Le Plateau-Mont-Royal plex market — June 2026
Based on 5 actual sales · CourtiConnect
Market context: plex in Le Plateau-Mont-Royal
The plex market in Le Plateau-Mont-Royal recorded five sales in June 2026, establishing a median price of $1,460,000 and an average price of $1,491,000. This neighbourhood commands a significant premium within Montréal's broader plex market, sitting 27.0% above the trailing twelve-month median for the city as a whole, which stood at $1,150,000 across 467 documented transactions. The pricing differential reflects Le Plateau-Mont-Royal's continued appeal as one of Montréal's most desirable residential neighbourhoods, characterized by its historic charm, walkable streets, and established community infrastructure. The concentration of sales activity at this elevated price point underscores strong buyer interest in properties within this sought-after area, despite the relatively modest transaction volume recorded during this particular month. The average time properties spent on the market in Le Plateau-Mont-Royal reached 130 days during this period, indicating a measured pace of sales activity. This figure suggests neither rapid turnover nor extended vacancy concerns, but rather a balanced market dynamic where properties take approximately four months from listing to closing. Such a timeline allows both buyers and sellers adequate opportunity to reach informed decisions without the pressure of urgent timelines, reflecting a market environment where properties are typically available for serious consideration over a meaningful duration. Among the five documented sales, the average sale-to-asking price ratio came in at 0.974, meaning that properties sold at approximately 97.4% of their listed asking prices on average. This figure indicates that sellers retained modest leverage during negotiations, with most transactions concluding slightly below initial asking prices rather than commanding premiums. For the small sample of recorded sales, this ratio provides insight into the realistic negotiating position of both parties in this segment of the market. The building profile for properties sold in June 2026 presents a distinctly mature housing stock, with 100% of the five sales involving structures built before 1980. Le Plateau-Mont-Royal's architectural heritage is therefore well represented in recent transactions, with no sales of properties constructed during the 1980-2010 period or after 2010. This composition reflects the neighbourhood's historical development pattern and the prevalence of older residential buildings throughout the area. All five documented sales in June 2026 were concluded without a legal warranty of quality, a finding that represents standard practice in many plex transactions. Buyers proceeding with such acquisitions should, as with any real estate purchase, undertake thorough property inspections and complete their customary due-diligence investigations to ensure they understand the condition and any maintenance considerations of the property. For buyers, Le Plateau-Mont-Royal offers established neighbourhood character and proven desirability, though at a meaningful premium relative to the broader Montréal market. For sellers, the extended marketing timeline and below-asking outcomes suggest patience and realistic pricing expectations remain important strategy elements in this competitive segment. To estimate a property value in Le Plateau-Mont-Royal or elsewhere in Montréal, consider using an automated property estimator tool tailored to current market data.