Mercier–Hochelaga-Maisonneuve plex market — August 2026
Based on 9 actual sales · CourtiConnect
Market context: plex in Mercier–Hochelaga-Maisonneuve
The plex market in Mercier/Hochelaga-Maisonneuve recorded nine sales in August 2026, establishing a median price of $1,075,000 for the neighbourhood. This median sits 8.5% below the trailing twelve-month median for plexes across all of Montréal, which reached $1,175,000 across 478 documented transactions. The positioning of Mercier/Hochelaga-Maisonneuve below the citywide benchmark reflects the neighbourhood's particular character within the broader metropolitan real estate landscape and suggests a relatively accessible entry point compared to Montréal's plex market as a whole. Properties in the neighbourhood spent an average of 95 days on market before closing, a timeline that reflects a measured pace of sales activity. This duration indicates neither a particularly tight seller's market nor an overly supply-heavy environment, but rather a balanced rhythm in which buyers and sellers each have reasonable time to make informed decisions and negotiate terms without undue time pressure. Examining the documented sales across these nine transactions, the average sale-to-asking price ratio stood at 0.950, meaning properties sold at approximately 95% of their listing price on average. This ratio reveals that buyers held modest leverage during negotiations, as properties generally closed below their initial asking prices, though not dramatically so. The pattern suggests sellers retained reasonable positioning but ultimately conceded small discounts to close transactions. The building stock in the neighbourhood skews considerably toward older construction, with 78% of the nine documented sales involving properties built before 1980, while 22% dated from the 1980-to-2010 period. No transactions involved properties constructed after 2010, underscoring that Mercier/Hochelaga-Maisonneuve's plex inventory is predominantly composed of heritage and mid-century structures. This construction-period mix defines the neighbourhood's architectural character and carries implications for ongoing maintenance and renovation requirements that buyers should carefully evaluate. During the period under review, 44% of the nine documented sales closed without a legal warranty of quality, a share that reflects standard practice in real estate transactions where buyers conduct their own due diligence. Purchasers in such transactions typically proceed with property inspections and standard checks to understand condition and assess any remedial work required, consistent with prudent acquisition practices in the secondary market. For buyers considering entry into Mercier/Hochelaga-Maisonneuve, the neighbourhood presents plex opportunities at a discount relative to citywide medians, supported by a reasonable sales pace and a stock of established buildings with proven longevity. Sellers should recognize that pricing competitively within the current market dynamic remains essential, as buyer concessions at closing have become a normal feature of negotiated transactions in this segment. To develop a more precise understanding of property value in Mercier/Hochelaga-Maisonneuve, consider using a real estate estimator tailored to recent neighbourhood transaction data.