Plex · Investing · Montreal · 2026
The plex in Montreal in 2026, figure by figure: what it costs, what each door is worth, how fast it sells, what down payment it takes, and what the median does not say. Centris sales, nothing estimated.
In Montreal, the median plex sold for $930,000 from January to September 2026, against $507,250 in 2016 (+83%) and $785,000 in 2021 (+18%); the single-family house gained +99% over the same period. It sells in 26 days in median, against 20 days for the house, and at 97% of the asking price: the plex buyer still negotiates 3%. Per unit, the duplex comes to $420,000, the triplex comes to $310,667, the quadruplex comes to $271,250: the cheapest door is the quadruplex's, 64% below the median house ($755,000). 2,005 plexes changed hands in nine months for $2.34B. Source: Centris (Matrix), compiled October 13, 2026.
The short answer
In Montreal, the median plex sold for $930,000 from January to September 2026, against $507,250 in 2016 (+83%) and $785,000 in 2021 (+18%); the single-family house gained +99% over the same period. It sells in 26 days in median, against 20 days for the house, and at 97% of the asking price: the plex buyer still negotiates 3%. Per unit, the duplex comes to $420,000, the triplex comes to $310,667, the quadruplex comes to $271,250: the cheapest door is the quadruplex's, 64% below the median house ($755,000). 2,005 plexes changed hands in nine months for $2.34B.
The plex in Montreal in 2026, in one table
| Indicator (Montreal) | 2016 | 2021 | 2025 | 2026 (Jan. to Sept.) |
|---|---|---|---|---|
| Median price, plex (all sizes) | $507,250 | $785,000 | $900,000 | $930,000 |
| Average price, plex | $589,032 | $887,577 | $1,024,910 | $1,050,350 |
| Plex sales | 3,266 | 3,978 | 3,251 | 2,005 |
| Median days on market | 51 days | 27 days | 26 days | 26 days |
| Sold price over asking price | 96% | 99% | 98% | 97% |
| Dollar volume sold | $1.92B | $3.53B | $3.33B | $2.34B |
| Median single-family house, for comparison | $380,000 | $633,500 | $721,750 | $755,000 |
Income property category (duplex, triplex, quadruplex and up) and Single-family category for the municipality of Montreal, Centris (Matrix); 2026 = January to September.
Three readings. The plex gained 83% in ten years, less than the house (99%), because its price is held by rents and not by the buyer's emotion. Over five years, +18% for the plex against +19% for the house. It sells more slowly than the house (26 days against 20 days): the plex buyer runs the numbers before offering. In 2016, it took 51 days. The only decline in ten years is 2023, the year of 5% rates, and the 2026 price is the highest of the series.
Duplex, triplex or quadruplex: the price of the door
| Type (Montreal, Jan. to Sept. 2026) | Median price | Price per unit | Sales | Since 2016 | Since 2021 |
|---|---|---|---|---|---|
| Duplex | $840,000 | $420,000 | 1,006 | +85% | +20% |
| Triplex | $932,000 | $310,667 | 641 | +81% | +19% |
| Quadruplex | $1,085,000 | $271,250 | 277 | +77% | +23% |
The duplex makes 55% of plex sales in Montreal and costs 11% more than the median house: it is the building of the first-time buyer who wants a rent to help with the mortgage. Going from the duplex to the triplex adds $92,000 (+11%), from the triplex to the quadruplex $153,000 more, and the door goes from $420,000 to $271,250. The year-by-year detail is in duplex, triplex and quadruplex prices in Montreal since 2016.
What the ranking says in Montreal
- Montreal ranks 21 out of 23 cities for the price of the cheapest door ($271,250, the quadruplex); the median of cities is $171,250. It is one of the most expensive doors among the cities tracked.
- Across the 23 cities tracked, the plex rose faster than the house in 8 cities over ten years (medians: plex +116%, house +133%); it sells more slowly than the house in 16 cities, and below asking in 21.
- The quadruplex offers the cheapest door in 14 of the 19 cities where it is published; the cheapest door is below the median house price in 23 cities out of 23.
- There are 7.7 months of plex inventory in Montreal against 5.0 for the house: the plex is chosen, the house is fought over. And 39% of plexes listed in 2026 left the market unsold, against 30% of houses: the overpriced listing does not sell, even here.
