240 Chemin Bates

Property Details

Market analysis

This condo, located in Mont-Royal, is listed at $657,000. The CourtiConnect algorithmic estimate, based on 20 comparable properties in the area, places its market value between $655,000 and $739,000 (median $697,000). The asking price sits about 5.7% below that range, a gap that may signal an opportunity, to be confirmed with an OACIQ broker. Range based on a broad sample of comparable sales, without accounting for the property's condition.

On the market for 105 days (listed on July 13, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $657,000 implies a down payment of $32,850 (5%), for an estimated monthly payment of $3,287, or $131,400 (20%), roughly $2,685 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 $7,966 at this price.

In the Mont-Royal neighbourhood, there are currently 153 properties for sale and 57 sold recently, which points to a relatively quiet 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.

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