245 Chemin Bates

Property Details

Market analysis

This condo in Mont-Royal is offered at $377,000. The CourtiConnect algorithmic estimate, based on 20 comparable properties in the area, places its market value between $512,000 and $578,000 (median $545,000). The asking price sits about 30.8% 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 70 days (listed on August 3, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

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 $3,766 at this price.

In the Mont-Royal neighbourhood, there are currently 136 properties for sale and 60 sold recently, which points to a relatively quiet 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

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