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Buying a plex in Mercier–Hochelaga-Maisonneuve

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 Hochelaga, then in the Plateau-Mont-Royal.

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

The Montreal market, in numbers

Jasmin lived in Hochelaga, then in the Plateau-Mont-Royal. RE/MAX du Cartier, our agency, also has an office in Hochelaga, on rue Ontario. We analyze rents in the area and building sales in Mercier–Hochelaga-Maisonneuve 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 glanceMercier–Hochelaga-Maisonneuve
Population (2021)140,627
Montreal≈ 15 to 25 minutes from downtown by metro
TransportationMetro Green Line · Highway 25 and the Louis-Hippolyte-La Fontaine tunnel · Rue Notre-Dame and rue Sherbrooke
MRCAgglomération de Montréal
Investing in Mercier–Hochelaga-Maisonneuve

Rental potential in Mercier–Hochelaga-Maisonneuve

The Green Line, the nearby Hôpital Maisonneuve-Rosemont and the proximity of the port support rental demand. The housing stock is made up mostly of plexes and small buildings, with commercial arteries such as promenade Ontario. The rules of the Tribunal administratif du logement govern rents and must be factored into the analysis. Each building requires a study of its actual income and expenses.

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 Mercier–Hochelaga-Maisonneuve 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 Mercier–Hochelaga-Maisonneuve

  • 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 Mercier–Hochelaga-Maisonneuve, the welcome tax is approximately $11,349. Calculate it for your price →

Centris® statistics

The real estate market in Mercier–Hochelaga-Maisonneuve

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

Single-family

Median price
$627,750 +0.4% vs. 2025
Sales
105 vs. 145 in 2025
Average time to sell
35 days vs. 35 days in 2025

Condo

Median price
$425,000 +2.4% vs. 2025
Sales
503 vs. 578 in 2025
Average time to sell
41 days vs. 34 days in 2025

Plex (2 to 5 units)

Average price
$861,510 +4.4% vs. 2025
Sales
279 vs. 308 in 2025
Average time to sell
50 days vs. 47 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 Mercier–Hochelaga-Maisonneuve

Château Dufresne (Dufresne-Nincheri Museum)

Museum

Built between 1915 and 1918 for brothers Oscar and Marius Dufresne, prominent figures in the former city of Maisonneuve, this Beaux-Arts mansion now houses a museum. Visitors can discover the family's history and the work of artist Guido Nincheri.

Discover the Château Dufresne (Musée Dufresne-Nincheri) →

“The Château Dufresne is a reminder that Maisonneuve wanted to rival Montreal; when I show the area, this building helps people understand the architectural richness of its streets.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Buying a property in Mercier–Hochelaga-Maisonneuve, step by step

Our free guide (in French) explains how to find the best opportunities in Mercier–Hochelaga-Maisonneuve 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 Mercier–Hochelaga-Maisonneuve, 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 Mercier–Hochelaga-Maisonneuve

What kind of income property is there in Mercier–Hochelaga-Maisonneuve?

Mostly duplexes, triplexes and small multi-unit buildings, as well as street-level commercial spaces. A case-by-case analysis of current rents and the condition of the building is essential.

What is the average price of a plex in Mercier–Hochelaga-Maisonneuve?

From January to September 2026, 279 plexes (from duplexes to quintuplexes) were sold in Mercier–Hochelaga-Maisonneuve, at an average price of $861,510 (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 Mercier–Hochelaga-Maisonneuve?

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 Mercier–Hochelaga-Maisonneuve?

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

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