548 Rue Nicolet

Property Details

Market analysis

This condo, located in Hochelaga-Maisonneuve (Montréal), is listed at $587,000. Based on 27 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $410,000 to $462,000 (midpoint $436,000). Set some 34.6% above our estimate, this price is worth weighing against recent comparable sales. Range based on a broad sample of comparable sales, without accounting for the property's condition.

After 84 days on the market (listed on July 20, 2026), time on market strengthens the buyer's negotiating position (indicative margin 4-7%).

To finance this property at $587,000, expect a down payment of $29,350 (5%) and close to $2,937 per month, or $117,400 (20%) for about $2,399 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $7,089 at this price.

The Hochelaga-Maisonneuve area reports a median household income of $59,200 and 30% 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 Hochelaga-Maisonneuve: population, income, housing types and market trends.

Estimate Value

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