Le Plateau-Mont-Royal triplex market — October 2025
Based on 11 actual sales · CourtiConnect
Market context: triplex in Le Plateau-Mont-Royal
The triplex market in Le Plateau-Mont-Royal recorded 11 sales in October 2025, with a median price of $1,250,000 and an average price of $1,338,500. This neighbourhood commands a significant premium relative to the broader Montréal market, where the median triplex price over the trailing twelve months stood at $925,000 across 455 documented transactions. Le Plateau-Mont-Royal triplexes are positioned 35.1% above the city median, reflecting the neighbourhood's desirability and its established character as one of Montréal's most sought-after residential districts. This substantial differential underscores both the quality of properties and the neighbourhood's appeal to buyers willing to invest at the higher end of the market. The average days on market for triplex sales in Le Plateau-Mont-Royal during this period was 59 days, indicating a moderately paced sales cycle. This timeframe suggests that properties are neither moving with exceptional urgency nor lingering for extended periods, which typically reflects a balanced market environment where buyers have adequate time to conduct thorough due diligence while sellers maintain reasonable expectations regarding exposure. The building stock in Le Plateau-Mont-Royal's triplex inventory is notably uniform in age, with 100% of the eleven documented sales involving structures built before 1980. This composition reflects the neighbourhood's historical development pattern and architectural heritage, with no recent new construction or significant mid-period renovations represented in the transaction sample. Buyers considering properties in this market should anticipate period characteristics and plan accordingly for maintenance and potential system upgrades common to older housing stock. A notable observation regarding purchase documentation reveals that 64% of the sales concluded without a legal warranty of quality, which is a standard due-diligence consideration in real estate transactions. Purchasers in transactions without such warranty typically engage inspectors, review property conditions independently, and conduct the customary checks that informed buyers undertake regardless of warranty status. This practice is routine and reflects normal market operations in the province. For buyers, Le Plateau-Mont-Royal offers established character and neighbourhood prestige at a premium justified by location and market demand. For sellers, the 59-day average absorption period combined with the achieved price levels suggests that properly positioned properties find their market audience within a reasonable timeframe. To estimate the current value of a triplex in this neighbourhood or explore comparable transactions in greater detail, the real estate estimator tool provides a valuable resource for both market analysis and individual property assessment.