8856 Rue Ravel

Property Details

Market analysis

This plex, located in Saint-Léonard (Montréal), is listed at $1,799,000. Based on 16 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $1,221,000 to $1,377,000 (midpoint $1,299,000). Set some 38.5% above our estimate, this price is worth weighing against recent comparable sales. Range based on a broad sample of comparable sales, without accounting for the property's condition.

A new listing (0 days, listed on August 31, 2026), it leaves little negotiating room for now.

To finance this property at $1,799,000, expect a down payment of $89,950 (5%) and close to $8,731 per month, or $359,800 (20%) for about $7,352 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $31,451 at this price. For this 2-unit property, the estimated gross rental yield comes to about 2.4% (estimated rents).

The Saint-Léonard area reports a median household income of $63,200 and 32% 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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