La Cité-Limoilou triplex market — December 2025
Based on 8 actual sales · CourtiConnect
Market context: triplex in La Cité-Limoilou
The triplex market in La Cité-Limoilou recorded eight sales in December 2025, with a median price of $532,500 and an average price of $532,204. This neighbourhood sits notably below the city of Québec as a whole, trading at 9.7% cheaper than the median triplex price across all of Québec over the trailing twelve months, which stood at $589,500 based on 205 recorded transactions. This price differential positions La Cité-Limoilou as an accessible entry point for investors and owner-occupants seeking triplex properties in the broader Québec market. The average time on market for triplexes in this neighbourhood reached 37 days, indicating a moderate pace of sales activity. This timeframe suggests a reasonably balanced market where properties move at a steady rhythm, neither stagnating nor selling with exceptional urgency. The six-month median price trend declined by 3.2%, reflecting some softening in valuations over the recent period, though the sample size warrants consideration when interpreting this directional movement. Among the documented sales with recorded asking prices, the average sale-to-asking ratio was 1.073, demonstrating that properties were closing above their initial asking prices on average. This metric, which covers six documented sales, indicates that buyer interest has provided sufficient leverage to push final sale prices higher than initial asking price, favoring sellers in the negotiation process. The building profile reveals a neighbourhood dominated by older construction, with 88% of the eight sales involving properties built before 1980, while 13% dated from the 1980 to 2010 period. No properties from 2010 onward were represented in the sample. This composition underscores that La Cité-Limoilou's triplex stock consists predominantly of heritage properties with established character and layout. In 88% of the eight recorded sales, properties were concluded without a legal warranty of quality, a proportion that reflects standard due diligence expectations in the triplex market. Buyers in this neighbourhood should anticipate conducting thorough property inspections and standard verification procedures as part of their acquisition process, consistent with conventional real estate practice for older residential buildings. For buyers, La Cité-Limoilou offers older, established triplex properties at a meaningful discount relative to the broader Québec market. For sellers, the above-asking price ratio suggests that well-positioned properties attract sufficient buyer interest to support competitive offers. To estimate the current value of a specific triplex in La Cité-Limoilou, consider using our neighbourhood-specific real estate estimator tool.