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View of el Plateau-Mont-Royal

Selling a plex in el Plateau-Mont-Royal

A price backed by income and comparable sales, and specific investor buyers.

Jasmin lived in el Plateau-Mont-Royal and then in Hochelaga.

Annie Payant & Jasmin MorinReal estate brokers · RE/MAX du Cartier
5.0 · 113 Google reviews

The Montreal market, in numbers

Jasmin lived in el Plateau-Mont-Royal and then in Hochelaga. RE/MAX du Cartier, our agency, also has an office on the Plateau. We compare your building with plexes recently sold in el Plateau-Mont-Royal and the surrounding area, backed by the rental income.

A value backed by income

Gross income multiplier, net income and comparable sales: your price holds up in front of an investor buyer.

A complete file

Contracts, expenses and work gathered together from the start: serious buyers make an offer faster, with fewer conditions.

Showings that respect your tenants

We schedule showings with the required notice and screen buyers to limit disruption.

At a glanceLe Plateau-Mont-Royal
Population (2021)105,813
Montreal≈ 10 minutes from downtown by metro
TransportationSherbrooke, Mont-Royal and Laurier stations · Réseau express vélo · Boulevard Saint-Laurent and rue Saint-Denis
MRCAgglomération de Montréal
Selling an income property

How the value of a plex is determined in el Plateau-Mont-Royal

A plex buyer looks at the numbers first. We combine the gross income multiplier, net income, price per door and sales of similar buildings in el Plateau-Mont-Royal and the surrounding area, then adjust for the building's condition and the potential for rental income.

The documents to prepare

  • Current contracts and renewal notices.
  • The list of rents, included services and vacant units.
  • Municipal and school tax bills.
  • Insurance premiums and energy bills.
  • The work that has been done: invoices, permits and warranties.
  • The certificate of location.

Selling with tenants

Leases stay with the building: the buyer takes them over as they are. To show a unit, the tenant must be given 24 hours' notice; we group showings together to limit the disruption.

Centris® statistics

The real estate market in Le Plateau-Mont-Royal

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

Single-family

Median price
$1,422,500 +0.9% vs. 2025
Sales
62 vs. 54 in 2025
Average time to sell
41 days vs. 44 days in 2025

Condo

Median price
$590,000 +1.4% vs. 2025
Sales
525 vs. 565 in 2025
Average time to sell
41 days vs. 40 days in 2025

Plex (2 to 5 units)

Average price
$1,211,474 −2.1% vs. 2025
Sales
122 vs. 120 in 2025
Average time to sell
58 days vs. 81 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 el Plateau-Mont-Royal

Schwartz's

Restaurant

Opened in 1928 on boulevard Saint-Laurent, Schwartz's has become a benchmark of Montreal smoked meat. Waiting in line at this counter is part of the Plateau experience.

Discover Schwartz's →

“When buyers discover the Plateau, I suggest walking along the Main to Schwartz's: you quickly understand why so many people want to live within walking distance of everything.”

Jasmin MorinResidential and commercial real estate broker
Free guide

Selling a property in el Plateau-Mont-Royal, step by step

Our free guide (in French) explains how to get the most out of your property in el Plateau-Mont-Royal and sell with complete confidence.

Part 1

How to prepare well

Part 2

The steps to selling your property

Part 3

The steps that follow the offer to purchase

Get the seller's guide

Seller's guide: how to price your property in el Plateau-Mont-Royal, by 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 el Plateau-Mont-Royal

Can you sell a plex with tenants in el Plateau-Mont-Royal?

Yes. Leases go with the building: the buyer takes them over as they stand. To show a unit, the owner must give the tenant 24 hours' notice, and we group showings together to limit the inconvenience.

How is the value of a plex determined in el Plateau-Mont-Royal?

We combine the gross income multiplier, net income, price per door and sales of similar buildings in el Plateau-Mont-Royal and the surrounding area, then adjust for the condition of the building and the potential of the rents.

What is the average price of a plex in el Plateau-Mont-Royal?

In January to September 2026, 122 plexes (from duplexes to quintuplexes) were sold in el Plateau-Mont-Royal, at an average price of $1,211,474 (source: Centris®). The right price for a building depends mostly on its income: always compare the multiplier and the condition of the building.

How do you prepare a plex for sale?

Tidy up the exterior and common areas, take care of small repairs, and make the most of a vacant home to show it off in the photos. Gather the contracts, expenses and invoices for any work done: a complete file speeds up the sale.

What documents should you prepare to sell a plex?

Current leases and renewal notices, the list of rentals and vacant units, tax bills, insurance premiums, energy bills, work completed and the certificate of location.

How much is your property worth in el Plateau-Mont-Royal?

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

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