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 L'Île-Perrot before you make an offer.
Buying a plex in L'Île-Perrot
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 glanceL'Île-Perrot
Population (2021)11,638
Montreal≈ 30 to 40 minutes by car from downtown Montreal via Highway 20 and the Galipeault Bridge
TransportationHighway 20, which crosses the city to the Galipeault Bridge · Galipeault Bridge to Sainte-Anne-de-Bellevue and the Island of Montreal · Île-Perrot station, on the exo 11 Vaudreuil–Hudson train line
MRCMRC de Vaudreuil-Soulanges
Investing in L'Île-Perrot
Rental potential in L'Île-Perrot
The train station, the Galipeault Bridge and the proximity of John Abbott College and McGill’s Macdonald campus, just across the bridge, support rental demand. The downtown area, around Grand Boulevard and boulevard Perrot, is a commercial sector undergoing revitalization that may appeal to investors in mixed-use buildings. Because the territory is small, opportunities are limited and each project must be analyzed on a case-by-case basis.
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 L'Île-Perrot 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 L'Île-Perrot
- 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 L'Île-Perrot, the welcome tax is approximately $14,611. Calculate it for your price →
Centris® statistics
The real estate market in L'Île-Perrot
From January to September 2026, compared with the same period in 2025.
Single-family
- Median price
- $580,000 +5.5% vs. 2025
- Sales
- 59 vs. 71 in 2025
- Average time to sell
- 34 days vs. 37 days in 2025
Condo
- Median price
- $404,500 +9.3% vs. 2025
- Sales
- 39 vs. 35 in 2025
- Average time to sell
- 56 days vs. 34 days in 2025
Plex (2 to 5 units)
- Average price
- $781,786 +32.0% vs. 2025
- Sales
- 14 vs. 10 in 2025
- Average time to sell
- 90 days vs. 29 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 L'Île-Perrot
Parc Michel-Martin
Park
Behind the town hall, this large park has a chalet, baseball diamonds, tennis, pickleball and basketball courts, water games and play structures for all ages. It also hosts the free VIP en Blues festival, two days of music and festive atmosphere.
Discover Parc Michel-Martin →“What impresses me about L'Île-Perrot is that you cross the Galipeault Bridge and are immediately in a human-scale town, with its station, its parks and its blues festival.”
Free guide
Buying a property in L'Île-Perrot, step by step
Our free guide (in French) explains how to find the best opportunities in L'Île-Perrot 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 L'Île-Perrot
Why invest in L'Île-Perrot?
The train, the Galipeault Bridge and the educational institutions of Sainte-Anne-de-Bellevue, just across the bridge, support housing demand. The downtown area, which is being revitalized, may also offer opportunities in mixed-use buildings, which are analyzed case by case.
What is the average price of a plex in L'Île-Perrot?
As of January to September 2026, 14 plexes (from duplexes to quintuplexes) were sold in L'Île-Perrot, at an average price of $781,786 (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 L'Île-Perrot?
For an $800,000 plex, approximately $14,611 according to the City of L'Île-Perrot’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 L'Île-Perrot?
A free, no-obligation comparative analysis based on recent sales in your area.
Neighbouring areas