LaSalle triplex market — April 2025
Based on 8 actual sales · CourtiConnect
Market context: triplex in LaSalle
The triplex market in LaSalle recorded 8 sales in April 2025, with a median price of $928,250 and an average price of $971,063. This positioning places LaSalle triplexes at a 7.3 percent premium compared to the city-wide median for triplexes across Montréal, which stood at $865,000 over the trailing twelve months based on 94 recorded transactions. The neighbourhood's higher valuation reflects its appeal within the broader Montréal triplex segment, though prospective buyers and sellers should note that the April sample size remains modest and warrants cautious interpretation. The average time on market for LaSalle triplexes was 39 days in April 2025, indicating a moderate pace of transaction completion. This timeframe suggests neither a particularly brisk seller's market nor significant inventory stagnation, but rather a balanced rhythm where properties moved through the market at a measured pace. The 39-day average reflects the time between listing and sale conclusion, providing a reasonable benchmark for those evaluating how quickly properties typically transition in this neighbourhood. Among documented sales with available asking-price data, the average sale-to-asking price ratio was 0.995, calculated across 5 sales. This figure suggests that, on average, properties sold just slightly below asking price, pointing to a market environment where buyers retained modest negotiating capacity. Such a ratio indicates neither strong upward pressure from competitive bidding nor substantial price concessions, reflecting relatively balanced conditions between purchaser and vendor interests during this period. The building profile of LaSalle's triplex stock reveals that 100 percent of the 8 sales involved properties built before 1980, with no transactions in the 1980–2010 or post-2010 construction periods. This composition underscores that LaSalle's triplex inventory remains anchored in older housing stock, typical of established inner-city neighbourhoods where triplex typology emerged and proliferated in earlier decades. Among the 8 documented sales, 38 percent were concluded without a legal warranty of quality. For purchasers, this share reflects the importance of conducting standard due diligence including property inspections and customary title and condition checks, as is routine practice in real estate transactions of this type. Such transactions remain common and do not signal any particular concern; rather, they represent a normal dimension of the purchase process requiring the buyer's attention. For buyers seeking to enter or expand within LaSalle's triplex market, understanding this April snapshot provides a reference point for assessing current opportunity and pricing. For sellers, the combination of median pricing, market pace, and buyer-seller balance suggests conditions conducive to reasoned transaction completion without extended vacancy periods. To estimate the value of a specific triplex property in LaSalle or refine your market analysis further, consider using the real estate estimator tool tailored to this neighbourhood and property type.