Le Plateau-Mont-Royal condo market — June 2025
Based on 22 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal recorded 22 condo sales in June 2025, establishing a solid baseline for market analysis during this period. The median price for condos in the neighbourhood reached $897,500, positioning Le Plateau-Mont-Royal significantly above the broader Montréal market, where the median condo price over the trailing twelve months across 707 sales stood at $566,000. This represents a premium of 58.6 percent relative to the city as a whole, reflecting the neighbourhood's established desirability, proximity to commercial corridors, cultural institutions, and transit infrastructure that command higher valuations across the local housing stock. The average time a condo spent on the market before sale was 55 days, a figure that signals a moderately paced sales environment. This timeline suggests neither rapid absorption of inventory nor extended marketing periods, indicating a reasonably balanced market where properties attract serious buyer interest within a reasonable window but without the urgency associated with highly competitive or undersupplied markets. Sellers and their representatives can expect a typical listing to remain active for approximately two months before closing, a rhythm consistent with educated buyer deliberation in a neighbourhood where prices reflect meaningful financial commitments. The building composition of Le Plateau-Mont-Royal's condo market reveals a neighbourhood dominated by older housing stock. Across the 22 documented sales, 73 percent of units were located in buildings constructed before 1980, while 23 percent came from structures built between 1980 and 2010, and only 5 percent represented newer construction completed after 2010. This age distribution underscores that buyers entering this market are predominantly selecting from converted heritage properties, century-old residential buildings, and mid-century multi-unit dwellings rather than modern purpose-built condominiums. The prevalence of pre-1980 buildings carries implications for maintenance, building systems, and renovation potential that purchasers typically assess through property inspection and engineering review. In 5 percent of the documented sales, transactions were concluded without a legal warranty of quality, a contractual arrangement that places emphasis on the buyer's own due diligence process. Purchasers selecting properties under such terms are expected to conduct thorough inspections, obtain professional engineering assessments, and verify municipal compliance and property history through standard documentation review before committing to purchase. For buyers, Le Plateau-Mont-Royal offers established neighbourhood character and urban accessibility at a price point reflecting its market position within Montréal. For sellers, the 55-day marketing timeline and robust median valuation suggest reasonable market receptivity to well-positioned inventory in this sought-after location. To estimate the current value of a specific property in Le Plateau-Mont-Royal, consider using a real estate valuation tool calibrated to recent comparable sales data and neighbourhood conditions.