🎯 How much is your plex worth in 2026?
Plexes are up +8% in value. Get a free estimate.
Estimate my plex →While Montreal’s overall real estate market is down 15% in volume, plexes are the exception with a 7% increase in transactions. This segment attracts investors and owner-occupiers thanks to record rental demand.
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📊 Plex Market Overview in 2026
+7%
Increase in plex sales
$841,800
Median price (+8%)
4–6%
Gross rental yield
💰 Prices by Plex Type
$710,000
Median duplex
$900,000
Median triplex
$1,100,000
Median quadruplex+
💡 Strategy: a duplex in Montreal-Nord ($550–650K) offers a better yield than one in the Plateau ($850K+), even if the appreciation potential differs.
🗺️ Best Neighbourhoods to Invest
✅ Best yield
Montreal-Nord (5–6%)
Saint-Leonard (4.5–5.5%)
Mercier (4–5%)
Hochelaga-Maisonneuve (4–5%)
📈 Best appreciation
Rosemont (urban renewal)
Villeray (central proximity)
Verdun (REM project)
Parc-Extension (emerging)
💸 Rental Yields & Strategies
The most popular strategy remains owner-occupier: live in one unit and rent the others.
Duplex example ($710,000, 10% down payment):
🏠 Mortgage: ~$3,200/mo (taxes and insurance included)
💰 2nd unit rent: ~$1,600–1,900/mo
✅ Net cost for owner: ~$1,300–1,600/mo
⚠️ Watch for regulated rents: in Quebec, rent increases are governed by the TAL (Tribunal administratif du logement). With existing plexes, current tenant rents may be below market. Review all leases before buying.
💡 Tips for Buying a Plex in 2026
1. 📊 Verify actual income (not potential)
2. 🏗️ Inspect the structure, roof and plumbing
3. 📝 Read every lease and verify rent compliance
4. 💰 Calculate net yield after taxes, insurance and maintenance
5. 🤝 Work with a broker specializing in income properties
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