Le Plateau-Mont-Royal condo market — April 2026
Based on 10 actual sales · CourtiConnect
Market context: condo in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal recorded 10 condo sales in April 2026, establishing a median price of $894,250 for the neighbourhood. The average price across these transactions reached $1,095,850, reflecting some variability in property values within the area. When compared to the broader Montréal market, which recorded a median condo price of $555,000 over the trailing twelve months across 2,029 sales, Le Plateau-Mont-Royal commands a significant premium, sitting 61.1 percent above the city-wide median. This substantial gap underscores the neighbourhood's established appeal and market positioning as one of the more sought-after residential areas in the metropolitan area. The average time a property spent on the market before sale was 52 days, suggesting a measured pace of transactions rather than a frenetic or stalled market. This duration indicates reasonable market equilibrium, where neither buyers nor sellers face extreme time pressures to close deals, allowing both parties sufficient opportunity to make deliberate decisions aligned with their circumstances. Among the documented sales where asking prices were recorded, the average sale-to-asking price ratio stood at 1.021, reflecting data from seven transactions. A ratio above 1.0 reveals that buyers were willing to pay above the initial asking price, indicating that seller leverage was present in these particular deals during the month. This metric applies specifically to the documented sales on record and suggests competitive conditions favouring vendors, at least among the transactions where comparable asking and selling figures were available. The building profile shows considerable age diversity within the neighbourhood's condo stock. Sixty percent of units sold were constructed before 1980, representing the largest share and reflecting Le Plateau's historical character as an older urban neighbourhood. Twenty percent of sales involved properties built between 1980 and 2010, while a further twenty percent were newer construction from after 2010, indicating that modern units represent a meaningful portion of the market alongside heritage properties. In twenty percent of sales concluded, the transaction proceeded without a legal warranty of quality, a contractual arrangement that buyers should understand as part of their standard due diligence process. Properties sold under such terms simply require that purchasers conduct thorough inspections and their customary verification checks before committing to purchase, a practice that is routine in real estate transactions. For buyers, this market presents properties in a well-established neighbourhood with a mix of older character and newer construction at median prices substantially above the city average. Sellers benefit from evident buyer interest and pricing momentum that reflects the neighbourhood's desirability within the broader Montréal market. To better understand current property values and market conditions in Le Plateau-Mont-Royal tailored to your specific interests, consider using a real estate estimator to explore recent transactions and neighbourhood trends.