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INVESTMENT 2026

Montreal Plex Market 2026: Prices, Returns & Neighbourhoods

Plex sales up 7%, median price at $841,800, and rental yields of 4–6%. The plex segment outperforms in 2026. Complete guide for investors.

📅 February 2026⏱️ 10 min read📊 APCIQ Data

🎯 How much is your plex worth in 2026?

Plexes are up +8% in value. Get a free estimate.

Estimate my plex →

While Montreal’s overall real estate market is down 15% in volume, plexes are the exception with a 7% increase in transactions. This segment attracts investors and owner-occupiers thanks to record rental demand.

📊 Plex Market Overview in 2026

+7%

Increase in plex sales

$841,800

Median price (+8%)

4–6%

Gross rental yield

💰 Prices by Plex Type

$710,000

Median duplex

$900,000

Median triplex

$1,100,000

Median quadruplex+

💡 Strategy: a duplex in Montreal-Nord ($550–650K) offers a better yield than one in the Plateau ($850K+), even if the appreciation potential differs.

🗺️ Best Neighbourhoods to Invest

✅ Best yield

Montreal-Nord (5–6%)

Saint-Leonard (4.5–5.5%)

Mercier (4–5%)

Hochelaga-Maisonneuve (4–5%)

📈 Best appreciation

Rosemont (urban renewal)

Villeray (central proximity)

Verdun (REM project)

Parc-Extension (emerging)

💸 Rental Yields & Strategies

The most popular strategy remains owner-occupier: live in one unit and rent the others.

Duplex example ($710,000, 10% down payment):

🏠 Mortgage: ~$3,200/mo (taxes and insurance included)

💰 2nd unit rent: ~$1,600–1,900/mo

✅ Net cost for owner: ~$1,300–1,600/mo

⚠️ Watch for regulated rents: in Quebec, rent increases are governed by the TAL (Tribunal administratif du logement). With existing plexes, current tenant rents may be below market. Review all leases before buying.

💡 Tips for Buying a Plex in 2026

1. 📊 Verify actual income (not potential)

2. 🏗️ Inspect the structure, roof and plumbing

3. 📝 Read every lease and verify rent compliance

4. 💰 Calculate net yield after taxes, insurance and maintenance

5. 🤝 Work with a broker specializing in income properties

💳 Buyer calculator💵 Seller calculator

Find the ideal plex with the right broker

Free estimate and comparison of plex-specialized brokers.

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