Le Plateau-Mont-Royal triplex market — February 2026
Based on 10 actual sales · CourtiConnect
Market context: triplex in Le Plateau-Mont-Royal
The triplex market in Le Plateau-Mont-Royal recorded ten sales in February 2026, establishing a median price of $952,500 and an average price of $1,054,800. When compared to the broader Montréal market, where triplexes achieved a median price of $930,000 over the trailing twelve months across 649 documented transactions, Le Plateau-Mont-Royal's median stands 2.4 percent higher than the city as a whole. This modest premium reflects the neighbourhood's established desirability and character, positioning it as a slightly elevated segment within Montréal's triplex landscape. It is worth noting that the neighbourhood has experienced a notable shift in recent months, with the six-month trend showing a median price decline of 21.6 percent, indicating a cooling phase in this particular market segment compared to its recent highs. The pace of sales in the neighbourhood provides important context for both buyers and sellers navigating this market. Properties spent an average of 82 days on the market before concluding a sale, a timeframe that reflects a deliberate sales cycle rather than a rapid turnover. This duration suggests that while buyers are active and transactions are occurring, properties are not moving with exceptional speed, giving interested parties reasonable opportunity to evaluate options and make considered decisions without extreme time pressure. The building stock in Le Plateau-Mont-Royal's triplex market is notably homogeneous in terms of age. Across the ten recorded sales, one hundred percent of the properties date from before 1980, with no sales recorded for structures built between 1980 and 2010 or after 2010. This composition underscores that triplex buyers in this neighbourhood are almost exclusively engaging with heritage and older residential stock, properties that carry the architectural and historical characteristics typical of early Plateau construction. A significant proportion of transactions—seventy percent across the ten documented sales—concluded without a legal warranty of quality. Buyers considering properties in this market should be aware of this pattern and conduct standard due diligence accordingly, including professional inspections and comprehensive evaluations of building condition and systems, as would be prudent practice with any residential acquisition. For buyers, Le Plateau-Mont-Royal offers heritage triplex stock at a modest premium to the city median, with adequate time to evaluate properties before making a commitment. For sellers, the moderate days-on-market figure suggests a market with steady interest, though the recent median price decline warrants realistic pricing strategies aligned with current conditions. To determine the estimated value of a specific property in this neighbourhood, consider using a real estate estimator that incorporates current market data and comparable sales information.