Le Plateau-Mont-Royal triplex market — December 2025
Based on 8 actual sales · CourtiConnect
Market context: triplex in Le Plateau-Mont-Royal
The triplex market in Le Plateau-Mont-Royal remained selective in December 2025, with eight recorded sales establishing a median price of $997,500 and an average price of $983,688. This neighbourhood continues to command a premium within Montréal, sitting 8.4 percent above the city-wide triplex median of $920,000 across 583 sales over the trailing twelve months. The higher valuation reflects Le Plateau-Mont-Royal's established character and desirability, though the recent six-month trend warrants attention: the neighbourhood median has declined 30.2 percent over that period, signalling a meaningful correction from earlier peaks in the market cycle. Properties in this segment are moving deliberately rather than quickly. The average days on market of 99 days indicates a measured sales pace typical of neighbourhoods where triplex inventory remains modest and buyer selectivity is pronounced. This extended marketing window suggests neither urgency nor stagnation, but rather a market where properties require time to find qualified purchasers willing to meet asking expectations. Among documented sales where asking-price records were available, the average sale-to-asking price ratio of 0.972 reveals that sellers are negotiating from a position of relative strength. This ratio, compiled across six documented sales, shows that properties are closing just short of asking price on average, indicating that buyer leverage remains limited and that listed prices reflect realistic market expectations rather than aspirational anchors. The building profile across these eight sales is notably uniform: one hundred percent of transactions involved properties built before 1980, reflecting the historical fabric of Le Plateau-Mont-Royal. No sales involved structures from the 1980–2010 period or newer construction, confirming that the triplex stock here is vintage and established, with all the maintenance considerations that older buildings typically require. Half of the documented sales, encompassing four transactions, were concluded without legal warranty of quality. Buyers engaging in transactions of this type should proceed with standard due diligence practices including professional building inspections and thorough title verification, consistent with prudent real estate practice in any market segment. For buyers, this market presents an opportunity to acquire a premium-positioned triplex in an established neighbourhood, though the extended selling timeline and negotiation dynamics suggest realistic pricing expectations. For sellers, the modest transaction volume and corrected median values mean that properly marketed properties can still attract serious interest, but pricing strategy must reflect the current cycle. To estimate the value of a specific property in this neighbourhood, consider using the local estimator tool, which incorporates transaction data and market conditions to provide informed guidance on current market positioning.