Villeray–Saint-Michel–Parc-Extension triplex market — July 2026
Based on 8 actual sales · CourtiConnect
Market context: triplex in Villeray–Saint-Michel–Parc-Extension
The triplex market in Villeray/Saint-Michel/Parc-Extension recorded eight sales in July 2026, reflecting modest transaction volume in this established neighbourhood segment. The median price across these eight documented sales stood at $864,500, positioning the area notably below the broader Montréal market. When compared to the trailing twelve-month median triplex price for all of Montréal, which reached $925,000 across 666 sales, the Villeray/Saint-Michel/Parc-Extension neighbourhood was 6.5% cheaper than the city as a whole, a differential that underscores the relative affordability this area offers within the metropolitan housing landscape. The pace of sales in the neighbourhood reflected a measured market rhythm, with properties spending an average of 69 days on market before finding a buyer. This timeframe suggests a balanced environment where neither buyers nor sellers face acute urgency, allowing transactions to move through the sales cycle at a deliberate pace that accommodates both inspection periods and negotiation phases without excessive compression or extended holding periods. Among the eight documented sales, the average sale-to-asking price ratio stood at 0.991, indicating that properties sold marginally below their listed asking prices on average. This metric, derived from the documented transactions in the neighbourhood, reveals slight seller leverage within the current market conditions, though the ratio remains near parity and does not suggest dramatic downward pressure on valuations or widespread capitulation in negotiations. The building stock profile reflects a neighbourhood of substantial maturity: across the eight recorded sales, 100% of transactions involved properties constructed before 1980, with no sales recorded for properties built between 1980 and 2010, nor any built after 2010. This construction timeline underscores that Villeray/Saint-Michel/Parc-Extension remains a pre-war and early post-war residential neighbourhood, where buyers should expect period architecture and infrastructure characteristic of properties from that era. In the context of due diligence, half of the sales in the sample—four of the eight documented transactions—concluded without a legal warranty of quality. For prospective buyers, this represents a standard market consideration that warrants thorough inspection protocols and customary verification checks to understand property condition before proceeding with a purchase. For buyers seeking value in an established neighbourhood with proven residential character, this market presents an opportunity to acquire a triplex at a discount relative to the city median. For sellers, the modest transaction volume and near-asking-price outcomes suggest that realistic pricing and professional presentation remain essential to competitive positioning. To assess the current value of a specific triplex property in this neighbourhood, consider using a local real estate estimator tailored to Montréal market data.