1605 Avenue du Docteur-Penfield

Property Details

Market analysis

Listed at $825,000, this condo is located in Ville-Marie (Montréal). The CourtiConnect algorithmic estimate, based on 45 comparable properties in the area, places its market value between $464,000 and $524,000 (median $494,000). The asking price exceeds our estimate by roughly 67%, a gap to review before making an offer. Range based on a broad sample of comparable sales, without accounting for the property's condition.

With 41 days on the market (listed on July 13, 2026, negotiation becomes realistic, with an indicative margin of 2-4%).

On the financing side, a purchase at $825,000 implies a down payment of $41,250 (5%), for an estimated monthly payment of $4,128, or $165,000 (20%), roughly $3,372 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 $11,971 at this price.

In the Ville-Marie neighbourhood, there are currently 19 properties for sale and 305 sold recently, which points to a very active 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.

Neighbourhood Data

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