Duplex, triplex or multi-family building: we go over the leases and the numbers with you before you make an offer to purchase.
Jasmin has lived in the Plateau-Mont-Royal, Hochelaga, the Village and near Parc Angrignon.
Jasmin has lived in the Plateau-Mont-Royal, Hochelaga, the Village and near Parc Angrignon. The head office of RE/MAX du Cartier, our agency, is in Villeray, and the agency also has offices in the Plateau, Outremont, Mont-Royal and Hochelaga. We analyze rents in the area and sales of buildings in Montréal 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?
With training in finance and marketing from HEC Montréal, Jasmin helps you evaluate a building as a business project.
Rental demand remains strong in Montreal, driven by the universities, the hospitals, downtown and population growth. Plexes in the central neighbourhoods and the east end of the island attract investors, and mixed-use buildings on commercial arteries offer other opportunities. Each purchase is judged on actual income, the condition of the building and sales in the area.
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 Montréal 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 Montréal, the welcome tax is approximately $11,349. Calculate it for your price →
From January to September 2026, compared with the same period in 2025. Figures for all of Agglomération de Montréal.
Source: Centris® — statistics by municipality and property type, revised on October 1, 2026. Average plex price: duplex to quintuplex.
Nature
Designed by Frederick Law Olmsted and opened in 1876, Parc du Mont-Royal overlooks downtown. From the Kondiaronk lookout, the view of the city and the river explains on its own why Montrealers are so attached to their mountain.
Discover Mount Royal Park →“I lived in the Plateau, Hochelaga and the Village, and Mount Royal has always been my reference point: from the Kondiaronk Belvedere, I show my clients the whole city at a glance, and each of them quickly spots the neighbourhood that suits them.”
Our free guide (in French) explains how to find the best opportunities in Montréal 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!”
Central neighbourhoods such as Rosemont, Villeray, the Plateau or Verdun have many plexes, but prices are high. The east end of the island and some northern sectors have lower entry prices. In every case, the gross income multiplier and the condition of the building are compared with sales in the sector.
In January to September 2026, 2,045 plexes (from duplexes to quintuplexes) were sold across the Montréal agglomeration, at an average price of $965,633 (source: Centris®). The right price for a building depends above all 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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