Le Plateau-Mont-Royal plex market — February 2026
Based on 9 actual sales · CourtiConnect
Market context: plex in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal's plex market recorded nine documented sales in February 2026, establishing a median price of $1,540,000 and an average price of $1,599,532. This neighbourhood commands a premium relative to the broader Montréal market, where the median plex price over the trailing twelve months across 460 sales stood at $1,182,500. Properties in Le Plateau-Mont-Royal trade at a median that is 30.2 percent higher than the city-wide median, reflecting the neighbourhood's enduring appeal and established character within Montréal's residential landscape. The pace of sales activity during this period showed moderate momentum, with properties spending an average of 111 days on the market. This timeframe suggests a measured sales cycle typical of the upper-market residential segment, where buyer deliberation and financing considerations tend to extend transaction timelines beyond those of entry-level properties. The duration reflects neither rush nor stagnation, but rather the typical rhythm of a neighbourhood where properties attract serious buyers willing to invest time in decision-making. The building profile of transacted properties reveals a neighbourhood composed entirely of older construction. Across the nine documented sales, 100 percent of properties were built before 1980, with no recorded transactions involving buildings from the 1980–2010 period or contemporary construction after 2010. This composition underscores Le Plateau-Mont-Royal's character as an established neighbourhood where heritage structures predominate, and where buyers and investors are engaging with the built environment that has defined the area for decades. In 44 percent of the nine documented sales, transactions were concluded without a legal warranty of quality—a contractual arrangement that reflects standard due-diligence practices in real estate. Buyers in such transactions typically proceed with inspections and standard verification checks to assess property condition, a customary step in the acquisition process regardless of warranty status. This share of sales without legal warranty represents a normal market dynamic rather than an indicator of any particular property condition. For buyers entering this market, Le Plateau-Mont-Royal offers established plex investments at a premium justified by neighbourhood position and building heritage, requiring realistic expectations about acquisition timelines and property age. Sellers benefit from demonstrated buyer interest at median valuations that substantially exceed city-wide benchmarks, positioning their assets within a market segment that values location and established character. To explore current listings and obtain a personalized estimate for a specific property in Le Plateau-Mont-Royal, consider using an automated real estate valuation tool tailored to Montréal's diverse neighbourhoods and market segments.