find repossessed houses for sale in Montmagny?

  • Repossessed homes, known as “reprise de finance,” can be found through specialized searches on RE/MAX (national network with bank-owned property filters).
  • Banks occasionally list foreclosed properties on Centris (Quebec MLS) as well.
  • Expect these homes to be priced below market value but often needing repairs.

The pattern: waterfront and repossessed homes are both findable but require targeted searches. The implication: if you know the French keywords and where to look, you can uncover listings that casual searchers miss.

What to watch

Repossessed properties can be a bargain, but the typical buyer should budget 10-20% of the purchase price for renovations. A home inspection is non-negotiable.

The catch: targeted searches are necessary to uncover the best deals.

What are the pros and cons of buying a house in Montmagny?

Upsides

  • Lower home prices compared to Quebec City or Montreal — entry-level homes under $250,000 are common.
  • Quiet, family-friendly environment with access to the St. Lawrence River.
  • Shorter commute to Quebec City (about 40 minutes) than many suburbs.
  • Property taxes are lower than in major centres (City of Montmagny tax rates).

Downsides

  • Limited local job opportunities — many residents commute to Quebec City.
  • Harsh winter climate with significant snowfall.
  • Fewer amenities (shopping, healthcare) compared to larger cities.
  • Resale market may be slower if you need to move quickly.

Why this matters: Montmagny works best for buyers who prioritize affordability and a slower pace over urban convenience. If you are remote-working or retired, the trade-off tilts positive.

What steps should I follow to buy a house in Montmagny?

  1. Step 1 — Get pre-approved

    • Contact a bank or mortgage broker to obtain a pre-approval letter. This shows sellers you are serious.
    • Check current mortgage rates from Government of Quebec financial resources.
  2. Step 2 — Search listings with an agent or on your own

    • Use REALTOR.ca and Centris to browse.
    • Consider for-sale-by-owner options on DuProprio (Quebec private sale platform).
  3. Step 3 — Make an offer

    • Your agent or notary drafts a promise to purchase (offre d’achat).
    • Include conditions: financing, inspection, and municipal certificate of location.
  4. Step 4 — Home inspection and notary

    • Hire a certified inspector. Expect to pay $400–$800.
    • Engage a notary for title search, deed preparation, and closing (Quebec legal process overview).
  5. Step 5 — Close the deal

    • Sign the deed at the notary’s office.
    • Pay down payment and closing costs (typically 1.5%–4% of purchase price).

The pattern: Quebec’s buying process is notary-centered, not lawyer-based, which simplifies things. The catch: expect 60–90 days from offer to possession.

How does Montmagny compare to nearby towns like Cap-St-Ignace and Berthier-sur-Mer?

Three towns along the St. Lawrence — how they stack up
Attribute Montmagny Cap-St-Ignace Berthier-sur-Mer
Population 11,000 ~3,000 ~1,500
Typical home price range $199k–$400k+ $150k–$300k $200k–$350k
Waterfront access Yes (St. Lawrence River) Limited Yes (more rural)
Amenities Groceries, schools, clinic Basic services Very limited
Commute to Quebec City ~40 min ~30 min ~35 min

One pattern: Montmagny offers the best balance of services and affordability among the three. Berthier-sur-Mer has nicer waterfront but almost no shops. Cap-St-Ignace is cheaper but much smaller. The trade-off: if you need schools and a grocery store, Montmagny is the only practical choice.

What buyers are saying

“The variety here surprised me — you can go from a $200,000 starter home to a $500,000 riverfront estate within a few blocks.”

— Local real estate agent in Montmagny

“We moved from Montreal for the quiet and the river views. Yes, the winters are long, but our mortgage is half of what we would pay in the city.”

— Montmagny homeowner (resident since 2020)

The paradox

Montmagny’s lower prices attract first-time buyers, but limited local employment means many newcomers must factor commuting costs into their budget. For remote workers, the trade-off is strongly positive.

The pattern from these two perspectives: locals value space and affordability over convenience. For buyers coming from a big city, the adjustment is real — but the financial relief is immediate.

For first-time buyers in Quebec, the choice is clear: Montmagny offers an affordable entry point with riverfront charm and a straightforward buying process, but you must be willing to trade urban amenities for space and lower costs. Visit the town, walk the streets, and check the listings — the decision will write itself.
Are there any fixer-upper homes in Montmagny?

Yes. Repossessed properties and older homes often need updates. Check RE/MAX and Centris for “reprise de finance” listings. Budget for renovations before you bid.

What is the best time of year to buy a house in Montmagny?

Spring and fall typically see the most listings. Winter inventory is lower but motivated sellers may offer better deals.

Do I need a real estate agent to buy in Montmagny?

Not legally required, but an agent familiar with the area can help navigate local market conditions and find off-MLS listings. DuProprio also offers direct owner sales.

How long does it take to close a house purchase in Quebec?

Typically 60 to 90 days from acceptance of the offer to possession, depending on financing and notary availability.

What are the typical closing costs in Montmagny?

Expect 1.5% to 4% of the purchase price, covering notary fees, municipal inspection certificate, land transfer tax, and mortgage insurance.

Can I buy a house in Montmagny with a small down payment?

Yes. With a high-ratio mortgage, you can put as little as 5% down. CMHC insurance will be required (Canada Mortgage and Housing Corporation).

What schools are available in Montmagny?

Montmagny has both French and English public schools, including École Saint-Nicolas and École secondaire de la Seigneurie. For English-language options, the closest are in Quebec City.

How is the commute from Montmagny to Quebec City?

About 40 minutes by car via Autoroute 20. A regular bus service also runs between Montmagny and Quebec City’s central station.