La Cité-Limoilou triplex market — May 2025
Based on 9 actual sales · CourtiConnect
Market context: triplex in La Cité-Limoilou
The triplex market in La Cité-Limoilou recorded nine sales in May 2025, with a median price of $595,000 and an average price of $681,556. This neighbourhood sits precisely at parity with the broader Québec market for triplexes, where the median price over the trailing twelve months across 88 recorded sales was also $595,000, representing a 0.0% gap. La Cité-Limoilou therefore neither commands a premium nor trades at a discount relative to the city as a whole, suggesting that buyers and sellers in this neighbourhood are operating within the typical valuation framework for this property type across Québec. The average time on market for these nine transactions was 114 days, indicating a moderate pace of sale that reflects a balanced market dynamic. This timeframe suggests properties in the neighbourhood take roughly four months to move from listing to closing, which is neither exceptionally brisk nor protracted, pointing to steady but unhurried buyer activity. Among eight documented sales with recorded asking prices, the average sale-to-asking price ratio was 0.970, meaning that on average these properties sold at approximately 97% of their listed price. This figure indicates that sellers are not commanding premiums above asking and that buyers retain modest negotiating leverage, typical of a market where neither party possesses decisive advantage. The building profile across the nine sales shows complete homogeneity in age: 100% of transactions involved properties built before 1980, with no triplexes from the 1980–2010 period or after 2010 changing hands. This underscores that La Cité-Limoilou's triplex stock is predominantly vintage, reflecting the neighbourhood's established character and the relative absence of newer multi-unit residential construction. A key due-diligence consideration is that 100% of the nine recorded sales were concluded without a legal warranty of quality. Buyers in this market should ensure their standard inspection protocols and property checks are thorough and comprehensive when acquiring a triplex in this neighbourhood. For buyers, this neighbourhood offers triplex properties priced in line with the broader Québec market, making fair valuation achievable with proper inspection practices. For sellers, the moderate days-on-market figure and near-asking-price outcomes suggest a stable environment for marketing their properties. To estimate the value of a specific triplex in La Cité-Limoilou, you are invited to use the real estate estimator tool, which incorporates current market data to inform your assessment.