2489 boulevard Mercure

Property Details

Market analysis

Listed at $899,000, this quadruplex is located in Drummondville. Based on 9 comparable listings in the same neighbourhood, our algorithmic estimate places its market value in a range of $560,000 to $670,000 (midpoint $615,000). Set some 46.2% 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.

A new listing (0 days, listed on November 9, 2026), it leaves little negotiating room for now.

To finance this property at $899,000, expect a down payment of $44,950 (5%) and close to $4,498 per month, or $179,800 (20%) for about $3,674 monthly (25-year amortization, rate 3.69%). Also to budget for: the transfer duty, commonly called the welcome tax, of about $11,596 at this price. For this 4-unit property, the estimated gross rental yield comes to about 9.6% (rents estimated for indicative purposes).

The Drummondville market currently shows 166 active listings and 156 sold recently, which points to an 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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