Quebec City, Canada
Property prices · 2024 · Americas
Property price trend in Quebec City (2024–2026)
Property comparison — cities in Canada (2024)
| City | Centre /sqm | Outside /sqm | 1-Bed Rent | vs Quebec City |
|---|---|---|---|---|
| Quebec City | CAD 3,500 | CAD 2,300 | CAD 1,100 | — |
| Vancouver | CAD 14,500 | CAD 9,500 | CAD 2,800 | +314.3% |
| Toronto | CAD 12,500 | CAD 8,200 | CAD 2,500 | +257.1% |
| Montreal | CAD 6,800 | CAD 4,500 | CAD 1,800 | +94.3% |
| Ottawa | CAD 5,800 | CAD 3,800 | CAD 1,800 | +65.7% |
| Calgary | CAD 5,200 | CAD 3,400 | CAD 1,900 | +48.6% |
| Edmonton | CAD 3,800 | CAD 2,500 | CAD 1,400 | +8.6% |
Other Americas cities (2024)
Frequently asked questions
How much does property cost in Quebec City in 2024?
In Quebec City, the average price per sqm in the city centre is CAD 3,500, and CAD 2,300 outside the centre (2024 data). Prices have risen 6.3% since 2024.
How much is rent in Quebec City in 2024?
A 1-bedroom apartment in Quebec City rents for approximately CAD 1,100 per month in 2024. A 3-bedroom apartment costs around CAD 1,800/month.
Is it better to buy or rent in Quebec City?
Buying may offer better long-term value in Quebec City. The price-to-rent ratio is 14.0x — it would take approximately 14.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 5.30%.
What are mortgage rates in Canada in 2024?
The average mortgage rate in Canada is approximately 5.30% as of 2024. With a price-to-rent ratio of 14.0x, buyers should carefully weigh mortgage costs against rental savings.
What is the price per sqm in Quebec City?
The average property price per square metre in Quebec City city centre is CAD 3,500 in 2024. Outside the centre, expect to pay around CAD 2,300/sqm.