550 Rue Lanctôt

Property Details

Market analysis

Listed at $618,000, this triplex is located in La Prairie. The CourtiConnect algorithmic estimate, based on 50 comparable properties in the area, places its market value between $570,000 and $642,000 (median $606,000). The asking price is in line with our estimate (a gap of 2%), which points to positioning consistent with the local market. Range based on a broad sample of comparable sales, without accounting for the property's condition.

With 56 days on the market (listed on August 10, 2026, negotiation becomes realistic, with an indicative margin of 2-4%).

On the financing side, a purchase at $618,000 implies a down payment of $30,900 (5%), for an estimated monthly payment of $3,092, or $123,600 (20%), roughly $2,526 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 $7,831 at this price. For this 3-unit property, the estimated gross rental yield comes to about 10.5% (rents estimated for indicative purposes).

In the La Prairie neighbourhood, there are currently 121 properties for sale and 63 sold recently, which points to a relatively quiet 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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