Québec rental property market
What the official assessment roll says about income properties in Québec. Assessed values reflect market conditions on 2023-07-01 and usually lag current sale prices.
Assessed values by building size
| Building size | Buildings | Dwellings | Median assessed value | Median value per door |
|---|---|---|---|---|
| 12 units and more | 1,985 | 71,393 | $2,800,000 | $126,696 |
| 2 to 5 units (plexes) | 18,771 | 48,586 | $445,000 | $181,500 |
| 6 to 11 units | 3,092 | 21,733 | $875,000 | $127,009 |
Average rents, Québec centre (October 2025) · vacancy 2.4%
| Studio (1½-2½) | 1 bedroom (3½) | 2 bedrooms (4½) | 3 bedrooms + (5½+) |
|---|---|---|---|
| $855 | $1,107 | $1,276 | $1,464 |
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 Québec
On a price of $445,000 (median assessed plex value), Quebec land transfer tax is about $4,786 with the provincial brackets and Québec's own rates above 500 000 $ (see methodology). 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: Québec 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.