Canadian Money Guide

Otter Lake rental property market

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

Income buildings (2+ units)
70
Dwellings in the municipality
1,358
Median year built (income buildings)
1986
Same owner for 20+ years
40.0 %

Assessed values by building size

Building sizeBuildingsDwellingsMedian assessed valueMedian value per door
2 to 5 units (plexes)68149$321,350$143,650
6 to 11 units215$714,400$94,208

Average rents, Province of Quebec (October 2025) · vacancy 2.7%

Studio (1½-2½)1 bedroom (3½)2 bedrooms (4½)3 bedrooms + (5½+)
$952$1,094$1,272$1,495

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 Otter Lake

On a price of $320,000 (median assessed plex value), Quebec land transfer tax is about $2,911 with the provincial brackets; Otter Lake 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: Otter Lake 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.