The Montreal market, in numbers
RE/MAX du Cartier, our agency, has an office very close by, in Mont-Royal. We analyze rents in the area and building sales in Côte-des-Neiges–Notre-Dame-de-Grâce before you make an offer.
Buying a plex in Côte-des-Neiges–Notre-Dame-de-Grâce
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 reviewsThe 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 glanceCôte-des-Neiges–Notre-Dame-de-Grâce
Population (2021)170,583
Montreal≈ 15 to 25 minutes from downtown by metro
TransportationOrange and Blue metro lines · Vendôme station · Highway 15
MRCAgglomération de Montréal
Investing in Côte-des-Neiges–Notre-Dame-de-Grâce
Rental potential in Côte-des-Neiges–Notre-Dame-de-Grâce
The universities and major hospitals sustain significant and varied rental demand. The housing stock includes many multi-unit buildings, plexes and commercial properties on arteries such as chemin de la Côte-des-Neiges and Monkland Avenue. The rules of the Tribunal administratif du logement govern rents and must be factored into the analysis. A case-by-case study of income and expenses remains essential.
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 Côte-des-Neiges–Notre-Dame-de-Grâce 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 Côte-des-Neiges–Notre-Dame-de-Grâce
- 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 Côte-des-Neiges–Notre-Dame-de-Grâce, the welcome tax is approximately $11,349. Calculate it for your price →
Centris® statistics
The real estate market in Côte-des-Neiges–Notre-Dame-de-Grâce
From January to September 2026, compared with the same period in 2025.
Single-family
- Median price
- $1,277,000 +2.2% vs. 2025
- Sales
- 156 vs. 162 in 2025
- Average time to sell
- 43 days vs. 53 days in 2025
Condo
- Median price
- $532,500 −4.1% vs. 2025
- Sales
- 376 vs. 415 in 2025
- Average time to sell
- 61 days vs. 61 days in 2025
Plex (2 to 5 units)
- Average price
- $1,043,868 +2.3% vs. 2025
- Sales
- 127 vs. 122 in 2025
- Average time to sell
- 67 days vs. 57 days in 2025
Source: Centris® — statistics by municipality and property type, revised on October 1, 2026. Average plex price: duplex to quintuplex.
Our favourite spot in Côte-des-Neiges–Notre-Dame-de-Grâce
Saint Joseph's Oratory of Mount Royal
Historic and spiritual site
Founded by Saint Brother André, the Oratory is an important shrine whose dome can be seen from far away on the slope of Mount Royal. Its gardens, its Way of the Cross and its view of the city make it a memorable visit, whatever one's beliefs.
Discover the Oratoire Saint-Joseph du Mont-Royal →“As a HEC Montréal alumnus, I know just how much the university area at the foot of the Oratory lives to the rhythm of its campuses, and housing demand does too.”
Free guide
Buying a property in Côte-des-Neiges–Notre-Dame-de-Grâce, step by step
Our free guide (in French) explains how to find the best opportunities in Côte-des-Neiges–Notre-Dame-de-Grâce 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
“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.”
“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!”
Frequently asked questions
Real estate in Côte-des-Neiges–Notre-Dame-de-Grâce
Why invest in Côte-des-Neiges–Notre-Dame-de-Grâce?
The concentration of universities and hospitals creates varied rental demand. However, each building must be analyzed based on its actual rents, its condition and its expenses.
What is the average price of a plex in Côte-des-Neiges–Notre-Dame-de-Grâce?
From January to September 2026, 127 plexes (from duplexes to quintuplexes) were sold in Côte-des-Neiges–Notre-Dame-de-Grâce, at an average price of $1,043,868 (source: Centris®). The right price for a building depends above all 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 Côte-des-Neiges–Notre-Dame-de-Grâce?
For an $800,000 plex, roughly $11,349 based on the City of Montreal'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 Côte-des-Neiges–Notre-Dame-de-Grâce?
A free, no-obligation comparative analysis based on recent sales in your area.
Neighbouring areas