Le Plateau-Mont-Royal condo market — May 2025
Based on 18 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
In May 2025, the condo market in Le Plateau-Mont-Royal recorded 18 sales, establishing a median price of $915,000 and an average price of $926,361. This neighbourhood commands a significant premium within Montréal's broader condo market, where the median price across 482 documented sales over the trailing twelve months stood at $566,900. The Le Plateau-Mont-Royal median represents a 61.4 percent premium compared to the city as a whole, reflecting the neighbourhood's desirability and established character that continues to attract buyers willing to pay substantially above the metropolitan average. The average days on market for condos in Le Plateau-Mont-Royal reached 57 days during this period, suggesting a measured pace of sales rather than a hyperactive or stagnant market. This timeframe indicates that properties are finding buyers at a reasonable cadence, neither sitting dormant nor turning over with exceptional speed. The market is neither under acute supply pressure nor flooded with inventory, positioning both buyers and sellers in a relatively balanced negotiation environment where pricing discipline and property condition matter considerably. The building profile in Le Plateau-Mont-Royal reveals a neighbourhood substantially rooted in older architecture. Among the documented sales, 67 percent of buildings were constructed before 1980, with the remaining stock split evenly between structures built from 1980 to 2010 and those completed after 2010, each representing 17 percent of transactions. This composition underscores that Le Plateau-Mont-Royal remains primarily defined by vintage Québec housing stock, predominantly heritage buildings and converted commercial or residential structures from the late nineteenth and mid-twentieth centuries, alongside a modest but growing share of newer construction. In the course of standard due diligence during purchase, buyers in this neighbourhood should note that approximately 11 percent of documented sales involved condos sold without a legal warranty of quality. This situation is neither unusual nor inherently problematic; it simply reflects that purchasers proceeded through standard inspection protocols and other verification checks independently of manufacturer or developer guarantees, a normal consideration in the acquisition process regardless of neighbourhood or property age. For buyers, Le Plateau-Mont-Royal offers established charm and urban convenience at prices that command a significant but justified premium reflective of the neighbourhood's appeal and walkability. For sellers, the neighbourhood's strength and consistent buyer interest provide a solid foundation for marketing properties effectively, though pricing must remain aligned with comparable market evidence and actual property condition. To assess the likely value of a specific property or to better understand how individual units compare to these neighbourhood trends, consider using a Quebec real estate estimator tool calibrated to Le Plateau-Mont-Royal data.