Mercier–Hochelaga-Maisonneuve plex market — May 2025
Based on 8 actual sales · CourtiConnect
Market context: plex in Mercier–Hochelaga-Maisonneuve
The plex market in Mercier/Hochelaga-Maisonneuve recorded eight documented sales in May 2025, establishing a median price of $1,065,255 and an average price of $1,069,189. This neighbourhood positions itself notably below the broader Montréal market, where the median plex price over the trailing twelve months across ninety-seven sales stands at $1,200,000. The Mercier/Hochelaga-Maisonneuve neighbourhood median is 11.2 percent lower than the city-wide figure, reflecting a distinctly more affordable entry point for plex buyers in this district compared to other areas of Montréal. With only eight transactions recorded in this single month, interested parties should exercise appropriate caution when drawing conclusions, as the sample remains modest and specific to May 2025 alone. The average time a plex spent on market in Mercier/Hochelaga-Maisonneuve during May 2025 was fifty-four days. This marketing duration suggests a moderate pace of sales activity, neither indicating rapid absorption of inventory nor prolonged listing periods. Such a timeline reflects a reasonably balanced market rhythm, where properties receive adequate exposure before finding their buyers without extending significantly beyond typical market conditions. The building profile across the eight documented sales shows that one hundred percent of the properties date from before 1980, with zero sales occurring in structures built between 1980 and 2010 and zero in buildings constructed after 2010. This composition underscores that the plex inventory in this neighbourhood consists entirely of heritage and older stock, characteristics that typically influence renovation requirements, building systems, and the overall physical condition considerations that buyers must evaluate. Among the eight documented sales, thirty-eight percent were concluded without a legal warranty of quality. Purchasers acquiring properties under this structure should ensure they conduct standard due-diligence steps including professional inspections and customary verification checks, as these transactions place greater responsibility on the buyer to verify the property's condition and systems prior to closing. For buyers, Mercier/Hochelaga-Maisonneuve offers established plex properties at a meaningful discount relative to Montréal's median, making this neighbourhood worthy of consideration for those seeking multi-unit residential investment. For sellers, the moderate marketing duration and established price levels suggest a receptive buyer base, though the small transaction volume in any given month warrants realistic expectations about the timeline to sale. To estimate the potential market value of a specific plex in this neighbourhood, you may consult the estimator tool, which can provide a tailored assessment based on individual property characteristics and current market data.