Varennes rental property market
What the official assessment roll says about income properties in Varennes. Assessed values reflect market conditions on 2023-07-01 and usually lag current sale prices.
Assessed values by building size
| Building size | Buildings | Dwellings | Median assessed value | Median value per door |
|---|---|---|---|---|
| 12 units and more | 22 | 754 | $3,721,100 | $158,896 |
| 2 to 5 units (plexes) | 479 | 1,222 | $628,000 | $242,567 |
| 6 to 11 units | 45 | 295 | $979,600 | $157,083 |
Average rents, Montréal centre (October 2025) · vacancy 2.9%
| Studio (1½-2½) | 1 bedroom (3½) | 2 bedrooms (4½) | 3 bedrooms + (5½+) |
|---|---|---|---|
| $1,005 | $1,131 | $1,346 | $1,625 |
CMHC Rental Market Survey, row and apartment units, rent paid by sitting tenants (asking rents for vacant units are higher).
Buying a typical plex in Varennes
On a price of $630,000 (median assessed plex value), Quebec land transfer tax is about $7,561 with the provincial brackets; Varennes may apply a higher rate above 500 000 $. The posted 5-year conventional mortgage rate is 6.19 % (2026-10-14).
Analyze a listing · Transfer tax calculator · CMHC and MLI Select loan
Source: Varennes property assessment roll 2025 (Quebec open data, Ministère des Affaires municipales et de l'Habitation, Données Québec). Aggregates only; figures are assessed values, not sale prices, and are not an appraisal.