- By price range, over the past twelve months, the fastest plex in Montreal is the one $750,000 to $1M (20 days), the slowest the one $300,000 to $500,000 (37 days).
Financing a plex in Montreal
- Owner-occupant of a duplex: insured loan, minimum down payment of 5% on the first $500,000 and 10% on the remainder, or $59,000 on the median duplex in Montreal ($840,000); the second unit's rent counts in part toward your borrowing capacity.
- Owner-occupant of a triplex or quadruplex: 10% minimum, or $93,200 on the median triplex and $108,500 on the median quadruplex, insured loan possible under the $1.5 million cap.
- Non-occupant: 20% minimum, or $186,000 on the median plex and $168,000 on the duplex, and the lender only counts a fraction of the rents (often 50 to 80%) to qualify the loan.
- Five units and more: commercial loan, assessed on the building's net income rather than on your income.
- The costs: the welcome tax in Montreal is calculated on the full price, and the inspection of an old building is worth its price. First-time buyer: the FHSA, the HBP and the Quebec credit apply to a plex you live in, see first-time home buyer in Montreal.
What the median does not say
A plex is worth what its leases allow you to pay, and the Montreal median says nothing about the leases of a particular building. At the median price, fully rented at market rent and financed at 80%, a plex rarely pays for itself in 2026: it is bought for the capital repaid by tenants, the appreciation and, often, the owner's own unit. Before offering, read the actual leases and their dates, the history at the Tribunal administratif du logement and the income proven by statements. The checklist is in how to choose a good rental property and the owner's rules in the Quebec rental property owner's guide.
How to read these figures
Days on market is the number of days between listing and the accepted offer, in median. The sold-to-asking ratio compares the sale price with the last listed price: below 100%, the buyer negotiated. Down payments are calculated on the Montreal medians with the mortgage insurers' rules in force in 2026, to be confirmed with your mortgage broker; the insurance premium is added to the loan.
Frequently asked questions
How much does a plex cost in Montreal in 2026?
$930,000 in median for all plexes sold in Montreal from January to September 2026 (Centris, Matrix); $840,000 for a duplex, $932,000 for a triplex, $1,085,000 for a quadruplex. The average price is $1,050,350.
Does a plex sell faster than a house in Montreal?
No: 26 days in median for the plex against 20 days for the house in 2026. Across the 23 cities tracked, the plex is slower than the house in 16 cities.
What down payment for a plex in Montreal?
$59,000 at minimum on the median duplex if you live in it (5% up to $500,000, 10% beyond), $93,200 on the median triplex (10%); $186,000 (20%) on the median plex if you do not live in it. To be confirmed with your mortgage broker.
Which type of plex costs the least per unit in Montreal?
The quadruplex: $271,250 per unit in Montreal in 2026, against $420,000 for the duplex. Each additional unit costs less, but also has to be managed; the quadruplex offers the cheapest door in 14 of the 19 cities where it is published.
Sources: Centris (Matrix), Statistics module, September and October 2026 queries for the municipality of Montreal, Income property category (median and average price, sales, volume, median days, sold-to-asking ratio, duplex, triplex and quadruplex types, inventory, expired listings) and Single-family category; compiled by the Loaa & Manseur team on October 13, 2026, aggregates only. Financing rules: mortgage insurers and lenders, to be confirmed with your mortgage broker. The investing in a plex in Quebec, 23 cities hub compares the 23 cities.
Our other plex series in Montreal, from the same Centris listings:
- Plex prices in Montreal, ten years
- Plex days on market in Montreal, ten years
- Plex sales volume in Montreal, ten years
Each series is recalculated from actual sales, aggregates only.
And what a plex really earns in Montreal:
Cap rate, cash flow and owner-occupant cost at the median price and the median rent, same Centris listings, team assumptions.
Our proof, not our promises
The Loaa & Manseur team, led by Lotfi Manseur and Loaa Al Daow, is 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 of large residential teams according to the official RE/MAX ranking, computed on actual transactions. Its Google profile counts more than 220 reviews with a 4.9 rating. Its offices are at 55 avenue de l'Équinoxe in Brossard, one bridge from the island, and every broker's licence can be checked in the OACIQ public register. Three things to verify yourself before calling us, and to demand of any other broker.
Also available in French: version française de ce guide.
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.