1054 Avenue Pratt

Property Details

Market analysis

This triplex, located in Outremont (Montréal), is listed at $1,255,000. The CourtiConnect algorithmic estimate, based on 50 comparable properties in the area, places its market value between $838,000 and $946,000 (median $892,000). The asking price exceeds our estimate by roughly 40.7%, a gap to review before making an offer. Range based on a broad sample of comparable sales, without accounting for the property's condition.

On the market for 119 days (listed on May 18, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $1,255,000 implies a down payment of $62,750 (5%), for an estimated monthly payment of $6,091, or $251,000 (20%), roughly $5,129 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 $20,571 at this price. For this 3-unit property, the estimated gross rental yield comes to about 8% (estimated rents).

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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