La Cité-Limoilou triplex market — January 2025
Based on 9 actual sales · CourtiConnect
Market context: triplex in La Cité-Limoilou
The triplex market in La Cité-Limoilou recorded 9 sales in January 2025, with a median price of $599,000 and an average price of $564,500. This neighbourhood's median price aligns exactly with the broader triplex market across Québec, where the trailing twelve-month median stands at $599,000—placing La Cité-Limoilou at 0.0% relative to the city as a whole, neither more nor less expensive than the city average. The pace of sales activity in the neighbourhood reflects a modest but steady market. While average days on market figures are not available for this specific period, the nine recorded transactions indicate continued buyer interest in the triplex segment within this established neighbourhood. Among documented sales with available asking-price data, the average sale-to-asking price ratio reached 1.045 across eight sales, revealing that properties in La Cité-Limoilou are selling above their listed asking prices. This ratio signals favourable market conditions for sellers, who are achieving prices above initial asking, while buyers entering the market should be prepared for competitive conditions. The building profile in La Cité-Limoilou's triplex market reflects the neighbourhood's character as an established residential area. All nine sales involved buildings constructed before 1980, with no transactions involving properties built between 1980 and 2010 or after 2010. This means the entire sample consists of older properties typical of traditional Québec City neighbourhoods. In terms of transaction structure, 78% of the nine sales were concluded without a legal warranty of quality. This is a standard due-diligence point for buyers, who should conduct property inspections and standard checks as part of their purchase process, consistent with typical real estate practice in this segment. For buyers, properties in this neighbourhood are priced competitively with the city average, though expecting to negotiate at or slightly above asking price. For sellers, current market dynamics favour achieving prices above initial listing prices. To explore what a triplex in La Cité-Limoilou might be worth in today's market, consider using the real estate estimator.