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Buying a plex in Saint-Jean-sur-Richelieu

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 Saint-Jean-sur-Richelieu

Annie and Jasmin each have more than 10 years of real estate experience. We know the streets where plexes rent well in Saint-Jean-sur-Richelieu, 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 glanceSaint-Jean-sur-Richelieu
Population (2021)97,873
Montreal≈ 40 to 45 minutes from downtown by car
TransportationHighway 35 · Routes 104, 133, 219 and 223 · Express buses to the REM stations
MRCMRC du Haut-Richelieu
Investing in Saint-Jean-sur-Richelieu

Rental potential in Saint-Jean-sur-Richelieu

Rental demand is supported by several drivers: the cégep, the Collège militaire royal, the garrison, the Hôpital du Haut-Richelieu and a diversified manufacturing sector. The rental stock includes many plexes, especially in the older sectors, as well as multi-unit buildings and condos. Commercial arteries such as Route 223 and the downtown core also offer commercial opportunities.

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-Jean-sur-Richelieu 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-Jean-sur-Richelieu

  • 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-Jean-sur-Richelieu, the welcome tax is approximately $14,611. Calculate it for your price →

Centris® statistics

The real estate market in Saint-Jean-sur-Richelieu

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

Single-family

Median price
$583,500 +5.1% vs. 2025
Sales
672 vs. 725 in 2025
Average time to sell
35 days vs. 39 days in 2025

Condo

Median price
$377,500 +4.9% vs. 2025
Sales
159 vs. 182 in 2025
Average time to sell
28 days vs. 32 days in 2025

Plex (2 to 5 units)

Average price
$685,246 +11.8% vs. 2025
Sales
66 vs. 89 in 2025
Average time to sell
49 days vs. 76 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-Jean-sur-Richelieu

Musée du Fort Saint-Jean

Museum

Set on the grounds of the Collège militaire royal, on the banks of the Richelieu, the museum recounts more than 350 years of military occupation. Uniforms, weapons and scale models help you understand the river's strategic role in the country's history.

Discover the Musée du Fort Saint-Jean →

“The Fort Saint-Jean site is a reminder that the city has lived to the rhythm of the Richelieu for more than three centuries; the river still sets the tone for several of its neighbourhoods.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Buying a property in Saint-Jean-sur-Richelieu, step by step

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

What drives rental demand in Saint-Jean-sur-Richelieu?

The cégep, the Collège militaire royal, the garrison and the hospital attract students, military personnel and workers. The plex housing stock in the older areas meets a good part of this demand.

What is the average price of a plex in Saint-Jean-sur-Richelieu?

From January to September 2026, 66 plexes (from duplexes to quintuplexes) were sold in Saint-Jean-sur-Richelieu, at an average price of $685,246 (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-Jean-sur-Richelieu?

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

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

Neighbouring areas

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