In Q3 2026, 190 plexes of 2 to 5 units were for sale in the Gatineau metropolitan area, 51% more than a year earlier. Sales fell 14% to 88 (QPAREB, Centris data). Plex buyers have more choice than a year ago.
In Q3 2026, the median plex price was $617,500 in the Gatineau CMA, up 2% over one year. A plex sold in 38 days on average (QPAREB).Market figures
Which plexes sell best right now?
In what I see, a plex with below-market rents sells faster. Buyers know they can grow the income over time. A poorly rented or poorly maintained plex stays on the market longer and gets negotiated harder.
I'm also seeing more owner-occupants buying a duplex or a triplex to live in. For them, CMHC mortgage loan insurance allows a lower down payment than for an investor. I cover this in the article on investing in a plex in Gatineau.
What does a plex cost by sector?
Over 12 months, the median plex price was $815,000 in Aylmer (63 sales) and $597,750 in Hull (106 sales, +6%). In the Gatineau sector it was $556,000 (135 sales, -7%), and $538,500 in the Buckingham/Masson-Angers sector (52 sales). For the whole CMA, the 12-month median was $590,000 (QPAREB).
In Q3 2026, QPAREB didn't publish a plex median by sector, because there weren't enough sales. For a specific building, I compare with recent sales of similar buildings.
Does it pay for itself?
It's the question my investors ask me most. The answer depends on the leases in place, the down payment and your rate, not on the sector median. I calculate net income from signed leases, then cash flow after the mortgage.
Vacancy weighs more than before in that math. In October 2025, CMHC measured a 3.8% vacancy rate in the Gatineau area, compared with 1.9% a year earlier. A unit that sits empty for two months is two months of rent gone. See the article on Gatineau's rental market.
Looking at a plex in the Outaouais or thinking about selling yours? I analyze the income in place and the building's market value. Request your plex analysis or contact me for a personalized response, no commitment.
Yanis Gauthier-Sigeris, RE/MAX broker in the Outaouais for over 9 years, specializing in plex and investment properties in Gatineau, Hull and Aylmer. Over 300 transactions.
FAQ
Is now a good time to buy a plex in Gatineau?
With 51% more plexes for sale than a year ago, buyers have more choice and more time to analyze. That doesn't make every building a good deal. I look at the leases, the expenses and the condition of the building first.
How do you evaluate a plex's profitability?
I start with the gross rent multiplier to compare, then calculate the cap rate from net income. Cash flow comes last, after the mortgage.
What price should I pay for a plex in Gatineau?
The median price was $617,500 in Q3 2026 in the CMA, according to QPAREB. The right price depends on the sector, the rents in place and the condition of the building.
Can you find a plex under $500,000?
It's less common. The lowest 12-month median was $538,500, in the Buckingham and Masson-Angers sector. Below that, I compare recent sales before any offer.