Property Prices in Quebec City, Canada

Index Info
Price to Income Ratio: 11.44
Mortgage as Percentage of Income: 106.99%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 45.81
Price to Rent Ratio - Outside of Centre: 17.86
Gross Rental Yield (City Centre): 2.18%
Gross Rental Yield (Outside of Centre): 5.60%
Rent Per Month
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Apartment (1 bedroom) in City Centre 1,266.39 C$ 815.00-1,800.00
Apartment (1 bedroom) Outside of Centre 1,186.67 C$ 950.00-1,695.00
Apartment (3 bedrooms) in City Centre 1,966.67 C$ 1,600.00-2,300.00
Apartment (3 bedrooms) Outside of Centre 1,589.29 C$ 1,200.00-2,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,103.21 C$ 464.51-1,439.99
Price per Square Feet to Buy Apartment Outside of Centre 380.16 C$ 285.86-650.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,488.12 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 7.06 5.90-8.89

These data are based on 157 entries in the past 18 months from 32 different contributors.
Last update: November 2024

Sources and References
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