Lake Tremblant Estate Breaks Québec Residential Sales Record

A Lake Tremblant Waterfront Estate Just Broke Québec's Residential Sales Record

The property was listed at $19.8M — the highest ever recorded in Mont-Tremblant and the Laurentians through the QPAREB Centris database.

June 10, 2026

11:30 AM

A lakefront estate in Mont-Tremblant, listed at $19,800,000, has sold — setting a new record as the highest residential sale ever recorded in the region through the Québec Professional Association of Real Estate Brokers' Centris database.

The sale, brokered by Sotheby's International Realty Canada, involved a Canadian buyer represented through the Sotheby's Québec network. Further details of the transaction are being kept private.

The property sits within a private enclave on Lake Tremblant and was custom-designed by Richard Landry, the Los Angeles-based architect known for his ultra-luxury residential work and the founder of Landry Design Group. Interiors were handled by designer Seta Marachlian.

The residence features vaulted ceilings exceeding 30 feet, reclaimed wood beams, and a 25-foot bay window facing the lake. Six bedrooms, eight full bathrooms, and two ensuite bathrooms are spread across a layout that includes a great room, formal dining spaces, a gourmet kitchen, cinema room, bar, and wine cellar.

A dedicated wellness level houses a spa, sauna, and gym. Outdoor amenities include a saltwater infinity pool, a beach, dock, and a covered heated terrace. Parking accommodates up to 13 vehicles.

The sale arrives as Mont-Tremblant continues to outperform the broader Québec market.

According to QPAREB, residential sales in the municipality rose 17% in Q1 2026 compared to the same period last year — against a 2% decline provincially. Median prices in the area climbed 22% year over year in the same quarter.

Listing broker Liza Kaufman, founding partner of Sotheby's International Realty Québec, said that Mont-Tremblant's exemption from foreign ownership restrictions helped attract international interest alongside the Canadian buyer pool.

Additional details of the sale remain private, according to Sotheby's.

Sold

A Lake Tremblant Waterfront Estate Just Broke Québec's Residential Sales Record

​The property was listed at $19.8M — the highest ever recorded in Mont-Tremblant and the Laurentians through the QPAREB Centris database.

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The property was listed at $19.8M — the highest ever recorded in Mont-Tremblant and the Laurentians through the QPAREB Centris database.

Republic Developments and Harlo Capital listed the 26-acre site last year, but will now move forward with an investment from the Building Ontario Fund.

"The path forward exists if governments are willing to act with seriousness and consistency. What remains uncertain, though, is whether the political will exists to follow it."

Prices have remained flat or fallen, but demand remains muted both in Greater Vancouver and the Fraser Valley.

The Development Charge Reduction Program (DCRP) is part of the "Canada-Ontario Partnership to Build" announced in March, and the application deadline is June 19.

The site, 13508-13546 98A Avenue, is currently occupied and owned by the Masjid Al Noor (Mosque of Lights).

TD Bank says this is a first step towards "an end-to-end transformation of its Real Estate Secured Lending (RESL) operations."

There are dozens of projects in various stages of entitlement in the area, and the majority are over 60 storeys.

Single-family sales are 21% above their 10-year average. Condo sales are 88% below.

Westbank Hub North is anchored by Walmart and is one of the Okanagan's most dominant open-air retail centres.

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