7420 Avenue Papineau

Property Details

Market analysis

This duplex in Parc-Extension (Montréal) is offered at $949,000. Based on 18 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $940,000 to $1,060,000 (midpoint $1,000,000). At 5.1% 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 August 31, 2026), it leaves little negotiating room for now.

To finance this property at $949,000, expect a down payment of $47,450 (5%) and close to $4,749 per month, or $189,800 (20%) for about $3,879 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $14,451 at this price. For this 2-unit property, the estimated gross rental yield comes to about 4.3% (estimated rents).

The Parc-Extension area reports a median household income of $57,200 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

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