245 Chemin Bates

Property Details

Market analysis

This condo in Mont-Royal is offered at $377,000. The CourtiConnect algorithmic estimate, based on 22 comparable properties in the area, places its market value between $514,000 and $580,000 (median $547,000). The asking price sits about 31.1% 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.

With 42 days on the market (listed on August 3, 2026, negotiation becomes realistic, with an indicative margin of 2-4%).

On the financing side, a purchase at $377,000 implies a down payment of $18,850 (5%), for an estimated monthly payment of $1,903, or $75,400 (20%), roughly $1,541 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 $3,888 at this price.

In the Mont-Royal neighbourhood, there are currently 72 properties for sale and 75 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.

Description

Condo moderne à Ville Mont Royal! Superbe espace de vie à aire ouverte, comprenant une chambre fermée, une terrasse privée, un garage et un espace de rangement. Cette unité bénéficie d'un emplacement privilégié, à deux pas du campus MIL de l'Université de Montréal, des cafés et épiceries, du REM, offrant un accès rapide au centre-ville, ainsi qu'à tous les services essentiels. Un condo parfait pour propriétaire-occupant ou investisseur, prêt à accueillir votre style de vie urbain et actif, tout

Neighbourhood Data

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