APCIQ Data · Updated June 22, 2026

Median Plex Price by City on Montreal's North Shore (2026)

Market data by area and indicative estimates by city for income properties of 2 to 5 units. Source: APCIQ via Centris, April 2026 report.

Key figure — APCIQ April 2026

In 2026, the median price of a plex (2 to 5 units) on Montreal's North Shore is approximately $763,500, up 9% year over year, with a median selling time of approximately 25 days (source: APCIQ). In Laval it reaches ~$820,000, and in the Laurentians (Saint-Jérôme area) ~$640,000.

North Shore · Laval · Laurentians · APCIQ Data 2026

$763,500
North Shore median
+9%
Year-over-year increase
~25 days
Median selling time
+14%
Laurentians / St-Jérôme

The plex market on Montreal's North Shore is posting one of the most active dynamics in Quebec in 2026. Two important clarifications are needed before using these figures.

First, APCIQ publishes statistics by geographic area, not by individual municipality. The city-level figures presented below are indicative estimates anchored to sector medians — they serve as benchmarks, but do not constitute validated market prices for a specific city.

Second, and fundamentally: the real value of an income property is not determined by the area median price, but primarily by the income approach (Value = NOI ÷ Cap Rate). Two identical plexes on the same street can differ in value by 15–20% based on their net rental income alone.

Income approach calculation for a revenue property on Montreal's North Shore
A plex's value depends on its net income, not only on the area median price
APCIQ Data — Official Source

Median Price by Area — Quebec 2026

Official APCIQ statistics published via Centris (April 2026 report). Data covers properties of 2 to 5 units.

Geographic area Median plex price 2026 Year-over-year change Median selling time
Province of Quebec$720,000~44 days
Montreal CMA$865,000~45 days
Island of Montreal$900,000
Laval$820,000+7%/yr~52 days
North Shore of Montreal$763,500+9%/yr~25 days
Laurentians / Saint-Jérôme$640,000+14%/yr
South Shore (context)$819,000~34 days

Source: APCIQ via Centris, April 2026 report. Data covers 2-to-5-unit income properties. Year-over-year changes compare April 2026 to April 2025. Median selling times are approximations. This data does not constitute an official property appraisal.

Indicative estimates by city

Prices by city on the North Shore Indicative estimates

APCIQ does not publish medians for small individual cities. These estimates are anchored to sector medians and should be treated as approximate benchmarks only.

City Indicative estimate 2026 Unofficial Reference sector Notes
Terrebonne~$750,000 – $790,000North Shore ($763,500)Active market, short timelines
Mascouche~$740,000 – $780,000North Shore ($763,500)Limited supply, sustained demand
Repentigny~$745,000 – $785,000North Shore ($763,500)Close to Montreal, sustained prices
Blainville~$760,000 – $800,000North Shore ($763,500)Established residential sector
Boisbriand~$750,000 – $785,000North Shore ($763,500)Highway access, mixed plexes
Rosemère~$760,000 – $800,000North Shore ($763,500)Stable residential neighbourhoods
Sainte-Thérèse~$755,000 – $795,000North Shore ($763,500)Downtown core, urban plexes
Saint-Eustache~$740,000 – $775,000North Shore ($763,500)Expanding market
Deux-Montagnes~$720,000 – $760,000North Shore ($763,500)Commuter train corridor
Mirabel~$720,000 – $760,000North Shore ($763,500)Strong population growth
Lorraine / Bois-des-Filion~$750,000 – $785,000North Shore ($763,500)Sought-after residential sectors
Saint-Jérôme~$620,000 – $660,000Laurentians ($640,000)+14%/yr, rapidly rising market
Laval (reference)~$820,000Laval (official APCIQ)Official sector figure

These city-level estimates are indicative and derived from APCIQ sector medians (April 2026 report). They do not constitute official appraisals. Transaction volumes in small cities are often insufficient to produce a statistically reliable median. Consult a certified appraiser or use the income approach to estimate a specific property's value.

Why the income approach takes precedence over the median

An area median price says nothing about a specific property's value. The income approach is the recognized method: Value = Net Operating Income (NOI) ÷ Cap Rate (TGA). A plex with below-market rents may be worth 15–20% less than the median; a well-rented property may exceed it. Use our Plex Assessment tool to estimate value based on your actual income.

What this data means for a seller

The North Shore shows the shortest median selling time observed, at approximately 25 days, compared to 44 days province-wide and 52 days in Laval. This speed is driven by sustained investor demand for yields more accessible than on the Island of Montreal, combined with limited supply in established sectors.

The +9% year-over-year increase is significant, but it does not mean every property gained 9% in value. Well-rented properties with solid net income appreciated more; those with below-market rents or deferred maintenance may have remained flat or even declined in value under the income approach.

To understand your plex's actual value, explore our interactive North Shore plex price map for sector trends, and use the Plex Assessment tool for an estimate based on your real net income. To understand cap rate and GRM metrics, read our guide understanding cap rate and GRM.

North Shore plex price mapVisualize prices by sector on the interactive map.
Plex AssessmentEstimate your property's value based on actual income.
Frequently asked questions

North Shore plex prices: your answers

In 2026, the median price of a plex (2 to 5 units) on Montreal's North Shore is approximately $763,500, according to APCIQ data published via Centris (April 2026 report). The median selling time is approximately 25 days, one of the shortest in the province. By comparison, the provincial median is approximately $720,000 and the Montreal CMA median is approximately $865,000.

Yes. The North Shore shows a year-over-year increase of approximately +9% (source: APCIQ, April 2026 report). The Laurentians (Saint-Jérôme area) are rising even faster, at +14% over the same period. This dynamic reflects sustained demand for income properties in accessible suburban markets.

APCIQ publishes statistics by geographic area, not by individual municipality. In smaller cities, transaction volumes are often insufficient to produce a statistically reliable median. The indicative city-level estimates in this article are anchored to official sector medians and should be treated as approximate benchmarks, not validated market prices.

The area median price is a useful benchmark, but the actual value of an income property is determined primarily by the income approach: Value = Net Operating Income (NOI) ÷ Capitalization Rate (Cap Rate). A plex with below-market rents will be worth less than a comparable well-rented property, regardless of the area median. Use our Plex Assessment tool or the cap rate calculator to get an estimate anchored to your actual net income.

The median selling time on the North Shore is approximately 25 days (source: APCIQ, April 2026 report), making it one of the most active markets in Quebec. This timeline varies by price, property condition, and rental income. Through a direct buyer like ImmoMulti, you can receive a firm offer within 48 hours and close in 30 to 45 days, with no showings or public listing.

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