Property Prices in Quebec City, Canada

Index Info
Price to Income Ratio: 11.24
Mortgage as Percentage of Income: 103.53%
Loan Affordability Index: 0.97
Price to Rent Ratio - City Centre: 48.87
Price to Rent Ratio - Outside of Centre: 22.86
Gross Rental Yield (City Centre): 2.05%
Gross Rental Yield (Outside of Centre): 4.38%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,210.21 C$ 800.00-1,700.00
Apartment (1 bedroom) Outside of Centre 1,135.00 C$ 850.00-1,400.00
Apartment (3 bedrooms) in City Centre 2,019.23 C$ 1,600.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,571.43 C$ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Meter to Buy Apartment in City Centre 12,479.14 C$ 5,000.00-15,500.00
Price per Square Meter to Buy Apartment Outside of Centre 5,071.88 C$ 4,000.00-8,000.00
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,903.60 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.87 4.45-8.89

These data are based on 146 entries from 31 contributors over the past 18 months.
Last update: April 2025

Sources and References
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