La Cité-Limoilou plex market — August 2026
Based on 7 actual sales · CourtiConnect
Market context: plex in La Cité-Limoilou
The plex market in La Cité-Limoilou recorded seven sales in August 2026, establishing a median price of $831,000 and an average price of $747,286 across documented transactions. This neighbourhood commands a notably stronger position within Québec's broader plex market, sitting 10.7 percent above the city-wide median of $751,000 over the trailing twelve months, which was calculated from 120 sales across all of Québec. The premium reflects La Cité-Limoilou's distinctive character and desirability relative to other neighbourhoods in the region. Over the previous six months, the neighbourhood's median price has appreciated by 9.5 percent, signalling sustained upward momentum in valuations within this established residential corridor. The average time a plex remains on the market in La Cité-Limoilou during this period stood at 64 days, a timeframe that reflects a moderately paced sales cycle. This duration suggests neither an overheated demand environment nor sluggish buyer interest, but rather a balanced market where properties require a reasonable marketing period to find their appropriate buyer. The pace allows both purchasers adequate opportunity to evaluate available inventory and sellers sufficient time to achieve fair pricing for their properties. Across the seven documented sales, the average sale-to-asking price ratio reached 1.022, meaning properties sold slightly above their asking prices on average. This metric, which applies specifically to the documented transactions in the sample, indicates modest buyer-side pressure and suggests that sellers have retained reasonable negotiating leverage, with market conditions supporting prices that match or modestly exceed initial listing expectations. The building profile in this neighbourhood is notably homogeneous, with 100 percent of the seven sales involving properties built before 1980, reflecting La Cité-Limoilou's established character as a mature residential district. The complete absence of newer construction in the sample underscores that the plex inventory here is composed entirely of heritage and mid-century structures requiring ongoing stewardship and maintenance. Among the seven sales documented, 86 percent were concluded without a legal warranty of quality, a finding that reflects standard practice in many Quebec transactions. Prospective buyers should understand that properties acquired on this basis require the customary due-diligence steps: thorough professional inspection, verification of structural and systems conditions, and careful review of municipal records and property history prior to purchase. For buyers, La Cité-Limoilou offers established neighbourhood character and price appreciation momentum, though each property warrants detailed inspection given the age profile of available stock. For sellers, current market conditions support valuations aligned with regional strength relative to Québec as a whole. To evaluate a specific property's potential value within this dynamic neighbourhood, consider using the real estate estimator tool to obtain a data-informed perspective tailored to the property's particular characteristics.