Le Plateau-Mont-Royal triplex market — August 2025
Based on 10 actual sales · CourtiConnect
Market context: triplex in Le Plateau-Mont-Royal
Le Plateau-Mont-Royal's triplex market recorded 10 sales in August 2025, establishing a median price of $1,215,000 and an average price of $1,242,550. This neighbourhood commands a significant premium within Montréal's broader triplex market, sitting 33.5 percent above the median price of $910,000 recorded across 335 triplex transactions citywide over the trailing twelve months. This substantial differential reflects Le Plateau-Mont-Royal's established desirability, cultural vitality, and strong demand among buyers seeking properties in one of Montréal's most sought-after inner-city locations. The average days on market for triplex sales in Le Plateau-Mont-Royal stood at 110 days in August 2025, indicating a deliberate pace of sale completion. This timeframe suggests a balanced market where neither buyers nor sellers exercise overwhelming leverage; properties require a meaningful period to find their optimal buyer, yet the market does not indicate properties languishing without interest. The extended selling window is typical for properties in this price range and neighbourhood category, allowing sufficient time for qualified purchasers to conduct due diligence and arrange financing. The building profile in Le Plateau-Mont-Royal's triplex segment is notably homogeneous, with 100 percent of documented sales involving structures built before 1980. This composition underscores the historical character of the neighbourhood and the prevalence of heritage-era multi-unit residential buildings. Buyers and owners working with pre-1980 properties should factor in the typical maintenance cycles, mechanical system considerations, and potential heritage designations that often accompany older Montréal architecture in this established district. In 70 percent of the 10 documented sales, transactions were concluded without a legal warranty of quality, a figure that reflects standard practice in many property sales within this segment. This circumstance simply indicates that buyers proceeded with their customary due-diligence protocols, including professional inspections and standard verification checks, rather than relying on a formal legal warranty from the vendor. Such transactions remain entirely ordinary within the residential real estate market and require no special interpretation beyond the routine precautions any informed purchaser would undertake. For buyers, Le Plateau-Mont-Royal's triplex market offers established, character-rich properties in a vibrant neighbourhood, though the median price premium of 33.5 percent above the city average warrants careful evaluation of value alignment. For sellers, the neighbourhood's prestige and sustained buyer interest provide a solid foundation for marketing properties, though the 110-day average suggests allowing adequate time for market exposure and buyer qualification. To determine the current value of a specific triplex property in Le Plateau-Mont-Royal, consider using the real estate estimator tool, which can provide updated insights tailored to individual property characteristics and current market conditions.