850 Rue Du Merlot

Property Details

Market analysis

Listed at $249,900, this lot is located in Drummondville. Based on 50 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $503,000 to $567,000 (midpoint $535,000). At 53.3% below our estimate, the asking price warrants buyer attention, subject to professional verification. Range based on a broad sample of comparable sales, without accounting for the property's condition.

A new listing (0 days, listed on September 7, 2026), it leaves little negotiating room for now.

To finance this property at $249,900, expect a down payment of $12,495 (5%) and close to $1,261 per month, or $49,980 (20%) for about $1,021 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $2,205 at this price.

The Drummondville market currently shows 64 active listings and 176 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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