The Montreal market, in numbers
The head office of RE/MAX du Cartier, our agency, is in Villeray. We analyze local rents and building sales in Villeray–Saint-Michel–Parc-Extension before you make an offer.
Buying a plex in Villeray–Saint-Michel–Parc-Extension
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 glanceVilleray–Saint-Michel–Parc-Extension
Population (2021)145,090
Montreal≈ 20 minutes from downtown by metro
TransportationOrange and Blue metro lines · Parc station · Highway 40
MRCAgglomération de Montréal
Investing in Villeray–Saint-Michel–Parc-Extension
Rental potential in Villeray–Saint-Michel–Parc-Extension
Population density, the metro and proximity to downtown support strong rental demand. The housing stock is made up mostly of duplexes, triplexes and small multi-unit buildings, with commercial arteries such as rue Jean-Talon and rue Jarry. The rules of the Tribunal administratif du logement must be taken into account in the analysis. Each building deserves a study of its actual income and expenses.
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 Villeray–Saint-Michel–Parc-Extension 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 Villeray–Saint-Michel–Parc-Extension
- 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 Villeray–Saint-Michel–Parc-Extension, the welcome tax is approximately $11,349. Calculate it for your price →
Centris® statistics
The real estate market in Villeray–Saint-Michel–Parc-Extension
From January to September 2026, compared with the same period in 2025.
Single-family
- Median price
- $727,450 +7.0% vs. 2025
- Sales
- 72 vs. 83 in 2025
- Average time to sell
- 34 days vs. 38 days in 2025
Condo
- Median price
- $477,500 +0.5% vs. 2025
- Sales
- 200 vs. 260 in 2025
- Average time to sell
- 35 days vs. 41 days in 2025
Plex (2 to 5 units)
- Average price
- $920,877 +6.0% vs. 2025
- Sales
- 195 vs. 252 in 2025
- Average time to sell
- 45 days vs. 59 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 Villeray–Saint-Michel–Parc-Extension
TOHU
Cultural space
The TOHU is a place for the creation and presentation of circus arts, in the heart of the Cité des arts du cirque. It borders Parc Frédéric-Back, a former landfill transformed into a large urban park.
Discover TOHU →“Parc Frédéric-Back and the TOHU show how a former industrial site can transform a neighbourhood; it's the kind of change buyers in the area like to know about.”
Free guide
Buying a property in Villeray–Saint-Michel–Parc-Extension, step by step
Our free guide (in French) explains how to find the best opportunities in Villeray–Saint-Michel–Parc-Extension 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 Villeray–Saint-Michel–Parc-Extension
What kind of income property is there in Villeray–Saint-Michel–Parc-Extension?
Mostly duplexes, triplexes and small multi-unit buildings. Demand is supported by the borough's density and access to the metro.
What is the average price of a plex in Villeray–Saint-Michel–Parc-Extension?
From January to September 2026, 195 plexes (from duplexes to quintuplexes) were sold in Villeray–Saint-Michel–Parc-Extension, at an average price of $920,877 (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 Villeray–Saint-Michel–Parc-Extension?
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.
How much is your property worth in Villeray–Saint-Michel–Parc-Extension?
A free, no-obligation comparative analysis based on recent sales in your area.
Neighbouring areas