Canadian Money Guide

Magog rental property market

What the official assessment roll says about income properties in Magog. Assessed values reflect market conditions on 2023-07-01 and usually lag current sale prices.

Income buildings (2+ units)
1,443
Dwellings in the municipality
16,413
Median year built (income buildings)
1968
Same owner for 20+ years
25.9 %

Assessed values by building size

Building sizeBuildingsDwellingsMedian assessed valueMedian value per door
12 units and more551,279$1,944,500$99,093
2 to 5 units (plexes)1,2413,294$406,000$160,450
6 to 11 units1471,009$989,800$130,912

Average rents, Sherbrooke centre (October 2025) · vacancy 2.7%

Studio (1½-2½)1 bedroom (3½)2 bedrooms (4½)3 bedrooms + (5½+)
$712$905$1,062$1,375

CMHC Rental Market Survey, row and apartment units, rent paid by sitting tenants (asking rents for vacant units are higher).

Buying a typical plex in Magog

On a price of $405,000 (median assessed plex value), Quebec land transfer tax is about $4,186 with the provincial brackets; Magog may apply a higher rate above 500 000 $. The posted 5-year conventional mortgage rate is 6.19 % (2026-10-14).

Analyze a listing · Transfer tax calculator · CMHC and MLI Select loan

Source: Magog property assessment roll 2025 (Quebec open data, Ministère des Affaires municipales et de l'Habitation, Données Québec). Aggregates only; figures are assessed values, not sale prices, and are not an appraisal.