297 Rue Notre-Dame

Property Details

Market analysis

Listed at $441,500, this duplex is located in Drummondville. The CourtiConnect algorithmic estimate, based on 9 comparable properties in the area, places its market value between $542,000 and $650,000 (median $596,000). The asking price sits about 25.9% 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 118 days (listed on May 4, 2026), a duration that, in this area, opens a more substantial negotiating margin (indicatively 4-7%).

On the financing side, a purchase at $441,500 implies a down payment of $22,075 (5%), for an estimated monthly payment of $2,228, or $88,300 (20%), roughly $1,804 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 $4,855 at this price. For this 2-unit property, the estimated gross rental yield comes to about 9.8% (rents estimated for indicative purposes).

In the Drummondville neighbourhood, there are currently 49 properties for sale and 181 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.

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