Property Prices in Quebec City, Canada

Index Info
Price to Income Ratio: 4.62
Mortgage as Percentage of Income: 31.03%
Loan Affordability Index: 3.22
Price to Rent Ratio - City Centre: 16.12
Price to Rent Ratio - Outside of Centre: 21.94
Gross Rental Yield (City Centre): 6.21%
Gross Rental Yield (Outside of Centre): 4.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 859.72 C$ 700.00-1,000.00
Apartment (1 bedroom) Outside of Centre 673.53 C$ 600.00-800.00
Apartment (3 bedrooms) in City Centre 1,418.75 C$ 1,200.00-1,900.00
Apartment (3 bedrooms) Outside of Centre 1,065.00 C$ 900.00-1,200.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 270.32 C$ 232.26-300.00
Price per Square Feet to Buy Apartment Outside of Centre 283.20 C$ 190.00-380.90
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,225.92 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 3.11 2.00-3.95

These data are based on 155 entries in the past 18 months from 28 different contributors.
Last update: July 2021

Sources and References
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