2499 Rue L.-O.-David

Property Details

Market analysis

This quadruplex, located in Parc-Extension (Montréal), is listed at $995,000. The CourtiConnect algorithmic estimate, based on 18 comparable properties in the area, places its market value between $931,000 and $1,049,000 (median $990,000). The asking price is in line with our estimate (a gap of 0.5%), which points to positioning consistent with the local market. 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 $995,000 implies a down payment of $49,750 (5%), for an estimated monthly payment of $4,979, or $199,000 (20%), roughly $4,067 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 $15,371 at this price. For this 4-unit property, the estimated gross rental yield comes to about 8.2% (estimated rents).

The Parc-Extension area reports a median household income of $57,200 and 28% 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.

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