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Buying a plex in Sainte-Catherine

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 Sainte-Catherine

Annie and Jasmin each have more than 10 years of real estate experience. We know the streets where plexes rent well in Sainte-Catherine, 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 glanceSainte-Catherine
Population (2021)17,347
Montreal≈ 25 minutes from downtown by car via the Honoré-Mercier Bridge
Transportationexo Sainte-Catherine station · Highway 30 · Route 132
MRCMRC de Roussillon
Investing in Sainte-Catherine

Rental potential in Sainte-Catherine

Rental demand is supported by proximity to the Honoré-Mercier Bridge, the Sainte-Catherine station and Highway 30. The rental stock includes plexes as well as condo and apartment buildings. The Route 132 commercial corridor offers opportunities in the retail and services sector. Returns vary widely from one building to another and should be analyzed case by case.

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 Sainte-Catherine 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 Sainte-Catherine

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

Centris® statistics

The real estate market in Sainte-Catherine

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

Single-family

Median price
$575,000 +4.5% vs. 2025
Sales
115 vs. 117 in 2025
Average time to sell
30 days vs. 28 days in 2025

Condo

Median price
$362,500 +2.1% vs. 2025
Sales
49 vs. 50 in 2025
Average time to sell
40 days vs. 21 days in 2025

Plex (2 to 5 units)

Average price
$935,543 +24.6% vs. 2025
Sales
7 vs. 7 in 2025
Average time to sell
37 days vs. 117 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 Sainte-Catherine

RécréoParc

Riverside park

Along roughly two kilometres of tree-lined shores, the RécréoParc offers a beach, paved bike and walking paths, kayaking and winter activities, with a view of the Lachine Rapids. There you can watch up close as ships pass through the Seaway lock.

Discover the RécréoParc →

“For me, the RécréoParc sums up Sainte-Catherine well: a residential city where the river and the Seaway are part of everyday life.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Buying a property in Sainte-Catherine, step by step

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

What drives demand for a building in Sainte-Catherine?

Access to the Honoré-Mercier Bridge, Highway 30 and the station, as well as the businesses along Route 132. The waterfront setting also attracts tenants who love the outdoors.

What is the average price of a plex in Sainte-Catherine?

January to September 2026, 7 plexes (from duplexes to quintuplexes) sold in Sainte-Catherine, at an average price of $935,543 (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 Sainte-Catherine?

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

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

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