Duplex, triplex or multi-family building: we go over the leases and the numbers with you before you make an offer to purchase.
Jasmin lived in el Plateau-Mont-Royal and then in Hochelaga.
Jasmin lived in el Plateau-Mont-Royal and then in Hochelaga. RE/MAX du Cartier, our agency, also has an office on the Plateau. We analyze rents in the area and building sales in el Plateau-Mont-Royal before you make an offer.
Current leases, vacant units, actual expenses: we recalculate the income before talking about price.
Gross income multiplier, price per door and sales of comparable buildings: is the asking price justified?
Trained in finance and marketing at HEC Montréal, Jasmin helps you assess a building as a business project.
The high proportion of tenants and the neighbourhood's appeal support steady rental demand. The housing stock is made up mostly of duplexes, triplexes and small older buildings, with ground-floor commercial space on the main arteries. The rules of the Tribunal administratif du logement govern rent increases and repossessions of dwellings, which must be factored into any analysis. Before undertaking a short-term rental project, check the applicable regulations.
The asking price compared with the building's income and with plexes sold in the area.
Actual rents minus taxes, insurance, energy, maintenance and vacancy: what you really keep.
Plexes recently sold in el Plateau-Mont-Royal and the surrounding area, and the price per door, adjusted for the condition of the building.
The relationship between the price and the municipal assessment, to help frame an offer.
For an $800,000 plex in el Plateau-Mont-Royal, the welcome tax is approximately $11,349. Calculate it for your price →
From January to September 2026, compared with the same period in 2025.
Source: Centris® — statistics by municipality and property type, revised on October 1, 2026. Average plex price: duplex to quintuplex.
Restaurant
Opened in 1928 on boulevard Saint-Laurent, Schwartz's has become a benchmark of Montreal smoked meat. Waiting in line at this counter is part of the Plateau experience.
Discover Schwartz's →“When buyers discover the Plateau, I suggest walking along the Main to Schwartz's: you quickly understand why so many people want to live within walking distance of everything.”
Our free guide (in French) explains how to find the best opportunities in el Plateau-Mont-Royal and buy with complete confidence.
“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!”
Mostly duplexes, triplexes and small older buildings, sometimes with a business on the ground floor. The rules on rents and repossessions of dwellings should be factored into your analysis.
In January to September 2026, 122 plexes (from duplexes to quintuplexes) were sold in el Plateau-Mont-Royal, at an average price of $1,211,474 (source: Centris®). The right price for a building depends mostly on its income: always compare the multiplier and the condition of the building.
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.
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.
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.
A free, no-obligation comparative analysis based on recent sales in your area.
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