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Buying a plex in La Prairie

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

Real estate brokers who know La Prairie

Annie and Jasmin each have more than 10 years of real estate experience. We know the streets where plexes rent well in La Prairie, and the building sales in the area.

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 glanceLa Prairie
Population (2021)26,406
Montreal≈ 20 to 25 minutes from downtown by car via the Pont Samuel-De Champlain
Transportationexo buses to Montreal · Highways 15 and 30 · Routes 104, 132, 134 and 217
MRCMRC de Roussillon
Investing in La Prairie

Rental potential in La Prairie

Proximity to the Samuel-De Champlain Bridge and Highways 15 and 30 supports rental demand from workers in Montreal and on the South Shore. The rental stock includes plexes in the older sectors and new buildings in recent developments. The commercial arteries and the industrial sector along Highway 30 also attract commercial tenants. Each building should be analyzed based on its actual numbers.

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 La Prairie 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 La Prairie

  • 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 La Prairie, the welcome tax is approximately $14,611. Calculate it for your price →

Centris® statistics

The real estate market in La Prairie

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

Plex (2 to 5 units)

Average price
$833,500 +9.1% vs. 2025
Sales
16 vs. 13 in 2025
Average time to sell
62 days vs. 39 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 La Prairie

Vieux-La Prairie

Heritage site

Protected as a heritage site since 1975, this area preserves streets whose layout dates back to the French Regime, old buildings, and the Église de la Nativité, whose steeple dominates the landscape. The Société d'histoire de La Prairie-de-la-Magdeleine lets you discover more than three centuries of history there.

Discover Vieux-La Prairie →

“Strolling through Vieux-La Prairie is understanding why buyers fall in love: few South Shore cities have such a well-preserved historic centre.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Buying a property in La Prairie, step by step

Our free guide (in French) explains how to find the best opportunities in La Prairie 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 La Prairie, 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 La Prairie

What drives rental demand in La Prairie?

Quick access to the Samuel-De Champlain Bridge and Highways 15 and 30 attracts tenants who work in Montreal or on the South Shore. Plexes in the older sectors sit alongside new rental buildings.

What is the average price of a plex in La Prairie?

For January to September 2026, 16 plexes (from duplexes to quintuplexes) were sold in La Prairie, at an average price of $833,500 (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 La Prairie?

For an $800,000 plex, approximately $14,611 according to the City of La Prairie’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 La Prairie?

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

Neighbouring areas

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