7492 rue Montpetit

Property Details

Market analysis

Listed at $279,900, this condo is located in Outremont (Montréal). The CourtiConnect algorithmic estimate, based on 41 comparable properties in the area, places its market value between $697,000 and $787,000 (median $742,000). The asking price sits about 62.3% 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.

On the market for 168 days (listed on May 4, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $279,900 implies a down payment of $13,995 (5%), for an estimated monthly payment of $1,413, or $55,980 (20%), roughly $1,144 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 $2,485 at this price.

The Outremont area reports a median household income of $62,800 and 29% homeowners, according to census data.

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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