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 Sorel-Tracy before you make an offer.
Buying a plex in Sorel-Tracy
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 reviewsThe 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 glanceSorel-Tracy
Population (2021)35,165
Montreal≈ one hour by car from downtown Montreal via Highway 30 and then Highway 20
TransportationHighway 30 · Routes 132 and 133 · Sorel-Tracy–Saint-Ignace-de-Loyola ferry, running year-round to the North Shore
MRCMRC de Pierre-De Saurel
Investing in Sorel-Tracy
Rental potential in Sorel-Tracy
Rental demand is supported by the Cégep de Sorel-Tracy, the Hôtel-Dieu de Sorel and the region's industrial employers. The central neighbourhoods offer a stock of plexes and small apartment buildings, and the commercial arteries are home to shops and mixed-use buildings. As the economic capital of the MRC de Pierre-De Saurel, 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 Sorel-Tracy 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 Sorel-Tracy
- 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 Sorel-Tracy, the welcome tax is approximately $14,611. Calculate it for your price →
Centris® statistics
The real estate market in Sorel-Tracy
From January to September 2026, compared with the same period in 2025.
Single-family
- Median price
- $386,000 +4.3% vs. 2025
- Sales
- 273 vs. 304 in 2025
- Average time to sell
- 39 days vs. 40 days in 2025
Condo
- Median price
- $400,000 +25.4% vs. 2025
- Sales
- 13 vs. 13 in 2025
- Average time to sell
- 30 days vs. 30 days in 2025
Plex (2 to 5 units)
- Average price
- $452,508 +15.2% vs. 2025
- Sales
- 50 vs. 58 in 2025
- Average time to sell
- 39 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.
Our favourite spot in Sorel-Tracy
Biophare
Museum
Located at 6, rue Saint-Pierre, in Parc Regard-sur-le-Fleuve, this museum presents the interactive exhibition Confluence on the natural, cultural and historical heritage of the meeting of the Richelieu and the St. Lawrence. In season, it also offers guided boat excursions through the archipelago of the Lac Saint-Pierre World Biosphere Reserve.
Discover the Biophare →“What impresses me about Sorel-Tracy is that in just a few minutes you go from the Carré Royal, in the heart of downtown, to the canals of the islands of Lac Saint-Pierre.”
Free guide
Buying a property in Sorel-Tracy, step by step
Our free guide (in French) explains how to find the best opportunities in Sorel-Tracy 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
“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!”
Frequently asked questions
Real estate in Sorel-Tracy
Why invest in a plex in Sorel-Tracy?
The city is home to a cégep, a hospital and numerous industrial employers, which supports housing demand. The stock of plexes in the central neighbourhoods offers a number of options, which are assessed based on the condition and leases of each building.
What is the average price of a plex in Sorel-Tracy?
From January to September 2026, 50 plexes (from duplexes to quintuplexes) were sold in Sorel-Tracy, at an average price of $452,508 (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 Sorel-Tracy?
For an $800,000 plex, approximately $14,611 according to the City of Sorel-Tracy’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 Sorel-Tracy?
A free, no-obligation comparative analysis based on recent sales in your area.
Neighbouring areas