La Cité-Limoilou triplex market — September 2025
Based on 11 actual sales · CourtiConnect
Market context: triplex in La Cité-Limoilou
La Cité-Limoilou's triplex market recorded 11 sales in September 2025, with a median price of $585,000. This figure aligns precisely with the median triplex price across all of Québec over the trailing 12 months, placing the neighbourhood at parity with the city as a whole—neither commanding a premium nor trading at a discount relative to the broader triplex market. The average time on market for triplexes in La Cité-Limoilou stood at 52 days, indicating a moderate sales pace. This timeline suggests neither a particularly heated seller's market nor a sluggish one, but rather a balanced environment where properties move through the market at a steady cadence, allowing both buyers and sellers reasonable opportunity to evaluate their options. Among the documented sales where asking price data was available, the average sale-to-asking price ratio reached 1.073, reflecting buyer strength during negotiations. Properties in this inventory sold approximately 7.3 percent above asking price on average, a pattern that underscores competitive conditions and suggests sellers retained meaningful leverage in their transactions. The building stock in La Cité-Limoilou's triplex market consists entirely of structures built before 1980, with no newer construction represented in the recent sales sample. This profile speaks to a neighbourhood characterized by heritage properties, with all transactions involving older residential buildings typical of Québec City's traditional urban fabric. In 82 percent of the sales documented, transactions proceeded without a legal warranty of quality. This is a standard aspect of due diligence in real estate transactions; prospective buyers in this market would typically conduct inspections and standard checks as part of their normal purchasing process to verify property condition and suitability. For buyers, La Cité-Limoilou offers triplex opportunities priced at parity with the city average, providing access to the neighbourhood's established character. For sellers, the documented sale-to-asking ratio suggests a market where well-positioned properties attract competitive offers. To explore current listings or estimate a property's value in La Cité-Limoilou, consider using a dedicated real estate estimator tool tailored to this neighbourhood's specific market dynamics.