La Cité-Limoilou plex market — February 2026
Based on 9 actual sales · CourtiConnect
Market context: plex in La Cité-Limoilou
La Cité-Limoilou's plex market recorded 9 sales in February 2026, with a median price of $759,200. This positions the neighbourhood 6.9% above the median for all plexes across Québec over the trailing twelve months, which stood at $710,000 based on 125 documented transactions. The neighbourhood continues to command a premium relative to the broader city market, reflecting its established character and desirability among investors and owner-occupants alike. The average time on market for plexes in La Cité-Limoilou reached 146 days, indicating a measured sales pace typical of a market where both buyers and sellers take time to align on pricing and terms. This duration suggests neither urgency nor stagnation, but rather a stable environment where properties receive sufficient exposure before closing. Among the 8 documented sales with recorded asking prices, the average sale-to-asking ratio was 0.968, meaning properties sold at approximately 96.8% of their listed price on average. This figure indicates that sellers retain modest leverage in negotiations, with most transactions settling slightly below initial asking prices—a pattern common in markets where inventory and buyer interest are reasonably balanced. The building stock in this neighbourhood reflects its heritage character. All properties recorded in these transactions were constructed before 1980, with no newer plexes from the 1980-2010 or post-2010 periods represented in the sample. This composition underscores La Cité-Limoilou's appeal to those seeking older, established multi-unit properties rather than newer construction. When evaluating a plex purchase in this neighbourhood, buyers should conduct standard due diligence including professional inspection and review of building systems and permits, as 78% of the sales completed without a legal warranty of quality. This contractual approach is a common consideration in the plex market and does not reflect on the condition of individual properties but rather represents the normal negotiation outcome between parties. For buyers, La Cité-Limoilou offers established properties in a neighbourhood trading above the city median, rewarding those patient enough to find the right fit. For sellers, the moderate asking-price ratio and extended marketing timeline suggest pricing properties competitively from the outset yields better outcomes. To estimate a specific property's market value in La Cité-Limoilou, consider using a real estate estimator calibrated to current neighbourhood data.