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 $464,000 and $524,000 (median $494,000). The asking price sits about 91.9% 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 186 properties for sale and 293 sold recently, which points to an 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.

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