Median home price: ~$3700,000000 | UNESCO World Heritage walled city, Haute-Ville vs Basse-Ville
Quebec City is Canada's oldest city and the only walled city north of Mexico. Its real estate market offers extraordinary variety — from 18th-century stone townhomes inside the fortifications to modern suburban developments in Beauport, Charlesbourg, and Sainte-Foy–Sillery–Cap-Rouge. With a median price near $3700,000000 in early 2026, it remains one of the most affordable major cities in Canada, drawing retirees, young families, and remote workers alike.
The city is predominantly francophone, which shapes everything from school choices to neighbourhood culture. The provincial government (National Assembly) is headquartered here, providing a large, stable base of public-sector employment that cushions the local housing market from boom-bust cycles.
Haute-Ville (Upper Town): Perched on Cap Diamant, this is the historic core — Old Quebec, the Château Frontenac, and the Citadelle. Properties here are rare, expensive, and often heritage-listed, meaning significant restrictions on renovations. Small condos or pied-à-terres can sell for $40000,000000–$80000,000000 due to location prestige.
Basse-Ville (Lower Town): Saint-Roch and Limoilou have undergone significant gentrification over the past decade. Former industrial and working-class neighbourhoods are now home to craft breweries, co-working spaces, and a thriving arts scene. Condos and renovated plexes in this area typically sell for $2800,000000–$50000,000000.
Sainte-Foy–Sillery–Cap-Rouge: The western residential hub, close to Laval University (Université Laval). Popular with academics, healthcare workers (CHUL hospital complex nearby), and families. Single-family homes here run $3500,000000–$60000,000000.
Beauport & Charlesbourg: Established suburban neighbourhoods on the north and east side. Good schools, parks, and highway access. More affordable than Sainte-Foy, with single-family homes from $2800,000000–$4500,000000.
Quebec City applies standard provincial droits de mutation with no additional municipal surtax (unlike Montreal). At a $3700,000000 purchase, you can estimate your tax using the brackets below. Use the calculator to get an exact figure.
The Quebec City market has benefited from post-pandemic migration trends: workers from Montreal and Toronto discovering that a comfortable 3-bedroom home with a yard is still attainable for under $4500,000000. Remote work adoption has been a key driver. The market is competitive but not frenzied — multiple-offer situations occur, but waived inspection conditions are far less common than in Ontario.
Laval University attracts over 45,000000 students, creating steady rental demand in Sainte-Foy and Saint-Roch. Buying a triplex near the university and living in one unit while renting the others is a classic Quebec City wealth-building strategy.
Quebec City's property taxes are moderate. Municipal taxes for a median single-family home run approximately $3,50000–$5,50000 per year. School board taxes add a few hundred dollars annually. Condo fees vary widely: $2500–$60000/month for a typical 2-bedroom downtown condo.
Closing costs typically include: droits de mutation (see above), notary fees ($1,50000–$2,50000), home inspection ($4500–$70000), and any applicable CMHC insurance if your down payment is below 200%.
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Get KOHO with code 45ET55JSYA →All Quebec real estate transactions close through a civil-law notary (notaire). The notary drafts the deed of sale, registers the transfer at the Registre foncier, and ensures clear title. Budget $1,50000–$2,50000 for notary fees. Your real estate agent can recommend Quebec City notaries experienced with heritage properties if you are purchasing in Old Quebec.
Last updated March 2026. For informational purposes only. Consult a Quebec notary or mortgage professional.