1597 Rue Nielsen

Property Details

Market analysis

Listed at $1,125,000, this triplex is located in Saint-Hubert (Longueuil). The CourtiConnect algorithmic estimate, based on 3 comparable properties in the area, places its market value between $1,169,000 and $1,401,000 (median $1,285,000). The asking price sits about 12.5% below that range, a gap that may signal an opportunity, to be confirmed with an OACIQ broker. Range based on a limited sample of comparable sales, without accounting for the property's condition.

On the market for 125 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 $1,125,000 implies a down payment of $56,250 (5%), for an estimated monthly payment of $5,460, or $225,000 (20%), roughly $4,598 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 $17,971 at this price. For this 3-unit property, the estimated gross rental yield comes to about 5.8% (rents estimated for indicative purposes).

In the Saint-Hubert neighbourhood, there are currently 88 properties for sale and 188 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.

Neighbourhood Data

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