Quebec City's vacancy rate rose to 2.8% and average rent to C$1,261, per CMHC's October 2025 survey. Quebec's welcome tax is set municipally, and Ville de Québec's own bracket schedule differs from both the province's base schedule and Montreal's — a distinction this page's cap rate math has to reflect on its own terms, not Montreal's.
Quebec City's rental market
The CMHC October 2025 Rental Market Survey reports the Québec CMA's purpose-built private-apartment vacancy rate at 2.8% as of October 2025 (up from 1.8% a year earlier), with average rent across all bedroom types at C$1,261 (up from C$1,143) — one of the largest year-over-year rent increases CMHC recorded across the cities in this series. For 2-bedroom units specifically, Statistics Canada's experimental rent table recorded an average asking rent of C$1,460 against an average paid rent of C$1,230 in the Québec CMA as of April 2026.
Quebec has no fixed annual rent-increase percentage like Ontario, BC or Manitoba. Instead, the Tribunal administratif du logement (TAL) confirms that a new rent-fixing calculation method took effect for lease-modification notices given on or after January 1, 2026, with the prior method still governing notices sent before that date. A landlord proposes an increase and a tenant may contest it at the TAL, which then applies this calculation grid — there is no published hard percentage ceiling to cite here, and no specific 2026 rate figure could be confirmed from TAL's primary materials for this page.
Quebec City's own welcome-tax brackets — not the provincial base, not Montreal's
Quebec's provincial welcome-tax rules set a base schedule but let municipalities raise the rate above C$500,000 (up to a 3% ceiling, except Montreal, which may go higher). Ville de Québec sets its own bracket schedule under that authority, and it is a different table from Montreal's — using it correctly for this city means using Quebec City's own brackets, not the provincial minimum or Montreal's higher upper bands.
| Bracket | Rate |
|---|---|
| Up to C$62,900 | 0.5% |
| C$62,900 – C$315,000 | 1.0% |
| C$315,000 – C$500,000 | 1.5% |
| C$500,000 – C$750,000 | 2.5% |
| Above C$750,000 | 3.0% |
Ville de Québec, droits sur mutation immobilière, 2026 tax year.
Short-term rental registration in Quebec — the principal-residence fee only
Quebec requires short-term rental hosts to hold a registration certificate through CITQ, valid for 12 months. The 2026 fee for the "résidence principale" (principal-residence) category is C$54. That figure only covers a host renting out their own principal residence — the registry does not have a verified fee for a dedicated, non-principal-residence rental property in Quebec, which is the more relevant category for a pure investment purchase, so no figure for that category is published here.
Methodology
Vacancy and average-rent figures are CMHC's October 2025 Rental Market Survey (purpose-built private apartments, Québec CMA total, all bedroom types; CMHC's own row label reads "Québec CMAs"). Asking-versus-paid rent is Statistics Canada's experimental table 46-10-0092-01 for 2-bedroom apartments, April 2026. Welcome tax uses Ville de Québec's own 2026 bracket schedule, not the provincial minimum or Montreal's schedule. The C$400,000 worked-example price is illustrative, chosen to sit inside three of Quebec City's five brackets.
Sources
- CMHC — Rental Market Survey Data Tables, Québec 2025 — accessed 2026-09-21
- Statistics Canada — Table 46-10-0092-01, asking and paid rent — accessed 2026-09-21
- Tribunal administratif du logement — Diffusion des pourcentages 2026 — accessed 2026-09-21
- Gouvernement du Québec — Droits sur les mutations immobilières — accessed 2026-09-21
- Ville de Québec — Droits sur mutation immobilière — accessed 2026-09-21
- CITQ — Droits payables aux fins d'enregistrement — accessed 2026-09-21