La Cité-Limoilou triplex market — July 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 July 2025, establishing a median price of $599,900. This places the neighbourhood at a 1.2 percent premium compared to the city of Québec as a whole, where the median triplex price over the trailing twelve months—based on 120 documented sales—stood at $592,500. The neighbourhood's pricing reflects its character within the broader Québec triplex landscape, positioning it slightly above the municipal average. The average time on market for these properties was 43 days, indicating a moderate pace of transaction activity. This timeline suggests neither an exceptionally fast-moving nor a sluggish market, reflecting a balanced rhythm typical of established neighbourhoods where properties spend several weeks before finding their buyer. Properties took roughly six weeks from listing to sale, a reasonable window that aligns with the deliberate decision-making process buyers apply to multi-unit residential purchases. The sale-to-asking price ratio for the nine documented sales averaged 1.017, meaning properties sold marginally above their listed asking prices on average. This modest premium signals relatively balanced negotiating dynamics between buyers and sellers, with neither party exercising disproportionate leverage. Sellers achieved prices slightly above their initial ask, while buyers secured acquisitions close to listed terms. The building profile reveals that all nine sales involved properties constructed before 1980, reflecting La Cité-Limoilou's established residential character. These older structures represent the neighbourhood's historical housing stock and form the backbone of its triplex inventory. Notably, 100 percent of the documented sales concluded without a legal warranty of quality. Buyers in this market should approach acquisitions with standard due diligence practices, including professional inspections and thorough property assessments, as is customary with older residential buildings. For buyers, this market presents an opportunity to acquire an established triplex in a neighbourhood priced slightly above the municipal median, with properties moving at a measured pace. For sellers, the modest premium above asking prices suggests reasonable market receptivity to well-positioned listings. To explore current valuations and market conditions in La Cité-Limoilou, consider using a real estate estimator tailored to the neighbourhood's specific characteristics.