Montréal-Nord triplex market — November 2025
Based on 6 actual sales · CourtiConnect
Market context: triplex in Montréal-Nord
The triplex market in Montréal-Nord recorded six sales in November 2025, establishing a median price of $795,000 and an average price of $797,633. This neighbourhood sits meaningfully below the broader Montréal market, where the median triplex price across the city over the trailing twelve months reached $925,000 based on 523 recorded transactions. Montréal-Nord's median represents a 14.1 percent discount relative to the city as a whole, positioning it as a more affordable entry point for buyers seeking multi-unit residential property in the metropolitan area. The pace of sales activity in Montréal-Nord tells a measured story. Properties spent an average of 83 days on the market before closing, a timeframe that reflects neither urgency nor prolonged stagnation but rather a deliberate transaction cycle typical of secondary markets with solid fundamentals. This duration suggests that buyers have adequate time to inspect, negotiate, and complete their due diligence without facing artificial time pressure or competitive bidding wars that characterize faster-moving segments. Examining documented sales, the average sale-to-asking price ratio stood at 0.995 across five recorded transactions. This figure sits just below parity, indicating that properties are closing near their asking price while showing no systemic pattern of sellers commanding premiums or accepting steep discounts. The market demonstrates equilibrium between buyer and seller positioning, with neither party holding overwhelming leverage in price negotiations. The building stock in Montréal-Nord's triplex market is notably mature. All six recorded sales involved properties constructed before 1980, with zero transactions involving structures built between 1980 and 2010, and no properties from 2010 onward. This composition reflects the neighbourhood's established residential character and underscores the importance of property condition assessment for prospective purchasers evaluating older multi-unit buildings. One third of the recorded sales, representing two transactions, concluded without a legal warranty of quality. Buyers engaging with such transactions should approach them as standard opportunities to conduct thorough inspections and obtain engineering assessments, fulfilling customary due diligence practices that prudent investors apply regardless of warranty status. For buyers, Montréal-Nord offers triplex opportunities at a 14.1 percent discount to the city median, paired with a realistic timeframe for careful property evaluation. For sellers, the market presents reasonable price realization near listing value within a moderate sales cycle. To estimate the value of a specific property in Montréal-Nord or explore how neighbourhood trends apply to your situation, consider using a dedicated real estate estimator tool tailored to the local market.