Mercier–Hochelaga-Maisonneuve plex market — July 2026
Based on 11 actual sales · CourtiConnect
Market context: plex in Mercier–Hochelaga-Maisonneuve
The plex market in Mercier/Hochelaga-Maisonneuve recorded 11 sales in July 2026, establishing a median price of $1,200,000 and an average price of $1,236,000 for the period. When positioned against the broader Montréal market, where the median plex price over the trailing twelve months stood at $1,167,000 across 469 sales, properties in this neighbourhood command a premium of 2.8 percent. This differential reflects the neighbourhood's continued appeal within the city's real estate landscape, situating it modestly above the metropolitan median. The average days on market for these properties reached 141 days, a metric that speaks to a deliberate sales cycle. This timeframe suggests neither a particularly swift absorption nor extended stagnation; rather, it indicates a balanced rhythm in which buyers and sellers work through their decision-making processes at a measured pace. Properties remain visible to potential purchasers for an extended window, allowing interested parties adequate time for consideration and due diligence. The sale-to-asking price ratio, calculated across the 11 documented sales, totalled 0.955, indicating that properties sold at approximately 4.5 percent below their listed asking prices. This pattern reveals a marginal seller concession within negotiations, pointing to a market in which sellers retain reasonably firm positioning while buyers exercise modest leverage in final transactions. The ratio encompasses all recorded sales in the period and provides a snapshot of negotiating dynamics during these transactions. The building stock in the neighbourhood tilts decisively toward established construction, with 90 percent of properties built before 1980, while 10 percent date to the post-2010 period. No properties from the 1980-2010 interval were recorded in this sales cohort, underscoring the prevalence of heritage structures characteristic of this mature urban neighbourhood. Over the 11 documented sales, 64 percent concluded without a legal warranty of quality, a proportion that reflects standard practice in the plex market. Purchasers engaging in transactions of this nature would typically undertake customary inspections and due-diligence procedures to assess property condition and systems, consistent with conventional real estate practice in Québec. For buyers, this neighbourhood offers established properties in a mature urban setting with a measured market pace that supports careful evaluation. For sellers, the consistent transaction volume and modest price premium relative to the city median indicate steady demand for properties in this location. To assess the value of a specific property or explore market conditions further, consider using the market estimator tool tailored to this neighbourhood.