Longueuil plex market — February 2026
Based on 5 actual sales · CourtiConnect
Market context: plex in Longueuil
The plex market in Le Vieux-Longueuil recorded five sales in February 2026, establishing a median price of $1,035,000 for the neighbourhood. This median sits 13.6 percent below the trailing twelve-month median across all of Longueuil, where 62 plex transactions closed at a median of $1,197,500. The price differential reflects the neighbourhood's positioning within the broader municipal market, where Le Vieux-Longueuil remains a more affordable entry point for buyers seeking multi-unit residential properties. The average price across the five documented sales reached $2,683,000, a figure notably elevated relative to the median and indicating that at least one transaction substantially exceeded the typical range. Market velocity in the neighbourhood showed moderate activity, with properties averaging 84 days on market before reaching a sale. This timeline suggests neither a particularly tight nor a notably sluggish pace; buyers and sellers encountered reasonable conditions to negotiate and close transactions without undue delay, typical of a balanced market segment where neither party holds dominant leverage. Among documented sales with recorded asking prices, the average sale-to-asking ratio stood at 1.031, calculated across four transactions. This ratio, exceeding unity, indicates that buyers in aggregate paid above the initial asking price, signalling slightly stronger buyer interest relative to listed expectations during this period, though the margin remained modest. The building stock in Le Vieux-Longueuil reflects an older housing profile, with 60 percent of the five sampled properties constructed before 1980. The remaining inventory divided evenly between structures built between 1980 and 2010, representing 20 percent, and those completed after 2010, also comprising 20 percent. This composition underscores the neighbourhood's historical character, with the majority of plexes carrying a mid-twentieth-century or earlier foundation typical of established areas. A standard consideration in any plex purchase is the legal status of the warranty of quality. In Le Vieux-Longueuil, 60 percent of the five documented sales concluded without legal warranty of quality, a condition that requires buyers to conduct customary due diligence including professional home inspections and structural assessments before committing to purchase, ensuring informed decision-making regardless of warranty status. For buyers, Le Vieux-Longueuil offers accessible pricing relative to Longueuil's broader plex market. For sellers, the modest premium achieved relative to asking price indicates receptive market conditions. To estimate the value of a specific property or explore market trends in greater depth, consider using a dedicated real estate estimator tool tailored to the Longueuil market.