12525 Avenue Léon-Ringuet

Property Details

Market analysis

This triplex, located in Rivière-des-Prairies (Montréal), is listed at $1,249,000. Based on 50 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $381,000 to $429,000 (midpoint $405,000). Set some 208.4% above our estimate, this price is worth weighing against recent comparable sales. Range based on a broad sample of comparable sales, without accounting for the property's condition.

After 118 days on the market (listed on May 4, 2026), time on market strengthens the buyer's negotiating position (indicative margin 4-7%).

To finance this property at $1,249,000, expect a down payment of $62,450 (5%) and close to $6,062 per month, or $249,800 (20%) for about $5,105 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $20,451 at this price. For this 3-unit property, the estimated gross rental yield comes to about 4.5% (estimated rents).

The Rivière-des-Prairies area reports a median household income of $67,500 and 49% 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.

Neighbourhood Data

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