5 units and more · Montreal · Centris 2016-2026
The median sale price of a building with 5 units or more in Montreal, year by year since 2016, the price per unit (a ceiling, the type starts at 5), the ten-year increase, beside the duplex, triplex, quadruplex and median plex. Centris figures, not estimates.
In Montreal, a building with 5 units or more sold for $1,300,000 at the median in 2026 (January to September), on 120 sales, against $724,000 in 2016: +80%. Per unit, that is at most $260,000 (price ÷ 5: the type starts at 5 units, so the real per-unit price is equal or lower). Alongside, same year: duplex $420,000 per unit, triplex $310,667 per unit, quadruplex $271,250 per unit. The median plex of all types is worth $930,000: the 5-unit-and-more building costs 1.4 times that price. Rank 2 of 9 cities tracked for price. Source: Centris (Matrix), compiled October 14, 2026.
The short answer
In Montreal, a building with 5 units or more sold for $1,300,000 at the median in 2026 (January to September), on 120 sales, against $724,000 in 2016: +80%. Per unit, that is at most $260,000 (price ÷ 5: the type starts at 5 units, so the real per-unit price is equal or lower). Alongside, same year: duplex $420,000 per unit, triplex $310,667 per unit, quadruplex $271,250 per unit. The median plex of all types is worth $930,000: the 5-unit-and-more building costs 1.4 times that price. Rank 2 of 9 cities tracked for price.
Median price of a building with 5 units or more, year by year
| Year | 5 units and more, median price | Sales | Per unit (ceiling) | Median plex, all types | Plex sales |
|---|---|---|---|---|---|
| 2016 | $724,000 | 125 | $144,800 | $507,250 | 3,266 |
| 2017 | $765,000 | 136 | $153,000 | $537,000 | 3,393 |
| 2018 | $814,500 | 152 | $162,900 | $575,000 | 3,409 |
| 2019 | $868,500 | 193 | $173,700 | $619,000 | 3,674 |
| 2020 | $1,038,500 | 164 | $207,700 | $715,000 | 3,550 |
| 2021 | $1,111,250 | 194 | $222,250 | $785,000 | 3,978 |
| 2022 | $1,150,000 | 127 | $230,000 | $821,000 | 2,774 |
| 2023 | $1,100,000 | 111 | $220,000 | $790,000 | 2,394 |
| 2024 | $1,184,500 | 128 | $236,900 | $840,000 | 2,867 |
| 2025 | $1,252,500 | 170 | $250,500 | $900,000 | 3,251 |
| 2026 (Jan. to Sep.) | $1,300,000 | 120 | $260,000 | $930,000 | 2,005 |
Closed sales on Centris from 2016 to September 2026, Income property category, "Quintuplex" type (5 units and more): 1,620 sales. A year with fewer than 5 sales is left blank (n/a). Per unit = median price ÷ 5, a ceiling. When a year has few sales, its median swings a lot: read the trend, not a single year.
What ten years of sales say in Montreal
- Ten years of 5-unit-and-more buildings in Montreal: +80% between 2016 and 2026 (January to September) (6.0% a year). Peak $1,300,000 in 2026, low $724,000 in 2016; decline in 2023. Across the 9 cities tracked, the median increase is +93%; Montreal is among the weakest.
- Over the same period, the median plex of all types in Montreal rose +83% and the median single-family house +99%. The 5-unit-and-more building rose faster than the median plex in 4 of 9 cities and faster than the house in 4.
- Per unit, in 2026 (January to September): 5 units and more at most $260,000, against duplex $420,000 (-38% for the 5-unit-and-more building), triplex $310,667 (-16% for the 5-unit-and-more building), quadruplex $271,250 (-4% for the 5-unit-and-more building). The cheapest unit in town is the 5-unit-and-more building's, even counting the ceiling. Across the cities tracked, its per-unit price sits below the duplex's in 9 of 9 cities, below the quadruplex's in 6 of 9.
- Whole price, the 5-unit-and-more building sells at +40% against the median plex of all types ($930,000 in 2026 (January to September), series from plex prices in Montreal) and +72% against the median single-family house ($755,000).
- Sales: 1,620 buildings with 5 units or more sold in Montreal since 2016, 4.7% of the 34,561 plexes sold across all types (median of the cities tracked: 2.4%). Busiest year: 2021 (194 sales); 120 sales from January to September 2026.
- 2019 to 2022, the rock-bottom-rate years: +32% for the 5-unit-and-more building in Montreal.
- 2026 (January to September) versus 2025: +4% ($1,252,500 to $1,300,000).
For whom, and at what price per unit in Montreal
In Montreal, the 5-unit-and-more building is expensive per unit: at most $260,000 per unit, against $159,100 at the median of the 9 cities tracked. You pay for location and higher rents, not for the number of units. The buyer is an investor aiming for appreciation and urban-core rents; the math runs on actual income, and at this price cash flow depends on the down payment. Reminder: 5 units and more is financed like a commercial building, not like an owner-occupied duplex.
How to read these numbers
One median per year for all of Montreal, Centris "Quintuplex" type, meaning 5 units and more. What the page measures: the price the middle building sold for, and how many sold. What it does not measure: the exact number of units in each building, the rents, the condition. The per-unit price is therefore a ceiling (÷ 5). Years with fewer than 5 sales are not published; when 2026 is missing, the reference year is named. The median plex of all types comes from the same database (plex prices in Montreal).
Frequently asked questions
How much does a building with 5 units or more cost in Montreal in 2026?
$1,300,000 at the median for a building with 5 units or more sold in Montreal in 2026 (January to September) (120 sales), or at most $260,000 per unit. The duplex sells for $840,000 the same year.
How much per unit for a 5-unit-and-more building in Montreal?
At most $260,000 per unit (median price ÷ 5). Since the type groups everything with 5 units or more, the real per-unit price is equal or lower. Alongside: duplex $420,000, triplex $310,667, quadruplex $271,250 per unit.
How much did the price rise in ten years?
+80% between 2016 and 2026 (January to September) in Montreal ($724,000 to $1,300,000), against +93% at the median of the 9 cities tracked; the median plex of all types rose +83% over the same period.
How many buildings with 5 units or more sell in Montreal?
Few: 1,620 sales in Montreal since 2016, 4.7% of plex sales. Enough for a median every year, but each year remains sensitive to two or three large buildings.
Source: Centris (Matrix), Statistics module, query run on the night of October 13 to 14, 2026 for the municipality Montreal: Income property category, "Quintuplex" property type (5 units and more), median sale price and number of sales by year over ten years; duplex, triplex and quadruplex, same query run on October 8, 2026; median plex and house, query of September 16, 2026; compiled by the Loaa & Manseur team, aggregates only, current year partial. The five-plex and larger building prices by city hub compares all 9 cities; duplex, triplex and quadruplex prices in Montreal give the three other types and investing in a plex in Montreal the investor's full picture.
Our proof, not our promises
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Published September 7, 2026 by the Loaa & Manseur team, the number 1 team at RE/MAX Platine in 2024 and 2025, 6th RE/MAX team in Quebec, 15th in Canada and in the global top 50 according to the official RE/MAX ranking. Tell us about your project.