1225 Rue Notre-Dame Ouest

Property Details

Market analysis

This lot, located in Ville-Marie (Montréal), is listed at $40,000. The CourtiConnect algorithmic estimate, based on 50 comparable properties in the area, places its market value between $474,000 and $534,000 (median $504,000). The asking price sits about 92.1% below that range, a gap that may signal an opportunity, to be confirmed with an OACIQ broker. Range based on a broad sample of comparable sales, without accounting for the property's condition.

With 48 days on the market (listed on July 27, 2026, negotiation becomes realistic, with an indicative margin of 2-4%).

On the financing side, a purchase at $40,000 implies a down payment of $2,000 (5%), for an estimated monthly payment of $202, or $8,000 (20%), roughly $163 per month, over 25 years at a reference rate of 3.69%. Also to budget for: the transfer duty, commonly called the welcome tax, of about $200 at this price.

In the Ville-Marie neighbourhood, there are currently 76 properties for sale and 299 sold recently, which points to a very active market.

CourtiConnect algorithmic estimate, provided for information purposes and based on available market data. It does not constitute a professional appraisal within the meaning of Quebec’s Real Estate Brokerage Act.

Neighbourhood Data

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