Property Prices in Quebec City, Canada

Index Info
Price to Income Ratio: 9.91
Mortgage as Percentage of Income: 87.39%
Loan Affordability Index: 1.14
Price to Rent Ratio - City Centre: 52.10
Price to Rent Ratio - Outside of Centre: 18.23
Gross Rental Yield (City Centre): 1.92%
Gross Rental Yield (Outside of Centre): 5.49%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 1,055.50 C$ 800.00-1,400.00
Apartment (1 bedroom) Outside of Centre 864.67 C$ 650.00-1,090.00
Apartment (3 bedrooms) in City Centre 1,784.38 C$ 1,300.00-2,285.00
Apartment (3 bedrooms) Outside of Centre 1,369.23 C$ 1,200.00-1,750.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,084.08 C$ 961.54-1,175.21
Price per Square Feet to Buy Apartment Outside of Centre 302.18 C$ 232.26-362.32
Salaries And Financing
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Average Monthly Net Salary (After Tax) 3,765.24 C$
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 6.32 2.20-8.75

These data are based on 163 entries in the past 18 months from 30 different contributors.
Last update: March 2023

Sources and References
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