Montréal-Nord plex market — May 2026
Based on 5 actual sales · CourtiConnect
Market context: plex in Montréal-Nord
The plex market in Montréal-Nord registered five recorded sales in May 2026, establishing a median price of $1,100,000 for the neighbourhood. Compared to the broader plex market across Montréal, which recorded 455 sales over the trailing twelve months with a median price of $1,150,500, Montréal-Nord sits 4.4 percent below the city-wide median, indicating that properties here trade at a modest discount relative to Montréal as a whole. This positioning reflects the neighbourhood's particular market dynamics and the characteristics of available inventory during this period. The average time a plex spent on the market in Montréal-Nord reached 78 days, a figure that provides insight into the pace at which transactions moved from listing to sale. This duration suggests a moderately deliberate market rhythm, neither rushed nor stagnant, where both buyers and sellers had reasonable opportunity to assess their options and negotiate terms without excessive urgency. The timeframe reflects typical market conditions where properties received adequate exposure and prospective purchasers had meaningful time to conduct their evaluation process. Among the documented sales, the average sale-to-asking price ratio stood at 0.939, indicating that across these five transactions, properties sold at approximately 93.9 percent of their initial asking prices on average. This ratio, which applies specifically to the documented sales in the sample, reveals a buyer-favourable dynamic where sellers generally accepted offers below their listing positions, suggesting moderate buyer leverage in negotiations during this particular reporting period. The building profile across the five sales demonstrates significant homogeneity: one hundred percent of the properties dated from before 1980, meaning all transacted plexes were older structures predating the 1980 threshold. This composition underscores that Montréal-Nord's plex stock in this transaction sample consisted entirely of mature buildings, a characteristic typical of many established neighbourhoods on the island where housing stock developed earlier in the city's expansion. Notably, all five recorded sales were concluded without a legal warranty of quality, a circumstance that reflects standard real estate practice in Quebec where buyers typically conduct their own inspections, obtain property surveys, and perform customary due diligence to verify condition and establish baseline understanding of the asset they are acquiring. This represents normal transaction procedure rather than an anomaly. For buyers, Montréal-Nord's plex market offers established older properties at a discount relative to city-wide medians, requiring thorough inspection and assessment practices. For sellers, the current pace and pricing environment requires realistic expectations about positioning relative to broader market conditions. To refine your understanding of current market conditions and property valuations in this neighbourhood, consider using an automated estimator tool tailored to local Montréal-Nord data.