1808 Rue Rachel Est

Property Details

Market analysis

This condo, located in Plateau-Mont-Royal (Montréal), is listed at $324,000. The CourtiConnect algorithmic estimate, based on 33 comparable properties in the area, places its market value between $514,000 and $580,000 (median $547,000). The asking price sits about 40.8% 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 182 days (listed on April 13, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $324,000 implies a down payment of $16,200 (5%), for an estimated monthly payment of $1,635, or $64,800 (20%), roughly $1,324 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 $2,971 at this price.

The Plateau-Mont-Royal area reports a median household income of $59,200 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.

Neighbourhood Data

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