3689 Avenue de l'Hôtel-de-Ville

Property Details

Market analysis

This triplex in Plateau-Mont-Royal (Montréal) is offered at $1,238,000. The CourtiConnect algorithmic estimate, based on 9 comparable properties in the area, places its market value between $1,103,000 and $1,321,000 (median $1,212,000). The asking price is in line with our estimate (a gap of 2.1%), 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 July 20, 2026, negotiation becomes realistic, with an indicative margin of 2-4%).

On the financing side, a purchase at $1,238,000 implies a down payment of $61,900 (5%), for an estimated monthly payment of $6,008, or $247,600 (20%), roughly $5,060 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 $20,231 at this price. For this 3-unit property, the estimated gross rental yield comes to about 7% (estimated rents).

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

Explore the full demographic and real estate profile of Plateau-Mont-Royal: population, income, housing types and market trends.

Estimate Value

Use our property estimator to compare this property with recent sales in the same area.