Le Plateau-Mont-Royal condo market — October 2025
Based on 17 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
The condo market in Le Plateau-Mont-Royal recorded 17 sales in October 2025, with a median price of $890,000 and an average price of $927,918. This neighbourhood commands a significant premium within Montréal's broader market, priced 56.4% above the median condo price for the entire city over the trailing twelve months, which stood at $569,000 across 1,358 documented sales. This substantial differential reflects the neighbourhood's established appeal and desirability among buyers seeking homes in one of the city's most vibrant urban communities. The average time on market for condos in Le Plateau-Mont-Royal during this period was 58 days, indicating a moderately paced sales cycle. This metric suggests a balanced market dynamic where properties remain visible to prospective buyers long enough to attract serious interest without languishing unsold, though the pace is neither brisk nor sluggish. For a neighbourhood of this calibre and price point, this timeframe is consistent with the deliberate purchasing process typical of higher-value residential transactions. The neighbourhood's building stock reflects its evolution over several decades. Fifty-nine percent of the 17 documented sales involved condos constructed before 1980, demonstrating the prevalence of older, typically character-filled units that define much of the Plateau's residential character. A further 29% of sales covered properties built between 1980 and 2010, representing mid-range vintage stock, while 12% involved newer construction completed after 2010. This composition reveals a market where heritage and modern elements coexist, offering buyers a range of living experiences from restored heritage units to contemporary renovations and new developments. In the course of due diligence, buyers should be aware that 24% of the 17 documented sales were concluded without a legal warranty of quality. This contractual variation is a standard element of real estate transactions that purchasers typically address through their own inspections and customary verification procedures, allowing informed decision-making based on property condition assessments conducted independently of seller representations. For buyers, the Plateau offers established urban living with consistent demand and a diverse inventory across multiple construction eras. For sellers, the 9.5% appreciation in neighbourhood median pricing over the preceding six months reflects sustained market interest and competitive positioning within the city's residential landscape. To assess the current value of a specific property in Le Plateau-Mont-Royal or understand how individual units compare to current market conditions, consider using a detailed real estate estimator tailored to this neighbourhood's characteristics and recent transaction history.