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Buying a plex in Saint-Hyacinthe

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

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 Saint-Hyacinthe 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 glanceSaint-Hyacinthe
Population (2021)57,239
MontrealAbout 50 minutes to an hour by car from downtown Montreal via Highway 20
TransportationHighway 20 · Routes 116, 137 and 235 · Saint-Hyacinthe station, served by VIA Rail
MRCMRC des Maskoutains
Investing in Saint-Hyacinthe

Rental potential in Saint-Hyacinthe

Rental demand is backed by strong drivers: the Cégep de Saint-Hyacinthe, the Faculty of Veterinary Medicine, the ITAQ and the Hôpital Honoré-Mercier attract students and workers. The central neighbourhoods offer a stock of plexes and small apartment buildings, while the commercial arteries are home to businesses and mixed-use buildings. As a regional hub of the MRC des Maskoutains, the city also offers opportunities in commercial and industrial real estate.

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 Saint-Hyacinthe 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 Saint-Hyacinthe

  • 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 Saint-Hyacinthe, the welcome tax is approximately $14,611. Calculate it for your price →

Centris® statistics

The real estate market in Saint-Hyacinthe

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

Single-family

Median price
$504,000 +5.6% vs. 2025
Sales
298 vs. 292 in 2025
Average time to sell
25 days vs. 27 days in 2025

Condo

Median price
$336,500 −0.1% vs. 2025
Sales
98 vs. 130 in 2025
Average time to sell
30 days vs. 33 days in 2025

Plex (2 to 5 units)

Average price
$597,690 +0.2% vs. 2025
Sales
63 vs. 58 in 2025
Average time to sell
28 days vs. 45 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 Saint-Hyacinthe

Jardin Daniel A. Séguin

Garden

In the heart of the agri-food Technopole, this 4.5-hectare garden brings together more than 10,000 plants along 2.5 km of maintained trails. A testing ground linked to the ITAQ, it keeps growing with new spaces, such as the Nostalgia 2 garden designed by ornamental horticulture students.

Discover the Jardin Daniel A. Séguin →

“What I like about Saint-Hyacinthe is that you can go from the downtown public market to the wooded trails of parc Les Salines in the same afternoon.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Buying a property in Saint-Hyacinthe, step by step

Our free guide (in French) explains how to find the best opportunities in Saint-Hyacinthe 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 Saint-Hyacinthe, 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 Saint-Hyacinthe

Why invest in a plex in Saint-Hyacinthe?

The city is home to a cégep, a university faculty, an agri-food institute and a regional hospital, which supports housing demand. Students and workers from the Technopole broaden the pool of potential tenants.

What is the average price of a plex in Saint-Hyacinthe?

From January to September 2026, 63 plexes (from duplexes to quintuplexes) sold in Saint-Hyacinthe, at an average price of $597,690 (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 Saint-Hyacinthe?

For an $800,000 plex, approximately $14,611 according to the City of Saint-Hyacinthe’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 Saint-Hyacinthe?

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

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