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Buying a plex in Contrecœur

Duplex, triplex or multi-family building: we go over the leases and the numbers with you before you make an offer to purchase.

Annie Payant & Jasmin MorinReal estate brokers · RE/MAX du Cartier
5.0 · 113 Google reviews

The Montreal market, in numbers

Annie and Jasmin each have more than 10 years of real estate experience. We analyze rents in the area and building sales in Contrecœur before you make an offer.

The real income

Current leases, vacant units, actual expenses: we recalculate the income before talking about price.

The multiplier and comparables

Gross income multiplier, price per door and sales of comparable buildings: is the asking price justified?

A business perspective

Trained in finance and marketing at HEC Montréal, Jasmin helps you assess a building as a business project.

At a glanceContrecœur
Population (2021)9,480
Montreal≈ 45 to 55 minutes from downtown by car
TransportationHighway 30 · Route 132
MRCMRC de Marguerite-D'Youville
Investing in Contrecœur

Rental potential in Contrecœur

ArcelorMittal and the construction of the Port of Montreal container terminal are the main drivers of demand for housing and service premises. The rental stock is mostly made up of duplexes, small plexes and a few apartment buildings. Industrial land and agricultural land are separate markets, analyzed in light of zoning and the real progress of the projects.

How we analyze a plex

Gross income multiplier

The asking price compared with the building's income and with plexes sold in the area.

Net income

Actual rents minus taxes, insurance, energy, maintenance and vacancy: what you really keep.

Comparable sales

Plexes recently sold in Contrecœur and the surrounding area, and the price per door, adjusted for the condition of the building.

Municipal assessment

The relationship between the price and the municipal assessment, to help frame an offer.

Before buying a plex in Contrecœur

  • The current leases and the renewal notices for each unit.
  • Vacant units and market rents in the area.
  • The condition of the building: roof, windows, plumbing, electrical and foundation.
  • The number of dwellings allowed by the zoning.
  • Municipal and school taxes, insurance and energy.
  • Financing: the down payment varies depending on the number of units and whether you live in the building.

For an $800,000 plex in Contrecœur, the welcome tax is approximately $14,611. Calculate it for your price →

Centris® statistics

The real estate market in Contrecœur

From January to September 2026, compared with the same period in 2025.

Single-family

Median price
$530,000 +6.2% vs. 2025
Sales
101 vs. 110 in 2025
Average time to sell
22 days vs. 34 days in 2025

Condo

Median price
$307,500 +6.0% vs. 2025
Sales
22 vs. 25 in 2025
Average time to sell
31 days vs. 28 days in 2025

Plex (2 to 5 units)

Average price
$664,700 +34.9% vs. 2025
Sales
15 vs. 7 in 2025
Average time to sell
57 days vs. 69 days in 2025

Source: Centris® — statistics by municipality and property type, revised on October 1, 2026. Average plex price: duplex to quintuplex.

Full statistics ·

Prices, sales and selling times by property type, compared with last year: Annie or Jasmin will send you the full Centris® report.

Our favourite spot in Contrecœur

Maison Lenoblet-du-Plessis

Heritage house and cultural centre

Built in 1794, this house, designated a historic monument, hosted meetings of the Patriotes before the Rebellion of 1837. Today it houses the tourist information office, seasonal exhibits and a small performance hall in the basement, La Cache des Patriotes.

Discover the Maison Lenoblet-du-Plessis →

“I recommend starting a visit to Contrecœur at the Lenoblet-du-Plessis house, then walking the boardwalks along the river.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Buying a property in Contrecœur, step by step

Our free guide (in French) explains how to find the best opportunities in Contrecœur and buy with complete confidence.

Part 1

Before: how to prepare well

Part 2

During: interested in a property?

Part 3

Afterwards: the steps that follow the offer to purchase

Get the buyer's guide

Buyer's guide: how to find the best opportunities in Contrecœur, by the Équipe Annie Payant & Jasmin Morin
They trusted us

What our clients say

5.0 · 113 Google reviews (76 for Annie, 37 for Jasmin)
“We had exceptional service from start to finish with Annie for the purchase of our first home. She was always available and answered all our questions quickly and with great clarity. Her support was impeccable: she guided us through every step with professionalism and made the process simple and reassuring.”
— Marianne Ferland, Google review · Annie Payant
“I worked with Jasmin to sell one of my condos, and I have to say he is exemplary in his professionalism. His service is truly turnkey, which made the process much easier. He knew how to offer me valuable help at every step. I recommend him without hesitation!”
— Dany Rondeau, Google review · Jasmin Morin
Frequently asked questions

Real estate in Contrecœur

What drives rental demand in Contrecœur?

Jobs tied to the ArcelorMittal steel mill and the Port of Montreal project support demand. As with any investment, the analysis should be based on the building's actual income and the concrete progress of the projects.

What is the average price of a plex in Contrecœur?

In January to September 2026, 15 plexes (from duplexes to quintuplexes) were sold in Contrecœur, at an average price of $664,700 (source: Centris®). The right price for a building depends mostly on its income: always compare the multiplier and the condition of the building.

How do you calculate the return on a revenue property?

Start with the gross income multiplier (price ÷ annual income), then calculate net income: rents minus taxes, insurance, energy, maintenance and vacancy. Then compare with similar buildings sold in the area. A good purchase is judged by actual income, not expected income.

What should you check in the leases before buying a building?

Ask for a copy of every current lease and renewal notice: rent, term, services included, special agreements. Compare the rents with the market in the area and check for vacant units. Leases stay with the building: the buyer takes them on as they are.

How much is the welcome tax on a plex in Contrecœur?

For an $800,000 plex, approximately $14,611 according to the City of Contrecœur’s 2026 schedule. Plan for this amount on top of your down payment, which varies depending on the number of units and whether you live in the building.

How much is your property worth in Contrecœur?

A free, no-obligation comparative analysis based on recent sales in your area.

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