7497 Avenue d'Outremont

Property Details

Market analysis

Listed at $549,000, this single-family home is located in Parc-Extension (Montréal). The CourtiConnect algorithmic estimate, based on 7 comparable properties in the area, places its market value between $775,000 and $929,000 (median $852,000). The asking price sits about 35.6% below that range, a gap that may signal an opportunity, to be confirmed with an OACIQ broker. Range based on a moderate sample of comparable sales, without accounting for the property's condition.

On the market for 195 days (listed on March 30, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $549,000 implies a down payment of $27,450 (5%), for an estimated monthly payment of $2,747, or $109,800 (20%), roughly $2,244 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 $6,346 at this price.

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.

Description

Propriété très bien située avec deux chambres à coucher et à proximité de tous les services. Une cour intime et clôturée. Pourrait représenter une belle opportunité pour un investisseur qui voudrait bâtir un immeuble à revenu mais il devra faire ses vérifications auprès des autorités compétentes. La propriété a besoin de rénovations.Une occasion idéale pour les acheteurs qui souhaitent rénover et personnaliser la propriété selon les standards d'aujourd'hui.

Neighbourhood Data

Explore the full demographic and real estate profile of Parc-Extension: population, income, housing types and market trends.

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