Montréal-Nord triplex market — October 2025
Based on 5 actual sales · CourtiConnect
Market context: triplex in Montréal-Nord
The triplex market in Montréal-Nord recorded five sales during October 2025, establishing a median price of $890,000 for the neighbourhood. This median sits 3.8 percent below the city-wide median for triplexes over the trailing twelve months, which reached $925,000 across 455 documented transactions throughout Montréal. The price differential positions Montréal-Nord as a comparatively accessible segment within the triplex category, though the modest transaction volume in the neighbourhood—five sales versus the broader metropolitan sample—means conclusions should be drawn with a statistical confidence level between 90 and 95 percent. The average time properties spent on the market in Montréal-Nord during this period was 104 days, a figure that reflects a moderate pace of sales activity. This duration suggests neither an unusually competitive seller's market nor a prolonged absorption phase, but rather a steady, measured market where buyers and sellers take time to evaluate options and reach agreement. Properties in the neighbourhood are neither selling with exceptional speed nor facing extended listing periods, which typically indicates reasonable market equilibrium for the triplex asset class in this area. The building stock in Montréal-Nord's triplex market shows a pronounced tilt toward older construction, with 80 percent of the five documented sales involving properties built before 1980, while the remaining 20 percent were constructed after 2010. This distribution reflects the neighbourhood's historical character and the relative scarcity of newer triplex development. The absence of any sales in the 1980-to-2010 interval underscores a construction gap common to many established Montreal neighbourhoods, where mid-period residential development was less prevalent than either heritage stock or contemporary projects. Forty percent of the triplex sales concluded without a legal warranty of quality, a figure that represents standard practice in many transactions and reflects buyer due diligence approaches such as independent inspections and title verification. This contractual structure is neither unusual nor indicative of property condition, but rather one option available to purchasers who conduct thorough examination before closing. For a buyer entering Montréal-Nord's triplex market, the 104-day average timeline underscores the importance of patience and preparation when evaluating properties in this price range. Conversely, sellers should recognize that the neighbourhood's pricing discount relative to the city average may require competitive positioning and property presentation to attract serious interest. To refine your understanding of current conditions in Montréal-Nord or explore comparable properties, consider using the real estate estimator for precise valuation guidance tailored to specific addresses and market conditions.