506 Rue Saint-Pierre

Property Details

Market analysis

Listed at $280,000, this duplex is located in Drummondville. The CourtiConnect algorithmic estimate, based on 9 comparable properties in the area, places its market value between $542,000 and $650,000 (median $596,000). The asking price sits about 53% 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 91 days (listed on July 27, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $280,000 implies a down payment of $14,000 (5%), for an estimated monthly payment of $1,413, or $56,000 (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 $2,486 at this price. For this 2-unit property, the estimated gross rental yield comes to about 15.4% (rents estimated for indicative purposes).

In the Drummondville neighbourhood, there are currently 143 properties for sale and 159 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.

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