Villeray–Saint-Michel–Parc-Extension triplex market — March 2026

Market context: triplex in Villeray–Saint-Michel–Parc-Extension

The triplex market in Villeray/Saint-Michel/Parc-Extension recorded eight sales in March 2026, establishing a median price of $818,000 and an average price of $862,863 across these transactions. Positioned against the broader Montreal market, where the median triplex price over the trailing twelve months reached $929,500 across 668 documented sales, this neighbourhood sits 12.0% below the city average, making it a comparatively affordable entry point for triplex buyers within Montreal's geography. The median price in the neighbourhood has declined by 19.6% over the preceding six-month period, a downward movement that merits consideration within the context of these market dynamics. The average days on market for triplex sales in this neighbourhood stood at 66 days, a figure that reflects a measured pace of transaction completion. This timeframe suggests that properties required roughly two months from listing to sale, indicating neither a rapid turnover typical of highly competitive markets nor the prolonged holding periods associated with depressed demand. The rhythm of sales points to a market where both buyers and sellers operated within conventional timelines, allowing for deliberate decision-making and property assessment. Among the five documented sales where asking and sale prices could be compared, the average sale-to-asking price ratio reached 0.981, indicating that properties sold at approximately 1.9% below their listed asking prices on average. This ratio reveals a modest buyer advantage in negotiations, though the gap remains narrow enough to suggest reasonably balanced conditions between purchasers and vendors within this sample. The building profile across these eight sales presents a notably homogeneous picture: 100% of the recorded transactions involved properties built before 1980, with no sales involving structures from the 1980–2010 or post-2010 periods. This composition reflects the neighbourhood's established character, where triplex stock consists entirely of older residential architecture typical of Montreal's early twentieth-century neighbourhoods. In terms of transaction structure, 63% of the eight recorded sales were concluded without a legal warranty of quality. Prospective buyers should understand that this is a standard consideration in their due-diligence process, prompting the importance of property inspections and customary verification checks prior to purchase completion, as would apply to any real estate transaction of this nature. For a buyer, this neighbourhood offers entry-level triplex acquisition at a meaningful discount relative to Montreal's median, provided due diligence is thorough. For a seller, the current market conditions require realistic pricing expectations given the recent downward trend in neighbourhood valuations. To explore specific properties or refine your understanding of current market conditions in this neighbourhood, consider using the real estate estimator to benchmark individual listings and gain additional perspective on value dynamics.

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