Montréal-Nord plex market — July 2026
Based on 5 actual sales · CourtiConnect
Market context: plex in Montréal-Nord
The plex market in Montréal-Nord recorded five sales in July 2026, with a median price of $1,110,000 and an average price of $1,131,200. This positions the neighbourhood at 4.8 percent below the median plex price across Montréal as a whole, which stood at $1,166,000 based on 474 sales over the trailing twelve months. The relatively modest transaction volume in Montréal-Nord during this particular month reflects a market segment where activity tends to concentrate among investors and owner-occupants seeking older, multi-unit properties in established residential areas. Properties remained on the market for an average of 133 days before closing, a timeline that suggests a measured pace of sales activity. This duration indicates neither a rushed market nor an overly stalled one, but rather a rhythm in which buyers and sellers have reasonable opportunity to negotiate and make informed decisions without excessive pressure on either side. The length of the marketing period often correlates with the need for financing arrangements, property inspections, and the logistics of multi-unit property transactions, which typically require more complex due diligence than single-family homes. Across the five documented sales, the average sale-to-asking price ratio was 0.945, meaning properties sold at approximately 94.5 percent of their listed asking price. This metric indicates that sellers faced moderate downward pressure during negotiations, with the market favouring buyer leverage over the sample period, though the small number of transactions in a single month warrants caution in drawing broader conclusions about seller positioning in Montréal-Nord. The building stock reflects an older neighbourhood profile, with 80 percent of the five sales involving structures built before 1980, while 20 percent dated from 1980 to 2010, and no sales occurred for properties constructed after 2010. This composition underscores Montréal-Nord's character as an established residential district where vintage multiplexes continue to dominate the available inventory and remain the primary investment vehicle in the local market. Notably, 80 percent of the sales were concluded without a legal warranty of quality, a condition that is routine in Quebec real estate and simply reflects standard practice in buyer due diligence. Purchasers in such transactions typically proceed with professional inspections and standard title and property checks as part of their ordinary decision-making process. For buyers, Montréal-Nord's pricing discount relative to the broader city creates relative value in an established neighbourhood. For sellers, the modest transaction count and below-asking selling pattern suggest patience and realistic pricing may be essential to achieving a sale. To estimate a specific property's value in this neighbourhood, consider using the plex price estimator tailored to Montréal-Nord's market data and characteristics.