Villeray–Saint-Michel–Parc-Extension duplex market — May 2025
Based on 9 actual sales · CourtiConnect
Market context: duplex in Villeray–Saint-Michel–Parc-Extension
The duplex market in Villeray/Saint-Michel/Parc-Extension recorded nine sales in May 2025, establishing a median price of $715,000. This median sits 12.3 percent below the trailing twelve-month median for duplexes across all of Montréal, where 265 recorded transactions yielded a median of $815,000. The neighbourhood therefore positions itself as a more affordable segment within the broader duplex market of the city, though the average price among the nine local sales reached $804,389, reflecting some variability in the transaction values and suggesting that individual properties command widely different amounts depending on their condition, location within the neighbourhood, and other distinguishing features. The average time on market for these properties stood at eighty-one days, a figure that reflects a moderate pace of sale and indicates neither a particularly rapid turnover nor extended holding periods. This duration suggests that buyers and sellers are meeting within a reasonable window, and properties are neither sitting idle for extended periods nor selling within days of listing. The rhythm of the market appears stable and measured, consistent with neighbourhoods where inventory moves steadily without either urgent pressure or stagnation. Among the six documented sales where sale-to-asking price data could be established, the average ratio was 0.983, meaning that these properties sold at approximately 98.3 percent of their asking prices on average. This ratio, slightly below parity, points to modest seller leverage and suggests that buyers retain a marginal negotiating advantage, though the gap is narrow enough to indicate relatively balanced conditions between the two sides of the transaction. The building profile across these nine sales reveals a neighbourhood dominated entirely by older housing stock. One hundred percent of the recorded transactions involved structures built before 1980, with no sales of properties constructed between 1980 and 2010, and none built after 2010. This composition underscores that Villeray/Saint-Michel/Parc-Extension is a historically established neighbourhood of mature duplexes, with all the character and maintenance considerations that accompany pre-1980 construction. Forty-four percent of the nine documented sales were concluded without a legal warranty of quality, a share that reflects standard practice in the market and represents a normal due-diligence checkpoint in any transaction. Buyers engaging with properties sold under this condition typically proceed with appropriate inspections and professional assessments to evaluate the building's structural and mechanical systems, a customary step in residential real estate transactions. For buyers, the neighbourhood offers pricing below the city median and a stable market pace that allows for thoughtful decision-making. For sellers, the slight discount to city-wide pricing must be weighed against the neighbourhood's established character and accessibility within Montréal's geography. To explore current listings and refine your understanding of neighbourhood values, consider using a real estate estimator tailored to this market segment.